$MTRX
MATRIX SERVICE CO Stock $mtrx

$mtrx Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000086627324000119 Filed on November 07, 2024

Income Statement

Concept	2024 Q4	2024 Q3
Revenue		$165.6M
YoY Change		-16.23%
Cost Of Revenue		$157.8M
YoY Change		-15.09%
Gross Profit		$7.813M
YoY Change		-34.12%
Gross Profit Margin		4.72%
Selling, General & Admin		$18.58M
YoY Change		8.57%
% of Gross Profit		237.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization		$2.515M
YoY Change		-13.6%
% of Gross Profit		32.19%
Operating Expenses		$18.58M
YoY Change		8.57%
Operating Profit		-$10.77M
YoY Change		104.93%
Interest Expense		$89.00K
YoY Change		-72.62%
% of Operating Profit
Other Income/Expense, Net		$61.00K
YoY Change		-97.3%
Pretax Income		-$9.223M
YoY Change		191.22%
Income Tax		$0.00
% Of Pretax Income
Net Earnings		-$9.223M
YoY Change		191.22%
Net Earnings / Revenue		-5.57%
Basic Earnings Per Share		-$0.33
Diluted Earnings Per Share		-$0.33
COMMON SHARES
Basic Shares Outstanding	27.55M shares	27.55M shares
Diluted Shares Outstanding		27.56M shares

Balance Sheet

Concept	2024 Q4	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments		$124.6M
YoY Change		354.78%
Cash & Equivalents		$124.6M
Short-Term Investments
Other Short-Term Assets		$12.24M
YoY Change		278.24%
Inventory		$7.508M
Prepaid Expenses		$12.24M
Receivables		$132.5M
Other Receivables		$180.0K
Total Short-Term Assets		$308.9M
YoY Change		26.05%
LONG-TERM ASSETS
Property, Plant & Equipment		$43.25M
YoY Change		-3.95%
Goodwill		$29.08M
YoY Change		0.08%
Intangibles		$1.377M
YoY Change		-47.74%
Long-Term Investments
YoY Change
Other Assets		$43.41M
YoY Change		191.88%
Total Long-Term Assets		$161.3M
YoY Change		17.51%
TOTAL ASSETS
Total Short-Term Assets		$308.9M
Total Long-Term Assets		$161.3M
Total Assets		$470.2M
YoY Change		22.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$61.67M
YoY Change		-16.77%
Accrued Expenses		$25.87M
YoY Change		6.9%
Deferred Revenue		$204.6M
YoY Change		179.78%
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities		$292.2M
YoY Change		70.44%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change		-100.0%
Other Long-Term Liabilities		$2.315M
YoY Change		30.35%
Total Long-Term Liabilities		$2.315M
YoY Change		30.35%
TOTAL LIABILITIES
Total Short-Term Liabilities		$292.2M
Total Long-Term Liabilities		$2.315M
Total Liabilities		$313.6M
YoY Change		54.38%
SHAREHOLDERS EQUITY
Retained Earnings		$24.72M
YoY Change		-55.66%
Common Stock		$279.0K
YoY Change		0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)		$3.146M
YoY Change		-57.33%
Treasury Stock Shares
Shareholders Equity		$156.5M
YoY Change
Total Liabilities & Shareholders Equity		$470.2M
YoY Change		22.99%

