Matrix Service Co.
- MTRX ยท Nasdaq
- Construction - Special Trade Contractors
- Tulsa, OK
- 2,370 employees
- CIK 0000866273
Updated from SEC filings through
Top things to know
Executives
-
Shawn P. Payne President and Chief Executive Officer 10-K, 2026-09-03 - Dominic A. Savarino SVP & CFO 3, 2026-11-06
- Andrew John Smith Chief Financial Officer 3, 2026-09-14
- Kevin S. Cavanah Chief Financial Officer 10-K, 2026-09-03
- Douglas J. Montalbano President, Matrix North American Construction DEF 14A, 2025-09-24
- David (James) Miller VP & General Counsel 4, 2026-09-04
Matrix Service Co is a U.S. public company in construction - special trade contractors (SIC 1700), headquartered in Tulsa, OK. It trades as MTRX on Nasdaq. Revenue was $874M in the fiscal year ending June 30, 2026, +13.6% from the year before. It reported about 2,370 employees. Shawn P. Payne is President and Chief Executive Officer.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $874M 10-K, 2026-09-03 | $769M 10-K, 2026-09-03 | $728M 10-K, 2026-09-03 | $795M 10-K, 2025-09-10 | $708M 10-K, 2024-09-10 |
| Operating income | -$9.6M 10-K, 2026-09-03 | -$35.1M 10-K, 2026-09-03 | -$30.1M 10-K, 2026-09-03 | -$52.9M 10-K, 2025-09-10 | -$87.9M 10-K, 2024-09-10 |
| SG&A | $63.6M 10-K, 2026-09-03 | $71.2M 10-K, 2026-09-03 | $70.1M 10-K, 2026-09-03 | $68.2M 10-K, 2025-09-10 | $67.7M 10-K, 2024-09-10 |
| Net income | -$2.6M 10-K, 2026-09-03 | -$29.5M 10-K, 2026-09-03 | -$25.0M 10-K, 2026-09-03 | -$52.4M 10-K, 2025-09-10 | -$63.9M 10-K, 2024-09-10 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Shawn P. Payne President and CEO at Matrix Service Company | President and Chief Executive Officer | 10-K, 2026-09-03 |
| Dominic A. Savarino Senior Finance Executive; Chief Financial Officer | SVP & CFO | 3, 2026-11-06 |
| Andrew John Smith | Chief Financial Officer | 3, 2026-09-14 |
| Kevin S. Cavanah | Chief Financial Officer | 10-K, 2026-09-03 |
| Douglas J. Montalbano | President, Matrix North American Construction | DEF 14A, 2025-09-24 |
| David (James) Miller Vice President, General Counsel + Corporate Secretary | VP & General Counsel | 4, 2026-09-04 |
 Justin D. Sheets | SVP, Enterprise Services | 4, 2026-08-31 |
What Matrix Service Co does
We began operations in 1984 as an Oklahoma corporation under the name of Matrix Service. In 1989, we incorporated in the State of Delaware under the name of Matrix Service Company, and in 1990 we began trading on the NASDAQ exchange. We provide engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets. We maintain regional offices throughout the United States, Canada and other international locations, and operate through separate union and non-union subsidiaries.
Shares and governance
| Shares outstanding | 28.1 million (as of November 4, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $314M (as of June 30, 2026) | 10-K, September 3, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting November 3, 2026 (filed September 23, 2026) | DEF 14A, September 23, 2026 |
| Auditor | Deloitte & Touche LLP (Houston, Texas) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| June 15, 2026 | Kevin S. Cavanah VP Finance & CFO | Sale | 3,491 | $49K | Form 4, June 15, 2026 |
| June 12, 2026 | Justin D. Sheets SVP, Enterprise Services | Sale | 16,991 | $229K | Form 4, June 15, 2026 |
| June 5, 2026 | Kevin S. Cavanah VP Finance & CFO | Sale | 56,509 | $797K | Form 4, June 8, 2026 |
| May 26, 2026 | Kevin S. Cavanah VP Finance & CFO | Sale | 60,000 | $774K | Form 4, May 26, 2026 |
| May 8, 2026 | John R. Hewitt President & CEO | Sale | 36,000 | $450K | Form 4, May 12, 2026 |
| February 18, 2026 | Nancy E. Austin VP, Chief Admin Officer | Sale | 4,193 | $47K | Form 4, February 19, 2026 |
| November 25, 2025 | Shawn P. Payne President, Eng & Constr | Sale | 5,231 | $60K | Form 4, November 25, 2025 |
| November 20, 2025 | Shawn P. Payne President, Eng & Constr | Sale | 3,019 | $34K | Form 4, November 24, 2025 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-11-03
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-10-19
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-02
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-02
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-30
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Matrix Service Co
- What does Matrix Service Co do?
- In its own words, from Item 1 of its 10-K: "We began operations in 1984 as an Oklahoma corporation under the name of Matrix Service. In 1989, we incorporated in the State of Delaware under the name of Matrix Service Company, and in 1990 we began trading on the NASDAQ exchange. We provide engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets. We maintain regional offices throughout the United States, Canada and other international locations, and operate through separate union and non-union subsidiaries."
- What is Matrix Service Co's revenue?
- $874M for the fiscal year ending June 30, 2026, from its 10-K filed September 3, 2026.
- Is Matrix Service Co profitable?
- Matrix Service Co reported net income of -$2.6M for the fiscal year ending June 30, 2026.
- How many employees does Matrix Service Co have?
- About 2,370 as of June 30, 2026, as stated in its annual report.
- Who is the CEO of Matrix Service Co?
- Shawn P. Payne, President and Chief Executive Officer, as named in a 10-K filed September 3, 2026.
- Who is the CFO of Matrix Service Co?
- Dominic A. Savarino, SVP & CFO, as named in a 3 filed November 6, 2026.
- Where is Matrix Service Co headquartered?
- Tulsa, OK.
- What is Matrix Service Co's stock ticker?
- MTRX on Nasdaq.
- What industry is Matrix Service Co in?
- Construction - Special Trade Contractors, SIC code 1700.
- What is Matrix Service Co's website?
- matrixservicecompany.com.
- When does Matrix Service Co report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Matrix Service Co a public company?
- Yes. Matrix Service Co files with the SEC under CIK 0000866273 and trades as MTRX.
- Who audits Matrix Service Co?
- Deloitte & Touche LLP, Houston, Texas, as named in its latest annual report (10-K).
- How many shares of Matrix Service Co are outstanding?
- 28.1 million shares as of November 4, 2026, from its 10-Q filed November 5, 2026.
- What is Matrix Service Co's public float?
- $314M as of June 30, 2026, as reported on the cover of its 10-K filed September 3, 2026.
- How many business segments does Matrix Service Co report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is Matrix Service Co's annual shareholder meeting?
- November 3, 2026, per its proxy statement (DEF 14A) filed September 23, 2026.
- Have Matrix Service Co insiders traded stock recently?
- Since September 16, 2025, officers and directors reported 9 open-market sales worth about $2.5M and 1 purchase worth about $29K on Forms 4 and 5. The most recent: Kevin S. Cavanah (VP Finance & CFO) sold 3,491 shares on June 15, 2026.