NASDAQ$TRNS

Transcat Inc · Q4 2026 earnings

Q4 2026 earnings · · After market close · Investor relations

Briefing

Transcat reported robust Q4 2026 results with 15.8% revenue growth driven by service and distribution segments.

Transcat achieved consolidated revenue of $89.3 million in Q4 2026, up 15.8% year-over-year, with service revenue growing 18.4% and distribution revenue increasing 10.5%. Gross margin expanded 50 basis points to 34.1%, while adjusted EBITDA rose 16% to $14.8 million. The company guided for continued high single-digit service organic revenue growth in fiscal 2027.

  • Q4 service revenue rose 18% to $61.6 million with 7% organic growth.
  • Distribution revenue grew 11% to $27.8 million with gross margin expanding 280 bps to 31.0%.
  • Adjusted EBITDA increased 16% to $14.8 million at 16.6% margin.
  • Full-year revenue reached $331.9 million, up 19%, with guidance for high single-digit service organic growth in FY2027.

Headline financials

Total Revenue

$89.3M

Previous: $77.1M+15.8%
EPS (adj)

$0.56

Previous: $0.64-12.5%
Gross Margin

34.1%

Previous: 33.6%+1.5%
Adjusted EBITDA

$14.8M

Previous: $12.7M+16.0%
Adjusted EBITDA Margin

16.6%

No prior period
Service Gross Margin

35.5%

Previous: 36.2%-1.9%
Distribution Gross Margin

31.0%

No prior period
Leverage Ratio

2.03

Previous: 0.78+160.3%
Adjusted Net Income

$5.24M

No prior period
Adjusted Net Margin

5.9%

No prior period
Free Cash Flow

$19.6M

No prior period
Net Income

$1.95M

Previous: $4.46M-56.4%
Operating Income

$4.33M

Previous: $6.94M-37.6%
Gross Profit

$30.5M

Previous: $25.9M+17.6%
Cash & Equivalents

$4.94M

No prior period
Total Assets

$480M

No prior period

Revenue & EPS history

Transcat · Revenue · Quarterly

$89.3M

Q4 2026+15.8%vs Q4 2025
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Transcat · $89.3M total across 2 segments · Q4 2026

  • Service
    $61.6M
  • Distribution
    $27.8M

Forward guidance

Company expects high single-digit service organic revenue growth for fiscal 2027 assuming stable economic environment.

Tailwinds

  • Strong customer retention and rising activity levels
  • Recent acquisition expands presence in Latin America
  • Continued focus on strategic M&A and rentals growth

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+3.7%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+16.9%

Q4 2013

Best reaction

-17.0%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026+8.9%+26.0%+11.6%
Q2 2026-11.5%-21.6%-24.3%
Q1 2026+2.7%+6.6%+0.3%
Q4 2025+15.7%+12.5%-0.1%
Q3 2025-12.7%-22.3%-18.5%
Q2 2025-17.0%-20.3%-12.3%
Q1 2025-16.5%-23.1%-13.8%
Q4 2024+15.2%+9.3%-1.5%
Q3 2024+10.9%+15.1%+5.7%
Q2 2024-1.6%-5.4%+7.6%
Q1 2024+4.5%+7.4%+22.7%
Q4 2023+4.8%+1.5%+3.4%
Q3 2023+2.6%+6.7%+9.4%
Q2 2023-12.2%-9.8%-2.6%
Q1 2023+8.8%+16.6%+18.9%
Q4 2022-2.8%-0.1%-6.8%
Q3 2022-12.9%-21.3%-17.6%
Q2 2022+11.4%+18.8%+18.7%
Q1 2022+4.0%+5.3%+9.9%
Q4 2021+15.8%+17.9%+14.0%
Q3 2021+8.7%+14.7%+21.3%
Q2 2021+8.5%+12.4%+14.8%
Q1 2021+1.9%+8.5%+11.2%
Q4 2020+0.4%-6.7%-9.2%
Q3 2020+0.4%+5.2%+0.5%
Q2 2020+9.5%+12.6%+20.2%
Q1 2020-1.1%-1.8%-6.8%
Q4 2019+4.5%+3.7%+8.8%
Q3 2019+1.1%+2.7%-0.3%
Q2 2019+2.4%+1.5%+0.5%
Q1 2019-4.6%-0.9%+6.8%
Q4 2018+4.9%+6.5%+21.9%
Q3 2018+8.6%+8.2%+7.9%
Q2 2018-1.5%-2.7%+0.6%
Q1 2018-0.4%+0.0%-1.9%
Q4 2017-4.5%-2.8%-3.2%
Q3 2017+10.3%+4.3%+10.2%
Q2 2017+2.3%+2.7%+6.2%
Q1 2017+1.0%+4.2%+9.5%
Q4 2016-6.9%
Q3 2016-1.3%
Q2 2016-4.5%
Q1 2016+2.1%
Q4 2015+1.5%
Q3 2015-3.0%
Q2 2015+4.5%
Q1 2015-8.9%
Q4 2014-3.0%
Q3 2014-8.1%
Q2 2014-3.9%
Q1 2014+5.9%
Q4 2013+16.9%
Q3 2013+7.8%
Q2 2013-1.7%
Q1 2013-0.8%
Q4 2010+1.9%
Q4 2012-2.7%
Q3 2011-7.7%
Q3 2012+1.0%
Q2 2012+0.0%
Q1 2011+1.1%
Q2 2011+1.1%
Q4 2011+1.1%
Q1 2012-10.1%

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