Cashflow Statement

Concept	2024 Q4	2024 Q3
OPERATING ACTIVITIES
Net Income		-$9.223M
YoY Change		191.22%
Depreciation, Depletion And Amortization		$2.515M
YoY Change		-13.6%
Cash From Operating Activities		$11.92M
YoY Change		-141.27%
INVESTING ACTIVITIES
Capital Expenditures		$1.944M
YoY Change		306.69%
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change		-100.0%
Cash From Investing Activities		-$1.944M
YoY Change		-190.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-$1.189M
YoY Change		189.29%
NET CHANGE
Cash From Operating Activities		$11.92M
Cash From Investing Activities		-$1.944M
Cash From Financing Activities		-$1.189M
Net Change In Cash		$8.995M
YoY Change		-132.77%
FREE CASH FLOW
Cash From Operating Activities		$11.92M
Capital Expenditures		$1.944M
Free Cash Flow		$9.974M
YoY Change		-133.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q3	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024Q3	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	73-1352174
CY2024Q3	dei	Entity Address Address Line1 EntityAddressAddressLine1	15 East 5th Street, Suite 1100
CY2024Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2025
CY2024Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q3	dei	Entity Central Index Key EntityCentralIndexKey	0000866273
CY2024Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2024Q3	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q3	us-gaap	Revenues Revenues	165579000	usd
CY2024Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	157766000	usd
CY2023Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	185800000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	7813000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	11859000	usd
CY2024Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18580000	usd
CY2024Q3	dei	Document Type DocumentType	10-Q
CY2024Q3	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q3	dei	Entity Address City Or Town EntityAddressCityOrTown	Tulsa
CY2024Q3	dei	Entity Address State Or Province EntityAddressStateOrProvince	OK
CY2024Q3	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	74103
CY2024Q3	dei	City Area Code CityAreaCode	918
CY2024Q3	dei	Security12b Title Security12bTitle	Common Stock, par value $0.01 per share
CY2024Q3	dei	Trading Symbol TradingSymbol	MTRX
CY2024Q3	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q3	dei	Entity Small Business EntitySmallBusiness	false
CY2024Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q3	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27554879	shares
CY2023Q3	us-gaap	Revenues Revenues	197659000	usd
CY2024Q3	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q3	dei	Document Period End Date DocumentPeriodEndDate	2024-09-30
CY2024Q3	dei	Entity File Number EntityFileNumber	1-15461
CY2024Q3	dei	Entity Registrant Name EntityRegistrantName	MATRIX SERVICE CO
CY2024Q3	dei	Amendment Flag AmendmentFlag	false
CY2024Q3	dei	Local Phone Number LocalPhoneNumber	838-8822
CY2024Q3	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	17113000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-10767000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-5254000	usd
CY2024Q3	us-gaap	Interest Expense InterestExpense	89000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	325000	usd
CY2024Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	1572000	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	150000	usd
CY2024Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	61000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2262000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-9223000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3167000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-9223000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-3167000	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.33
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.33
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27559000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27113000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27559000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27113000	shares
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-9223000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-3167000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	436000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-538000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8787000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3705000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	124610000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	115615000	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	132541000	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	132541000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	138987000	usd
CY2024Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	31818000	usd
CY2024Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	33893000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	7508000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	8839000	usd
CY2024Q3	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	180000	usd
CY2024Q2	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	180000	usd
CY2024Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	12236000	usd
CY2024Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	4077000	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	308893000	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	301591000	usd
CY2024Q3	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	25000000	usd
CY2024Q2	us-gaap	Restricted Cash Noncurrent RestrictedCashNoncurrent	25000000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	43247000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	43498000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19155000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	19150000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	29077000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	29023000	usd
CY2024Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1377000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1651000	usd
CY2024Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	43408000	usd
CY2024Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	31438000	usd
CY2024Q3	us-gaap	Assets Assets	470157000	usd
CY2024Q2	us-gaap	Assets Assets	451351000	usd
CY2024Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	61668000	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	65629000	usd
CY2024Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	204612000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	171308000	usd
CY2024Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	13910000	usd
CY2024Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	15878000	usd
CY2024Q3	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	4932000	usd
CY2024Q2	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	4605000	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3782000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	3739000	usd
CY2024Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3247000	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	3956000	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	292151000	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	265115000	usd
CY2024Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	25000	usd
CY2024Q2	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	25000	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	19149000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	19156000	usd
CY2024Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2315000	usd
CY2024Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2873000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	313640000	usd
CY2024Q2	us-gaap	Liabilities Liabilities	287169000	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27888217	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27888217	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27550202	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27308795	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	279000	usd
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	279000	usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	143765000	usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	145580000	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	24718000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	33941000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-9099000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-9535000	usd
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	338015	shares
CY2024Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	579422	shares
CY2024Q3	us-gaap	Treasury Stock Value TreasuryStockValue	3146000	usd
CY2024Q2	us-gaap	Treasury Stock Value TreasuryStockValue	6083000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	156517000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	164182000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	470157000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	451351000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-9223000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-3167000	usd
CY2024Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2515000	usd
CY2023Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2911000	usd
CY2024Q3	us-gaap	Share Based Compensation ShareBasedCompensation	2311000	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	1755000	usd
CY2024Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-68000	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	2366000	usd
CY2024Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-38000	usd
CY2023Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-72000	usd
