Mastech Digital, Inc. (MHH) Income Statement
MHH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMHH revenue and net income
Where MHH's revenue goes
2025Each bar shows an amount and its share of revenue. MHH kept 0.3% of revenue as net income.
MHH profit margins
MHH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.8% | −7.6% | −0.3% | +4.5% |
| Gross profit | −4.6% | −5.7% | +0.6% | +8.3% |
| Operating income | −100.0% | −95.7% | −85.1% | −57.1% |
| Net income | −82.1% | −58.8% | −42.7% | −14.0% |
| EPS (diluted) | 0.0% | −14.6% | −9.5% | +8.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MHH quarterly EPS vs estimates
Mastech Digital beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.03).
MHH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.4M | $198.9M | $201.1M | $242.2M | $222.0M | $194.1M | $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 |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $47.7M | $23.1M | $23.7M | $20.8M | $18.5M | $22.7M | $22.4M | $32.2M | $27.5M | $21.8M |
| Total operating expenses | $53.1M | $51.8M | $60.3M | $51.0M | $41.8M | $38.1M | $31.0M | $30.9M | $27.5M | $21.8M |
| Operating income | $1,000 | $3.8M | −$9.3M | $12.2M | $17.6M | $13.4M | $17.0M | $11.6M | $4.1M | $4.5M |
| Interest income | $1.1M | $633,000 | $244,000 | $292,000 | $724,000 | $770,000 | $1.8M | $2.2M | $1.1M | $462,000 |
| Interest expense | — | $606,000 | $319,000 | $358,000 | $675,000 | $987,000 | $1.8M | $2.2M | $1.1M | $462,000 |
| Income before taxes | $1.1M | $4.4M | −$9.0M | $12.5M | $16.9M | $12.6M | $15.2M | $9.4M | $2.9M | $4.0M |
| Income taxes | $453,000 | $1.0M | −$1.9M | $3.8M | $4.7M | $2.8M | $4.1M | $2.7M | $1.3M | $1.5M |
| Net income | $609,000 | $3.4M | −$7.1M | $8.7M | $12.2M | $9.9M | $11.1M | $6.7M | $1.6M | $2.5M |
| EBITDA | $4.4M | $9.4M | −$5.4M | $17.8M | $18.8M | $17.6M | $14.2M | $14.8M | $6.0M | $5.5M |
| EPS (diluted) | $0.71 | $0.71 | $0.45 | $1.14 | $1.20 | $1.17 | $0.84 | $0.75 | $0.39 | $0.28 |
| Gross margin | 27.7% | 27.9% | 25.4% | 26.1% | 26.8% | 26.6% | 24.8% | 24.0% | 21.4% | 19.9% |
| Operating margin | 0.0% | 1.9% | −4.6% | 5.0% | 7.9% | 6.9% | 8.8% | 6.6% | 2.8% | 3.4% |
| Net margin | 0.3% | 1.7% | −3.5% | 3.6% | 5.5% | 5.1% | 5.8% | 3.8% | 1.1% | 1.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.4M | $41.1M | $45.5M | $48.5M | $49.1M | $48.3M | $50.7M | $51.8M | $49.5M | $46.8M | $46.1M | $47.8M |
| Cost of revenue | $29.4M | $30.1M | $32.6M | $35.7M | $35.3M | $35.4M | $36.0M | $37.1M | $35.6M | $34.7M | $34.7M | $35.2M |
| Gross profit | $12.0M | $11.0M | $12.9M | $12.8M | $13.8M | $12.9M | $14.7M | $14.8M | $14.0M | $12.1M | $11.3M | $12.6M |
| Sales, general & admin | $12.3M | $11.0M | $8.4M | $10.5M | $10.2M | $10.5M | $12.6M | $12.3M | $9.3M | $9.7M | $11.7M | $9.5M |
| Total operating expenses | $12.3M | $11.0M | $11.9M | $12.0M | $13.8M | $14.7M | $14.7M | $12.3M | $12.3M | $12.5M | $18.3M | $12.6M |
| Operating income | −$325,000 | $51,000 | $1.0M | $820,000 | $27,000 | −$1.9M | $65,000 | $2.4M | $1.7M | −$406,000 | −$6.9M | −$49,000 |
| Interest income | — | — | $372,000 | $415,000 | $183,000 | $91,000 | $260,000 | $133,000 | — | — | — | — |
| Interest expense | — | — | — | $115,000 | $190,000 | $115,000 | $322,000 | $163,000 | $130,000 | $154,000 | $38,000 | $148,000 |
| Income before taxes | −$2,000 | $657,000 | $1.4M | $1.2M | $210,000 | −$1.8M | $325,000 | $2.6M | $1.8M | −$282,000 | −$6.9M | $154,000 |
| Income taxes | $98,000 | $393,000 | $407,000 | $294,000 | $75,000 | −$323,000 | $28,000 | $697,000 | $418,000 | −$121,000 | −$1.5M | $29,000 |
| Net income | −$100,000 | $264,000 | $972,000 | $941,000 | $135,000 | −$1.4M | $297,000 | $1.9M | $1.4M | −$161,000 | −$5.4M | $125,000 |
| EBITDA | $804,000 | $1.5M | $2.2M | $2.1M | $1.1M | −$930,000 | $3.0M | $3.4M | $2.7M | $616,000 | $1.7M | $1.1M |
| EPS (diluted) | $0.03 | $0.11 | $0.21 | $0.29 | $0.15 | $0.06 | $0.23 | $0.23 | $0.19 | $0.06 | $0.11 | $0.11 |
| Gross margin | 29.0% | 26.8% | 28.3% | 26.4% | 28.1% | 26.7% | 29.0% | 28.5% | 28.2% | 25.9% | 24.6% | 26.3% |
| Operating margin | −0.8% | 0.1% | 2.2% | 1.7% | 0.1% | −3.8% | 0.1% | 4.7% | 3.4% | −0.9% | −15.0% | −0.1% |
| Net margin | −0.2% | 0.6% | 2.1% | 1.9% | 0.3% | −3.0% | 0.6% | 3.6% | 2.8% | −0.3% | −11.6% | 0.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MHH's financial statements (latest annual report filed March 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MHH financial results
In fiscal year 2025 (ended December 31, 2025), Mastech Digital reported revenue of $191.4 million, down 3.8% from the year before. It had net income of $0.6 million (down 82.1%), a net profit margin of 0.3%. Diluted earnings per share came to $0.71. Over five years revenue grew at an average rate of −0.3% a year.
See the MHH stock overview for the latest quote and news, or the MHH chart for price history and technical indicators.
MHH income statement FAQ
What is Mastech Digital's annual revenue?
Mastech Digital reported total revenue of $191.4 million for fiscal year 2025, which ended on December 31, 2025. That was down 3.8% from $198.9 million the previous year.
Is Mastech Digital profitable?
Yes. Mastech Digital reported net income of $0.6 million in fiscal 2025, a net profit margin of 0.3%; its operating margin was 0.0%.
What is Mastech Digital's gross margin?
Mastech Digital's gross margin was 27.7% in fiscal 2025: for every $100 of revenue, Mastech Digital kept $28 after the direct cost of its products and services.
How fast is Mastech Digital growing?
Revenue grew −0.3% a year on average over the last five fiscal years, from $194.1 million to $191.4 million.
What are Mastech Digital's earnings per share?
Mastech Digital earned $0.71 per diluted share in fiscal 2025, compared with $0.71 a year earlier.
When will Mastech Digital report its next earnings?
Mastech Digital is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 before the market opens.
When does Mastech Digital's fiscal year end?
Mastech Digital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 18, 2026.