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Transcat TRNS Operating lease liabilities

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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 operating lease liabilities?
Transcat (TRNS) reported operating lease liabilities of -$3.06M in Q1 2026.
How has Transcat's operating lease liabilities changed year-over-year?
Transcat's operating lease liabilities decreased by 256.9% year-over-year, from -$856K to -$3.06M.