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Transcat

TRNS

Transcat Inc is a leading provider of accredited calibration, reliability, and compliance services, alongside value-added distribution of test and measurement instruments.

Market cap
$825.25M+1.3%
Revenue$331.9M+19.2%
Net income$5.4M-63.0%
Free cash flow$19.6M-24.2%
EPS (diluted)$0.57-63.5%
Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q4 2026 report

May 26, 2026
Revenue$89.3MMiss by $462.0KEPS$0.56Beat by $0.05

Next report

Aug 3, 2026 (In 3 weeks)
Revenue estimate$86.4M
EPS estimate$0.37

Financials

Q4 2026

Income statement

See full
Revenue$89.3M+15.8%
Gross profit$30.5M+17.6%
Operating income$4.3M-37.6%
Net income$1.9M-56.4%
EPS (diluted)$0.20-58.3%

Balance sheet

See full
Cash & equivalents$4.9M+226%
Total debt$133.6M+131%
Total equity$300.6M+4.8%
Total assets$480.5M+24.7%

Cash flow

See full
Operating cash flow$6.2M-41.7%
CapEx$3.6M+33.2%
Free cash flow$2.6M-67.1%

Valuation & ratios

Valuation

See full
Market cap$825.25M+1.3%
Enterprise value$953.89M+10.3%
P/E153.5×+93.3×
P/S2.5×-0.3×

Profitability

See full
Gross margin32.6%+0.5pp
Operating margin4%-2.4pp
Net margin1.6%-3.6pp
FCF margin5.9%-3.4pp

Returns & leverage

See full
Return on equity1.8%-3.8pp
Debt / equity0.4×+0.2×
Current ratio2.3×0.0×

Segments

By geography

See full
US$83.5M+16.8%
CA$4.7M+5.1%

By segment

See full
Distribution$27.8M+10.5%

By product

See full
Distribution Service$27.8M+10.5%

Competitors

By market cap

Amazon logo
Amazon$2.66T+12.0%
Keysight Technologies logo
Keysight Technologies$55.1B+96.9%
Fortive logo
Fortive$18.6B+3.5%
Applied Industrial Technologies logo
Applied Industrial Technologies$11.9B+28.2%
Chart Industries logo
Chart Industries$10.0B+36.4%
Ralliant Corp logo
Ralliant Corp$7.8B+50.1%
Vontier logo
Vontier$4.1B-27.3%
Transcat logo
Transcat$825.3M+2.6%

By revenue growth

Transcat logo
Transcat+19.2%
Keysight Technologies logo
Keysight Technologies+19.2%
Amazon logo
Amazon+14.2%
Applied Industrial Technologies logo
Applied Industrial Technologies+7.5%
Vontier logo
Vontier+4.1%
Fortive logo
Fortive+3.6%
Ralliant Corp logo
Ralliant Corp+1.3%
Chart Industries logo
Chart Industries-1.5%

By net margin

Keysight Technologies logo
Keysight Technologies17.31%-1.1pp
Vontier logo
Vontier13.37%+0.8pp
Fortive logo
Fortive12.84%-6.7pp
Amazon logo
Amazon10.65%+0.5pp
Applied Industrial Technologies logo
Applied Industrial Technologies8.34%-0.3pp
Transcat logo
Transcat1.62%-3.6pp
Chart Industries logo
Chart Industries-0.625%-6.7pp
Ralliant Corp logo
Ralliant Corp-58.55%-73.0pp

Profile

Transcat Inc is a leading provider of accredited calibration, reliability, and compliance services, alongside value-added distribution of test and measurement instruments. The company specializes in supporting highly regulated industries by ensuring the accuracy and integrity of critical measurement equipment through a network of specialized service centers and proprietary asset management software. Its core value proposition centers on reducing risk and ensuring regulatory compliance for complex manufacturing and research environments.

Competitive position

A leading North American provider with one of the broadest ISO/IEC 17025:2017 scopes of accreditation in the industry. It differentiates through a unique hybrid model of high-end technical services integrated with a large-scale distribution and rental platform.

GeographiesUnited States, Canada, Ireland, Puerto Rico, Costa Rica
Customer segmentsFDA-regulated businesses, Aerospace & Defense contractors, Utility operators, Life Science researchers
Business modelValue-added Distribution, Technical Services, Asset Management SaaS, Equipment Rental
SuppliersTest and measurement instrument manufacturers, Accreditation bodies (ANAB), National Measurement Institutes (NIST, NRC), Software providers (Infor, Salesforce)
CustomersPharmaceutical R&D facilities, Medical device manufacturers, Aerospace maintenance hubs, Power generation plants, Industrial process control sectors
CountryUnited States of America
Listed1977
Employees1.1K
CEOJaime A. Irick
SectorIndustrials
IndustryIndustrial - Distribution
Websitetranscat.com
FilingsSEC EDGAR

Questions, answered.

What is Transcat's market cap?
Transcat (TRNS) has a market capitalization of $825.3M and trades on NASDAQ.
What is Transcat's revenue and profitability?
Transcat generated $331.9M in trailing twelve-month revenue with net income of $5.4M, representing a net margin of 1.6%. Gross margin stands at 32.6%, with free cash flow of $19.6M. These figures are based on the Q1 2026 filing.
Who are Transcat's competitors?
Transcat's key competitors include Tektronix, Amazon.com, Inc., Fluke Corporation, and others. These companies compete in similar markets and product categories.
Who does Transcat partner with?
Transcat's notable partners include Infor, Inc., Salesforce.com, Inc..
What subsidiaries does Transcat have?
Transcat's subsidiaries include Essco Calibration Laboratory, LLC, Martin Calibration, LLC, Becnel Rental Tools, LLC, and others.
Where is Transcat headquartered?
Transcat is headquartered in United States of America and employs approximately 1,104 people. It has been publicly traded since 1977.