EdgarLookup

Mastech Digital, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that Mastech Digital, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
0.3%
Profit Margin
Net income ÷ revenue
0.5%
Return on Assets
Net income ÷ assets
0.25x
Debt-to-Equity
Total liabilities ÷ equity
-3.8%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $191.37M Mar 18, 2026
FY2025 Dec 31, 2024 $198.94M Mar 18, 2026
FY2025 Dec 31, 2023 $201.10M Mar 18, 2026
FY2024 Dec 31, 2022 $242.24M Mar 14, 2025
FY2023 Dec 31, 2021 $222.01M Mar 15, 2024
FY2020 Dec 31, 2020 $48.71M Mar 16, 2021
FY2020 Sep 30, 2020 $47.38M Mar 16, 2021
FY2020 Jun 30, 2020 $47.58M Mar 16, 2021
FY2020 Mar 31, 2020 $50.43M Mar 16, 2021
FY2020 Dec 31, 2019 $50.36M Mar 16, 2021

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $191.37M Mar 18, 2026
FY2025 Dec 31, 2024 $198.94M Mar 18, 2026
FY2025 Dec 31, 2023 $201.10M Mar 18, 2026
FY2024 Dec 31, 2022 $242.24M Mar 14, 2025
FY2022 Dec 31, 2021 $222.01M Mar 27, 2023
FY2023 Dec 31, 2020 $222.01M Mar 15, 2024
FY2021 Dec 31, 2019 $193.57M Mar 14, 2022
FY2020 Dec 31, 2018 $177.16M Mar 16, 2021
FY2019 Dec 31, 2017 $147.88M Mar 30, 2020

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $53.06M Mar 18, 2026
FY2025 Dec 31, 2024 $55.60M Mar 18, 2026
FY2025 Dec 31, 2023 $51.04M Mar 18, 2026
FY2024 Dec 31, 2022 $63.18M Mar 14, 2025
FY2023 Dec 31, 2021 $59.44M Mar 15, 2024
FY2020 Dec 31, 2020 $13.07M Mar 16, 2021
FY2020 Sep 30, 2020 $13.09M Mar 16, 2021
FY2020 Jun 30, 2020 $12.66M Mar 16, 2021
FY2020 Mar 31, 2020 $12.72M Mar 16, 2021
FY2020 Dec 31, 2019 $12.76M Mar 16, 2021

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $609.0K Mar 18, 2026
FY2025 Dec 31, 2024 $3.40M Mar 18, 2026
FY2025 Dec 31, 2023 ($7.14M) Mar 18, 2026
FY2024 Dec 31, 2022 $8.71M Mar 14, 2025
FY2023 Dec 31, 2021 $12.22M Mar 15, 2024
FY2020 Dec 31, 2020 $2.03M Mar 16, 2021
FY2020 Sep 30, 2020 $3.00M Mar 16, 2021
FY2020 Jun 30, 2020 $2.97M Mar 16, 2021
FY2020 Mar 31, 2020 $1.87M Mar 16, 2021
FY2020 Dec 31, 2019 $2.27M Mar 16, 2021

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $1.0K Mar 18, 2026
FY2025 Dec 31, 2024 $3.79M Mar 18, 2026
FY2025 Dec 31, 2023 ($9.28M) Mar 18, 2026
FY2024 Dec 31, 2022 $12.20M Mar 14, 2025
FY2023 Dec 31, 2021 $17.61M Mar 15, 2024
FY2022 Dec 31, 2020 $13.40M Mar 27, 2023
FY2021 Dec 31, 2019 $16.99M Mar 14, 2022
FY2020 Dec 31, 2018 $11.63M Mar 16, 2021
FY2019 Dec 31, 2017 $4.08M Mar 30, 2020
FY2018 Dec 31, 2016 $4.51M Mar 29, 2019

