Mastech Digital Reports First Quarter 2026 Results
Mastech Digital reported Q1 2026 revenue of $41.1 million, a 15% decline year-over-year, driven by a 21% drop in its Data & AI segment and an 11.8% drop in its Talent segment. The company realigned its business into two new segments, Talent and Data & AI, effective January 1, 2026, as part of its EDGE transformation initiative. GAAP operating income was $51,000, a significant improvement from a $1.85 million loss in Q1 2025, aided by reduced headcount and prior-year severance costs. New bookings showed positive momentum with $7.0 million in TCV, up from $3.7 million in the prior year.
Key figures
- Eps
- 0.02
- Revenue
- 41083000
- Revenue Yoy
- -15%
- Liquidity
- 54900000
- Gross margin
- 26.8%
- Non gaap eps
- 0.11
- Avg bill rate
- 90.91
- Talent revenue
- 28499000
- Data ai revenue
- 12584000
- Tvc new bookings
- 7000000
- Talent revenue yoy
- -11.8%
- Data ai revenue yoy
- -21%
- Non gaap net income
- 1281000
- Cash and equivalents
- 33600000
- Gaap operating income
- 51000
- Credit facility available
- 21300000
- Billable consultants decrease
- -20.8%
AI analysis
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