Matrix Service (MTRX) Gross Margin (2010 - 2026)
Matrix Service (MTRX) reported 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 17 years of Gross Margin data on file, last reported at 8.3% in Q1 2026.
- Gross Margin for Q1 2026 came in at 8.3%, up 188.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.22% (up 29.0% YoY), and the FY2025 annual result was 5.16%, down 40.0% from the prior year.
- Gross Margin grew to 8.3% in Q1 2026 per MTRX's latest filing, from 6.24% in the prior quarter.
- Over five years, Gross Margin peaked at 8.3% in Q1 2026 and troughed at 1.0% in Q1 2022.
- A 5-year average of 4.61% and a median of 6.0% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 833 bps in 2022, then tumbled 281 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 0.67% in 2022, then surged by 1001 bps to 6.05% in 2023, then retreated by 4 bps to 5.82% in 2024, then gained by 7 bps to 6.24% in 2025, then jumped 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 | 103.56 Bn | 103.29 Bn | 1.11 Bn | 14.06% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 26.33% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 18.67% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 12.48% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 23.53% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 31.28% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 21.51% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 26.15% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Matrix Service | 377.17 Mn | 144.15 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% |