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Transcat TRNS Gross margin

Gross margin at other companies

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AmazonAMZN
50.6%+1.4pp
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Keysight TechnologiesKEYS
63.7%+1.2pp
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FortiveFTV
57.3%-0.7pp
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VontierVNT
45.5%+0.4pp
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
30.4%+0.1pp
Chart Industries logo
Chart IndustriesGTLS
32.5%-1.3pp

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$837.21M+11.6%
Enterprise value$965.85M+19.7%
P/E155.7×+104×
P/S2.5×-0.2×

Profitability

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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

Calculated from Transcat’s reported figures.

Based on trailing twelve months.

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 gross margin?
Transcat (TRNS) reported gross margin of 32.6% in Q1 2026.
How has Transcat's gross margin changed year-over-year?
Transcat's gross margin increased by 1.6% year-over-year, from 32.1% to 32.6%.
What is the long-term trend for Transcat's gross margin?
Over 5 years (2021 to 2026), Transcat's gross margin has grown at a 4.2% compound annual growth rate (CAGR), from 26.6% to 32.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.