CY2024Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5110000	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	6543000	usd
CY2024Q3	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-2075000	usd
CY2023Q3	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-2519000	usd
CY2024Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1331000	usd
CY2023Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1716000	usd
CY2024Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8580000	usd
CY2023Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	7669000	usd
CY2024Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-3903000	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-2173000	usd
CY2024Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	33304000	usd
CY2023Q3	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-12303000	usd
CY2024Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2908000	usd
CY2023Q3	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-195000	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11918000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-28875000	usd
CY2024Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1944000	usd
CY2023Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	478000	usd
CY2024Q3	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	2618000	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1944000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2140000	usd
CY2024Q3	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	46000	usd
CY2023Q3	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	45000	usd
CY2024Q3	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	1235000	usd
CY2023Q3	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	456000	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1189000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-411000	usd
CY2024Q3	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	210000	usd
CY2023Q3	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-307000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8995000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-27453000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	140615000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	79812000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	149610000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52359000	usd
CY2024Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-27000	usd
CY2024Q3	us-gaap	Interest Paid Net InterestPaidNet	145000	usd
CY2023Q3	us-gaap	Interest Paid Net InterestPaidNet	389000	usd
CY2024Q3	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	197000	usd
CY2023Q3	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	6000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	164182000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	-9223000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	436000	usd
CY2024Q3	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	0	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	46000	usd
CY2024Q3	mtrx	Other Treasury Share Purchases OtherTreasurySharePurchases	-1235000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2311000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	156517000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	181484000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-3167000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-538000	usd
CY2023Q3	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	0	usd
CY2023Q3	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	45000	usd
CY2023Q3	mtrx	Other Treasury Share Purchases OtherTreasurySharePurchases	-456000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1755000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	179123000	usd
CY2024Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1100000000	usd
CY2024Q3	mtrx	Performanceobligationstoberecognizedasrevenuewithinnexttwelvemonths Performanceobligationstoberecognizedasrevenuewithinnexttwelvemonths	591200000	usd
CY2024Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	31818000	usd
CY2024Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	33893000	usd
CY2024Q3	mtrx	Changein Cie ChangeinCIE	-2075000	usd
CY2024Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	204612000	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	171308000	usd
CY2024Q3	mtrx	Changein Bie ChangeinBIE	-33304000	usd
CY2024Q3	mtrx	Contractwithcustomercurrentliabilitynet Contractwithcustomercurrentliabilitynet	-172794000	usd
CY2024Q2	mtrx	Contractwithcustomercurrentliabilitynet Contractwithcustomercurrentliabilitynet	-137415000	usd
CY2024Q3	mtrx	Changeinnetcontractbalances Changeinnetcontractbalances	-35379000	usd
CY2024Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	81000000.0	usd
CY2024Q3	us-gaap	Construction Contractor Receivable Retainage Year One ConstructionContractorReceivableRetainageYearOne	11900000	usd
CY2024Q2	us-gaap	Construction Contractor Receivable Retainage Year One ConstructionContractorReceivableRetainageYearOne	11600000	usd
CY2024Q3	us-gaap	Construction Contractor Receivable Retainage After Year One ConstructionContractorReceivableRetainageAfterYearOne	40300000	usd
CY2024Q2	us-gaap	Construction Contractor Receivable Retainage After Year One ConstructionContractorReceivableRetainageAfterYearOne	28600000	usd
CY2024Q3	us-gaap	Unapproved Change Orders Amount UnapprovedChangeOrdersAmount	9300000	usd
CY2024Q2	us-gaap	Unapproved Change Orders Amount UnapprovedChangeOrdersAmount	9900000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	165579000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	197659000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	165579000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	197659000	usd
CY2024Q3	us-gaap	Line Of Credit Facility Initiation Date1 LineOfCreditFacilityInitiationDate1	2021-09-09
CY2024Q3	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	90000000	usd
CY2024Q3	us-gaap	Compensating Balance Amount CompensatingBalanceAmount	25000000	usd
CY2024Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	61400000	usd
CY2024Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	4800000	usd
CY2024Q3	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	56600000	usd
CY2024Q3	mtrx	Asset Backed Credit Facility Adjusted Term Sofr One Month Add On AssetBackedCreditFacilityAdjustedTermSOFROneMonthAddOn	11.448
CY2024Q3	mtrx	Asset Backed Credit Facility Adjusted Term Sofr Three Month Add On AssetBackedCreditFacilityAdjustedTermSOFRThreeMonthAddOn	26.161
CY2024Q3	mtrx	Asset Backed Credit Facility Federal Funds Rate Addition AssetBackedCreditFacilityFederalFundsRateAddition	0.0050	rate
CY2024Q3	mtrx	Asset Backed Credit Facility Adjusted Term Sofr Rate Minimum AssetBackedCreditFacilityAdjustedTermSOFRRateMinimum	0.0100	rate
CY2024Q3	mtrx	Alternate Base Rate Margin AlternateBaseRateMargin	0.0100	rate
CY2024Q3	mtrx	Line Of Credit Basis Spread On Alternate Base Rate Minimum LineOfCreditBasisSpreadOnAlternateBaseRateMinimum	0.0100	rate
CY2024Q3	mtrx	Line Of Credit Basis Spread On Alternate Base Rate Maximum LineOfCreditBasisSpreadOnAlternateBaseRateMaximum	0.0150	rate
CY2024Q3	mtrx	Additional Margin On Adjusted Term Sofr Minimum AdditionalMarginOnAdjustedTermSOFRMinimum	0.0200	rate
CY2024Q3	mtrx	Additional Margin On Adjusted Term Sofr Maximum AdditionalMarginOnAdjustedTermSOFRMaximum	0.0250	rate
CY2024Q3	us-gaap	Line Of Credit Facility Unused Capacity Commitment Fee Percentage LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage	0.0025	rate
CY2024Q3	mtrx	Mtrx Asset Backed Lineof Credit Balance Limitfor Fixed Charge Coverage Ratio MtrxAssetBackedLineofCreditBalanceLimitforFixedChargeCoverageRatio	15000000	usd
CY2024Q3	mtrx	Mtrx Asset Backed Lineof Credit Percentage Limitfor Fixed Charge Coverage Ratio MtrxAssetBackedLineofCreditPercentageLimitforFixedChargeCoverageRatio	0.1500
CY2024Q3	mtrx	Asset Backed Credit Facility Fixed Charge Coverage Ratio Requirement Minimum AssetBackedCreditFacilityFixedChargeCoverageRatioRequirementMinimum	1.00
CY2024Q3	mtrx	Asset Backed Credit Facility Fixed Charge Coverage Ratio Requirement Maximum AssetBackedCreditFacilityFixedChargeCoverageRatioRequirementMaximum	1.00
CY2024Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2024Q3	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	1300000	usd
CY2023Q3	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	200000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-9223000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-3167000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27559000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27113000	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.33
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-9223000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-3167000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27559000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27113000	shares
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.33
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2024Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	631000	shares
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	231000	shares
CY2024Q3	us-gaap	Revenues Revenues	165579000	usd
CY2024Q3	us-gaap	Cost Of Revenue CostOfRevenue	157766000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	7813000	usd
CY2024Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	18580000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-10767000	usd
CY2023Q3	us-gaap	Revenues Revenues	197659000	usd
CY2023Q3	us-gaap	Cost Of Revenue CostOfRevenue	185800000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	11859000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	17113000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-5254000	usd
CY2024Q3	us-gaap	Assets Assets	470157000	usd
CY2024Q2	us-gaap	Assets Assets	451351000	usd

