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

Matrix Service (MTRX) reported Operating Expenses of $15.2 million for Q1 2026, down 14.17% year-over-year from $17.7 million in Q1 2025, and up 0.68% quarter-over-quarter from $15.1 million in Q4 2025.

Matrix Service (MTRX) Operating Expenses (2010 - 2026) Analysis & Trends

Matrix Service (MTRX) has 17 years of Operating Expenses data on file, last reported at $15.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $15.2 million, down 14.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.2 million (down 9.37% YoY), and the FY2025 annual result was $71.2 million, up 1.55% from the prior year.
  • Operating Expenses improved to $15.2 million in Q1 2026 per MTRX's latest filing, from $15.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $19.9 million in Q1 2024 and troughed at $15.1 million in Q4 2025.
  • A 5-year average of $17.3 million and a median of $17.3 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses fell 18.78% in 2022, then climbed 16.13% in 2024.
  • 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.
  • 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 620.73 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 269.00 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 460.11 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 297.49 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 49.26 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 517.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 876.07 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 142.57 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 Matrix Service 377.17 Mn 144.15 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