TRANSCAT INC FY 2026: Revenue $331.88M, EPS $0.57

TRANSCAT INC Fiscal 2026 Financial Results

TRANSCAT INC reported fiscal 2026 revenue of $331.88 million, up 19.2% from $278.42 million a year earlier. However, net income fell to $5.38 million from $14.52 million, and diluted earnings per share (EPS) declined to $0.57 from $1.57. These results were disclosed in the company's 10-K filing.

Financial Highlights

Revenue growth was driven by both Service (up 19.7%) and Distribution (up 18.2%) segments. Service remained the core segment, accounting for approximately 65% of revenue, and showed 3% organic growth. Acquisitions, including Essco and Martin, contributed materially — about $30.9 million of acquired service revenue — expanding the company’s capabilities and service footprint.

Distribution performance benefited from a higher rental mix that helped improve gross margin, while backorders and pending shipments rose amid longer supplier lead times. Management emphasized productivity initiatives and automation to expand margins; the Service segment extended a long streak of quarterly year-over-year growth.