Matrix Service (MTRX) Operating Expenses (2010 - 2026)

Matrix Service (MTRX) has reported Operating Expenses for 17 consecutive years, with $15.2 million the latest figure, recorded in 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 advanced to $15.2 million in Q1 2026 per MTRX's latest filing, from $15.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $19.9 million in Q1 2024 and bottomed at $15.1 million in Q4 2025.
• Historically, Operating Expenses has averaged $17.3 million across 5 years, with a median of $17.3 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses fell 18.78% — and 2024, when it climbed 16.13%.
• Matrix Service's Operating Expenses stood at $18.8 million in 2022, then dropped by 16.43% to $15.7 million in 2023, then increased by 9.88% to $17.3 million in 2024, then retreated by 12.58% to $15.1 million in 2025, then climbed by 0.68% to $15.2 million in 2026.
• Business Quant data shows MTRX's Operating Expenses at $15.2 million in Q1 2026, $15.1 million in Q4 2025, and $16.3 million in Q3 2025.