Mastech Digital Q2 2026 results and bylaw changes
Mastech Digital, Inc. reported second‑quarter 2026 revenues of $41.4 million, down 15.6% from the prior year but up 0.9% sequentially.
Rhea-AI Filing Summary
Mastech Digital, Inc. reported second‑quarter 2026 revenues of $41.4 million, down 15.6% from the prior year but up 0.9% sequentially. Gross margin was 29.0%, compared with 28.1% a year earlier. GAAP results were a small net loss of $0.1 million, or $(0.01) per diluted share, while non‑GAAP net income was $0.976 million, or $0.08 per diluted share.
Data & AI revenues were $13,484 thousand, down 14.4% year over year but up 7.2% sequential, with bookings higher than in 2025. Talent revenues were $27,963 thousand, down 16.2% year over year and 1.9% sequential, reflecting client insourcing and exits from lower‑margin roles. Liquidity totaled $56.0 million, including $35.6 million in cash and $20.4 million of credit facility capacity, with no bank debt.
On August 1, 2026, CEO Nirav Patel received 50,000 restricted stock units, vesting in three annual installments beginning one year after grant. The board also adopted Second Amended and Restated Bylaws aligning with Pennsylvania corporate law, adding exclusive forum provisions and confirming board authority to amend the bylaws.
Positive
- None.
Negative
- Total revenues fell 15.6% year over year to $41.4 million in Q2 2026, with both Data & AI and Talent segments showing double‑digit revenue declines versus the prior‑year quarter.
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restricted stock units financial
exclusive forum selection provision regulatory
non-GAAP financial measures financial
Data & AI segment technical
agentic AI foundation technical
liquidity financial
Earnings Snapshot
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How did Mastech Digital (MHH) perform financially in Q2 2026?
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