<PAGE>

                                    FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

             (X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended March 31, 1999

                                       or

            ( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                          Commission file number 0-4090

                       ANALYSTS INTERNATIONAL CORPORATION

                    Minnesota                     41-0905408

                              3601 West 76th Street
                              Minneapolis, MN 55435
                                 (612) 835-5900

Indicate 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 and (2) has been subject to such filing requirements for
the past 90 days.

                                    Yes X      No

As of April 30, 1999, 22,550,461 shares of the Registrant's Common Stock were
outstanding.


<PAGE>








                       ANALYSTS INTERNATIONAL CORPORATION

                                      INDEX

                                                                            Page
                                                                          Number
                                                                          ------

PART I.     FINANCIAL INFORMATION:

  Item 1.   Condensed Consolidated Balance Sheets
             March 31, 1999 (Unaudited) and June 30, 1998                      1

            Condensed Consolidated Statements of Income 
            Three months and nine months ended March 31, 1999 and 1998
             (Unaudited)                                                       2

            Condensed Consolidated Statements of Cash Flows
             Nine months ended March 31, 1999 and 1998 (Unaudited)             3

            Notes to Condensed Consolidated Financial
             Statements (Unaudited)                                          4-5

  Item 2.   Management's Discussion and Analysis of Financial
             Condition and Results of Operations                             6-8


<PAGE>




                       ANALYSTS INTERNATIONAL CORPORATION

                      CONDENSED CONSOLIDATED BALANCE SHEETS

                                     ASSETS


<TABLE>
<CAPTION>                                                             

                                           March 31,                  June 30,
(In thousands)                              1999                        1998
                                         -----------               -----------
                                         (Unaudited)
<S>                                      <C>                       <C>
Current assets:
Cash and cash equivalents                   $ 29,542                 $ 11,868
  Accounts receivable, less allowance
   for doubtful accounts                      99,920                   94,294
  Other current assets                         4,343                    3,808
                                            --------                 --------
   Total current assets                      133,805                  109,970

Property and equipment, net                   25,223                   10,360
Other assets                                  16,705                   12,331
                                            --------                 --------
                                            $175,733                 $132,661
                                            ========                 ========

                      LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

  Accounts payable                          $ 30,178                 $ 21,236
  Dividend payable                             2,255                    1,795
  Salaries and vacations                      17,499                   15,669
  Other, primarily self-insured 
   health care reserves                        2,525                    2,161
  Income taxes payable                         1,257                    1,635
                                            --------                 --------
   Total current liabilities                  53,714                   42,496

Long-term debt                                20,000                       --
Other long-term liabilities                    7,555                    7,171

Shareholders' equity                          94,464                   82,994
                                           ---------                 --------
                                            $175,733                 $132,661
                                           =========                =========

</TABLE>


Note:   The balance sheet at June 30, 1998 has been taken from the audited
            financial statements at that date, and condensed.

            See notes to condensed consolidated financial statements.

                                        1


<PAGE>



                       ANALYSTS INTERNATIONAL CORPORATION

                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                   (Unaudited)


<TABLE>
<CAPTION>

                                                  Three Months Ended                     Nine Months Ended
(In thousands except per share amounts)               March 31                                 March 31         
                                              ----------------------                 -------------------------
                                              1999               1998                1999                 1998
                                              ----               ----                ----                 ----
<S>                                        <C>                  <C>                  <C>                 <C>
Professional services revenues:
   Provided directly                      $119,847            $116,261           $361,611             $329,276
   Provided through sub-suppliers           34,281              33,750            103,967               97,158
                                          --------            --------           --------             --------
         Total revenues                    154,128             150,011            465,578              426,434

Expenses:
  Salaries, contracted
     services and direct charges           121,138             117,261            365,193              332,023
  Selling, administrative and other
     operating costs                        24,025              23,848             73,665               68,842
                                          --------            --------           --------             --------
           Total expenses                  145,163             141,109            438,858              400,865
                                          --------            --------           --------             --------

