Filing Flows › Mastech Digital (MHH) › Q1 2026
Mastech Digital (MHH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Mastech Digital (MHH) reported revenue of $41.1M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -10% from the quarter before. Operating margin was 0.1%, net earnings $264K (0.6% of revenue).
Mastech Digital, Q1 2026: revenue $41.1M (-15% year over year), operating margin 0.1%, net earnings $264K, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.1M | -10% | -15% |
| Gross profit | $11.0M | -14% | -14% |
| Operating profit | $51K | -95% | — |
| Net earnings | $264K | -73% | — |
| Operating cash flow | −$3.2M | -172% | — |
What changed
Revenue was $41.1M in Q1 2026, down 15% year over year and down 10% from the previous quarter. IT Staffing Services was the largest line at 69% of revenue. IT Staffing Services lost $3.8M year over year (down 12%), 53% of the total change.
Gross margin was 26.8%, up 0.2 points from Q1 2025. Operating profit was $51K, a 0.1% margin (up 4.0 points year over year). Operating expenses fell 26% while revenue fell 15%. Net earnings were $264K. The effective tax rate was 59.8%. Non-operating items added $606K, 92% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.2M. Non-cash charges added back $803K of depreciation and amortization and $750K of share-based compensation. Working capital and other items used $5.0M. Capital expenditures of $66K exceeded it, leaving free cash flow of −$3.2M.
Questions
What was Mastech Digital's revenue in the first quarter 2026?
Mastech Digital (MHH) reported revenue of $41.1M for the first quarter 2026 (Q1 2026), -15% from a year earlier and -10% from the quarter before.
Was Mastech Digital profitable in the first quarter 2026?
Operating profit was $51K (0.1% of revenue) and net earnings $264K.
Source: Mastech Digital 10-Q on SEC EDGAR.