Matrix Service sees FY26 revenue $875M-$925M, consensus $945.47M

“Looking ahead, we see fiscal 2026 as a year of sustained growth and earnings improvement,” said Hewitt. “We expect revenue growth to be approximately 17% at the midpoint of our guided range in fiscal 2026 supported by our robust backlog of multi-year projects which represents 85% of this midpoint. We anticipate continued strong project execution and operating leverage as we move through fiscal 2026. Additionally, while near-term project award timing may continue to be impacted by macroeconomic uncertainty, the bidding environment remains strong supported by a robust long-term opportunity pipeline.”