Mastech Digital, Inc. (MHH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 41.08M | 45.46M | 48.5M | 49.1M | 48.32M | 50.75M | 51.84M | 49.53M | 46.82M | 46.05M | 47.78M | 52.2M | 55.06M | 57.22M | 63.15M | 62.12M | 59.76M | 59.05M | 59.53M | 53.66M |
| Revenue Growth % | -14.97% | -10.42% | -6.45% | -0.88% | 3.19% | 10.2% | 8.5% | -5.11% | -14.96% | -19.51% | -24.34% | -15.96% | -7.85% | -3.1% | 6.08% | 15.76% | 20.05% | 21.22% | 25.64% | 12.77% |
| Cost of Goods Sold | 30.06M | 32.58M | 35.69M | 35.28M | 35.42M | 36.03M | 37.07M | 35.55M | 34.69M | 34.71M | 35.21M | 38.56M | 41.58M | 43M | 46.86M | 45.37M | 43.82M | 43.34M | 42.91M | 39.34M |
| COGS % of Revenue | 73.16% | 71.66% | 73.58% | 71.85% | 73.32% | 71% | 71.51% | 71.78% | 74.09% | 75.37% | 73.7% | 73.86% | 75.52% | 75.15% | 74.21% | 73.04% | 73.34% | 73.4% | 72.08% | 73.32% |
| Gross Profit | 11.03M | 12.88M | 12.81M | 13.82M | 12.89M | 14.71M | 14.77M | 13.98M | 12.13M | 11.34M | 12.57M | 13.64M | 13.48M | 14.22M | 16.29M | 16.75M | 15.93M | 15.71M | 16.62M | 14.31M |
| Gross Margin % | 26.84% | 28.34% | 26.42% | 28.15% | 26.68% | 29% | 28.49% | 28.22% | 25.91% | 24.63% | 26.3% | 26.14% | 24.48% | 24.85% | 25.79% | 26.96% | 26.66% | 26.6% | 27.92% | 26.68% |
| Gross Profit Growth % | -14.48% | -12.45% | -13.27% | -1.14% | 6.27% | 29.72% | 17.55% | 2.46% | -10.02% | -20.21% | -22.85% | -18.52% | -15.38% | -9.47% | -2% | 16.98% | 24.43% | 20.12% | 26.97% | 13.11% |
| Operating Expenses | 10.97M | 11.88M | 11.99M | 13.79M | 14.74M | 14.65M | 12.33M | 12.29M | 12.54M | 18.27M | 12.62M | 16.47M | 12.95M | 12.23M | 12.93M | 13.2M | 12.63M | 10.25M | 11.64M | 9M |
| OpEx % of Revenue | 26.71% | 26.12% | 24.73% | 28.09% | 30.52% | 28.87% | 23.79% | 24.81% | 26.78% | 39.68% | 26.4% | 31.55% | 23.52% | 21.38% | 20.48% | 21.25% | 21.13% | 17.36% | 19.56% | 16.78% |
| Selling, General & Admin | 10.97M | 11.88M | 11.99M | 10.2M | 10.5M | 12.6M | 12.33M | 9.3M | 9.7M | 11.7M | 9.5M | 3.1M | 9.2M | 11.6M | 8.3M | 0 | 8.4M | 5.09M | 7.8M | 7.2M |
| SG&A % of Revenue | 26.71% | 26.12% | 24.73% | 20.78% | 21.73% | 24.83% | 23.79% | 18.77% | 20.72% | 25.41% | 19.88% | 5.94% | 16.71% | 20.27% | 13.14% | - | 14.06% | 8.62% | 13.1% | 13.42% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 631K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 51K | 1.01M | 820K | 27K | -1.85M | 65K | 2.44M | 1.69M | -406K | -6.93M | -49K | -2.83M | 532K | 1.99M | 3.36M | 3.55M | 3.31M | 5.46M | 4.97M | 5.31M |
| Operating Margin % | 0.12% | 2.22% | 1.69% | 0.06% | -3.84% | 0.13% | 4.71% | 3.42% | -0.87% | -15.05% | -0.1% | -5.42% | 0.97% | 3.47% | 5.32% | 5.71% | 5.53% | 9.24% | 8.36% | 9.9% |
| Operating Income Growth % | 102.75% | 1449.23% | -66.38% | -98.41% | -356.4% | 100.94% | 5077.55% | 159.87% | -176.32% | -448.77% | -101.46% | -179.71% | -83.91% | -63.57% | -32.52% | -33.2% | 76.94% | 76.2% | 17.97% | 46.96% |
| EBITDA | 854K | 1.01M | 1.67M | 868K | -1.02M | 894K | 3.3M | 2.6M | 492K | -6.02M | 868K | -1.82M | 1.55M | 2.93M | 4.48M | 4.66M | 4.33M | 6.45M | 5.96M | 6.31M |
| EBITDA Margin % | 2.08% | 2.22% | 3.44% | 1.77% | -2.11% | 1.76% | 6.37% | 5.25% | 1.05% | -13.07% | 1.82% | -3.48% | 2.81% | 5.12% | 7.09% | 7.5% | 7.24% | 10.92% | 10.02% | 11.76% |
| EBITDA Growth % | 183.64% | 12.64% | -49.52% | -66.62% | -307.52% | 114.86% | 280.65% | 243.17% | -68.18% | -305.32% | -80.63% | -139% | -64.27% | -54.56% | -24.87% | -26.21% | 50.98% | 57.86% | 17.5% | 40.79% |
