Filing Flows › Matrix Service (MTRX) › Q1 FY27 › vs Q4 FY26
Matrix Service (MTRX) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Matrix Service's revenue fell $25.1M (-10%) from $245M in Q4 FY26 to $219M in Q1 FY27. Gross margin 8.2% against 8.0% (+0.3 pts).
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 draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 8.2% | 8.0% | +0.3 pts |
| Operating margin | 2.0% | -0.4% | +2.4 pts |
| Net margin | 2.8% | 0.5% | +2.4 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $219M | $245M | −$25.1M | -10% |
| Gross profit | $18.1M | $19.5M | −$1.4M | -7% |
| Cost of revenue | $201M | $225M | −$23.7M | -11% |
| Other income, net | $1.7M | $2.1M | −$411K | -19% |
| Operating profit | $4.5M | −$891K | $5.4M | — |
| Operating expenses | $13.6M | $20.4M | −$6.8M | -33% |
| Pre-tax earnings | $6.2M | $1.2M | $5.0M | +403% |
| SG&A | $13.3M | $16.9M | −$3.6M | -21% |
| Other operating costs | $229K | $3.4M | −$3.2M | -93% |
| Income tax benefit | $1K | −$89K | $90K | — |
| Net earnings | $6.2M | $1.1M | $5.0M | +442% |
| Operating cash sources | $46.3M | $13.6M | $32.7M | +241% |
| Depreciation & amortization | $1.8M | $1.9M | −$153K | -8% |
| Share-based compensation | $1.3M | $1.7M | −$344K | -21% |
| Cash used in operations | $37.0M | $8.8M | $28.1M | +320% |
| Working capital & other | $46.3M | $13.6M | $32.7M | +241% |
Questions
How much did Matrix Service's revenue grow quarter over quarter in Q1 FY27?
Matrix Service's revenue fell $25.1M (-10%) from $245M in Q4 FY26 to $219M in Q1 FY27. Gross margin 8.2% against 8.0% (+0.3 pts).