Matrix Service (MTRX) Cost of Revenue (2010 - 2026)
Matrix Service (MTRX) reported Cost of Revenue of $189.6 million for Q1 2026, up 1.2% year-over-year from $187.3 million in Q1 2025, and down 3.96% quarter-over-quarter from $197.4 million in Q4 2025.
Matrix Service (MTRX) Cost of Revenue (2010 - 2026) Analysis & Trends
Matrix Service (MTRX) has 17 years of Cost of Revenue data on file, last reported at $189.6 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $189.6 million, up 1.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $792.9 million (up 13.53% YoY), and the FY2025 annual result was $729.6 million, up 6.09% from the prior year.
- Cost of Revenue slipped to $189.6 million in Q1 2026 per MTRX's latest filing, from $197.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $208.3 million in Q2 2025 and troughed at $157.8 million in Q3 2024.
- A 5-year average of $185.0 million and a median of $187.3 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue dropped 15.73% in 2023, then increased 25.31% in 2025.
- 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.
- Business Quant data shows MTRX's Cost of Revenue at $189.6 million in Q1 2026, $197.4 million in Q4 2025, and $197.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.64 Bn | 97.37 Bn | 1.11 Bn | 6.77 Bn |
| 2 | Comfort Systems Usa | 60.31 Bn | 59.26 Bn | 754.41 Mn | 2.11 Bn |
| 3 | Emcor | 34.63 Bn | 33.72 Bn | 863.95 Mn | 3.76 Bn |
| 4 | Mastec | 26.26 Bn | 26.11 Bn | 477.90 Mn | 3.35 Bn |
| 5 | Sterling Infrastructure | 23.68 Bn | 23.18 Bn | 194.30 Mn | 631.38 Mn |
| 6 | APi | 17.88 Bn | 17.24 Bn | 620.00 Mn | 1.36 Bn |
| 7 | Jacobs Solutions | 14.38 Bn | 13.00 Bn | 794.89 Mn | 2.90 Bn |
| 8 | IES Holdings | 13.57 Bn | 13.32 Bn | 254.79 Mn | 719.50 Mn |
| 9 | Dycom Industries | 13.37 Bn | 12.66 Bn | - | - |
| 10 | Matrix Service | 366.39 Mn | 133.36 Mn | 17.15 Mn | 189.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |