Matrix IT (MTRX) Q2 2025 earnings summary

Executive summary

• Achieved record profit for Q2 and H1 2025, with steady growth in revenues and profits year-over-year.

• Growth driven by expanded IT solutions, consulting, cloud, and recent acquisitions.

• Maintained leadership in Israeli IT market and expanded presence in the US.

Financial highlights

• Q2 2025 revenue rose 8.9% to NIS 1.45B; H1 revenue up 7.6% to NIS 3B year-over-year.

• Q2 operating profit grew 13.9% to NIS 126.7M; H1 operating profit up 13.9% to NIS 252.7M.

• Q2 net profit increased 4.4% to NIS 76.3M; H1 net profit up 8.5% to NIS 156.9M year-over-year.

• Q2 EBITDA reached NIS 176.1M (up 13.6%); H1 EBITDA at NIS 351.7M (up 12.5%).

• Cash flow from operations in H1 2025 rose 46% to NIS 137.1M; LTM cash flow up 21.8%.

Outlook and guidance

• Ongoing growth expected from new US contracts and expansion of existing projects.

• Anticipates further strengthening from the planned Magic merger, pending approval in Q4 2025.