Operating income                             8,965               8,902             26,720               25,569

Non-operating income                           392                 313                966                  997
                                          --------            --------            --------            --------

Income before income taxes                   9,357               9,215             27,686               26,566
                                                                                                      --------
Income taxes                                 3,652               3,687             10,894               10,627
                                          --------            --------            --------            --------

Net income                                $  5,705            $  5,528           $  16,792            $ 15,939
                                          ========            ========           =========            ========

PER COMMON SHARE:
   Net income (basic)                     $    .26            $    .24           $    .75             $    .71
                                          ========            ========           =========            ========
   Net income (diluted)                   $    .25            $    .24           $    .74             $    .70
                                          ========            ========           ========             ========
   Dividends paid                         $    .10            $    .08           $    .28             $    .21
                                          ========            ========           ========             ========

Average common shares
   outstanding                              22,543              22,409             22,516               22,357
                                          ========            ========           ========             ========

Average common and common
   equivalent shares outstanding            22,651              22,868             22,730               22,841
                                          ========            ========           ========             ========

</TABLE>


            See notes to condensed consolidated financial statements.

                                        2


<PAGE>




                       ANALYSTS INTERNATIONAL CORPORATION

                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                              Nine Months Ended
                                                                  March 31
                                                              -----------------
(In thousands)                                               1999          1998
                                                             ----          ----
<S>                                                       <C>            <C>
Net cash provided by operating activities                $ 24,130       $ 4,560


Cash flows from investing activities:
  Property and equipment additions                        (17,584)       (3,884)
  Payments for acquisitions                                (3,847)            --
                                                          --------      --------
   Net cash used in investing activities                  (21,431)       (3,884)


Cash flows from financing activities:
  Cash dividends                                           (6,473)       (4,769)
  Proceeds from borrowings                                 20,000             --
  Proceeds from exercise of stock options                   1,448          1,163
                                                          --------      --------
  Net cash used in financing activities                    14,975        (3,606)


  Net change in cash and equivalents                       17,674        (2,930)

  Cash and equivalents at beginning of period              11,868        17,888
                                                          --------      --------

  Cash and equivalents at end of period                  $ 29,542       $14,958
                                                         =========      ========

</TABLE>

            See notes to condensed consolidated financial statements.

                                        3


<PAGE>



                       ANALYSTS INTERNATIONAL CORPORATION

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)

1.      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

        Condensed Consolidated Financial Statements - The condensed consolidated
        balance sheet as of March 31, 1999, the condensed consolidated
        statements of income for the three month and nine month periods ended
        March 31, 1999 and 1998 and the condensed consolidated statements of
        cash flows for the nine month periods then ended have been prepared by
        the Company, without audit. In the opinion of management, all
        adjustments (which include only normal recurring adjustments) necessary
        to present fairly the financial position, results of operations and the
        cash flows at March 31, 1999 and for the periods then ended have been
        made.

        The Company did not have any items of other comprehensive income in any
        of the periods presented.

        Certain information and footnote disclosures normally included in
        financial statements prepared in accordance with generally accepted
        accounting principles have been condensed or omitted. It is suggested
        these condensed consolidated financial statements be read in conjunction
        with the financial statements and notes thereto included in the
        Company's June 30, 1998 annual report to shareholders.

2.      LONG-TERM DEBT

        On December 30, 1998 the Company entered into a Notes Purchase Agreement
        whereby it sold $20,000,000 of 7% Senior Notes due December 30, 2006.
        Minimum future maturities on these Notes is as follows: 1999, $0; 2000,
        $0; 2001, $5,250,000; 2002, $4,000,000; 2003, $3,000,000; thereafter,
        $7,750,000. The agreement contains, among other things, provisions
        regarding maintenance of working capital and net worth and restrictions
        on payments of dividends on common stock. The Company's working capital
        and net worth are substantially in excess of the minimum net
        requirements and current dividend payments would not be restricted.

