Matrix Service Company · NASDAQ:MTRX
Matrix Service — Q3 2026 Earnings Presentation
22 slides from Matrix Service's earnings presentation, May 7, 2026
Slide 1: Investor Presentation Q3 FY26 Results
INVESTOR PRESENTATION Q3 FY26 Results | May 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as “anticipate,” “continues,” “expect,” “forecast,”
Slide 3: Investor Conferences and Investor Corporate Access
Investor Conferences Investor Corporate Access May 20-21, 2026 Patrick Roberts, Director of Corporate Sidoti Micro-Cap Development and Investor Relations Conference Virtual T • 918 359-8249 E • ir@matrixservicecompany.com June 2-3, 2026 Stifel Cross Sector Insights Conference Boston, Massachusetts J
Slide 4: Investing in MTRX
Investing in MTRX • Experienced EPC heavy industrial contractor of scale with a 40+ year track record supporting energy, power, and industrial infrastructure customers • Provider of end-to-end services across entire asset life-cycle with niche capabilities in cryogenic storage for LNG, NGLs, and che
Slide 5: Business Overview
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Slide 6: Who we are
Who we are Balanced Exposure Across Growing Energy & Infrastructure Markets (TTM revenue by segment(2)) Leading heavy industrial contractor Storage & Terminal Solutions. We engineer, construct, and maintain critical energy, power, 49% Storage tanks and terminals: of TTM revenue • Specialty vessels i
Slide 7: Full lifecycle solutions to support multi-year investments in core end-markets
Full lifecycle solutions to support multi-year investments in core end-markets Storage & Terminal Solutions Utility & Power Infrastructure Process & Industrial Facilities End Market Exposure End Market Exposure End Market Exposure Storage Tanks & Terminals Power Power LNG Peak Downstream Mining & Mi
Slide 8: Long-term value creation
Long-term value creation Deliver Performance Drive Capabilities Build high-quality Deliver Targeted Disciplined Capital Excellence Expansion project pipeline Margin Performance Allocation Culture of safety Expand solutions set Multi-year visibility Improved operating leverage Maximize total return O
Slide 9: Robust opportunity pipeline
Robust opportunity pipeline Opportunity pipeline As of March 31, 2026 Opportunity pipeline driven by robust infrastructure investment Utility investment in LNG infrastructure 36% Significant new development activity in mining and minerals Strong investment in domestic energy, $6.9B power, and indust
Slide 10: Strategic Roadmap
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Slide 11: Our strategic framework
Our strategic framework Underpinned by our core values, we are focused on consistently winning, executing, and delivering better than anyone else WIN. EXECUTE. Build backlog and grow market share Safe, reliable, high-quality execution and DELIVER. within both existing and new high-value Sustainable
Slide 12: Return-centric capital allocation
Return-centric capital allocation INVESTING IN GROWTH AND CREATING SHAREHOLDER VALUE Balancing organic and Deliver organic and inorganic growth through investment in expanded inorganic investment while service offerings and geographic footprint maintaining a strong balance sheet Core service offerin
Slide 13: Q3 FY26 Performance
Q3 FY26 PERFORMANCE
Slide 14: Project awards of $108M and strong $1.03B backlog provide multi-year visibility
Project awards of $108M and strong $1.03B backlog provide multi-year visibility to profitable growth Our diversified end-markets Q3 FY26 ($M) FY 2026E are anchored by longstanding Project Awards Backlog REVENUE GUIDANCE $870-$890* customer relationships $747.3 $46.6 $37.5 $108M $1.03B Q3 Project Awa
Slide 15: Financial performance
Financial performance Q3 Q2FY26 FY26| HIGHLIGHTS Highlights Company updates fiscal 2026 revenue guidance to $870M to $890M REVENUE • Revenue increased 3% compared to the prior year, attributable to higher revenue $206.7 Million volumes in the Storage + Terminal Solutions segment, partially offset by
Slide 16: Investment summary
Investment summary Key Catalysts Proven end to end EPC heavy industrial KEY LONG-TERM FINANCIAL TARGETS contractor with full lifecycle expertise Less than Less than Track record of excellence with deep base of recurring energy, power, and industrial 6% 6.5% NET WORKING CAPITAL* SG&A MARGIN* clients
Slide 17: Disciplined balance sheet management
Disciplined balance sheet management FORTIFIED BALANCE SHEET TO SUPPORT WORKING CAPITAL NEEDS AND INVEST IN LONG-TERM GROWTH Capital Allocation Priorities Liquidity ($MM) $297.2 $284.5 • Maximize balance sheet $257.6 $247.1 $248.9 flexibility to support project working capital needs $211.7 • Strateg
Slide 18: Investor Conferences and Investor Corporate Access
Investor Conferences Investor Corporate Access May 20-21, 2026 Patrick Roberts, Director of Corporate Sidoti Micro-Cap Development and Investor Relations Conference Virtual T • 918 359-8249 E • ir@matrixservicecompany.com June 2-3, 2026 Stifel Cross Sector Insights Conference Boston, Massachusetts J
Slide 19: Appendix
APPENDIX
Slide 20: Quarterly results | Consolidated
Quarterly results | Consolidated (In thousands except %) Q3 FY26 Q3 FY25 VARIANCE Results transitioned to profitable Revenue $ 206,709 $ 200,161 $ 6,548 performance in Q3: Storage and Terminal Solutions 111,621 96,054 15,567 • Storage and Terminal Solutions revenue increased Utility and Power Infras
Slide 21: Adjusted net income (loss)
Adjusted net income (loss) (In thousands except per share amounts) Q3 FY26 Q3 FY25 YTD Q3 FY26 YTD Q3 FY25 Net Income (Loss), as reported $ 835 $ (3,434) $ (3,722) $ (18,190) Restructuring costs 2,986 124 6,536 124 Tax impact of adjustments _ _ _ _ Adjusted Net Income (Loss) $ 3,821 $ (3,310) $ 2,81
Slide 22: Adjusted EBITDA
Adjusted EBITDA (In thousands) Q3 FY26 Q3 FY25 YTD Q3 FY26 YTD Q3 FY25 Net Income (Loss), as reported $ 835 $ (3,434) $ (3,722) $ (18,190) Interest expense 85 134 330 368 Interest income (2,190) (1,518) (5,535) (4,668) Provision (benefit) for federal, state and foreign income 35 _ 267 16 taxes Depre
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