Mastech Digital SEC filings document the company's digital transformation IT services business, public-company governance, and NYSE American-listed common stock. Form 8-K reports cover quarterly operating results, share repurchase authorization, material lease agreements, changes in the independent registered public accounting firm, and executive compensation arrangements involving restricted stock.
Proxy materials disclose board and shareholder-voting matters, named executive compensation, equity award information, and governance procedures. The filing record also includes exhibit-based disclosures for press releases, employment and compensation agreements, and other material contracts that affect the company's capital structure, corporate administration, and reporting obligations.
Mastech Digital, Inc. reported third-quarter 2026 revenue of $42.0 million, down 13.4% year over year and up 1.3% sequentially. GAAP net income was $7,000, compared with $941,000 a year earlier; non-GAAP net income was $1.222 million versus $3.467 million.
Data & AI revenue was $14.122 million, down 6.8% year over year but up 4.7% sequentially for a second consecutive quarter; segment bookings were $10.8 million versus $8.4 million. Talent revenue was $27.865 million, down 16.4% year over year and 0.4% sequentially. Mastech attributed the segment's year-over-year decline to a 21.0% decrease in billable consultants, continued insourcing by a top ten client, and its exit from lower-margin and non-strategic positions. The average bill rate was $92.37, versus $89.65 a year earlier.
At September 30, 2026, liquidity was $56.2 million, including $37.9 million in cash and cash equivalents and approximately $18.3 million of available borrowing capacity; Mastech reported no bank debt. Management said it expects to continue investing in forward-leaning capabilities into 2027.
Mastech Digital, Inc. (MHH) common stock is covered by Amendment No. 4 to an ownership report in which The Capital Management Corporation reported beneficial ownership of 1,040,085 shares, or 8.7%, as of September 30, 2026. The corporation reported sole voting power over 1,015,385 shares and sole dispositive power over 1,040,085 shares; shared voting and dispositive power were each 0.
Mastech Digital, Inc. (MHH) reports that the Rachel Lynn Shaw Trust purchased 2,500 common shares on October 19, 2026, at a weighted-average $6.44 per share, and 2,200 shares on October 20 at a weighted-average $6.33. Steven A. Shaw, identified as a ten percent owner, is the trust’s trustee and a contingent residual beneficiary. A separate direct-holdings entry lists 1,310,100 shares dated October 19, 2026. The purchases were not reported under a Rule 10b5-1 plan.
Mastech Digital, Inc. (MHH) insider Steven A. Shaw, a ten percent owner, reported purchasing 5,000 shares of common stock on 2026-08-21 at $7.47 per share. These shares are held indirectly through the Rachel Lynn Shaw Trust, where he is trustee and a contingent residual beneficiary, bringing that trust’s holdings to 55,000 shares. Shaw also reports 1,310,100 shares held directly after the reported transactions.
Mastech Digital, Inc. granted its Chief Financial and Operations Officer, Kannan Sugantharaman, a total of 20,000 restricted stock units (RSUs) on August 10, 2026 pursuant to a Restricted Stock Unit Agreement. The RSUs vest in three equal annual tranches: 6,667 RSUs on the first anniversary of the grant date, an additional 6,667 RSUs on the second anniversary, and the remaining 6,666 RSUs on the third anniversary. The full terms are contained in the Restricted Stock Unit Agreement filed as Exhibit 10.1.
Sugantharaman Kannan reported acquisition or exercise transactions in this Form 4 filing.
Mastech Digital, Inc. reported that its CFO and COO, Sugantharaman Kannan, received a grant of 20,000 Restricted Stock Units (RSUs) on August 10, 2026. Each RSU represents a contingent right to receive one share of the company’s common stock under its Stock Incentive Plan.
The RSUs vest in three tranches: 6,667 RSUs on August 10, 2027, 6,667 RSUs on August 10, 2028, and 6,666 RSUs on August 10, 2029. Following this award, Kannan’s directly held RSU balance reported in this filing is 170,000 units.
Mastech Digital, Inc. reported Q2 2026 revenue of $41.4 million, down 15.6% from $49.1 million a year earlier, with a small net loss of $0.1 million and basic and diluted EPS of $(0.01). Gross margin improved to 29.0% from 28.1% as both operating segments expanded margins.
The Data & AI segment generated $13.5 million of revenue and a 40.4% gross margin, with Q2 bookings of $13.6 million versus $9.0 million in Q2 2025. The Talent segment produced $28.0 million of revenue, with gross margin at 23.4%; billable consultants declined to 594 from 764, while the average bill rate rose to $92.17 per hour from $88.36.
For the first half of 2026, revenue was $82.5 million and net income was $0.2 million, with a 27.9% gross margin. The company ended June 30, 2026 with $35.6 million in cash, no bank debt and about $20.4 million of unused revolver capacity. One client, Fidelity, accounted for 26.7% of Q2 revenue, and the effective tax rate was elevated by non-deductible executive and stock-based compensation. A $5.0 million share repurchase authorization was in place but unused in the quarter.
Mastech Digital, Inc. reported second‑quarter 2026 revenues of $41.4 million, down 15.6% from the prior year but up 0.9% sequentially. Gross margin was 29.0%, compared with 28.1% a year earlier. GAAP results were a small net loss of $0.1 million, or $(0.01) per diluted share, while non‑GAAP net income was $0.976 million, or $0.08 per diluted share.
Data & AI revenues were $13,484 thousand, down 14.4% year over year but up 7.2% sequential, with bookings higher than in 2025. Talent revenues were $27,963 thousand, down 16.2% year over year and 1.9% sequential, reflecting client insourcing and exits from lower‑margin roles. Liquidity totaled $56.0 million, including $35.6 million in cash and $20.4 million of credit facility capacity, with no bank debt.
On August 1, 2026, CEO Nirav Patel received 50,000 restricted stock units, vesting in three annual installments beginning one year after grant. The board also adopted Second Amended and Restated Bylaws aligning with Pennsylvania corporate law, adding exclusive forum provisions and confirming board authority to amend the bylaws.
Mastech Digital, Inc. reported results of its annual shareholder meeting held on May 13, 2026. Shareholders approved a Second Amendment to the company’s Stock Incentive Plan to allow the issuance of restricted stock units (RSUs), expanding the forms of equity compensation available.
Two Class III directors, Arun Nayar and Srinivas Kandula, were elected to three-year terms. Shareholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. The Second Amendment to the plan is filed as Exhibit 10.1 and is incorporated by reference.
Mastech Digital reported first‑quarter 2026 revenue of $41.1 million, down 15% from $48.3 million a year earlier, as both its Talent and Data & AI segments softened. Talent revenue fell to $28.5 million and Data & AI to $12.6 million, with Data & AI bookings easing to about $13.6 million from $15.3 million.
Despite lower sales, the company moved to a small net profit of $0.3 million, or $0.02 per diluted share, from a $1.4 million loss. Gross margin held essentially flat at 26.8%, helped by stronger Talent margins. SG&A dropped to $11.0 million from $14.7 million, reflecting lower sales, marketing, and severance costs.
Mastech ended the quarter with $33.6 million of cash, no bank debt, and roughly $21.3 million of unused revolver capacity. Operating cash flow was a $3.2 million outflow, mainly due to bonus payments and higher receivables. Fidelity accounted for 24.5% of revenue, and the top ten clients comprised about 60%. The board also authorized a new share repurchase program of up to $5.0 million, with no repurchases yet in 2026.