Mastech Digital, Inc. (MHH) Financial Statements (2026 and earlier)

Company Profile

Business Address 1305 CHERRINGTON PARKWAY
MOON TOWNSHIP, PA 15108
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 8742 - Management Consulting Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments36,53327,74221,1477,0576,6227,677
Cash and cash equivalent36,53327,74221,1477,0576,6227,677
Receivables20,64823,84522,55633,60334,15322,036
Other undisclosed current assets11,39514,61812,76012,51413,13011,444
Total current assets:68,57666,20556,46353,17453,90541,157
Noncurrent Assets
Operating lease, right-of-use asset2,5343,8325,1063,8864,8943,286
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization1,5571,9981,9132,6653,0381,971
Intangible asset, including goodwill, after accumulated amortization34,96537,51840,21148,28351,27054,440
Goodwill27,21027,21027,21032,51032,51032,510
Intangible asset, excluding goodwill, after accumulated amortization7,75510,30813,00115,77318,76021,930
Deposits noncurrent assets530444457578595396
Deferred income tax assets2,5831,298793  796
Other undisclosed noncurrent assets1,095189284293  
Total noncurrent assets:43,26445,27948,76455,70559,79760,889
TOTAL ASSETS:111,840111,484105,227108,879113,702102,046
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities19,74018,98317,95116,74620,42116,014
Employee-related liabilities✕✕✕✕✕14,24012,374
Accounts payable3,4514,6834,6594,4754,9542,589
Accrued liabilities16,28914,30013,29212,2711,2271,051
Deferred revenue41329684207544478
Debt    1,1004,4004,400
Other undisclosed current liabilities1,2831,2651,2361,5041,4791,079
Total current liabilities:21,06420,57719,87119,55726,84421,971
Noncurrent Liabilities
Long-term debt and lease obligation     12,04015,200
Long-term debt, excluding current maturities     8,33412,875
Liabilities, other than long-term debt1,1382,4863,9123,3193903,047
Accounts payable and accrued liabilities   69105125165
Deferred income tax liabilities    920265 
Operating lease, liability1,1382,4863,8432,2943,7062,325
Business combination, contingent consideration, liability      2,882
Other undisclosed noncurrent liabilities330987   2,295
Total noncurrent liabilities:1,4683,4733,9123,31912,43020,542
Total liabilities:22,53224,05023,78322,87639,27442,513
Equity
Equity, attributable to parent, including:89,30887,43481,44486,00374,42859,533
Common stock137135133133131130
Treasury stock, value(7,131)(4,885)(4,805)(4,187)(4,187)(4,187)
Additional paid in capital42,51538,27735,34532,05928,25025,509
Deferred compensation equity(1,000)     
Accumulated other comprehensive loss(2,640)(1,910)(1,644)(1,555)(607)(539)
Retained earnings56,42755,81752,41559,55350,84138,620
Other undisclosed equity, attributable to parent1,000     
Total equity:89,30887,43481,44486,00374,42859,533
TOTAL LIABILITIES AND EQUITY:111,840111,484105,227108,879113,702102,046

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues191,371198,943201,098242,238222,012194,101
Cost of revenue(138,315)(143,346)(150,062)(179,055)(162,568)(142,562)
Gross profit:53,05655,59751,03663,18359,44451,539
Operating expenses(53,055) (60,311)(50,984)(41,834)(38,136)
Other undisclosed operating income (loss) (51,806)    
Operating income (loss):13,791(9,275)12,19917,61013,403
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		21727(75)650(49)96
Interest and debt expense      (284)
Income (loss) from continuing operations before equity method investments, income taxes:2183,818(9,350)12,84917,56113,215
Other undisclosed income (loss) from continuing operations before income taxes844606319(358)(675)(582)
Income (loss) from continuing operations before income taxes:1,0624,424(9,031)12,49116,88612,633
Income tax expense (benefit)(453)(1,022)1,893(3,779)(4,665)(2,772)
Income (loss) from continuing operations:6093,402(7,138)8,71212,2219,861
Income before gain (loss) on sale of properties:✕✕✕✕✕12,2219,861
Net income (loss) available to common stockholders, diluted:6093,402(7,138)8,71212,2219,861

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):6093,402(7,138)8,71212,2219,861
Other comprehensive loss(730)(266)(89)(948)(68)(181)
Comprehensive income (loss), net of tax, attributable to parent:(121)3,136(7,227)7,76412,1539,680

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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