3.      SHAREHOLDERS' EQUITY

<TABLE>
<CAPTION>
                                                               Nine Months Ended
                                                                 March 31, 1999
                                                                 --------------
                                                                 (In thousands)
<S>                                                             <C>
        Balance at beginning of period                                $ 82,994 
        Cash dividends declared:
            August 20, 1998 at $.10 per share                           (2,252)
            December 17, 1998 at $.10 per share                         (2,256)
            February 18, 1999 at $.10 per share                         (2,256)
        Proceeds upon exercise of stock options                          1,279
        Stock-based compensation                                           163
        Net income                                                      16,792
                                                                        ------
        Balance at end of period                                      $ 94,464
                                                                        ======

</TABLE>

4.      NET INCOME PER COMMON SHARE

        Basic and diluted earnings per share are presented in accordance with
        Statement of Financial Accounting Standards (SFAS) No. 128, "Earnings
        per Share." The difference between average common shares and average
        common and common equivalent shares is the result of outstanding stock
        options.

                                        4


<PAGE>




5.      BUSINESS ACQUISITION

        On February 26, 1999, the Company acquired all of the assets of Real
        World Training Systems LLC, a Phoenix, Arizona based provider of 
        software services. The acquisition was accounted for by the purchase 
        method of accounting. Accordingly, the assets acquired, primarily 
        accounts receivable and property and equipment, were recorded at their 
        estimated fair values as of the date of the acquisition. The excess of 
        the purchase price over the estimated fair value of the assets acquired
        was recorded as goodwill and is being amortized on a straight-line 
        basis over a 12-year period.

                                        5



<PAGE>

     Item 2.

                      MANAGEMENT'S DISCUSSION AND ANALYSIS
                OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                    Nine Months Ended March 31, 1999 and 1998

CHANGES IN FINANCIAL CONDITION

Working capital at March 31, 1999 was $80.1 million, up 18.7% from the $67.5 
million at June 30, 1998. This includes cash and cash equivalents of $29.5 
million compared to $11.9 million at June 30, 1998 and accounts receivable of 
$99.9 million compared to $94.3 million at June 30, 1998. Ratios of current 
assets to current liabilities and total assets to total liabilities have 
decreased since June 30, 1998. On December 30, 1998, the Company entered into 
a Notes Purchase Agreement whereby it sold $20,000,000 of 7% Senior Notes due 
December 30, 2006. The increase in working capital and long-term debt and the 
changes in the ratios are due to cash provided by operating activities and 
the proceeds from the $20 million Notes Purchase Agreement which is being 
used to finance construction costs of the new corporate headquarters building.

The Company's primary need for working capital is to support accounts 
receivable resulting from the growth in its business and to fund the time lag 
between payroll disbursement and receipt of fees billed to clients. Over the 
past years, the Company has been able to support the growth in its business 
with internally generated funds. The Company's sub-supplier contracts are not 
expected to burden working capital.

In January 1998 the Company entered into an agreement to build a facility for 
use as its corporate headquarters and its Minneapolis branch operations. The 
Company expects construction and related costs will be approximately 
$21,300,000. These costs will be financed through the use of cash reserves 
and the proceeds of the Notes Purchase Agreement described above.

On December 17, 1998 the Board of Directors declared the regular quarterly 
dividend of $.10 per share payable February 12, 1999 to shareholders of 
record as of January 29, 1999.

On February 18, 1999 the Board of Directors declared the regular quarterly 
dividend of $.10 per share payable May 14, 1999 to shareholders of record as 
of April 30, 1999.

On February 26, 1999, the Company acquired all of the assets of Real World 
Training Systems LLC, a Phoenix, Arizona based provider of software services. 
The amount paid in connection with the purchase was paid entirely with 
internal funds.

The Company believes funds generated from its business, current cash balances 
and the above mentioned financing are adequate to meet demands placed upon 
its resources by its operations, capital investments and the payment of 
quarterly dividends.

The Company believes it has achieved Year 2000 compliance by replacing its 
computer systems with new, Y2K compliant hardware and software. The new 
hardware/software system was put into production February 1, 1999. The cost 
of the new system was approximately $3,000,000. The Company depends on its 
computer system for critical business functions, including time record 
keeping, billing, payroll, and accounts payable and receivable. The loss of 
these capabilities would have a material adverse impact on the Company. The 
Company believes, however, its new computer systems has remedied the 
millennium date change, however, if weaknesses (Y2K or otherwise) in the new 
system are discovered, the Company intends to develop a contingency plan, 
which will likely take into account the fact it has a staff of over 4,500 
computer programmers as well as a national Y2K practice which can assist in 
achieving Y2K compliance. The Company's business does not depend on raw 
materials, parts or other goods supplied by third parties and therefore, the

                                        6
<PAGE>

Company believes the inability of its vendors to achieve Y2K compliance would 
not have a material adverse impact on the Company. The Company does use 
utility services (electricity, telecommunication, natural gas and the like) 
for its offices, and interruption of these services could have a material 
adverse impact on the Company's operations. The inability of the Company's 
clients to achieve Y2K compliance could have an impact on their ability to 
pay the Company for the services it renders to them, with consequent adverse 
impact on the Company's cash flow. Nearly all of the Company's revenue is 
derived from services rendered to Fortune 1000 companies, and the Company 
considers it unlikely a material number of its customers would encounter Y2K 
compliance issues which would prevent them from paying the Company's invoices 
in a timely manner.

The Company's services addressing the Year 2000 problem involve key aspects 
of its clients' computer systems. A failure in a client's system could result 
in a claim for substantial damages against the Company, regardless of the 
Company's responsibility for such failure. Litigation, regardless of its 
outcome, could result in substantial cost to the Company. Accordingly, any 
contract liability claim or litigation against the Company could have an 
adverse effect on the Company's business, operations and financial results.

RESULTS OF OPERATIONS

The Company operates in one business segment.

Revenues provided directly for the nine months ended March 31, 1999 were 
$361.6 million, an increase of 9.8% over the same period a year ago. For the 
three months ended March 31, 1999 revenues provided directly were $119.8 
million, an increase of 3.1% over the same period a year ago. Nearly all of 
these increases are the result of increases in hourly rates. While the 
Company has been able to increase rates over the prior year, there can be no 
assurance the Company will be able to continue this as competitive conditions 
in the industry make it difficult for the Company to continually increase the 
hourly rates it charges for services. Revenues provided through sub-suppliers 
for the nine month period and quarter ended March 31, 1999 were $104.0 and 
$34.3 million, respectively. This represents increases of 7.0% and 1.6% over 
the same periods a year ago. These increases in sub-supplier revenues 
resulted almost exclusively from an increase in billable hours of service 
rendered to clients.

Personnel totaled 4,950 at March 31, 1999, compared to 5,250 at March 31, 
1998, a decrease of 5.7%.

Salaries, contracted services and direct charges, which represent primarily 
the Company's direct labor cost, were 78.4% of revenues for the nine months 
ended March 31, 1999 compared to 77.9% for the same period a year ago. These 
costs were 78.6% of revenues for the three months ended March 31, 1999 and 
78.2% of revenues for the three months ended March 31, 1998. By comparison, 
these costs were 78.7% of revenues for the second quarter of fiscal 1999 and 
78.0% of revenues for the first quarter of fiscal 1999. The increase in this 
expense category as a percentage of revenues is mostly a consequence of 
increased idle time and increases in labor costs. The Company's efforts to 
control these costs involve controlling labor costs, passing on labor cost 
increases through increased billing rates where possible, and maintaining 
productivity levels of its billable technical staff. Labor costs, however, 
are difficult to control because the highly skilled technical personnel the 
Company seeks to hire and retain are in great demand and intense competition 
in the industry makes it difficult to pass cost increases on to customers, 
while unfavorable economic conditions could adversely affect productivity. 
Productivity is being affected by the Y2K issue, as many clients are 
concentrating on compliance and testing for Y2K and postponing new 
applications to avoid testing complications as well as budget considerations. 
The Company believes demand for the services it provides should increase as 
clients address a backlog of projects, but there can be no assurance as to 
when or if this will occur. Although the Company has taken steps to control 
this category of expense, there can be no assurance the Company will be able 
to maintain or improve its gross margin.

Selling, administrative and other operating costs, which include commissions, 
employee fringe benefits and location costs, represented 15.8% of revenues 
for the nine months ended March 31, 1999 compared to 16.1% for the same 
period a year ago. These costs were 15.6% of revenues for the three months 
ended March 31, 1999 and 15.9% of revenues for the three months ended March 
31, 1998. While the Company is committed to careful management of these 
costs, there can be no assurance the Company will be able to maintain these 
costs at their current relationship to revenues.

                                       7
<PAGE>

Net income for the nine months ended March 31, 1999 increased 5.4% over the 
same period a year ago. As a percentage of revenue, net income has decreased 
from 3.7% for the nine months ended March 31, 1998 to 3.6% for the nine 
months ended March 31, 1999. Net income for the quarter, as a percentage of 
revenues, was 3.7% for both the three months ended March 31, 1999 and 1998. 
The Company's net income as a percentage of revenues provided directly was 
4.6% for the nine months ended March 31, 1999 compared to 4.8% for the same 
period a year ago. The Company's net income as a percentage of revenues 
provided directly for the three months ended March 31, 1999 and 1998 was the 
same at 4.8%.

                                       8
<PAGE>

PART II.  OTHER INFORMATION

     Item 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a)  Exhibit 27 - Financial Data Schedule.

     (b)  There were no reports on Form 8-K filed for the nine months ended
          March 31, 1999.

                                       9
<PAGE>

CAUTIONARY STATEMENT UNDER THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995

Statements included in this document may be "forward-looking statements" 
within the meaning of the term in Section 27A of the Securities Act of 1933 
as amended, and of Section 21F of the Securities Exchange Act of 1934, as 
amended. Additional oral or written forward-looking statements may be made by 
the Company from time to time, and such statements may be included in 
documents that are filed with the Securities and Exchange Commission. Words 
such as "believes," "intends," "possible," "expects," "estimates" 
"anticipates," or "plans" and similar expressions are intended to identify 
forward-looking statements, although forward-looking statements may exist 
without such expressions.

Forward-looking statements are based on expectations and assumptions, and 
they involve risks and uncertainties which could cause results or outcomes to 
differ materially from expectations. Among the risks and uncertainties 
important to the Company's business are (i) the continued need of current and 
prospective customers for the Company's services, (ii) the renewal of 
contracts with customers, especially major customers, (iii) the cancellation 
of contracts by customers, especially major customers, (iv), competition, (v) 
the availability of qualified professional staff, (vi) the Company's ability 
to increase hourly billing rates as labor and operating costs increase, (vii) 
the Company's ability to continue to operate its business and support growth 
with internally generated funds and (viii) the impact of Y2K. There may be 
other factors, such as general economic conditions which affect businesses 
generally, which may cause results to vary from expectations.

                                       10
<PAGE>

                                    SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this report to be signed on its behalf by the 
undersigned thereunto duly authorized.

                                    ANALYSTS INTERNATIONAL CORPORATION
                                                (Registrant)


Date  May 14, 1999                  By /s/ Gerald M. McGrath
                                       ---------------------------------------
                                       Gerald M. McGrath
                                       Treasurer and Chief Financial Officer

Date  May 14, 1999                  By /s/ Marti R. Charpentier
                                       ---------------------------------------
                                       Marti R. Charpentier
                                       Controller and Assistant
                                       Treasurer (Chief Accounting Officer)

                                       11