Quarterly ResultMay 15, 2026, 09:11 AM

Mastech Digital Q1 Revenue $41.08M; GAAP EPS $0.02; Business Realignment

AI Summary

Mastech Digital reported first quarter 2026 financial results, with consolidated revenues decreasing 15% year-over-year to $41.08 million. The company achieved GAAP net income of $0.26 million, a significant improvement from a loss in the prior year, and non-GAAP net income increased to $1.28 million. Mastech Digital also announced a business realignment into new Talent and Data & AI segments, aiming to strengthen integrated offerings and create long-term value.

Key Highlights

Realigned business into two new segments: Talent and Data & AI, effective January 1, 2026.
Consolidated revenues decreased 15% year-over-year to $41.08 million in Q1 2026.
GAAP net income was $0.26 million ($0.02 diluted EPS) in Q1 2026, up from a $(1.44) million loss in Q1 2025.
Non-GAAP net income increased 16.3% to $1.28 million ($0.11 diluted EPS) in Q1 2026.
Data & AI segment revenues declined 21% to $12.58 million year-over-year.
Talent segment revenues decreased 11.8% to $28.50 million year-over-year.
New bookings TCV increased to $7.0 million in Q1 2026 from $3.7 million in Q1 2025.
Total liquidity stood at $54.9 million, including $33.6 million in cash and no bank debt.

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MHH

Professional Services

Mastech Digital, Inc.

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