Matrix Service (MTRX) Cost of Revenue (2010 - 2026)
Matrix Service's (MTRX) quarterly Cost of Revenue came in at $225.0 million in Q2 2026, up 8.06% year-over-year from $208.3 million in Q2 2025, and up 18.72% quarter-over-quarter from $189.6 million in Q1 2026.
Analysis
Matrix Service (MTRX) Cost of Revenue (2010 - 2026) Analysis & Trends
Matrix Service (MTRX) has reported Cost of Revenue for 17 consecutive years, with $225.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 8.06% year-over-year to $225.0 million in Q2 2026; TTM through Jun 2026 was $809.7 million, a 10.97% increase from a year earlier, with the FY2026 full-year figure at $809.7 million, up 10.97% from the prior year.
- Cost of Revenue was $225.0 million for Q2 2026 at Matrix Service, up from $189.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $225.0 million in Q2 2026 and troughed at $157.8 million in Q3 2024.
- A 5-year average of $187.2 million and a median of $188.4 million in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue slipped 15.73% in 2023 and grew 25.31% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $195.1 million in 2022, then dropped by 15.73% to $164.5 million in 2023, then increased by 7.19% to $176.3 million in 2024, then rose by 11.97% to $197.4 million in 2025, then grew by 14.02% to $225.0 million in 2026.
- The last three Cost of Revenue figures came in at $225.0 million (Q2 2026), $189.6 million (Q1 2026), and $197.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 4.13 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 3.27 Bn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 878.22 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 3.62 Bn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 1.15 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 4.15 Bn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 309.76 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 518.90 Mn |
| 10 | Matrix Service | 292.95 Mn | 69.98 Mn | 19.48 Mn | 225.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 225.05 Mn |
| Mar 31, 2026 | 189.56 Mn |
| Dec 31, 2025 | 197.37 Mn |
| Sep 30, 2025 | 197.70 Mn |
| Jun 30, 2025 | 208.26 Mn |
| Mar 31, 2025 | 187.31 Mn |
| Dec 31, 2024 | 176.28 Mn |
| Sep 30, 2024 | 157.77 Mn |
| Jun 30, 2024 | 177.05 Mn |
| Mar 31, 2024 | 160.44 Mn |
| Dec 31, 2023 | 164.45 Mn |
| Sep 30, 2023 | 185.80 Mn |
| Jun 30, 2023 | 191.16 Mn |
| Mar 31, 2023 | 182.48 Mn |
| Dec 31, 2022 | 195.14 Mn |
| Sep 30, 2022 | 195.42 Mn |
| Jun 30, 2022 | 199.86 Mn |
| Mar 31, 2022 | 178.77 Mn |
| Dec 31, 2021 | 158.76 Mn |
| Sep 30, 2021 | 171.60 Mn |