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AI brief of an SEC Form 8-K · MATRIX SERVICE CO (MTRX)

Matrix Service posts $6.2 million Q1 profit on $219.4 million revenue, approves $25 million buyback

Positive Impact 3 of 5 earnings Written later

Matrix Service reported fiscal 2027 first-quarter results for the quarter ended September 30, 2026, with revenue of $219.4 million and net income of $6.2 million, or $0.22 per diluted share, compared with a net loss of $3.7 million a year earlier. The board also approved a new $25 million share buyback program, and the company reported no outstanding debt and $221.8 million of liquidity.

Key points

  • Revenue of $219.4 million, up from $211.9 million in the prior-year quarter
  • Net income of $6.2 million, or $0.22 per diluted share, versus a net loss of $3.7 million, or $(0.13) per share
  • Adjusted EBITDA of $7.7 million, versus $2.5 million a year earlier
  • New $25 million share buyback program approved; total backlog of $872.6 million at September 30, 2026

The filing

CompanyMATRIX SERVICE CO (MTRX)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:55 PM ET
Accession number0000866273-26-000080

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.