Mastech Digital, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 30, 2026, reporting results for both the third quarter and the nine months ended on that date.

Key Highlights

  • Q3 2026 Revenue: The company reported revenues of $41,987 thousand for the three months ended September 30, 2026, compared to $48,496 thousand in the same period of 2025.
  • Q3 2026 Net Income: Net income for the quarter was $7 thousand, or $0.00 per basic and diluted share, versus net income of $941 thousand, or $0.08 per share, in Q3 2025.
  • Nine-Month Revenue: For the nine months ended September 30, 2026, revenues totaled $124,517 thousand, down from $145,910 thousand in the comparable prior-year period.
  • Nine-Month Net Income: Net income for the nine-month period was $171 thousand, compared to a net loss of $363 thousand for the nine months ended September 30, 2025.
  • Total Assets: As of September 30, 2026, total assets were $110,650 thousand, versus $111,840 thousand as of December 31, 2025.
  • Cash Position: Cash and cash equivalents stood at $37,939 thousand as of September 30, 2026, up from $36,533 thousand at December 31, 2025.
  • Shares Outstanding: Common shares outstanding as of October 30, 2026 were 12,029,183.

Mastech Digital's Third-Quarter 2026 Financial Results and Balance Sheet

According to the filing, Mastech Digital (NYSE American:MHH) recorded revenues of $41,987 thousand in Q3 2026, a decline from $48,496 thousand in Q3 2025. Gross profit for the quarter was $12,049 thousand, compared to $13,461 thousand in the prior-year quarter. Selling, general and administrative expenses totaled $12,036 thousand, leaving income from operations of just $13 thousand for the three-month period, versus $820 thousand in Q3 2025. After net interest income of $266 thousand and other expense of $29 thousand, income before income taxes was $250 thousand. Income tax expense of $243 thousand reduced net income to $7 thousand for the quarter.

For the nine months ended September 30, 2026, the company disclosed revenues of $124,517 thousand and a net income of $171 thousand, compared to revenues of $145,910 thousand and a net loss of $363 thousand in the same nine-month period of 2025. The filing reported a nine-month loss from operations of $261 thousand and income before income taxes of $905 thousand after including net interest income of $814 thousand and other income of $352 thousand.

The condensed consolidated balance sheet as of September 30, 2026 showed total shareholders' equity of $92,523 thousand, up from $89,308 thousand at December 31, 2025. The company reported goodwill, net of impairment, of $27,210 thousand, unchanged from year-end, and intangible assets, net of amortization, of $5,945 thousand, down from $7,755 thousand at December 31, 2025. Total liabilities declined to $18,127 thousand from $22,532 thousand at the prior year-end. The filing noted 14,052,048 shares issued as of September 30, 2026, with 2,022,864 shares held as treasury stock.

What Was Disclosed

Mastech Digital filed its quarterly report covering the period ended September 30, 2026, disclosing Q3 revenues of $41,987 thousand, net income of $7 thousand, total assets of $110,650 thousand, and cash of $37,939 thousand, along with nine-month comparative financial data.