Mastech Digital, Inc · AMEX:MHH

Mastech Digital — Q1 2026 Earnings Presentation

18 slides from Mastech Digital's earnings presentation, May 15, 2026

  1. Slide 1: Mastech Digital Investor Presentation – May 2026

    Mastech Digital Investor Presentation – May 2026 Website © Copyright 2026 Mastech Digital. All rights reserved. www.mastechdigital.com

  2. Slide 2: Who We Are: Transforming the World of Data to be AI-Ready

    2 Who We Are Transforming the World of Data to be AI- Ready • Data-Science Led, Engineering enabled Digital Transformation firm 10+ 100+ • Focused on making enterprises AI-ready through Data and AI services Premium Data & AI Partners Assets & Accelerators • Two complementary business lines: Talent a

  3. Slide 3: Mastech Digital | Data-Science Led, Engineering Enabled

    3 Mastech Digital | Data- Science Led, Engineering Enabled Transforming The World of Data to be AI-Ready Talent Data & AI ~69% Revenue * ~31% Revenue * • Placing skilled technology professionals across a broad range • High Quality Engagements focused on making enterprises of digital and mainstream I

  4. Slide 4: 2025: A Year of Transition

    4 2025 : A Year of Transition A foundational year of discipline, restructuring, and investment $191.4M 27.9% $8.6M $36.5M Total Revenue Gross Margin Non-GAAP Net Income Cash on Hand Vs $198.9M in 2024 Flat YoY – Resilient $0.72 EPS – flat YoY Zero bank debt mix Talent $130.0M Achieved progressive bi

  5. Slide 5: 2026: A Year of Execution

    5 2026 : A Year of Execution A year when we implement our vision to build an AI-first services company 01 02 03 Sustainable Growth Employee Experience Customer Value • Revenue quality over time • Expand solution footprint per client • AI Ready Data Foundation Studios- • Expand AI-adjacent talent cap

  6. Slide 6: Mastech Digital Leadership Team

    6 Mastech Digital Leadership Team Nirav Patel Kannan S. Shipra Sharma Sarah Peiker Jennifer Lacey President and Chief Financial Chief AI Officer President – Head– Legal & Chief Executive and Talent Services General Counsel Officer Operations Officer Nirav brings over two decades of Kannan brings ove

  7. Slide 7: Investment Highlights

    7 Investment Highlights Deep Expertise & Marquee Clients with Recurring Extensive Capabilities in Data & AI Relationships • End-to-End Data Platform Engineering – Cloud migration, • 250+ Satisfied Clients – Trusted across Financial Services, lakehouse architecture, advanced analytics, and AI/ML acro

  8. Slide 8: Financial Overview

    ##3MAST=CH DIGITAL Financia

  9. Slide 9: Mastech Digital – Revenue and Margins

    9 Mastech Digital – Revenue and Margins (In $’000s) 60,000 40.0% 48,317 49,096 48,495 45,461 50,000 41,083 30.0% 40,000 28.1% 27.8% 28.3% 26.8% 26.7% 30,000 20.0% 20,000 8.7% 10.0% 6.7% 10,000 4.7% 3.4% 2.3% - 0.0% Q1'25 Q2'25 Q3'25 Q4'25 Q1''26 Revenue GM% Non GAAP OM% Commercial Metrics Q1'25 Q2'2

  10. Slide 10: Talent – Revenue & GM

    10 Talent – Revenue & GM (In $’000s) 40,000 40.0% Talent 33,353 33,295 32,319 31,053 ~69% Revenue 28,499 30,000 30.0% • Q1 2026 Revenue declined 11.8% year-over-year, driven by 20,000 23.0% 22.3% 22.5% 20.0% 21.2% 22.3% a deliberate exit of lower- margin positions and 10,000 10.0% insourcing activit

  11. Slide 11: Data & AI – Revenue & GM

    11 Data & AI – Revenue & GM (In $’000s) 18,000 50.0% 15,997 15,745 15,201 D&A 14,409 15,000 12,584 40.0% ~31% Revenue 41.2% 39.0% 41.0% 12,000 37.7% 37.2% • Q1 2026 Results reflect 30.0% continued macro headwinds 9,000 driven by trade-related 20.0% dynamics and geopolitical 6,000 uncertainties 10.0%

  12. Slide 12: Balance Sheet and Cash Flow

    12 Balance Sheet and Cash Flow (In $’000s) Q1'26 Q1'25 Delta Strong Financial Position Balance Sheet Metrics Cash & Cash Equivalents 33,550 24,665 36.0% • $33.6 million of cash & cash equivalents Operating Working Capital 17,003 20,387 -16.6% • $21.3 million available under revolving Total S/H Equit

  13. Slide 13: Appendix

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  14. Slide 14: Historical Financial Summary by Segment

    14 Historical Financial Summary by Segment (in $’000s) Q1 2025 Q2 2025 Q3 2025 Q4 2025 CY 2025 Q1 2026 Talent Data & AI Total Talent Data & AI Total Talent Data & AI Total Talent Data & AI Total Talent Data & AI Total Talent Data & AI Total Revenue 32,319 15,997 48,317 33,350 15,745 49,095 33,295 15

  15. Slide 15: Balance Sheet

    15 Balance Sheet (in $’000s) ASSETS 31st Mar 2026 31st Mar 2025 LIABILITIES AND SHAREHOLDERS' EQUITY 31st Mar 2026 31st Mar 2025 CURRENT ASSETS CURRENT LIABILITIES Cash 33,550 24,665 Accounts payable 3,360 3,742 Accounts Receivable 22,116 24,120 Accrued payroll and related costs 10,453 13,448 Allowa

  16. Slide 16: Cash Flow Statement

    16 Cash Flow Statement (in $’000s) As at As at 31st March 2026 31st March 2025 OPERATING ACTIVITIES Net income (loss) 264 (1,439) Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities : Depreciation and amortization 803 832 Bad debt expense (6) - Interest amor

  17. Slide 17: Notes

    17 Notes 1. This presentation includes GAAP and Non-GAAP financial measures. 2. Non-GAAP Operating Income excludes stock-based compensation expense, amortization of acquired intangible assets, Finance transition cost, and other non-recurring items. Non-GAAP Net Income further adjusts for the related

  18. Slide 18: Let's transform your tomorrow.

    18 Let’s transform your tomorrow. investors@mastechdigital.com Website www.mastechdigital.com © Copyright 2026 Mastech Digital. All rights reserved.

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