Mastech Digital, Inc.MHHEarnings & Financial Report
Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.
Revenue
$49.1M
Gross Profit
$13.8M
Operating Profit
$27.0K
Net Profit
$135.0K
Gross Margin
28.1%
Operating Margin
0.1%
Net Margin
0.3%
YoY Growth
-0.9%
EPS
$0.01
Mastech Digital, Inc. Q2 FY2025 Financial Summary
Mastech Digital, Inc. reported revenue of $49.1M (down 0.9% YoY) for Q2 FY2025, with a net profit of $135.0K (down 90.3% YoY) (0.3% margin). Cost of goods sold was $35.3M, operating expenses totaled $13.8M.
Key Financial Metrics
| Total Revenue | $49.1M |
|---|---|
| Net Profit | $135.0K |
| Gross Margin | 28.1% |
| Operating Margin | 0.1% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Mastech Digital, Inc. Q2 FY2025 revenue of $49.1M breaks down across 2 segments, led by IT Staffing Services at $40.5M (82.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| IT Staffing Services | $40.5M | 82.5% |
| Data And Analytics Services | $8.6M | 17.5% |
Mastech Digital, Inc. Revenue by Segment — Quarterly Trend
Mastech Digital, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as IT Staffing Services and Data And Analytics Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| IT Staffing Services | $37.6M | $40.6M | $40.5M | $39.4M |
| Data And Analytics Services | $7.8M | $7.9M | $8.6M | $9.0M |
Mastech Digital, Inc. Annual Revenue by Year
Mastech Digital, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $191.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $191.4M |
| 2024 | $198.9M |
| 2023 | $201.1M |
| 2022 | $242.2M |
Mastech Digital, Inc. Quarterly Revenue & Net Profit History
Mastech Digital, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $45.5M | -10.4% | $972.0K | 2.1% |
| Q3 FY2025 | $48.5M | -6.4% | $941.0K | 1.9% |
| Q2 FY2025 | $49.1M | -0.9% | $135.0K | 0.3% |
| Q1 FY2025 | $48.3M | +3.2% | $-1.4M | -3.0% |
| Q4 FY2024 | $50.7M | +10.2% | $297.0K | 0.6% |
| Q3 FY2024 | $51.8M | +8.5% | $1.9M | 3.6% |
| Q2 FY2024 | $49.5M | -5.1% | $1.4M | 2.8% |
| Q1 FY2024 | $46.8M | -15.0% | $-161.0K | -0.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.8M | $49.5M | $51.8M | $50.7M | $48.3M | $49.1M | $48.5M | $45.5M |
| YoY Growth | -15.0% | -5.1% | 8.5% | 10.2% | 3.2% | -0.9% | -6.4% | -10.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $106.1M | $107.5M | $111.5M | $111.5M | $110.1M | $110.4M | $112.6M | $111.8M |
| Liabilities | $24.3M | $23.5M | $25.0M | $24.1M | $23.1M | $22.6M | $24.6M | $22.5M |
| Equity | $81.7M | $84.0M | $86.5M | $87.4M | $86.9M | $87.8M | $88.0M | $89.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.3M | $1.2M | $3.3M | $4.0M | $-3.0M | $3.3M | $6.5M | $4.4M |