"The Matrix Reloaded" and "The Matrix Revolutions" were both released in 2003 to capitalize on the popularity of the franchise and to provide a continuous narrative experience. The decision allowed the Wachowskis to present the story as a cohesive whole, with "Reloaded" setting up events that culminated in "Revolutions." Releasing them in the same year also aimed to maintain audience engagement and excitement, ensuring that fans did not have to wait long to see the conclusion of the trilogy.

"The Matrix Resurrections" faced several challenges that contributed to its underperformance. Critics noted a lack of the groundbreaking innovation and philosophical depth that defined the original trilogy. The film's narrative was considered confusing and lacked the action intensity fans expected. Additionally, the release during the COVID-19 pandemic affected box office turnout, as many viewers opted for streaming. Lastly, some longtime fans felt the film didn't resonate with the original trilogy's themes, leading to mixed reviews and diminished audience interest.

"The Matrix Reloaded," released in 2003, received mixed to positive reviews from critics and audiences. Many praised its innovative action sequences, visual effects, and philosophical themes, expanding on the original film's concepts of reality, choice, and control. However, some viewers found the plot complex and less cohesive than the first installment. Overall, it is considered a significant entry in the sci-fi genre, though opinions on its execution vary. Fans of the original "Matrix" often appreciate its ambition and depth.

Laurence Fishburne did not reprise his role as Morpheus in "The Matrix Resurrections" (Matrix 4) due to creative decisions by the filmmakers. The character of Morpheus is reimagined in the sequel, portrayed by Yahya Abdul-Mateen II, who plays a different version of Morpheus. Fishburne has mentioned in interviews that he was not invited to return for the project, and while he expressed disappointment, he respected the direction the filmmakers chose to take.