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| Date | Value |
|---|---|
| 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% |