{"url_path":"/sec/mhh/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1437226/0001193125-26-225593-index.html","accession_number":"0001193125-26-225593","cik":"0001437226","ticker":"MHH","issuer_name":"Mastech Digital, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1437226/0001193125-26-225593-index.html","primary_entity_key":"0001437226","primary_entity_name":"Mastech Digital, Inc."},"word_count":445,"has_tables":true,"body_markdown":"10-Q\n\nQ1false--12-310001437226PA120001437226country:CA2026-01-012026-03-310001437226us-gaap:OperatingSegmentsMembermhh:TalentMember2026-01-012026-03-3100014372262025-03-310001437226mhh:TalentMember2026-03-310001437226us-gaap:OperatingSegmentsMembermhh:DataAndAnalyticsServicesMember2026-01-012026-03-310001437226mhh:DataAndAnalyticsServicesMember2025-01-012025-03-310001437226us-gaap:TechnologyBasedIntangibleAssetsMembermhh:DataAndAnalyticsServicesMember2026-03-310001437226mhh:TopTenCustomersMember2025-01-012025-03-310001437226mhh:TalentMembermhh:CovenantNotToCompeteMember2025-12-310001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2024-12-310001437226us-gaap:SalesRevenueNetMembermhh:FidelityMemberus-gaap:RevenueFromRightsConcentrationRiskMember2026-01-012026-03-310001437226us-gaap:OperatingSegmentsMember2025-01-012025-03-310001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2026-03-310001437226us-gaap:RevolvingCreditFacilityMember2026-03-310001437226mhh:DataAndAnalyticsServicesMember2023-01-012023-12-310001437226us-gaap:AdditionalPaidInCapitalMember2026-03-310001437226country:IE2026-03-310001437226mhh:IndiaAndOtherMember2026-01-012026-03-310001437226mhh:TopTenCustomersMember2026-01-012026-03-310001437226us-gaap:EmployeeStockOptionMember2025-01-012025-03-310001437226mhh:TalentMember2025-01-012025-12-310001437226mhh:PncBankNaMembermhh:TermLoanMember2022-08-012022-08-310001437226us-gaap:TimeAndMaterialsContractMembermhh:ITStaffingServicesMember2025-01-012025-03-310001437226mhh:DataAndAnalyticsServicesMember2026-01-012026-03-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-01-012025-03-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-12-310001437226us-gaap:AdditionalPaidInCapitalMember2025-03-310001437226mhh:PncBankNaMember2026-01-012026-03-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2025-03-310001437226us-gaap:EmployeeStockOptionMember2026-03-310001437226mhh:DataAndAnalyticsServicesMembermhh:CovenantNotToCompeteMember2025-12-310001437226mhh:TalentMemberus-gaap:CustomerRelationshipsMember2025-12-310001437226mhh:DataAndAnalyticsServicesMember2025-01-012025-12-310001437226us-gaap:SalesRevenueNetMembermhh:FidelityMemberus-gaap:RevenueFromRightsConcentrationRiskMember2025-01-012025-03-310001437226srt:MaximumMember2020-12-310001437226us-gaap:RevolvingCreditFacilityMember2020-12-310001437226us-gaap:CommonStockMember2024-12-310001437226us-gaap:RevolvingCreditFacilityMembermhh:PncBankNaMember2025-12-310001437226us-gaap:OperatingSegmentsMember2026-01-012026-03-310001437226us-gaap:AdditionalPaidInCapitalMember2025-12-310001437226mhh:DataAndAnalyticsServicesMember2018-01-012018-12-310001437226mhh:TalentMembermhh:CovenantNotToCompeteMember2026-03-310001437226us-gaap:SalesRevenueNetMembermhh:CgiMemberus-gaap:RevenueFromRightsConcentrationRiskMember2025-01-012025-03-310001437226us-gaap:TechnologyBasedIntangibleAssetsMembermhh:DataAndAnalyticsServicesMember2025-12-310001437226mhh:PncBankNaMember2017-07-1300014372262026-03-310001437226mhh:TalentMemberus-gaap:TradeNamesMember2026-03-310001437226us-gaap:TimeAndMaterialsContractMembermhh:DataAndAnalyticsServicesMember2025-01-012025-03-310001437226us-gaap:RestrictedStockMember2026-01-012026-03-310001437226us-gaap:SalesRevenueNetMembersrt:MinimumMemberus-gaap:RevenueFromRightsConcentrationRiskMember2025-01-012025-03-310001437226us-gaap:CommonStockMember2023-02-080001437226us-gaap:LeaseAgreementsMember2025-12-160001437226mhh:PncBankNaMemberus-gaap:RevolvingCreditFacilityMember2026-03-310001437226us-gaap:TreasuryStockCommonMember2025-12-310001437226us-gaap:RevolvingCreditFacilityMembermhh:PncBankNaMember2017-07-130001437226mhh:TalentMember2025-12-310001437226us-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-01-012026-03-310001437226srt:MinimumMember2026-01-012026-03-310001437226mhh:DataAndAnalyticsServicesMemberus-gaap:TradeNamesMember2025-12-310001437226us-gaap:TimeAndMaterialsContractMembermhh:ITStaffingServicesMember2026-01-012026-03-310001437226us-gaap:OperatingSegmentsMembermhh:TalentMember2025-01-012025-03-310001437226mhh:TalentMemberus-gaap:CustomerRelationshipsMember2026-03-310001437226country:GB2025-03-310001437226mhh:LetterOfCreditOneFromPncBankToVietnamClientMemberus-gaap:RevolvingCreditFacilityMember2024-05-0900014372262026-04-300001437226country:US2026-01-012026-03-310001437226mhh:DataAndAnalyticsServicesMemberus-gaap:CustomerRelationshipsMember2026-03-310001437226us-gaap:TreasuryStockCommonMember2025-03-310001437226mhh:DataAndAnalyticsServicesMember2025-12-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-310001437226mhh:DataAndAnalyticsServicesMembermhh:CovenantNotToCompeteMember2026-03-310001437226mhh:TalentMember2026-01-012026-03-310001437226country:IE2025-03-310001437226mhh:PncBankNaMembermhh:TermLoanMember2020-10-012020-10-010001437226us-gaap:CommonStockMember2025-01-012025-03-310001437226us-gaap:RevolvingCreditFacilityMembercountry:CA2026-01-012026-03-310001437226us-gaap:LeaseAgreementsMembermhh:DallasTexasMember2026-03-050001437226mhh:EmployeeStockPurchasePlanMember2026-01-012026-03-310001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2025-01-012025-03-310001437226us-gaap:LeaseAgreementsMember2026-03-050001437226us-gaap:CommonStockMember2026-01-012026-03-310001437226mhh:PncBankNaMembermhh:TermLoanMember2026-03-310001437226us-gaap:RestrictedStockMember2025-01-012025-03-310001437226us-gaap:RevolvingCreditFacilityMembermhh:PncBankNaMembersrt:MaximumMember2022-01-042022-01-040001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2025-12-310001437226us-gaap:OperatingSegmentsMembermhh:DataAndAnalyticsServicesMember2025-01-012025-03-310001437226mhh:PncBankNaMembermhh:TermLoanMember2025-12-310001437226mhh:ITStaffingServicesMember2026-01-012026-03-3100014372262025-12-310001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2025-03-310001437226us-gaap:RestrictedStockUnitsRSUMember2026-01-012026-03-310001437226country:US2025-01-012025-03-310001437226mhh:OlympusBoulevardMemberus-gaap:LeaseAgreementsMember2026-03-050001437226mhh:PncBankNaMembermhh:TermLoanMember2017-07-130001437226mhh:FederalFundsRateMember2026-01-012026-03-310001437226us-gaap:TreasuryStockCommonMember2026-03-310001437226mhh:EmployeeStockPurchasePlanMember2026-03-310001437226us-gaap:RevolvingCreditFacilityMembermhh:SwingLoansMember2020-12-310001437226us-gaap:AccumulatedOtherComprehensiveIncomeMember2026-03-310001437226us-gaap:AdditionalPaidInCapitalMember2024-12-310001437226mhh:PncBankNaMembermhh:TermLoanMember2023-01-032023-01-030001437226mhh:TalentMemberus-gaap:TradeNamesMember2025-12-310001437226mhh:DataAndAnalyticsServicesMemberus-gaap:CustomerRelationshipsMember2025-12-310001437226mhh:DataAndAnalyticsServicesMember2024-12-310001437226mhh:FidelityCgiAndPopulusMemberus-gaap:SalesRevenueNetMember2025-01-012025-03-310001437226mhh:DataAndAnalyticsServicesMember2026-03-310001437226mhh:IndiaAndOtherMember2025-01-012025-03-3100014372262024-12-310001437226us-gaap:RevolvingCreditFacilityMembercountry:US2020-12-310001437226us-gaap:TimeAndMaterialsContractMembermhh:DataAndAnalyticsServicesMember2026-01-012026-03-310001437226mhh:DataAndAnalyticsServicesMemberus-gaap:FixedPriceContractMember2025-01-012025-03-310001437226mhh:EmployeeStockPurchasePlanMember2019-05-1500014372262026-01-012026-03-310001437226us-gaap:CommonStockMember2025-02-192025-02-190001437226us-gaap:CommonStockMember2026-02-162026-02-160001437226mhh:DataAndAnalyticsServicesMemberus-gaap:TradeNamesMember2026-03-310001437226us-gaap:CommonStockMember2025-03-310001437226mhh:AllegisMemberus-gaap:SalesRevenueNetMemberus-gaap:RevenueFromRightsConcentrationRiskMember2025-01-012025-03-310001437226country:GB2026-03-310001437226us-gaap:EmployeeStockOptionMember2026-01-012026-03-310001437226us-gaap:RestrictedStockUnitsRSUMember2025-01-012025-03-3100014372262025-01-012025-03-310001437226mhh:DataAndAnalyticsServicesMemberus-gaap:FixedPriceContractMember2026-01-012026-03-310001437226mhh:ITStaffingServicesMember2025-01-012025-03-310001437226us-gaap:SalesRevenueNetMembersrt:MinimumMemberus-gaap:RevenueFromRightsConcentrationRiskMember2026-01-012026-03-310001437226mhh:TalentMember2024-12-310001437226us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember2026-01-012026-03-310001437226us-gaap:TreasuryStockCommonMember2024-12-310001437226mhh:EmployeeStockPurchasePlanMember2025-01-012025-03-310001437226country:CA2025-01-012025-03-310001437226us-gaap:RevolvingCreditFacilityMembercountry:CA2026-03-310001437226srt:WeightedAverageMember2026-01-012026-03-310001437226us-gaap:RevolvingCreditFacilityMemberus-gaap:LetterOfCreditMember2020-12-310001437226us-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-310001437226us-gaap:CommonStockMember2025-12-310001437226srt:MinimumMember2020-12-310001437226srt:MaximumMember2026-01-012026-03-310001437226mhh:SuiteMemberus-gaap:LeaseAgreementsMember2026-03-050001437226us-gaap:CommonStockMember2026-03-310001437226mhh:FidelityCgiAndPopulusMemberus-gaap:SalesRevenueNetMember2026-01-012026-03-31xbrli:pureutr:sqftmhh:Agreementxbrli:sharesmhh:Segmentiso4217:USDxbrli:sharesiso4217:USD\n\n[Table of Contents](#toc_page)\n\n \n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n(Mark One)\n\n \n\n☒\n\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarterly period ended March 31, 2026\n\n \n\n☐\n\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nCommission File Number 001-34099\n\n \n\nMASTECH DIGITAL, INC.\n\n(Exact name of registrant as specified in its charter)\n\n \n\n \n\nPENNSYLVANIA\n\n26-2753540\n\n(State or other jurisdiction of\n\nincorporation or organization)\n\n(I.R.S. Employer\n\nIdentification No.)\n\n \n\n1305 Cherrington Parkway, Building 210, Suite 400\n\nMoon Township, Pennsylvania\n\n15108\n\n(Address of principal executive offices)\n\n(Zip Code)\n\nRegistrant’s telephone number, including area code: (412) 787-2100\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\n \n\nTrading\n\nSymbol(s)\n\n \n\nName of each exchange\n\non which registered\n\nCommon Stock, par value $.01 per share\n\n \n\nMHH\n\n \n\nNYSE American\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n\n☐\n\nAccelerated filer\n\n☐\n\n \n\n \n\n \n\n \n\nNon-accelerated filer\n\n☒\n\nSmaller reporting company\n\n☒\n\n \n\n \n\n \n\n \n\n \n\n \n\nEmerging growth company\n\n☐\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\nThe number of shares of the registrant’s Common Stock, par value $.01 per share, outstanding as of April 30, 2026 was 11,998,186.\n\n \n\n[Table of Contents](#toc_page)\n\n \n\nMASTECH DIGITAL, INC.\n\nQUARTERLY REPORT ON FORM 10-Q\n\nFOR THE QUARTER ENDED March 31, 2026\n\nTABLE OF CONTENTS\n\n \n\n \n\n \n\nPage\n\nPART 1\n\n[FINANCIAL INFORMATION](#part_i_financial_information)\n\n3"}