Matrix Service returns to profit in Q4 FY26; revenue rises 13% to $244.5 million - MTRX News | RalliesMatrix Service returns to profit in Q4 FY26; revenue rises 13% to $244.5 million
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MTRX• Fourth-quarter and full-year results improve
- Matrix Service posted Q4 revenue of $244.5 million, up 13% year over year, its highest quarterly level in six years.
- Net income swung to $1.1 million, or $0.04 per share, from a loss a year earlier.
- Adjusted EBITDA turned positive at $6.3 million, versus a loss a year earlier; adjusted net income was $4.6 million.
- Full-year revenue rose 13.56% to $873.6 million; adjusted EBITDA improved to $16 million from a loss.
- Backlog ended June at $953.2 million; Q4 awards totaled $169 million, including a major western US mining construction project.
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