Matrix Service (MTRX) Operating Expenses (2010 - 2026)
Matrix Service (MTRX) posted quarterly Operating Expenses of $15.2 million for Q1 2026, down 14.17% YoY from $17.7 million in Q1 2025, and up 0.68% sequentially from $15.1 million in Q4 2025.
Matrix Service (MTRX) Operating Expenses (2010 - 2026) Analysis & Trends
Matrix Service has disclosed Operating Expenses across 17 years of filings, most recently posting $15.2 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 14.17% year-over-year to $15.2 million; the TTM figure through Mar 2026 stood at $64.2 million (down 9.37% YoY), while the FY2025 annual figure was $71.2 million, up 1.55% from the prior year.
- Operating Expenses grew to $15.2 million in Q1 2026, from $15.1 million in the prior quarter.
- Over the last five years, Operating Expenses for MTRX reached as high as $19.9 million in Q1 2024 and fell as low as $15.1 million in Q4 2025.
- The 5-year median for Operating Expenses is $17.3 million (2023), against an average of $17.3 million.
- Annual changes were most pronounced in 2022 — Operating Expenses fell 18.78% — and 2024, when it climbed 16.13%.
- A 5-year view of Operating Expenses shows it stood at $18.8 million in 2022, then slipped by 16.43% to $15.7 million in 2023, then grew by 9.88% to $17.3 million in 2024, then fell by 12.58% to $15.1 million in 2025, then advanced by 0.68% to $15.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $15.2 million, $15.1 million, and $16.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 666.00 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 620.73 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 297.49 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 49.26 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 517.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 876.07 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 57.87 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 53.05 Mn |
| 10 | Matrix Service | 378.87 Mn | 145.85 Mn | 17.15 Mn | 15.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.22 Mn |
| Dec 31, 2025 | 15.11 Mn |
| Sep 30, 2025 | 16.33 Mn |
| Jun 30, 2025 | 17.58 Mn |
| Mar 31, 2025 | 17.73 Mn |
| Dec 31, 2024 | 17.29 Mn |
| Sep 30, 2024 | 18.58 Mn |
| Jun 30, 2024 | 17.29 Mn |
| Mar 31, 2024 | 19.95 Mn |
| Dec 31, 2023 | 15.73 Mn |
| Sep 30, 2023 | 17.11 Mn |
| Jun 30, 2023 | 17.29 Mn |
| Mar 31, 2023 | 17.18 Mn |
| Dec 31, 2022 | 18.82 Mn |
| Sep 30, 2022 | 18.10 Mn |
| Jun 30, 2022 | 19.02 Mn |
| Mar 31, 2022 | 15.46 Mn |
| Dec 31, 2021 | 16.62 Mn |
| Sep 30, 2021 | 17.23 Mn |
| Jun 30, 2021 | 17.90 Mn |