--- title: "STAK Inc (STAK) Stock Plunges Nearly 39% After Hours Despite Revenue Growth: Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/286364905.md" description: "Stak Inc. shares fell 38.56% to $1.45 in after-hours trading despite a revenue increase to $19.2 million for the first half of fiscal 2026, up 13.41% from $17 million last year. The decline in stock price follows a drop in net income to $1.8 million from $2 million, and diluted earnings per share decreased from $0.20 to $0.14. Prior to this, the stock had closed up 16.26% at $2.36, with a 52-week trading range of $0.29 to $3.97." datetime: "2026-05-14T05:41:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286364905.md) - [en](https://longbridge.com/en/news/286364905.md) - [zh-HK](https://longbridge.com/zh-HK/news/286364905.md) --- # STAK Inc (STAK) Stock Plunges Nearly 39% After Hours Despite Revenue Growth: Here's Why Stak Inc. shares on NASDAQ fell by 38.56% to $1.45 in after-hours trading following the release of their fiscal first-half 2026 financial results. The company, known for developing and manufacturing specialized production and maintenance equipment for oilfield services firms, experienced slowing profitability despite seeing a revenue increase. Their revenue for the first half of fiscal 2026 reached $19.2 million, a 13.41% rise from the previous year's $17 million, attributed to higher order volumes and pricing for specialized oilfield vehicles. However, net income decreased to $1.8 million from $2 million, with diluted earnings per share dropping from $0.20 to $0.14. Prior to this decline, Stak Inc. had closed the regular session up by 16.26% at $2.36, though the stock had seen a rise of 8.76% over the past year. Its trading range over the last 52 weeks has been between $0.29 and $3.97. ### Related Stocks - [STAK.US](https://longbridge.com/en/quote/STAK.US.md) ## Related News & Research - [STAK Inc. Announces First Half of Fiscal Year 2026 Financial Results | STAK Stock News](https://longbridge.com/en/news/286309172.md) - [If You Invested $100 In Nebius Group Stock 10 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/286795414.md) - [Micron or SanDisk: Billionaire Israel Englander Picks One AI Memory Stock Over the Other](https://longbridge.com/en/news/286826007.md) - [Is Micron Stock Expensive at $725? Here's the Math on Why Shares Are Still Dirt Cheap.](https://longbridge.com/en/news/286878649.md) - [Who Knew Glass Was So Important to AI? Corning's (GLW) Q1 Report Made It Clear](https://longbridge.com/en/news/286857040.md)