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
DateValue
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