Saturday 17 October 2026 Export MHH’s income statement to Excel — free account

Mastech Digital, Inc

MHH Industrials Staffing & Employment Services

Mastech Digital, Inc’s revenue for fiscal 2025 (year ended December 2025) was $191.4 million, down 3.81% from fiscal 2024. In the quarter to June 2026, revenue fell 15.6%, EPS fell 200.0% and free cash flow fell 33.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

6.35 0.07 −1.09%

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Market cap: $77.1M
P/E: 37.4×
Fwd P/E: −161×
Dividend yield: —
F-score: 5/9
Altman Z: 5.11
Beneish M: −3.10
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.20

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	1	1	—	3	—	—	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 70.28%

Capital & Financial Ratios $m

Market Cap 77.12

Revenue 176.49

Net Income 2.08

Free Cash Flow 9.49

Net Debt (35.60)

Current Ratio 4.10

Debt/Equity 0.00

P/E ratio 37.35

Fwd P/E (161.00)

P/S ratio 0.43

P/B ratio 0.83

Past 5Y EPS Growth (42.99%)

This Y EPS Growth (54.86%)

Next Y EPS Growth 196.92%

Next Y revenue growth (13.26%)

Next 5Y EPS Growth 12.47%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 82.53%

10-year low 10-year high

P/S against its own 10 years 35.16%

10-year low 10-year high

P/B against its own 10 years 1.44%

10-year low 10-year high

EV/Sales against its own 10 years 2.36%

10-year low 10-year high

EV/FCF against its own 10 years 5.99%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	21	28	37	36
Receivables	30	31	26	28
Inventory	—	—	—	—
Other	—	—	—	—
	56	66	69	69

	2023	2024	2025	Q'26
Payables	5	5	3	3
ST’ Debt	—	—	—	—
Other	—	—	—	—
	20	21	21	17

Compound Annual Growth %

	10y	5y	3y
Sales	4.48%	(0.28%)	(7.56%)
Cash Flow	13.91%	(12.11%)	(4.07%)
Earnings	(14.00%)	(42.70%)	(58.81%)
Book Value	18.91%	8.45%	1.26%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	41	41	—	—	—
’25	48	49	48	45	191
’24	47	50	52	51	199
’23	55	52	48	46	201
’22	60	62	63	57	242
’21	50	54	60	59	222
’20	50	48	47	49	194

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(3)	2	—	—	—
’25	(3)	3	6	4	11
’24	(1)	1	3	4	7
’23	3	10	(3)	5	16
’22	2	0	6	5	13
’21	1	(1)	2	3	5
’20	3	9	5	4	21

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(3)	2	—	—	—
’25	(3)	3	6	4	11
’24	(2)	1	3	4	6
’23	3	10	(3)	5	16
’22	1	0	6	5	12
’21	1	(1)	1	2	3
’20	3	9	5	4	21

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.02	(0.01)	—	—	—
’25	(0.12)	0.01	0.08	0.08	0.05
’24	(0.01)	0.12	0.16	0.02	0.28
’23	0.02	(0.19)	0.01	(0.46)	(0.61)
’22	0.19	0.20	0.20	0.13	0.72
’21	0.10	0.31	0.28	0.32	1.02
’20	0.16	0.25	0.25	0.17	0.83

