Mastech Digital, Inc. (MHH)

Mastech Digital Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	196.66	198.94	201.1	242.24	222.01	194.1
Revenue Growth (YoY)	1.24%	-1.07%	-16.98%	9.11%	14.38%	0.27%
Cost of Revenue	141.77	143.35	150.06	179.06	162.57	142.56
Gross Profit	54.89	55.6	51.04	63.18	59.44	51.54
Selling, General & Admin	47.03	47.01	49.81	46.58	41.38	34.7
Amortization of Goodwill & Intangibles	2.6	2.7	2.8	3	3.2	2.8
Other Operating Expenses	-	-	-	-	-	-0.01
Operating Expenses	49.63	49.71	52.61	49.58	44.58	37.49
Operating Income	5.26	5.89	-1.58	13.6	14.87	14.05
Interest Expense	-	-	-	-0.36	-0.68	-0.87
Interest & Investment Income	0.73	0.61	0.32	-	-	-
Currency Exchange Gain (Loss)	0.22	0.03	-0.08	0.65	-0.05	0.1
Other Non Operating Income (Expenses)	-1.6	-	-	-0.4	-	-
EBT Excluding Unusual Items	4.61	6.52	-1.33	13.49	14.14	13.28
Merger & Restructuring Charges	-4.6	-2.1	-2.4	-1	-0.14	-0.65
Impairment of Goodwill	-	-	-5.3	-	-	-
Other Unusual Items	-	-	-	-	2.88	-
Pretax Income	0.01	4.42	-9.03	12.49	16.89	12.63
Income Tax Expense	0.07	1.02	-1.89	3.78	4.67	2.77
Net Income	-0.07	3.4	-7.14	8.71	12.22	9.86
Net Income to Common	-0.07	3.4	-7.14	8.71	12.22	9.86
Net Income Growth	-	-	-	-28.71%	23.93%	-11.52%
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	12	12
Shares Change (YoY)	0.94%	3.45%	-3.84%	0.58%	0.48%	6.39%
EPS (Basic)	-0.01	0.29	-0.61	0.75	1.07	0.87
EPS (Diluted)	-0.01	0.28	-0.61	0.72	1.02	0.83
EPS Growth	-	-	-	-29.41%	22.89%	-16.16%
Free Cash Flow	10.35	6.25	15.64	11.78	3.32	20.93
Free Cash Flow Per Share	0.88	0.52	1.35	0.97	0.28	1.75
Gross Margin	27.91%	27.95%	25.38%	26.08%	26.77%	26.55%
Operating Margin	2.67%	2.96%	-0.78%	5.61%	6.70%	7.24%
Profit Margin	-0.03%	1.71%	-3.55%	3.60%	5.50%	5.08%
Free Cash Flow Margin	5.26%	3.14%	7.78%	4.86%	1.50%	10.79%
EBITDA	8.61	9.39	2.28	17.79	18.85	17.64
EBITDA Margin	4.38%	4.72%	1.13%	7.35%	8.49%	9.09%
D&A For EBITDA	3.35	3.5	3.86	4.2	3.98	3.59
EBIT	5.26	5.89	-1.58	13.6	14.87	14.05
EBIT Margin	2.67%	2.96%	-0.78%	5.61%	6.70%	7.24%
Effective Tax Rate	925.00%	23.10%	-	30.25%	27.63%	21.94%

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q