What is Mastech Digital's net debt?

Mastech Digital (MHH) reported net debt of -$31.43M in Q1 2026.

How has Mastech Digital's net debt changed year-over-year?

Mastech Digital's net debt decreased by 48.1% year-over-year, from -$21.22M to -$31.43M.

What is the long-term trend for Mastech Digital's net debt?

Over 5 years (2020 to 2025), Mastech Digital's net debt has grown at a 21.3% compound annual growth rate (CAGR), from $13M to -$34.11M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Mastech Digital MHH Net debt

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$41.1M-15.0%

Gross profit$11.0M-14.5%

Operating income$51.0K+103%

Net income$264.0K+118%

EPS (diluted)$0.02+117%

Balance sheet

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Cash & equivalents$33.6M+36.0%

Total debt$2.1M-38.5%

Total equity$91.1M+4.7%

Total assets$108.0M-1.9%

Cash flow

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Operating cash flow-$3.2M-8.2%

CapEx$66.0K-42.1%

Free cash flow-$3.2M-6.3%

Valuation

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Market cap$92.75M+15.9%

Enterprise value$61.32M+11.1%

P/E40.1×-52.1×

P/S0.5×+0.1×

Profitability

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Gross margin27.8%-0.3pp

Operating margin1%-0.1pp

Net margin1.3%+0.2pp

FCF margin5.7%+3.3pp

Returns & leverage

See full

Return on equity2.6%+0.1pp

Debt / equity0×0.0×

Current ratio4.2×+0.8×

Where this comes from

Calculated from Mastech Digital’s reported figures.

$2.1Mtotal debt−$33.6Mcash and equivalents=-$31.43M

The official record: Mastech Digital’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mastech Digital's net debt?: Mastech Digital (MHH) reported net debt of -$31.43M in Q1 2026.
How has Mastech Digital's net debt changed year-over-year?: Mastech Digital's net debt decreased by 48.1% year-over-year, from -$21.22M to -$31.43M.
What is the long-term trend for Mastech Digital's net debt?: Over 5 years (2020 to 2025), Mastech Digital's net debt has grown at a 21.3% compound annual growth rate (CAGR), from $13M to -$34.11M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.