Matrix Service Company stock trades near its 52-week low
Published on 09/24/2026 at 21:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Matrix Service Company stock (MTRX) was trading at USD 9.77 on Nasdaq on September 24, 2026, 1.6 percent above its 52-week low of USD 9.62. The industrial contractor's fiscal 2026 results show a sharper contrast between improving operations and a still subdued share price.
Revenue reaches a six year high
According to GlobeNewswire, revenue in the fourth quarter ended June 30, 2026, reached USD 244.5 million, compared with USD 216.4 million in the prior-year quarter. That 13 percent increase marked the company's highest quarterly revenue in six years.
The result was led by Storage and Terminal Solutions, where quarterly revenue reached USD 137.4 million versus USD 96.1 million a year earlier. The segment's gross margin also improved to 6.4 percent from negative 1.1 percent, while Process and Industrial Facilities revenue declined to USD 33.6 million from USD 47.3 million.
Profit returns but expectations matter
Matrix Service reported net income of USD 1.142 million in fiscal Q4 2026, reversing a net loss of USD 11.272 million in the comparable quarter. Adjusted EPS reached USD 0.16, compared with an adjusted loss of USD 0.28, while adjusted EBITDA improved to USD 6.273 million from a loss of USD 4.817 million.
The improvement still came with an earnings gap. MarketBeat reported that adjusted EPS improved from a USD 0.28 loss, while the quarter's gross margin expanded to 8.0 percent from 3.8 percent. For investors, execution quality is now as important as the revenue rebound.
Backlog supports the next fiscal year
Backlog stood at USD 953.178 million on June 30, 2026, down from USD 1.028667 billion on March 31. Fourth-quarter project awards totaled USD 169.042 million, producing a 0.7 book-to-bill ratio, with Process and Industrial Facilities generating a 3.2 ratio.
Liquidity provides a counterweight to the weaker backlog figure. Matrix Service ended fiscal 2026 with USD 283.9 million of total liquidity, including USD 223.0 million in unrestricted cash, and reported no outstanding debt.
Stock stays near yearly low
Matrix Service Company stock stood at USD 9.77 on Nasdaq on September 24, 2026, with a daily change of negative 0.15 percent. The quote was USD 0.15 above the 52-week low and USD 6.20 below the 52-week high of USD 15.97.
Matrix Service Company key figures
- Company: Matrix Service Company
- Ticker: MTRX
- Trading venue: Nasdaq
- Price as of September 24, 2026: USD 9.77
- Market capitalization: USD 274,726,557 as of September 24, 2026
- 52-week range: USD 9.62-15.97
- Sector / Industry: Industrials / Engineering and Construction
