Matrix Service (MTRX) Cost of Revenue (2010 - 2026)

Matrix Service (MTRX) posted quarterly Cost of Revenue of $189.6 million for Q1 2026, up 1.2% YoY from $187.3 million in Q1 2025, and down 3.96% sequentially from $197.4 million in Q4 2025.

Matrix Service (MTRX) Cost of Revenue (2010 - 2026) Analysis & Trends

Matrix Service has disclosed Cost of Revenue across 17 years of filings, most recently posting $189.6 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 1.2% year-over-year to $189.6 million; the TTM figure through Mar 2026 stood at $792.9 million (up 13.53% YoY), while the FY2025 annual figure was $729.6 million, up 6.09% from the prior year.
  • Cost of Revenue declined to $189.6 million in Q1 2026, from $197.4 million in the prior quarter.
  • Over the last five years, Cost of Revenue for MTRX reached as high as $208.3 million in Q2 2025 and fell as low as $157.8 million in Q3 2024.
  • The 5-year median for Cost of Revenue is $187.3 million (2025), against an average of $185.0 million.
  • Annual changes were most pronounced in 2023 — Cost of Revenue dropped 15.73% — and 2025, when it increased 25.31%.
  • A 5-year view of Cost of Revenue shows it stood at $195.1 million in 2022, then declined by 15.73% to $164.5 million in 2023, then rose by 7.19% to $176.3 million in 2024, then gained by 11.97% to $197.4 million in 2025, then retreated by 3.96% to $189.6 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $189.6 million, $197.4 million, and $197.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 780.20 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 6.77 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.35 Bn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 631.38 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 1.36 Bn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 2.90 Bn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 719.50 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 3.50 Bn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 906.22 Mn
10 Matrix Service 378.87 Mn 145.85 Mn 17.15 Mn 189.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 189.56 Mn
Mar 31, 2026 189.56 Mn
Dec 31, 2025 197.37 Mn
Dec 31, 2025 197.37 Mn
Sep 30, 2025 197.70 Mn
Sep 30, 2025 197.70 Mn
Jun 30, 2025 208.26 Mn
Jun 30, 2025 208.26 Mn
Mar 31, 2025 187.31 Mn
Mar 31, 2025 187.31 Mn
Dec 31, 2024 176.28 Mn
Dec 31, 2024 176.28 Mn
Sep 30, 2024 157.77 Mn
Sep 30, 2024 157.77 Mn
Jun 30, 2024 177.05 Mn
Jun 30, 2024 177.05 Mn
Mar 31, 2024 160.44 Mn
Mar 31, 2024 160.44 Mn
Dec 31, 2023 164.45 Mn
Dec 31, 2023 164.45 Mn