What is Transcat's change in lease liabilities?

Transcat (TRNS) reported change in lease liabilities of -$3.06M in Q1 2026.

How has Transcat's change in lease liabilities changed year-over-year?

Transcat's change in lease liabilities decreased by 256.9% year-over-year, from -$856K to -$3.06M.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Transcat TRNS Change in Lease Liabilities

Change in Lease Liabilities at other companies

TIC Solutions TIC

-$5.8M-147%

PDF SolutionsPDFS

-$500K-13.6%

CohuCOHU

-$435K+66.3%

MSC Industrial Direct Co.MSM

-$5.9M+4.0%

Other financials

Income statement

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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

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Cash & equivalents$4.9M+226%

Total debt$133.6M+131%

Total equity$300.6M+4.8%

Total assets$480.5M+24.7%

Cash flow

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Operating cash flow$6.2M-41.7%

CapEx$3.6M+33.2%

Free cash flow$2.6M-67.1%

Valuation

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Market cap$858.22M+14.4%

Enterprise value$986.87M+22.3%

P/E159.6×+108×

P/S2.6×-0.1×

Profitability

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Gross margin32.6%+0.5pp

Operating margin4%-2.4pp

Net margin1.6%-3.6pp

FCF margin5.9%-3.4pp

Returns & leverage

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Return on equity1.8%-3.8pp

Debt / equity0.4×+0.2×

Current ratio2.3×0.0×

Where this comes from

Reported directly by Transcat in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Transcat’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Transcat's change in lease liabilities?: Transcat (TRNS) reported change in lease liabilities of -$3.06M in Q1 2026.
How has Transcat's change in lease liabilities changed year-over-year?: Transcat's change in lease liabilities decreased by 256.9% year-over-year, from -$856K to -$3.06M.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.