MATRIX SERVICE CO
Financial highlights
| Metric | FY 06/30/25 | FY 06/30/24 | FY 06/30/23 | FY 06/30/22 | FY 06/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $769.3M | $728.2M | $795.0M | $707.8M | $673.4M |
| Cost of revenue | $729.6M | $687.7M | $764.2M | $709.0M | $640.6M |
| Gross profit | $39.7M | $40.5M | $30.8M | -$1.2M | $32.8M |
| Selling, general & administrative | $71.2M | $70.1M | $68.2M | $67.7M | $69.8M |
| Operating income | -$35.1M | -$30.1M | -$52.9M | -$87.9M | -$43.7M |
| Interest expense | $518,000 | $1.1M | $2.0M | $3.0M | $1.6M |
| Pretax income | -$29.0M | -$25.0M | -$52.8M | -$58.3M | -$43.3M |
| Income tax expense | $464,000 | -$36,000 | -$400,000 | $5.6M | -$12.0M |
| Net income | -$29.5M | -$25.0M | -$52.4M | -$63.9M | -$31.2M |
| Balance Sheet | |||||
| Cash and equivalents | $224.6M | $115.6M | $54.8M | $52.4M | $83.9M |
| Current assets | $419.8M | $301.6M | $262.3M | $287.4M | $291.2M |
| Total assets | $600.3M | $451.4M | $400.5M | $440.8M | $467.6M |
| Current liabilities | $436.4M | $265.1M | $187.5M | $177.8M | $153.4M |
| Total liabilities | $457.5M | $287.2M | $219.0M | $213.1M | $182.0M |
| Stockholders' equity | $142.7M | $164.2M | $181.5M | $227.7M | $285.5M |
| Cash Flow Statement | |||||
| Cash from operations | $117.5M | $72.6M | $10.2M | -$54.2M | -$3.0M |
| Depreciation and amortization | $10.0M | $11.0M | $13.7M | $15.3M | $17.9M |
| Stock-based compensation | $8.9M | $7.7M | $6.8M | $7.9M | $8.2M |
| Capital expenditure | $7.7M | $7.0M | $9.0M | $3.3M | $4.4M |
| Free cash flow | $109.8M | $65.6M | $1.2M | -$57.5M | -$7.3M |
| Share repurchases | — | — | — | $0 | $0 |
| Impairments | $0 | $0 | $12.3M | $18.3M | $0 |
Shares outstanding 28.1M · Free float 95.6%
Annual filing data through FY ended June 30, 2025; float as of July 11, 2026.