Mastech Digital, Inc. (MHH) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -3.16M | 4.36M | 6.48M | 3.3M | -3M | 4.04M | 3.3M | 1.18M | -1.33M | 5.43M | -2.56M | 9.98M | 3.13M | 4.87M | 5.81M | 374K | 1.56M | 3.31M | 1.73M | -596K |
| Operating CF Margin % | -7.7% | 9.59% | 13.35% | 6.71% | -6.2% | 7.96% | 6.36% | 2.38% | -2.83% | 11.8% | -5.36% | 19.11% | 5.69% | 8.51% | 9.2% | 0.6% | 2.62% | 5.6% | 2.91% | -1.11% |
| Operating CF Growth % | -5.58% | 7.92% | 96.3% | 179.09% | -125.87% | -25.68% | 228.77% | -88.16% | -142.35% | 11.54% | -144.12% | 2567.38% | 100.32% | 47.29% | 235.47% | 162.75% | 101.94% | -22.97% | -67.72% | -106.79% |
| Net Income | 264K | 972K | 941K | 135K | -1.44M | 297K | 1.88M | 1.39M | -161K | -5.35M | 125K | -2.17M | 261K | 1.54M | 2.41M | 2.44M | 2.33M | 3.88M | 3.41M | 3.74M |
| Depreciation & Amortization | 803K | 803K | 848K | 841K | 832K | 829K | 865K | 907K | 898K | 912K | 917K | 1.01M | 1.01M | 944K | 1.12M | 1.11M | 1.02M | 995K | 988K | 999K |
| Stock-Based Compensation | 750K | 780K | 729K | 714K | 895K | 647K | 542K | 461K | 550K | 581K | 824K | 842K | 835K | 171K | 776K | 752K | 526K | 141K | 693K | 757K |
| Deferred Taxes | 0 | 3K | 206K | -379K | 3K | -694K | 53K | 8K | 55K | -1.31M | 34K | -230K | -245K | 159K | -75K | -72K | 623K | 208K | 480K | 341K |
| Other Non-Cash Items | 698K | -1.2M | -303K | -332K | -1.26M | 908K | 51K | 30K | -54K | 5.29M | -3.04M | 3.13M | 31K | -6K | -63K | -129K | -58K | -921K | 233K | -1.83M |
| Working Capital Changes | -5.68M | 3M | 4.05M | 2.32M | -2.02M | 2.05M | -87K | -1.62M | -2.61M | 5.3M | -1.43M | 7.4M | 1.24M | 2.06M | 1.64M | -3.72M | -2.88M | -999K | -4.07M | -4.6M |
| Change in Receivables | -1.31M | 2.47M | 1.64M | 1.6M | -703K | 2.74M | -1.41M | -628K | -2.11M | 2.49M | 439K | 9.36M | 245K | 8.12M | 718K | -4.37M | -3.44M | 2M | -6.94M | -2.38M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -78K | 42K | -138K | -177K | -942K | 57K | -1.15M | 317K | 816K | -184K | 467K | -307K | 210K | -1.36M | -893K | 482K | 1.29M | 12K | 304K | 723K |
| Cash from Investing | -81K | -117K | -181K | -55K | -133K | -116K | -74K | -473K | -278K | -122K | -52K | -35K | -7K | -23K | -102K | -47K | -646K | -1.04M | -517K | -334K |
| Capital Expenditures | -66K | -25K | -182K | -55K | -114K | -115K | -74K | -474K | -278K | -122K | -101K | -15K | -97K | -16K | -22K | -67K | -730K | -1.04M | -525K | -198K |
| CapEx % of Revenue | 0.16% | 0.06% | 0.38% | 0.11% | 0.24% | 0.23% | 0.14% | 0.96% | 0.59% | 0.26% | 0.21% | 0.03% | 0.18% | 0.03% | 0.03% | 0.11% | 1.22% | 1.77% | 0.88% | 0.37% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -15K | -92K | 1K | 0 | -19K | -1K | 0 | 1K | 0 | 0 | 49K | -20K | 90K | -7K | -80K | 20K | 84K | 2K | 8K | -136K |
| Cash from Financing | 684K | -134K | -1.06M | 37K | 27K | 158K | 118K | 458K | -80K | -56K | 0 | -422K | -1.1M | -1.03M | -8.71M | -471K | -207K | -1.08M | -1.1M | -915K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.1M | -1.1M | -8.7M | -1.1M | -1.1M | -1.1M | -1.1M | -1.1M |
| Equity Issued (Net) | 684K | -134K | -1.48M | 37K | 0 | 87K | 118K | 458K | -80K | 8K | 0 | -422K | 0 | 74K | -10K | 629K | 893K | 120K | 0 | 185K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -654K | -1.48M | -114K | 0 | 0 | 0 | 0 | -80K | -46K | 0 | -572K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 422K | 0 | 27K | 71K | 0 | 0 | 0 | -64K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -99K | 0 | 0 |
| Net Change in Cash | -2.98M | 3.79M | 4.81M | 3.27M | -3.08M | 3.86M | 3.3M | 1.16M | -1.72M | 5.27M | -2.73M | 9.52M | 2.04M | 3.58M | -3.24M | -463K | 563K | 1.18M | 145K | -1.94M |
| Free Cash Flow | -3.23M | 4.33M | 6.29M | 3.24M | -3.11M | 3.92M | 3.23M | 707K | -1.6M | 5.31M | -2.66M | 9.96M | 3.03M | 4.86M | 5.79M | 307K | 833K | 2.26M | 1.21M | -794K |
| FCF Margin % | -7.86% | 9.53% | 12.98% | 6.6% | -6.43% | 7.73% | 6.22% | 1.43% | -3.43% | 11.53% | -5.57% | 19.08% | 5.51% | 8.49% | 9.16% | 0.49% | 1.39% | 3.83% | 2.03% | -1.48% |
| FCF Growth % | -3.83% | 10.45% | 95.16% | 358.42% | -93.83% | -26.13% | 221.1% | -92.9% | -152.87% | 9.39% | -146.03% | 3144.63% | 264.23% | 114.54% | 379.68% | 138.66% | 28.95% | -46.82% | -77.06% | -109.08% |
| FCF per Share | -0.27 | 0.37 | 0.54 | 0.27 | -0.26 | 0.32 | 0.27 | 0.06 | -0.14 | 0.46 | -0.22 | 0.86 | 0.25 | 0.40 | 0.48 | 0.03 | 0.07 | 0.19 | 0.10 | -0.07 |
| FCF Conversion (FCF/Net Income) | -11.98x | 4.48x | 6.88x | 24.41x | 2.08x | 13.60x | 1.76x | 0.85x | 8.24x | -1.02x | -20.50x | -4.59x | 12.00x | 3.17x | 2.41x | 0.15x | 0.67x | 0.85x | 0.51x | -0.16x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |