Filing Flows › Mastech Digital (MHH) › Q3 2025
Mastech Digital (MHH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Mastech Digital (MHH) reported revenue of $48.5M for the third quarter 2025 (Q3 2025), -6% from a year earlier and -1% from the quarter before. Operating margin was 1.7%, net earnings $941K (1.9% of revenue).
Mastech Digital, Q3 2025: revenue $48.5M (-6% year over year), operating margin 1.7%, net earnings $941K, operating cash flow $6.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $48.5M | -1% | -6% |
| Gross profit | $13.5M | -3% | -9% |
| Operating profit | $820K | 30× | -66% |
| Net earnings | $941K | +597% | -50% |
| Operating cash flow | $6.5M | +100% | +96% |
| Free cash flow | $6.3M | +98% | +95% |
What changed
Revenue was $48.5M in Q3 2025, down 6% year over year and down 1% from the previous quarter. IT Staffing Services was the largest line at 84% of revenue. IT Staffing Services lost $1.9M year over year (down 4%), 55% of the total change.
Gross margin was 27.8%, down 0.7 points from a year earlier. Operating profit was $820K, a 1.7% margin (down 3.0 points year over year). Operating expenses grew 3% against a revenue fall of 6%. Net earnings were $941K, down 50% year over year. The effective tax rate was 23.8%. Non-operating items added $415K, 34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $6.5M (up 96% year over year), 686% of net earnings. Non-cash charges added back $848K of depreciation and amortization and $729K of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $182K left free cash flow of $6.3M.
Questions
What was Mastech Digital's revenue in the third quarter 2025?
Mastech Digital (MHH) reported revenue of $48.5M for the third quarter 2025 (Q3 2025), -6% from a year earlier and -1% from the quarter before.
Was Mastech Digital profitable in the third quarter 2025?
Operating profit was $820K (1.7% of revenue) and net earnings $941K.
Source: Mastech Digital 10-Q on SEC EDGAR.