| D&A (Non-Cash Add-back) | 803K | 0 | 848K | 841K | 832K | 829K | 865K | 907K | 898K | 912K | 917K | 1.01M | 1.01M | 944K | 1.12M | 1.11M | 1.02M | 995K | 988K | 999K |
| EBIT | 51K | 1.01M | 1.24M | 27K | -1.85M | 2.17M | 2.44M | 1.69M | -406K | 770K | -49K | 272K | 532K | 2.89M | 3.86M | 3.55M | 3.31M | 4.7M | 4.97M | 3.33M |
| Net Interest Income | 288K | 0 | 75K | 190K | 115K | 159K | 163K | 130K | 154K | 87K | 148K | 80K | 4K | -32K | -85K | -127K | -114K | -152K | -169K | -159K |
| Interest Income | 288K | 0 | 190K | 190K | 115K | 159K | 163K | 130K | 154K | 87K | 148K | 80K | 4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 115K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32K | 85K | 127K | 114K | 152K | 169K | 159K |
| Other Income/Expense | 606K | 372K | 415K | 183K | 91K | 260K | 133K | 116K | 124K | 44K | 203K | 50K | -53K | 284K | 0 | 68K | -60K | -113K | -235K | -144K |
| Pretax Income | 657K | 1.38M | 1.24M | 210K | -1.76M | 325K | 2.57M | 1.81M | -282K | -6.89M | 154K | -2.78M | 479K | 2.27M | 3.36M | 3.62M | 3.25M | 5.34M | 4.74M | 5.17M |
| Pretax Margin % | 1.6% | 3.03% | 2.55% | 0.43% | -3.65% | 0.64% | 4.96% | 3.65% | -0.6% | -14.95% | 0.32% | -5.32% | 0.87% | 3.97% | 5.32% | 5.82% | 5.43% | 9.05% | 7.96% | 9.63% |
| Income Tax | 393K | 407K | 294K | 75K | -323K | 28K | 697K | 418K | -121K | -1.53M | 29K | -605K | 218K | 733K | 951K | 1.18M | 915K | 1.46M | 1.33M | 1.43M |
| Effective Tax Rate % | 59.82% | 29.51% | 23.81% | 35.71% | 18.33% | 8.62% | 27.1% | 23.11% | 42.91% | 22.29% | 18.83% | 21.78% | 45.51% | 32.28% | 28.33% | 32.63% | 28.18% | 27.31% | 28.14% | 27.66% |
| Net Income | 264K | 972K | 941K | 135K | -1.44M | 297K | 1.88M | 1.39M | -161K | -5.35M | 125K | -2.17M | 261K | 1.54M | 2.41M | 2.44M | 2.33M | 3.88M | 3.41M | 3.74M |
| Net Margin % | 0.64% | 2.14% | 1.94% | 0.27% | -2.98% | 0.59% | 3.62% | 2.81% | -0.34% | -11.62% | 0.26% | -4.16% | 0.47% | 2.69% | 3.81% | 3.92% | 3.9% | 6.58% | 5.72% | 6.97% |
| Net Income Growth % | 118.35% | 227.27% | -49.81% | -90.29% | -793.79% | 105.55% | 1400% | 164.01% | -161.69% | -447.92% | -94.8% | -189.2% | -88.81% | -60.39% | -29.36% | -34.83% | 95.31% | 91.75% | 13.61% | 25.9% |
| Net Income (Continuing) | 264K | 972K | 941K | 135K | -1.44M | 297K | 1.88M | 1.39M | -161K | -5.35M | 125K | -2.17M | 261K | 1.54M | 2.41M | 2.44M | 2.33M | 3.88M | 3.41M | 3.74M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.02 | 0.08 | 0.08 | 0.01 | -0.12 | 0.02 | 0.16 | 0.12 | -0.01 | -0.46 | 0.01 | -0.19 | 0.02 | 0.13 | 0.20 | 0.20 | 0.19 | 0.32 | 0.28 | 0.31 |
| EPS Growth % | 118.5% | 236.89% | -50% | -90.58% | -763.31% | 105.3% | 1438.46% | 163.16% | -164.06% | -453.85% | -94.8% | -195% | -88.58% | -59.38% | -28.57% | -35.48% | 90% | 88.24% | 12% | 24% |
| EPS (Basic) | 0.02 | 0.08 | 0.08 | 0.01 | -0.12 | 0.03 | 0.16 | 0.12 | -0.01 | -0.46 | 0.01 | -0.19 | 0.02 | 0.13 | 0.21 | 0.21 | 0.20 | 0.34 | 0.30 | 0.33 |
| Diluted Shares Outstanding | 11.89M | 11.82M | 11.76M | 11.96M | 11.75M | 12.19M | 12.01M | 11.92M | 11.62M | 11.6M | 11.97M | 11.62M | 12.05M | 12.06M | 12.08M | 12.11M | 12.04M | 12.04M | 12.03M | 12M |
| Basic Shares Outstanding | 11.83M | 11.71M | 11.76M | 11.77M | 11.75M | 11.71M | 11.7M | 11.65M | 11.62M | 11.6M | 11.6M | 11.62M | 13.05M | 11.62M | 11.62M | 11.61M | 11.51M | 11.45M | 11.44M | 11.44M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |