Mastech Digital (MHH) risk factors
Item 1A of every Mastech Digital, Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
51 risks, 5 new, 5 dropped, 9 reworded since the prior year. Client concentration grew with top ten clients generating 58% of 2025 revenue and financial services reaching 54%. Managed Service Providers and Global Capability Centers pressured gross margins down and dropped client retention. Artificial intelligence adoption and compliance costs emerged as new strategic operational risks.
Filed Mar 18, 2026 - FY2024 10-K risk factors
51 risks. Mastech Digital faces intense labor competition and talent retention risks for its IT staffing and analytics professionals. Immigration policy shifts heavily impact operations, with approximately 40 percent of workers on H1-B visas. Client concentration, Managed Service Provider trends, and stringent credit facility covenants constrain financial flexibility.
Filed Mar 14, 2025