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $53.06M Mar 18, 2026
FY2025 Dec 31, 2024 $51.81M Mar 18, 2026
FY2025 Dec 31, 2023 $60.31M Mar 18, 2026
FY2024 Dec 31, 2022 $50.98M Mar 14, 2025
FY2017 Dec 31, 2017 $27.55M Mar 23, 2018
FY2017 Dec 31, 2016 $21.79M Mar 23, 2018
FY2017 Dec 31, 2015 $19.12M Mar 23, 2018
FY2016 Dec 31, 2014 $15.25M Mar 24, 2017
FY2015 Dec 31, 2013 $14.82M Mar 25, 2016
FY2014 Dec 31, 2012 $13.79M Mar 20, 2015

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $11.14M Mar 18, 2026
FY2025 Dec 31, 2024 $7.19M Mar 18, 2026
FY2025 Dec 31, 2023 $15.98M Mar 18, 2026
FY2024 Dec 31, 2022 $12.62M Mar 14, 2025
FY2023 Dec 31, 2021 $5.22M Mar 15, 2024
FY2022 Dec 31, 2020 $21.23M Mar 27, 2023
FY2021 Dec 31, 2019 $16.08M Mar 14, 2022
FY2020 Dec 31, 2018 ($471.0K) Mar 16, 2021
FY2019 Dec 31, 2017 $3.35M Mar 30, 2020
FY2018 Dec 31, 2016 $2.29M Mar 29, 2019

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $376.0K Mar 18, 2026
FY2025 Dec 31, 2024 $941.0K Mar 18, 2026
FY2025 Dec 31, 2023 $335.0K Mar 18, 2026
FY2024 Dec 31, 2022 $835.0K Mar 14, 2025
FY2023 Dec 31, 2021 $1.90M Mar 15, 2024
FY2022 Dec 31, 2020 $298.0K Mar 27, 2023
FY2021 Dec 31, 2019 $1.01M Mar 14, 2022
FY2020 Dec 31, 2018 $771.0K Mar 16, 2021
FY2019 Dec 31, 2017 $1.13M Mar 30, 2020
FY2018 Dec 31, 2016 $105.0K Mar 29, 2019

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $111.84M Mar 18, 2026
FY2025 Dec 31, 2024 $111.48M Mar 18, 2026
FY2025 Dec 31, 2023 $105.23M Mar 18, 2026
FY2024 Dec 31, 2022 $108.88M Mar 14, 2025
FY2023 Dec 31, 2021 $114.07M Mar 15, 2024
FY2022 Dec 31, 2020 $102.05M Mar 27, 2023
FY2021 Dec 31, 2019 $90.58M Mar 14, 2022
FY2020 Dec 31, 2018 $92.58M Mar 16, 2021
FY2019 Dec 31, 2017 $98.60M Mar 30, 2020
FY2018 Dec 31, 2016 $39.41M Mar 29, 2019

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $22.53M Mar 18, 2026
FY2025 Dec 31, 2024 $24.05M Mar 18, 2026
FY2024 Dec 31, 2023 $23.78M Mar 14, 2025
FY2023 Dec 31, 2022 $22.88M Mar 15, 2024
FY2022 Dec 31, 2021 $39.64M Mar 27, 2023
FY2021 Dec 31, 2020 $42.51M Mar 14, 2022
FY2020 Dec 31, 2019 $44.30M Mar 16, 2021
FY2019 Dec 31, 2018 $58.31M Mar 30, 2020
FY2018 Dec 31, 2017 $71.45M Mar 29, 2019
FY2017 Dec 31, 2016 $20.33M Mar 23, 2018

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $89.31M Mar 18, 2026
FY2025 Dec 31, 2024 $87.43M Mar 18, 2026
FY2025 Dec 31, 2023 $81.44M Mar 18, 2026
FY2025 Dec 31, 2022 $86.00M Mar 18, 2026
FY2024 Dec 31, 2021 $74.43M Mar 14, 2025
FY2023 Dec 31, 2020 $59.53M Mar 15, 2024
FY2022 Dec 31, 2019 $46.28M Mar 27, 2023
FY2021 Dec 31, 2018 $34.28M Mar 14, 2022
FY2020 Dec 31, 2017 $27.15M Mar 16, 2021
FY2019 Dec 31, 2016 $19.07M Mar 30, 2020

