Filing Flows › Mastech Digital (MHH) › Q4 2025
Mastech Digital (MHH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 18, 2026
Mastech Digital (MHH) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -6% from the quarter before. Operating margin was 2.2%, net earnings $972K (2.1% of revenue).
Mastech Digital, Q4 2025: revenue $45.5M (-10% year over year), operating margin 2.2%, net earnings $972K, operating cash flow $4.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.5M | -6% | -10% |
| Gross profit | $12.9M | -4% | -12% |
| Operating profit | $1.0M | +23% | 15× |
| Net earnings | $972K | +3% | +227% |
| Operating cash flow | $4.4M | -32% | +8% |
| Free cash flow | $4.4M | -31% | +11% |
What changed
Revenue was $45.5M in Q4 2025, down 10% year over year and down 6% from the previous quarter. IT Staffing Services was the largest line at 83% of revenue.
Gross margin was 28.3%, down 0.7 points from a year earlier. Operating profit was $1.0M, a 2.2% margin (up 2.1 points year over year). Operating expenses fell 19% while revenue fell 10%. Net earnings were $1.0M, up 227% year over year. The effective tax rate was 29.5%. Non-operating items added $372K, 27% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $4.4M (up 8% year over year), 450% of net earnings. Non-cash charges added back $803K of depreciation and amortization and $780K of share-based compensation. Working capital and other items added $1.8M. Capital expenditures of $25K left free cash flow of $4.4M.
Questions
What was Mastech Digital's revenue in the fourth quarter 2025?
Mastech Digital (MHH) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -6% from the quarter before.
Was Mastech Digital profitable in the fourth quarter 2025?
Operating profit was $1.0M (2.2% of revenue) and net earnings $972K.
Source: Mastech Digital 10-K on SEC EDGAR.