Files In Submission

Name	View Source	Status
0000866273-24-000119-index-headers.html	Edgar Link	pending
0000866273-24-000119-index.html	Edgar Link	pending
0000866273-24-000119.txt	Edgar Link	pending
0000866273-24-000119-xbrl.zip	Edgar Link	pending
exhibit311-mtrxx2024x09x30x.htm	Edgar Link	pending
exhibit312-mtrxx2024x09x30x.htm	Edgar Link	pending
exhibit321-mtrxx2024x09x30x.htm	Edgar Link	pending
exhibit322-mtrxx2024x09x30x.htm	Edgar Link	pending
exhibit95-mtrxx2024x09x30x.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
mtrx-20240930.htm	Edgar Link	pending
mtrx-20240930.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R12.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
mtrx-20240930_def.xml	Edgar Link	unprocessable
mtrx-20240930_lab.xml	Edgar Link	unprocessable
mtrx-20240930_pre.xml	Edgar Link	unprocessable
mtrx-20240930_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
mtrx-20240930_cal.xml	Edgar Link	unprocessable

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$MTRX
MATRIX SERVICE CO Stock $mtrx

2024 Q4 Form 10-Q Financial Statement

#000086627324000119 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRX MATRIX SERVICE CO Stock $mtrx

2024 Q4 Form 10-Q Financial Statement

#000086627324000119 Filed on November 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRX
MATRIX SERVICE CO Stock $mtrx