MASTECH DIGITAL, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $191.4M | $198.9M | $201.1M | $242.2M | $222.0M | $194.1M | $193.6M | $177.2M |
| Cost of Revenue | $138.3M | $143.3M | $150.1M | $179.1M | $162.6M | $142.6M | $145.6M | $134.6M |
| Gross Profit | $53.1M | $55.6M | $51.0M | $63.2M | $59.4M | $51.5M | $48.0M | $42.5M |
| Gross Margin | 27.7% | 27.9% | 25.4% | 26.1% | 26.8% | 26.6% | 24.8% | 24.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $53.1M | $51.8M | $60.3M | $51.0M | — | — | — | — |
| Operating Income | $1.0K | $3.8M | $-9.3M | $12.2M | $17.6M | $13.4M | $17.0M | $11.6M |
| Operating Margin | 0.0% | 1.9% | -4.6% | 5.0% | 7.9% | 6.9% | 8.8% | 6.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.1M | $4.4M | $-9.0M | $12.5M | $16.9M | $12.6M | $15.2M | $9.4M |
| Income Tax Expense | $453.0K | $1.0M | $-1.9M | $3.8M | $4.7M | $2.8M | $4.1M | $2.7M |
| Net Income | $609.0K | $3.4M | $-7.1M | $8.7M | $12.2M | $9.9M | $11.1M | $6.7M |
| Net Margin | 0.3% | 1.7% | -3.5% | 3.6% | 5.5% | 5.1% | 5.8% | 3.8% |
| EPS (Basic) | $0.05 | $0.29 | $-0.61 | $0.75 | $1.07 | $0.87 | $1.01 | $0.61 |
| EPS (Diluted) | $0.05 | $0.28 | $-0.61 | $0.72 | $1.02 | $0.83 | $0.99 | $0.60 |
| Shares Outstanding (Basic) | 11.7M | 11.7M | 11.6M | 11.6M | 11.4M | 11.3M | 11.0M | 11.0M |
| Shares Outstanding (Diluted) | 12.0M | 12.0M | 11.6M | 12.1M | 12.0M | 12.0M | 11.2M | 11.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |