Transcat Inc (TRNS) Financial Statements
Industry: Instruments For Meas & Testing of Electricity & Elec Signals
In fiscal 2026, Transcat reported revenue of $331.9M, up 19.2% from $278.4M the year before. Net income was $5.4M (a 1.6% net margin), or $0.57 per diluted share. Gross margin was 32.6% and operating margin was 4.0%. Operating activities generated $34.9M of cash, leaving $19.6M of free cash flow. At fiscal year end, Transcat held $480.5M in total assets against $179.9M in total liabilities, including $4.9M of cash and equivalents.
Open the full interactive Transcat financials → Quarterly statements, key ratios, valuation history and price charts.
Transcat Key Stats
| Share Price | $86.94 |
|---|---|
| Market Cap | $823.6M |
| P/E Ratio | 152.5 |
| Revenue YoY Growth | +19.2% |
| 52-Week Range | $52.06 – $97.76 |
| Shares Outstanding | 9.4 million (basic, 2027 Q1) |
Transcat Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $173.3M | $205.0M | $230.6M | $259.5M | $278.4M | $331.9M |
| Cost of Goods Sold | $127.2M | $146.5M | $162.2M | $175.7M | $189.0M | $223.6M |
| Gross Profit | $46.1M | $58.4M | $68.4M | $83.8M | $89.5M | $108.3M |
| Operating Income | $11.1M | $14.1M | $16.2M | $19.8M | $17.9M | $13.3M |
| Pre-Tax Income | $10.0M | $13.2M | $13.5M | $18.4M | $18.3M | $8.0M |
| Income Tax | $2.2M | $1.8M | $2.8M | $4.8M | $3.8M | $2.6M |
| Net Income | $7.8M | $11.4M | $10.7M | $13.6M | $14.5M | $5.4M |
| Diluted EPS | $1.03 | $1.50 | $1.40 | $1.63 | $1.57 | $0.57 |
Transcat Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $82.3M | $83.9M | $89.3M | $92.9M |
| Net Income | $1.3M | -$1.1M | $1.9M | $1.3M |
| Diluted EPS | $0.14 | -$0.12 | $0.21 | $0.14 |
Transcat Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $560,000 | — | — | $19.6M | $1.5M | $4.9M |
| Current Assets | $48.9M | $59.7M | $67.6M | $105.2M | $78.0M | $92.5M |
| Total Assets | $132.1M | $177.8M | $195.7M | $287.6M | $385.2M | $480.5M |
| Current Liabilities | $25.1M | $27.7M | $28.3M | $33.5M | $34.0M | $39.6M |
| Total Long-Term Debt | $19.6M | $48.5M | $49.1M | $4.2M | $32.7M | $99.9M |
| Total Liabilities | $57.0M | $91.6M | $96.1M | $62.4M | $98.4M | $179.9M |
| Shareholders' Equity | $75.1M | $86.2M | $99.6M | $225.2M | $286.9M | $300.6M |
Transcat Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $23.6M | $17.6M | $17.0M | $32.6M | $39.0M | $34.9M |
| Cash From Investing | -$10.2M | -$39.9M | -$18.5M | -$41.7M | -$84.0M | -$97.8M |
| Cash From Financing | -$12.7M | $23.7M | $876,000 | $27.4M | $26.9M | $66.5M |
| Free Cash Flow | $17.0M | $7.5M | $7.5M | $19.3M | $25.8M | $19.6M |
Figures from Transcat's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Transcat financials page for every line item.
Transcat Company Profile
| Ticker | TRNS |
|---|---|
| Exchange | Nasdaq |
| Industry | Instruments For Meas & Testing of Electricity & Elec Signals |
| Headquarters | Rochester, New York |
| Incorporated in | Ohio |
| Fiscal Year End | March 27 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000099302 |
Frequently Asked Questions
What was Transcat's revenue in fiscal 2026?
Transcat (TRNS) reported revenue of $331.9M for fiscal 2026.
What is Transcat's annual revenue history?
Transcat's annual revenue by fiscal year: 2021: $173.3M; 2022: $205.0M; 2023: $230.6M; 2024: $259.5M; 2025: $278.4M; 2026: $331.9M.
What was Transcat's net income in fiscal 2026?
Transcat reported net income of $5.4M for fiscal 2026.
What was Transcat's earnings per share (EPS) in fiscal 2026?
Transcat's diluted EPS was $0.57 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Transcat generate in fiscal 2026?
Transcat generated $19.6M of free cash flow in fiscal 2026.
What was Transcat's revenue last quarter?
In its most recent reported quarter (2027 Q1), Transcat reported revenue of $92.9M.
How much debt does Transcat have?
Transcat reported $99.9M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Transcat are outstanding?
Transcat reported a weighted average of 9.4 million basic shares outstanding in 2027 Q1.
What is Transcat's market cap?
Based on its latest closing price, Transcat (TRNS) has a market capitalization of about $823.6M.
When does Transcat's fiscal year end?
Transcat's fiscal year end, as registered with the SEC, is March 27.
Where is Transcat headquartered?
Transcat lists its business address in Rochester, New York in its SEC filings.