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $27.21M Mar 18, 2026
FY2025 Dec 31, 2024 $27.21M Mar 18, 2026
FY2024 Dec 31, 2023 $27.21M Mar 14, 2025
FY2023 Dec 31, 2022 $32.51M Mar 15, 2024
FY2022 Dec 31, 2021 $32.51M Mar 27, 2023
FY2021 Dec 31, 2020 $32.51M Mar 14, 2022
FY2022 Oct 1, 2020 $6.40M Mar 27, 2023
FY2020 Dec 31, 2019 $26.11M Mar 16, 2021
FY2019 Dec 31, 2018 $26.11M Mar 30, 2020
FY2018 Dec 31, 2017 $35.84M Mar 29, 2019

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $56.43M Mar 18, 2026
FY2025 Dec 31, 2024 $55.82M Mar 18, 2026
FY2024 Dec 31, 2023 $52.42M Mar 14, 2025
FY2023 Dec 31, 2022 $59.55M Mar 15, 2024
FY2022 Dec 31, 2021 $50.84M Mar 27, 2023
FY2021 Dec 31, 2020 $38.62M Mar 14, 2022
FY2020 Dec 31, 2019 $28.76M Mar 16, 2021
FY2019 Dec 31, 2018 $17.61M Mar 30, 2020
FY2018 Dec 31, 2017 $10.92M Mar 29, 2019
FY2017 Dec 31, 2016 $9.30M Mar 23, 2018

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $36.53M Mar 18, 2026
FY2025 Dec 31, 2024 $27.74M Mar 18, 2026
FY2024 Dec 31, 2023 $21.15M Mar 14, 2025
FY2023 Dec 31, 2022 $7.06M Mar 15, 2024
FY2022 Dec 31, 2021 $6.62M Mar 27, 2023
FY2021 Dec 31, 2020 $7.68M Mar 14, 2022
FY2021 Dec 31, 2019 $2.98M Mar 14, 2022
FY2021 Dec 31, 2018 $1.29M Mar 14, 2022
FY2020 Dec 31, 2017 $2.48M Mar 16, 2021
FY2019 Dec 31, 2016 $829.0K Mar 30, 2020

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 0 Mar 18, 2026
FY2025 Dec 31, 2024 0 Mar 18, 2026
FY2025 Dec 31, 2023 0 Mar 18, 2026
FY2024 Dec 31, 2022 0 Mar 14, 2025
FY2023 Dec 31, 2021 1 Mar 15, 2024
FY2020 Dec 31, 2020 0 Mar 16, 2021
FY2020 Sep 30, 2020 0 Mar 16, 2021
FY2020 Jun 30, 2020 0 Mar 16, 2021
FY2020 Mar 31, 2020 0 Mar 16, 2021
FY2020 Dec 31, 2019 0 Mar 16, 2021

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 0 Mar 18, 2026
FY2025 Dec 31, 2024 0 Mar 18, 2026
FY2025 Dec 31, 2023 0 Mar 18, 2026
FY2024 Dec 31, 2022 0 Mar 14, 2025
FY2023 Dec 31, 2021 1 Mar 15, 2024
FY2020 Dec 31, 2020 0 Mar 16, 2021
FY2020 Sep 30, 2020 0 Mar 16, 2021
FY2020 Jun 30, 2020 0 Mar 16, 2021
FY2020 Mar 31, 2020 0 Mar 16, 2021
FY2020 Dec 31, 2019 0 Mar 16, 2021

Dividends Paid

Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.

Fiscal Year Period End Value Filed
FY2015 Dec 31, 2013 $2.12M Mar 25, 2016
FY2014 Dec 31, 2012 $6.68M Mar 20, 2015