Every 8-K that Matrix Service Co (MTRX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MTRX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MTRX filings page.
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 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.
Matrix Service Company reported fiscal 2026 third quarter revenue of $206.7 million and returned to profitability with net income of $0.8 million, or $0.03 per diluted share, compared with a loss a year ago.
Adjusted net income was $3.8 million and Adjusted EBITDA reached $4.9 million, reflecting stronger gross margins and lower SG&A. Liquidity was $297.2 million at March 31, 2026, including $233.0 million of cash and no outstanding debt. Backlog was $1.0 billion, supported by a project pipeline of more than $6.9 billion, though the quarterly book-to-bill ratio was 0.5x. The company updated fiscal 2026 revenue guidance to a range of $870 million to $890 million, still implying double‑digit growth over fiscal 2025.
Matrix Service Company is implementing leadership changes as part of broader organizational updates following the previously announced appointment of Shawn P. Payne as Chief Executive Officer, effective July 1, 2026. Vice President of Finance and Chief Financial Officer Kevin S. Cavanah will remain in his role through a transition period tied to the filing of the company’s Form 10-K for the fiscal year ending June 30, 2026 or earlier termination without cause. Under a transition and separation agreement, he will receive a lump sum cash payment of $771,000, 18 months of company-paid COBRA continuation coverage, accelerated vesting of his outstanding restricted stock units, and pro rata service credit on performance units that may vest based on actual performance. Chief Administrative Officer Nancy E. Austin will step down effective May 7, 2026 under a separate separation agreement, with a lump sum payment of $608,345, 18 months of company-paid COBRA coverage, vesting of 20,368 restricted stock units, and deemed satisfaction of service conditions on certain performance units. The company states that both separations are not due to disagreements with the company, and the Chief Administrative Officer role will be eliminated with responsibilities reassigned to other executives.
Matrix Service Company filed a current report stating that on February 4, 2026 it issued a press release announcing its financial results for the fiscal 2026 second quarter. The press release is included as Exhibit 99, and the earnings information is being furnished rather than filed under securities laws.
Matrix Service Company reported a leadership change at one of its subsidiaries. On December 30, 2025, Douglas J. Montalbano notified the company that he will resign as President of Matrix North American Construction, Inc., a union operating subsidiary, effective January 16, 2026. The company states that his resignation is not related to any dispute or disagreement with the subsidiary, its clients, or the parent company on matters related to operations, policies, or practices.
The President role at Matrix North American Construction will be filled on an interim basis by a current employee and officer of that subsidiary, who will report to Shawn Payne, President, Engineering & Construction of Matrix Service Company. This indicates continuity of leadership within the existing management team while a longer-term decision is considered.
Matrix Service Company furnished an 8-K to announce it issued a press release with financial results for the fiscal 2026 first quarter. The press release, dated November 5, 2025, is included as Exhibit 99. The disclosure under Item 2.02 is being furnished and is not deemed filed under Section 18 of the Exchange Act or incorporated by reference except as expressly stated.
Matrix Service Company reported results from its 2025 Annual Meeting. Stockholders elected all director nominees to serve until the 2026 meeting. They ratified Deloitte & Touche LLP as independent auditor for fiscal 2026 with 25,498,799 votes for, 321,924 against, and 5,098 abstentions.
Stockholders approved the advisory vote on named executive officer compensation with 20,132,922 for, 1,408,554 against, and 50,754 abstentions, with 4,233,591 broker non-votes. They also approved the Matrix Service Company 2026 Employee Stock Purchase Plan with 21,208,865 for, 378,588 against, and 4,777 abstentions, with 4,233,591 broker non-votes.
Finally, stockholders approved the Third Amendment to the 2020 Stock and Incentive Compensation Plan to increase the shares authorized for issuance thereunder from 3,975,000 to 5,000,000; the vote was 14,331,217 for, 6,641,355 against, and 619,658 abstentions, with 4,233,591 broker non-votes.
Matrix Service Company filed a current report to furnish a press release announcing its financial results for the fiscal 2025 fourth quarter and full year. The company stated that the press release, dated September 9, 2025, is provided as Exhibit 99 and is furnished, not filed, under securities law. The report was signed by Kevin S. Cavanah, Vice President and Chief Financial Officer.