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Matrix Service Company reiterates $875M-$925M revenue guidance for fiscal 2026 as backlog holds at $1.2B
John Hewitt, CEO, reported strong execution to start fiscal 2026, highlighting "double-digit revenue growth and our highest quarterly gross margin in over 2 years." He attributed the results to ...
When a backlog becomes overloaded, execution collapses. The backlog stops being a planning tool and becomes a liability that ...
Hewitt projected fiscal year 2026 revenue between $875 million and $925 million, noting "at the midpoint of our guidance, approximately 85% of expected fiscal 2026 revenue is supported by backlog ...
Matrix Service’s backlog has shown consistent growth, with a compound annual growth rate (CAGR) of 33%. The company noted that approximately 85% of its projected FY2026 revenue is already booked, ...
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