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Matrix Service (MTRX) guidance and outlook
Matrix Service's 10-Q filed Nov 5, 2026 makes 21 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 5, 2026
- Although we believe that our expectations regarding future events are based on reasonable assumptions, we can give no assurance that such expectations or assumptions will be achieved.
- • amounts and nature of future project awards, revenue and margins from each of our segments;
- These statements are based on certain assumptions and analyses we made in light of our experience and our historical trends, current conditions and expected future developments as well as other factors we believe are appropriate.
- We may use the Investors section of our website (www.matrixservicecompany.com) to communicate with investors and we intend to post presentations and other materials there.
- While full EPC projects remain a top priority for the business, this award also reflects our efforts to secure more short-cycle construction-only ("C-only") projects which have a faster bid-to-burn revenue generation profile.
- We define backlog as the total dollar amount of revenue that we expect to recognize as a result of performing work that has been awarded to us through a signed contract, limited notice to proceed ("LNTP") or other type of assurance that we consider firm.
- For long-term maintenance contracts with no minimum commitments and other established customer agreements, we include only the amounts that we expect to recognize as revenue over the next 12 months.
- For arrangements in which we have received an LNTP, we include the entire scope of work in our backlog if we conclude that the likelihood of the full project proceeding is probable.
- In the Storage and Terminal Solutions segment, we booked $29.8 million of project awards during the first quarter of fiscal 2027.
- We believe LNG and NGL projects in particular will be key growth drivers for this segment.
- Bidding activity in these markets has been strong and we expect that to continue.
- In the Utility and Power Infrastructure segment, we booked $58.2 million of project awards during the first quarter of fiscal 2027.
Matrix Service's latest quarter
Matrix Service, Q1 FY27: revenue $219M (+4% year over year), operating margin 2.0%, net earnings $6.2M, operating cash flow −$37.0M. The chart follows the revenue to costs, profit and cash.
Questions
What does Matrix Service expect?
Although we believe that our expectations regarding future events are based on reasonable assumptions, we can give no assurance that such expectations or assumptions will be achieved. • amounts and nature of future project awards, revenue and margins from each of our segments; These statements are based on certain assumptions and analyses we made in light of our experience and our historical trends, current conditions and expected future developments as well as other factors we believe are appropriate.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.