Context-free path queries (CFPQ) extend the regular path queries (RPQ) by allowing context-free grammars to be used as constraints for paths. Algorithms for CFPQ are actively developed, but J. Kuijpers et al. have recently concluded, that existing algorithms are not performant enough to be used in real-world applications. Thus the development of new algorithms for CFPQ is justified. In this paper, we provide a new CFPQ algorithm which is based on such linear algebra operations as Kronecker product and transitive closure and handles grammars presented as recursive state machines. Thus, the proposed algorithm can be implemented by using high-performance libraries and modern parallel hardware. Moreover, it avoids grammar growth which provides the possibility for queries optimization.