Matrix Service (MTRX) Gross Margin (2010 - 2026)

Matrix Service (MTRX) posted quarterly Gross Margin of 8.3% for Q1 2026, up 188.0% year-over-year from 2.88% in Q1 2025, and up 32.99% quarter-over-quarter from 6.24% in Q4 2025.

Matrix Service (MTRX) Gross Margin (2010 - 2026) Analysis & Trends

Matrix Service (MTRX) has reported Gross Margin for 17 consecutive years, with 8.3% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 188.0% year-over-year to 8.3%; the TTM figure through Mar 2026 stood at 6.22% (up 29.0% YoY), while the FY2025 annual figure was 5.16%, down 40.0% from the prior year.
  • Gross Margin improved to 8.3% in Q1 2026 per MTRX's latest filing, from 6.24% in the prior quarter.
  • Across five years, Gross Margin topped out at 8.3% in Q1 2026 and bottomed at 1.0% in Q1 2022.
  • Historically, Gross Margin has averaged 4.61% across 5 years, with a median of 6.0% in 2023.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 833 bps — and 2025, when it tumbled 281 bps.
  • Matrix Service's Gross Margin stood at 0.67% in 2022, then soared by 1001 bps to 6.05% in 2023, then decreased by 4 bps to 5.82% in 2024, then advanced by 7 bps to 6.24% in 2025, then surged by 33 bps to 8.3% in 2026.
  • Business Quant data shows MTRX's Gross Margin at 8.3% in Q1 2026, 6.24% in Q4 2025, and 6.69% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 16.17%
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 25.85%
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 19.83%
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 12.72%
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 23.53%
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 31.19%
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 21.51%
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 27.41%
10 Matrix Service 336.42 Mn 103.39 Mn 17.15 Mn 8.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.30%
Dec 31, 2025 6.24%
Sep 30, 2025 6.69%
Jun 30, 2025 3.75%
Mar 31, 2025 6.42%
Dec 31, 2024 5.82%
Sep 30, 2024 4.72%
Jun 30, 2024 6.57%
Mar 31, 2024 3.36%
Dec 31, 2023 6.05%
Sep 30, 2023 6.00%
Jun 30, 2023 7.14%
Mar 31, 2023 2.36%
Dec 31, 2022 -0.67%
Sep 30, 2022 6.24%
Jun 30, 2022 0.43%
Mar 31, 2022 -1.00%
Dec 31, 2021 1.98%
Sep 30, 2021 -2.09%
Jun 30, 2021 0.88%