Storage & Terminal Solutions was Matrix Service’s largest segment in fiscal 2025, bringing in $365.89M of $769.29M (48%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Storage Solutions | — | — | — | — | ||||||||||||
| Storage & Terminal Solutions | $232.84M | $255.69M | $276.80M | $365.89M | ||||||||||||
| Process & Industrial Facilities | $254.85M | $369.82M | $266.26M | $154.70M | ||||||||||||
| Oil Gas & Chemical | — | — | — | — | ||||||||||||
| Electrical Infrastructure | — | — | — | — | ||||||||||||
| Utility & Power Infrastructure | $220.09M | $169.50M | $183.92M | $248.69M | ||||||||||||
| Industrial | — | — | — | — | ||||||||||||
| Corporate | — | — | $1.23M | — | ||||||||||||
| Total | $707.78M | $795.02M | $728.21M | $769.29M |
Matrix Service brought in $769.29M from its three segments in fiscal 2025, the year ended June 30, 2025. Matrix Service regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $728.21M. Storage & Terminal Solutions was the largest at $365.89M (47.6%), ahead of Utility & Power Infrastructure at $248.69M (32.3%) and Process & Industrial Facilities at $154.70M (20.1%).
Compared with fiscal 2024, Utility & Power Infrastructure grew fastest, up 35.2% to $248.69M, while Process & Industrial Facilities fell the most, down 41.9% to $154.70M. From fiscal 2022 to 2025, combined revenue from these segments grew from $707.78M to $769.29M, a compound annual growth rate of 2.8%. Storage & Terminal Solutions' share of the total rose from 32.9% to 47.6%.
Matrix Service stopped reporting Corporate as a separate segment after fiscal 2024, when it brought in $1.23M.
United States was Matrix Service’s largest region in fiscal 2025, bringing in $719.39M of $769.29M (94%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $640.51M | $720.14M | $662.45M | $719.39M | |||||||||||
| Domestic | — | — | — | — | |||||||||||
| Canada | $63.05M | $61.69M | $56.42M | $41.23M | |||||||||||
| International | — | — | — | — | |||||||||||
| Other International | $4.22M | $13.19M | $9.34M | $8.67M | |||||||||||
| Total | $707.78M | $795.02M | $728.21M | $769.29M |
Matrix Service brought in $769.29M from its three regions in fiscal 2025, the year ended June 30, 2025. That was up 5.6% from $728.21M in fiscal 2024. United States was the largest at $719.39M (93.5%), ahead of Canada at $41.23M (5.4%) and Other International at $8.67M (1.1%).
Compared with fiscal 2024, United States grew 8.6% to $719.39M, while Canada fell 26.9% to $41.23M. From fiscal 2022 to 2025, combined revenue from these regions grew from $707.78M to $769.29M, a compound annual growth rate of 2.8%. United States' share of the total rose from 90.5% to 93.5%.
Fixed-Price Contract was Matrix Service’s largest revenue line in fiscal 2025, bringing in $560.72M of $769.29M (73%).
| Contract with Customer, Basis of Pricing | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Fixed-Price Contract | $421.19M | $419.43M | $455.55M | $560.72M | |||
| Time-&-Materials Contract | $286.59M | $375.59M | $272.67M | $208.57M | |||
| Total | $707.78M | $795.02M | $728.21M | $769.29M |
Matrix Service brought in $769.29M from its two revenue lines in fiscal 2025, the year ended June 30, 2025. That was up 5.6% from $728.21M in fiscal 2024. Fixed-Price Contract was the largest at $560.72M (72.9%), ahead of Time-&-Materials Contract at $208.57M (27.1%).
Compared with fiscal 2024, Fixed-Price Contract grew 23.1% to $560.72M, while Time-&-Materials Contract fell 23.5% to $208.57M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $707.78M to $769.29M, a compound annual growth rate of 2.8%. Fixed-Price Contract's share of the total rose from 59.5% to 72.9%.
Matrix Service (MTRX) reports its revenue by segment, by geography and by contract with customer, basis of pricing. In fiscal 2025, Storage & Terminal Solutions was its largest segment, bringing in $365.89M (47.6% of the total), followed by Utility & Power Infrastructure at $248.69M (32.3%).
Storage & Terminal Solutions was Matrix Service's largest segment in fiscal 2025, bringing in $365.89M, or 47.6% of the $769.29M total across its three segments.
United States was Matrix Service's largest region in fiscal 2025, bringing in $719.39M, or 93.5% of the $769.29M total across its three regions.
Fixed-Price Contract was Matrix Service's largest revenue line in fiscal 2025, bringing in $560.72M, or 72.9% of the $769.29M total across its two revenue lines.
United States grew faster than Canada in fiscal 2025, up 8.6% from $662.45M to $719.39M. Canada fell 26.9% to $41.23M.
Every figure comes from Matrix Service's annual financial filings, as reported. Each line keeps the name Matrix Service gives it, and years follow its fiscal calendar.
Matrix Service's revenue by segment goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.