TRNS · Transcat Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $76.42M | $83.86M | $82.27M | $66.71M | $66.75M | $67.83M | - | $65.17M | $62.80M | $47.79M |
| Cost of Revenue | $50.60M | $58.60M | $55.51M | $44.05M | $47.08M | $46.62M | - | $44.23M | $42.68M | $34.27M |
| Gross Profit | $25.82M | $25.25M | $26.76M | $22.66M | $19.68M | $21.21M | - | $20.94M | $20.13M | $13.52M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $10.97M | $13.77M | $12.63M | $9.76M | $9.46M | $9.29M | - | $9.12M | $11.63M | $4.83M |
| Total Operating Expenses | $20.48M | $25.16M | $23.26M | $17.56M | $17.58M | $17.47M | - | $16.64M | $18.48M | $9.83M |
| D&A | $4.11M | - | - | $4.11M | - | - | - | - | - | $1.99M |
| Operating Income | $5.34M | $88.0K | $3.50M | $5.10M | $2.10M | $3.73M | - | $4.29M | $1.64M | $3.69M |
| Interest Expense | $451.0K | $1.50M | $1.27M | $52.0K | $81.0K | $890.0K | - | $731.0K | - | - |
| Income Tax | $1.30M | ($338.0K) | $760.0K | $820.0K | $772.0K | $427.0K | - | $923.0K | $342.0K | ($194.0K) |
| Net Income | $4.41M | ($1.10M) | $1.27M | $4.41M | $2.36M | $3.29M | - | $3.35M | $460.0K | $3.69M |
| EPS - Basic | $0.35 | ($0.12) | $0.14 | $0.49 | $0.26 | $0.36 | - | $0.39 | $0.06 | $0.49 |
| EPS - Diluted | $0.35 | ($0.12) | $0.14 | $0.48 | $0.25 | $0.35 | - | $0.38 | $0.06 | $0.49 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.94M | $3.47M | $5.08M | $1.52M | $4.64M | $23.82M | $19.65M | $35.20M | $1.25M | $560.0K |
| Accounts Receivable | $65.17M | $58.75M | $62.57M | $55.94M | $51.62M | $48.93M | $47.78M | $43.31M | $44.38M | $42.36M |
| Inventory | $13.71M | $12.91M | $13.06M | $14.48M | $13.79M | $15.55M | $17.42M | $16.18M | $15.69M | $15.18M |
| Accounts Payable | $17.93M | $17.49M | $15.37M | $16.75M | $16.18M | $13.04M | $11.49M | $11.36M | $12.52M | $11.56M |
| Current Assets | $92.46M | $80.81M | $85.75M | $78.01M | $76.56M | $95.17M | $105.16M | $98.80M | $65.17M | $63.60M |
| Total Assets | $480.49M | $472.89M | $484.89M | $385.24M | $386.01M | $323.55M | $287.55M | $281.07M | $248.21M | $203.33M |
| Current Liabilities | $39.63M | $36.62M | $35.30M | $34.04M | $31.68M | $26.52M | $33.50M | $29.35M | $28.11M | $23.73M |
| Long-term Debt | $99.89M | $99.89M | $111.89M | $30.89M | $39.50M | $612.0K | $1.82M | $2.41M | $51.00M | $46.09M |
| Total Liabilities | $179.87M | $176.12M | $189.47M | $98.36M | $104.93M | $54.80M | $62.38M | $62.60M | $109.96M | $92.61M |
| Stockholders' Equity | $300.62M | $296.77M | $295.42M | $286.88M | $281.08M | $268.76M | $225.17M | $218.47M | $138.25M | $110.72M |
| Retained Earnings | $97.76M | $95.84M | $96.97M | $92.52M | $88.11M | $85.89M | $80.07M | $74.36M | $71.02M | $71.90M |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.92M | - | - | $8.92M | - | - | - | - | - | $2.06M |
