Matrix Service (MTRX) Operating Expenses (2010 - 2026)
Matrix Service's (MTRX) quarterly Operating Expenses came in at $20.4 million in Q2 2026, down 3.12% year-over-year from $21.0 million in Q2 2025, and up 11.93% quarter-over-quarter from $18.2 million in Q1 2026.
Analysis
Matrix Service (MTRX) Operating Expenses (2010 - 2026) Analysis & Trends
Matrix Service (MTRX) has reported Operating Expenses for 17 consecutive years, with $20.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 3.12% year-over-year to $20.4 million in Q2 2026; TTM through Jun 2026 was $73.6 million, a 1.57% decrease from a year earlier, with the FY2026 full-year figure at $73.6 million, down 1.57% from the prior year.
- Operating Expenses was $20.4 million for Q2 2026 at Matrix Service, up from $18.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.0 million in Q2 2025 and troughed at $15.3 million in Q4 2025.
- A 5-year average of $18.0 million and a median of $18.0 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses declined 18.78% in 2022 and increased 18.18% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $18.8 million in 2022, then decreased by 16.43% to $15.7 million in 2023, then climbed by 9.88% to $17.3 million in 2024, then declined by 11.41% to $15.3 million in 2025, then soared by 33.04% to $20.4 million in 2026.
- The last three Operating Expenses figures came in at $20.4 million (Q2 2026), $18.2 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 475.04 Mn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 524.00 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 65.66 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 46.45 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 963.15 Mn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 41.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 17.41 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 164.30 Mn |
| 10 | Matrix Service | 292.95 Mn | 69.98 Mn | 19.48 Mn | 20.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.37 Mn |
| Mar 31, 2026 | 18.20 Mn |
| Dec 31, 2025 | 15.31 Mn |
| Sep 30, 2025 | 19.68 Mn |
| Jun 30, 2025 | 21.03 Mn |
| Mar 31, 2025 | 17.85 Mn |
| Dec 31, 2024 | 17.29 Mn |
| Sep 30, 2024 | 18.58 Mn |
| Jun 30, 2024 | 17.79 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 |