Mastech Digital, Inc. MHH

Industrials SIC 8742 - Services-Management Consulting Services NAICS Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Management Consulting Services › Administrative Management and General Management Consulting Services derived NYSE

Mastech Digital, Inc. (referred to in this report as "Mastech Digital", "Mastech", the "Company", "us", "our" or "we") is a provider of Digital Transformation IT Services. The Company offers data and analytics solutions; digital learning; and IT staffing services for both digital and mainstream technologies. Headquartered near Pittsburgh, Pennsylvania, we have approximately 1,500 consultants that provide services across a broad spectrum of industry verticals. We do not sell, lease or otherwise market computer software or hardware and essentially 100% of our revenue is derived from the sale of data and analytics, IT staffing and Digital Transformation services through our two reportable segments, Data and Analytics Services and IT Staffing Services.

Last close 6.36 2026-10-23
Market cap $76.4M 2026-06-30 share count
52-week range 5.50 - 8.37

Valuation FY2025 figures against the last close

P/S0.4x
P/E127.2x
P/FCF7.1x
EV/EBITDA23.0x
Dividend yield—
Diluted EPS0.05

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $191.4M$198.9M$201.1M$242.2M$222.0M$222.0M$193.6M$177.2M$147.9M$132.0M
Cost of revenue $138.3M$143.3M$150.1M$179.1M$162.6M$142.6M$145.6M$134.6M$116.3M$105.7M
Gross profit $53.1M$55.6M$51.0M$63.2M$59.4M$51.5M$48.0M$42.5M$31.6M$26.3M
SG&A $53.1M$51.8M$60.3M$51.0M————$27.5M$21.8M
Total operating expenses —$9.4M$9.9M$13.3M$41.8M$38.1M$31.0M$30.9M$27.5M$21.8M
Operating income $1.0K$3.8M-$9.3M$12.2M$17.6M$13.4M$17.0M$11.6M$4.1M$4.5M
Pre-tax income $1.1M$4.4M-$9.0M$12.5M$16.9M$12.6M$15.2M$9.4M$2.9M$4.0M
Income tax $453.0K$1.0M$1.9M$3.8M$4.7M$2.8M$4.1M$2.7M$1.3M$1.5M
Net income $609$3.4K-$7.1K$8.7M$12.2M$9.9M$11.1M$6.7M$1.6M$2.5M
EPS, basic 0.050.29-0.610.751.070.871.010.610.160.29
EPS, diluted 0.050.28-0.610.721.020.830.990.600.160.28
Shares, diluted (wtd. avg.) 11.9M12.0M11.6M12.1M12.0M11.9M11.2M11.2M10.0M9.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $36.5M$27.7M$21.1M$7.1M$6.6M$7.7M$3.0M$1.3M$2.5M$829.0K
Receivables $20.6M$23.8M$22.6M$33.6M$34.2M$22.0M$22.3M$28.9M$22.9M$17.9M
Total current assets $68.6M$66.2M$56.5M$53.2M$53.9M$41.2M$36.9M$40.7M$34.7M$22.7M
Property, plant and equipment $1.6M$2.0M$1.9M$2.7M$3.0M$2.0M$2.5M$2.2M$1.9M$558.0K
Goodwill $27.2M$27.2M$27.2M$32.5M$32.5M$6.4M$26.1M$26.1M$35.8M$8.4M
Other intangibles $7.8M$10.3M$13.0M$15.8M$18.8M$21.9M$20.1M$22.7M$25.5M$7.3M
Total assets $111.8M$111.5M$105.2M$108.9M$114.1M$102.0M$90.6M$92.6M$98.6M$39.4M
Accounts payable $3.5M$4.7M$4.7M$4.5M$5.0M$2.6M$4.0M$4.1M$5.0M$2.0M
Short-term debt ——$0$1.1M$4.4M$4.4M$4.6M$4.6M$4.0M$1.8M
Total current liabilities $21.1M$20.6M$19.9M$19.6M$26.8M$22.0M$19.1M$17.9M$20.1M$12.3M
Long-term debt ———$0$8.7M$12.9M$20.7M$34.1M$34.1M$8.1M
Total liabilities $22.5M$24.1M$23.8M$22.9M$39.6M$42.5M$44.3M$58.3M$71.5M$20.3M
Retained earnings $56.4M$55.8M$52.4M$59.6M$50.8M$38.6M$28.8M$17.6M$10.9M$9.3M
Total equity $89.3M$87.4M$81.4M$86.0M$74.4M$59.5M$46.3M$34.3M$27.2M$19.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $11.1M$7.2M$16.0M$12.6M$5.2M$21.2M$16.1M-$471.0K$3.3M$2.3M
Depreciation and amortisation $3.3M$3.5M$3.9M$4.2M$4.0M$3.6M$3.4M$3.2M$1.9M$1.0M
Stock-based compensation $3.1M$2.2M$3.1M$2.2M$2.2M$2.0M$936.0K$470.0K$381.0K$408.0K
Capital expenditure $376.0K$941.0K$335.0K$835.0K$1.9M$298.0K$1.0M$771.0K$1.1M$105.0K
Investing cash flow -$486.0K-$941.0K-$216.0K-$818.0K-$2.1M-$9.6M-$879.0K-$1.1M-$35.9M-$38.0K
Financing cash flow -$1.1M$654.0K-$1.6M-$10.4M-$4.1M-$6.7M-$13.4M$550.0K$34.2M-$2.3M
Buybacks $2.2M$80.0K$618.0K———$13.0K$20.0K$20.0K$13.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-149074.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M Revenue, FY2016: 132M Gross profit, FY2016: 26.3M Net income, FY2016: 2.5M Revenue, FY2017: 147.9M Gross profit, FY2017: 31.6M Net income, FY2017: 1.6M Revenue, FY2018: 177.2M Gross profit, FY2018: 42.5M Net income, FY2018: 6.7M Revenue, FY2019: 193.6M Gross profit, FY2019: 48M Net income, FY2019: 11.1M Revenue, FY2020: 222M Gross profit, FY2020: 51.5M Net income, FY2020: 9.9M Revenue, FY2021: 222M Gross profit, FY2021: 59.4M Net income, FY2021: 12.2M Revenue, FY2022: 242.2M Gross profit, FY2022: 63.2M Net income, FY2022: 8.7M Revenue, FY2023: 201.1M Gross profit, FY2023: 51M Net income, FY2023: -7.1K Revenue, FY2024: 198.9M Gross profit, FY2024: 55.6M Net income, FY2024: 3.4K Revenue, FY2025: 191.4M Gross profit, FY2025: 53.1M Net income, FY2025: 609 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $132.0M $147.9M $177.2M $193.6M $222.0M $222.0M $242.2M $201.1M $198.9M $191.4M
Gross profit $26.3M $31.6M $42.5M $48.0M $51.5M $59.4M $63.2M $51.0M $55.6M $53.1M
Net income $2.5M $1.6M $6.7M $11.1M $9.9M $12.2M $8.7M -$7.1K $3.4K $609

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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