Welcome to our dedicated page for MATRIX SERVICE CO SEC filings (Ticker: MTRX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Matrix Service Company's SEC filings document operating results, governance matters and material events for an engineering and construction contractor serving energy and industrial markets. Its 8-K reports furnish quarterly and full-year financial results, non-GAAP reconciliations, liquidity, debt position, backlog, project awards and revenue guidance.
Proxy and annual-meeting filings describe board elections, director independence, committee structure, audit matters, executive compensation, shareholder voting results and risk oversight. Other current reports record executive departures, transition and separation arrangements, and leadership changes at the company and its Matrix NAC operating subsidiary.
MATRIX SERVICE CO (MTRX) reported that its VP & General Counsel, David (James) Miller, had multiple equity compensation events in late August 2026. On August 25, 2026, he received 5,432 Restricted Stock Units and 5,432 shares of Common Stock at no cost in connection with service-based restricted stock awards. On August 27, 29, and 30, 2026, several tranches of Restricted Stock Units vested and were exercised into Common Stock, with corresponding Common Stock dispositions back to the company and share withholdings to cover tax obligations. The company states these Restricted Stock Units are economically equivalent to Common Stock and, for cash-settled awards, are settled solely in cash when vested. No transactions are reported as executed under a Rule 10b5-1 trading plan.
MATRIX SERVICE CO (MTRX) reported an initial ownership filing for officer David (James) Miller, VP & General Counsel, detailing his equity-linked compensation and share holdings. The filing lists multiple service-based Cash-Settled Restricted Stock Unit awards, each economically equivalent to one share of Matrix Service Company Common Stock but settled solely in cash when vested.
These RSU awards cover underlying 967, 4,739, 5,106, and 6,426 shares of common stock, with vesting in four equal annual installments over periods running from August 30, 2023 through August 30, 2026, August 29, 2024 through August 29, 2027, August 27, 2025 through August 27, 2028, and August 27, 2026 through August 27, 2029, respectively. The filing also reports direct ownership of 20,547 shares of common stock. No purchases or sales are reported in this Form 3; it is a statement of existing positions.
Matrix Service Company (MTRX) reports in its annual filing that fiscal 2026 showed higher activity but it still posted a loss. Revenue rose 14% to $873.6 million, driven mainly by Storage and Terminal Solutions and Utility and Power Infrastructure, and consolidated gross margin improved to 7.3% from 5.2%.
Net loss narrowed sharply to $2.6 million from $29.5 million as SG&A fell 11% to $63.6 million, partly from an organizational restructuring that also generated $10.0 million of restructuring and executive transition costs. Utility and Power Infrastructure margin improved to 11.1%, while Process and Industrial Facilities revenue and margin declined.
Backlog decreased from $1.38 billion to $953.2 million, with an overall book‑to‑bill of 0.7x, though the company expects to recognize about 79% of backlog as revenue in fiscal 2027. Liquidity remains strong, with $223.0 million of cash, no ABL borrowings, and total liquidity of $283.9 million; Deloitte issued unqualified opinions on both the financial statements and internal control.
Matrix Service Company (MTRX) reported its fiscal 2026 fourth quarter and full-year results, showing a return to profitability and double‑digit revenue growth. Fourth quarter revenue was $244.5 million versus $216.4 million a year ago, with net income of $1.1 million (vs. a loss of $11.3 million) and Adjusted EBITDA of $6.3 million (vs. a loss of $4.8 million). Revenue growth was led by a 43% increase in Storage and Terminal Solutions, while Utility and Power Infrastructure margins improved and Process and Industrial Facilities revenue declined.
For fiscal 2026, revenue was $873.6 million versus $769.3 million, and net loss narrowed to $2.6 million (loss per share of $0.09) from $29.5 million (loss per share of $1.06). Full‑year Adjusted net income was $7.4 million (Adjusted EPS $0.26) compared with an adjusted loss of $25.9 million, and Adjusted EBITDA improved to $16.0 million from a loss of $12.9 million. Total backlog at June 30, 2026 was $953.2 million with quarterly awards of $169.0 million and a book‑to‑bill of 0.7x, including a major mining project award. Liquidity totaled $283.9 million, including $223.0 million of cash and cash equivalents and $60.9 million of credit availability, and the company reported no outstanding debt.
MATRIX SERVICE CO (MTRX) reported a series of Form 4 transactions by Justin D. Sheets, SVP, Enterprise Services, involving cash-settled Restricted Stock Units (RSUs) economically equivalent to common stock. On August 27, 29 and 30, 2026, RSUs covering a total of 10,184 units were exercised or converted into associated common stock entries, while the corresponding RSU derivative entries were reported as disposed. Multiple non-derivative entries show dispositions of common stock back to the issuer at $10.83 and $10.91 per share. Additional Form 4 entries with code F document 3,802 shares delivered or withheld to satisfy tax obligations upon vesting of stock-based awards, as described in the footnotes. All RSUs referenced are stated to be settled solely in cash when vested.
MATRIX SERVICE CO (MTRX) reported multiple equity-related transactions by VP Finance & CFO Kevin S. Cavanah over August 27–30, 2026. He exercised derivative awards covering 18,061 Restricted Stock Units economically equivalent to common stock, with corresponding common stock entries acquired and then disposed to the issuer. Footnotes state these Restricted Stock Units are cash-settled and vest in 25% annual installments beginning between August 2023 and August 2026. In related code F transactions, a total of 6,299 common shares were delivered or withheld at prices of $10.83 and $10.91 per share for payment of tax liabilities on vesting.
MATRIX SERVICE CO (symbol: MTRX) is the issuer of record for a Form 4 filing submitted to the SEC.
MATRIX SERVICE CO (symbol: MTRX) is the issuer of record for a Form 4 filing submitted to the SEC.
MATRIX SERVICE CO (symbol: MTRX) is the issuer of record for a Form 4 filing submitted to the SEC.
Matrix Service Company is expanding the role of its new President and Chief Executive Officer, Shawn P. Payne, by electing him to the Board of Directors effective July 1, 2026. He will serve as a director until the next annual meeting.
Payne is also joining the Board’s Project Risk Committee and will chair the Strategy Committee. His director role does not change his existing compensation. The company discloses that his son, employed as an estimator at a subsidiary, receives annual pay of less than $150,000.