Mastech Digital, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $191.4M | $198.9M | $201.1M | $242.2M | $222.0M |
| Cost of revenue | $138.3M | $143.3M | $150.1M | $179.1M | $162.6M |
| Gross profit | $53.1M | $55.6M | $51.0M | $63.2M | $59.4M |
| Selling, general & administrative | $53.1M | $51.8M | $60.3M | $51.0M | — |
| Operating expenses | — | $9.4M | $9.9M | $13.3M | $41.8M |
| Operating income | $1,000 | $3.8M | -$9.3M | $12.2M | $17.6M |
| Pretax income | $1.1M | $4.4M | -$9.0M | $12.5M | $16.9M |
| Income tax expense | $453,000 | $1.0M | -$1.9M | $3.8M | $4.7M |
| Net income | $609,000 | $3.4M | -$7.1M | $8.7M | $12.2M |
| Balance Sheet | |||||
| Cash and equivalents | $36.5M | $27.7M | $21.1M | $7.1M | $6.6M |
| Current assets | $68.6M | $66.2M | $56.5M | $53.2M | $53.9M |
| Total assets | $111.8M | $111.5M | $105.2M | $108.9M | $114.1M |
| Current liabilities | $21.1M | $20.6M | $19.9M | $19.6M | $26.8M |
| Total liabilities | $22.5M | $24.1M | $23.8M | $22.9M | $39.6M |
| Stockholders' equity | $89.3M | $87.4M | $81.4M | $86.0M | $74.4M |
| Cash Flow Statement | |||||
| Cash from operations | $11.1M | $7.2M | $16.0M | $12.6M | $5.2M |
| Depreciation and amortization | $3.3M | $3.5M | $3.9M | $4.2M | $4.0M |
| Stock-based compensation | $3.1M | $2.2M | $3.1M | $2.2M | $2.2M |
| Capital expenditure | $376,000 | $941,000 | $335,000 | $835,000 | $1.9M |
| Free cash flow | $10.8M | $6.3M | $15.6M | $11.8M | $3.3M |
| Share repurchases | $2.2M | $80,000 | $618,000 | $0 | $0 |
| Impairments | $0 | $0 | $5.3M | $0 | $0 |
Shares outstanding 12.0M · Free float 30.8%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.