Matrix Service Company — Fiscal 2027 First Quarter Earnings Summary

Matrix Service Company reported fiscal 2027 first-quarter revenue of $219.4 million, representing an increase from the prior year period. The company achieved net income of $6.2 million, or $0.22 per diluted share, marking a return to profitability after a net loss in the same quarter of the previous year. Adjusted EBITDA for the quarter rose to $7.7 million, driven by improved gross margins in the Storage and Terminal Solutions segment and cost reductions in SG&A expenses. As of September 30, 2026, the company maintained a total backlog of $872.6 million and held $221.8 million in liquidity with no outstanding debt.