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	3.13	2.91	4.71	4.51	7.25	14.00	10.77	7.50	7.15	6.20	Analyst estimates 2026–2028 Powerpack
	High	4.18	7.04	11.49	11.48	29.98	20.60	21.83	14.16	16.00	15.74
People
People	Employees	825	1,530	1,500	1,565	1,510	1,155	1,695	1,397	1,525	1,288
	Revenue/emp, $m	0.16	0.10	0.12	0.12	0.13	0.19	0.14	0.14	0.13	0.15
Income, $m
Income, $m	Revenue	132	148	177	194	194	222	242	201	199	191
	Gross margin, %	19.92	21.39	24.00	24.79	26.55	26.78	26.08	25.38	27.95	27.72
	EBT	4	3	9	15	13	17	12	(9)	4	1
	EBT margin, %	3.05	1.99	5.31	7.86	6.51	7.61	5.16	(4.49)	2.22	0.55
	Net income	3	2	7	11	10	12	9	(7)	3	1
	Depreciation	1	2	3	4	4	4	4	4	5	4
Per share, $
Per share, $	Revenue	15.02	14.90	16.18	17.55	17.19	19.41	20.90	17.32	17.05	16.29
	Earnings	0.29	0.17	0.61	1.01	0.87	1.07	0.75	(0.61)	0.29	0.05
	Cash flow	0.26	0.34	(0.04)	1.46	1.88	0.46	1.09	1.38	0.62	0.95
	Capex	(0.01)	(0.11)	(0.07)	(0.09)	(0.03)	(0.16)	(0.07)	(0.03)	(0.08)	(0.03)
	Free cash flow	0.25	0.22	(0.11)	1.37	1.85	0.29	1.02	1.35	0.54	0.92
	Book value	2.17	2.74	3.13	4.20	5.27	6.51	7.42	7.01	7.49	7.60
	Shares, m	9	10	11	11	11	11	12	12	12	12
Valuation, ×
Valuation, ×	P/E	12.29	31.13	10.24	10.96	18.28	15.95	15.37	0.00	50.32	139.60
	P/S	0.23	0.33	0.39	0.63	0.93	0.88	0.55	0.47	0.87	0.43
	P/B	1.62	1.82	2.01	2.64	3.02	2.62	1.55	1.16	1.99	0.92
	EV/Sales	0.30	0.58	0.60	0.75	0.97	0.91	0.55	0.40	0.77	0.28
	EV/FCF	18.58	38.33	(85.66)	9.58	9.04	60.55	11.36	5.17	24.54	4.90
Cash, $m
Cash, $m	Operating cash flow	2	3	0	16	21	5	13	16	7	11
	Capex	0	(1)	(1)	(1)	0	(2)	(1)	0	(1)	0
	Free cash flow	2	2	(1)	15	21	3	12	16	6	11
Balance, $m
Balance, $m	Working capital	10	15	23	18	19	27	34	37	46	48
	Total debt	10	38	39	25	17	13	1	—	—	—
	Net debt	9	36	37	22	10	6	(6)	(21)	(28)	(37)
	Shareholders’ equity	19	27	34	46	60	74	86	81	87	89
Returns, %
Returns, %	ROA	6.47	2.36	7.00	12.17	10.24	11.31	7.82	(6.67)	3.14	0.55
	ROIC	10.02	4.06	10.14	15.49	12.12	13.60	9.52	(9.61)	3.97	0.00
	ROE	14.45	7.04	21.78	27.67	18.64	18.25	10.86	(8.53)	4.03	0.69

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HHR HeadHunter Group PLC Sponsored ADR	$761.1M	6.5×	7.9×	+4.60% (above 0%: growing)	n/m	+41.15% (above 0%: growing)	56.09%	51.95%	Compare
KELYB Kelly Services, Inc.	$659.7M	— (loss-making)	—	−5.77% (below 0%: shrinking)	−40.38% (below 0%: shrinking)	−48.93% (below 0%: shrinking)	20.42%	1.55%	Compare
KELYA Kelly Services, Inc.	$558.1M	— (loss-making)	19.2×	−5.77% (below 0%: shrinking)	−40.38% (below 0%: shrinking)	−48.93% (below 0%: shrinking)	20.42%	1.55%	Compare
TBI TrueBlue, Inc.	$260.0M	— (loss-making)	— (loss-making)	+11.78% (above 0%: growing)	n/m	−49.23% (below 0%: shrinking)	20.67%	(0.26%)	Compare
HQI HireQuest, Inc.	$243.3M	30.3×	25.2×	+6.04% (above 0%: growing)	+150.00% (above 0%: growing)	−37.48% (below 0%: shrinking)	100.00%	41.28%	Compare
MHH Mastech Digital, Inc	$77.1M	37.4×	— (loss-making)	−15.58% (below 0%: shrinking)	n/m	−33.11% (below 0%: shrinking)	28.95%	(0.78%)
BGSF BGSF, Inc.	$46.5M	— (loss-making)	— (loss-making)	−5.08% (below 0%: shrinking)	n/m	−110.71% (below 0%: shrinking)	35.49%	(5.33%)	Compare
CIRC Circle8 Group, Inc.	$37.4M	— (loss-making)	—	+210.80% (above 0%: growing)	n/m	+59.31% (above 0%: growing)	7.44%	(4.81%)	Compare
JOB GEE Group Inc.	$22.8M	— (loss-making)	5.7×	−15.32% (below 0%: shrinking)	n/m	+94.57% (above 0%: growing)	39.88%	1.82%	Compare
Median of peers	$251.6M	—	13.5×	−0.24%	−40.38%	−43.21%	28.08%	1.55%

All 19 Staffing & Employment Services stocks →

Mastech Digital, Inc (MHH) key facts

Concern: Mastech Digital, Inc’s revenue for fiscal 2025 (year ended December 2025) was $191.4 million, down 3.81% from fiscal 2024.
Mastech Digital, Inc (MHH) is a Staffing & Employment Services company in the Industrials sector, listed on NYSE American.
As of October 16, 2026, MHH traded at $6.35, a market capitalization of $77.1 million.
Return on equity was 0.69% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 5.11 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.