Mastech Digital Q2 revenue falls 15.6% to $41.4 million; GAAP results swing to a loss
Mastech Digital reported second-quarter 2026 revenue of $41.4 million, down 15.6% from a year earlier but up 0.9% from the first quarter, and a GAAP net loss of $100 thousand, or $(0.01) per share, compared with net income of $135 thousand, or $0.01 per share, a year earlier. The filing also discloses an August 1, 2026 grant of 50,000 restricted stock units to CEO Nirav Patel and the adoption of Second Amended and Restated Bylaws effective August 5, 2026.
Key points
- Q2 2026 revenue was $41.4 million, down from $49.1 million a year earlier, and up 0.9% sequentially
- GAAP net loss was $100 thousand, or $(0.01) per diluted share, versus net income of $135 thousand, or $0.01, in Q2 2025
- Non-GAAP diluted EPS was $0.08, compared with $0.15 in Q2 2025
- CEO Nirav Patel received 50,000 RSUs, vesting in three equal-to-near-equal installments over three years
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.