| Investing Cash Flow | ($4.09M) | - | - | ($4.09M) | - | - | - | - | - | ($2.13M) |
| Financing Cash Flow | ($1.94M) | - | - | ($1.94M) | - | - | - | - | - | ($43.0K) |
| CapEx | $3.67M | - | - | $3.67M | - | - | - | - | - | $1.20M |
| Free Cash Flow | $5.25M | - | - | $5.25M | - | - | - | - | - | $852.0K |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.8% | 30.1% | 32.5% | 34.0% | 29.5% | 31.3% | - | 32.1% | 32.0% | 28.3% |
| Operating margin | 7.0% | 0.1% | 4.3% | 7.6% | 3.1% | 5.5% | - | 6.6% | 2.6% | 7.7% |
| EBITDA margin | 12.4% | - | - | 13.8% | - | - | - | - | - | 11.9% |
| Net margin | 5.8% | -1.3% | 1.5% | 6.6% | 3.5% | 4.8% | - | 5.1% | 0.7% | 7.7% |
| Free cash flow margin | 6.9% | - | - | 7.9% | - | - | - | - | - | 1.8% |
| FCF / Net income | 1.19 | - | - | 1.19 | - | - | - | - | - | 0.23 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 14.4% | 16.4% | 15.4% | 14.6% | 14.2% | 13.7% | - | 14.0% | 18.5% | 10.1% |
| Effective tax rate | 22.8% | - | 37.5% | 15.7% | 24.7% | 11.5% | - | 21.6% | 42.6% | -5.6% |
| Return on assets | 0.9% | -0.2% | 0.3% | 1.1% | 0.6% | 1.0% | - | 1.2% | 0.2% | 1.8% |
| Return on equity | 1.5% | -0.4% | 0.4% | 1.5% | 0.8% | 1.2% | - | 1.5% | 0.3% | 3.3% |
| Return on invested capital | 1.0% | 0.0% | 0.5% | 1.4% | 0.5% | 1.2% | - | 1.5% | 0.5% | 2.4% |
| Liquidity | ||||||||||
| Current ratio | 2.33 | 2.21 | 2.43 | 2.29 | 2.42 | 3.59 | 3.14 | 3.37 | 2.32 | 2.68 |
| Quick ratio | 1.99 | 1.85 | 2.06 | 1.87 | 1.98 | 3.00 | 2.62 | 2.81 | 1.76 | 2.04 |
| Cash ratio | 0.12 | 0.09 | 0.14 | 0.04 | 0.15 | 0.90 | 0.59 | 1.20 | 0.04 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | 0.33 | 0.34 | 0.38 | 0.11 | 0.14 | 0.00 | 0.01 | 0.01 | 0.37 | 0.42 |
| Debt / Assets | 0.21 | 0.21 | 0.23 | 0.08 | 0.10 | 0.00 | 0.01 | 0.01 | 0.21 | 0.23 |
| Debt / EBITDA | 10.57 | - | - | 3.35 | - | - | - | - | - | 8.12 |
| Interest coverage | 11.8x | 0.1x | 2.8x | 98.1x | 25.9x | 4.2x | - | 5.9x | - | - |
| Equity multiplier | 1.60 | 1.59 | 1.64 | 1.34 | 1.37 | 1.20 | 1.28 | 1.29 | 1.80 | 1.84 |
| Liabilities / Assets | 0.37 | 0.37 | 0.39 | 0.26 | 0.27 | 0.17 | 0.22 | 0.22 | 0.44 | 0.46 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | 0.18 | 0.17 | 0.17 | 0.17 | 0.21 | - | 0.23 | 0.25 | 0.24 |
| Inventory turnover | 3.69 | 4.54 | 4.25 | 3.04 | 3.41 | 3.00 | - | 2.73 | 2.72 | 2.26 |
| Days sales outstanding | 311d | 256d | 278d | 306d | 282d | 263d | - | 243d | 258d | 323d |
| Days inventory outstanding | 99d | 80d | 86d | 120d | 107d | 122d | - | 134d | 134d | 162d |
| Days payable outstanding | 129d | 109d | 101d | 139d | 125d | 102d | - | 94d | 107d | 123d |
| Cash conversion cycle | 281d | 227d | 262d | 287d | 264d | 283d | - | 282d | 285d | 362d |
| Valuation | ||||||||||
| P / E | 203.8x | - | 522.9x | 152.9x | 424.0x | 347.1x | - | 283.3x | 1583.5x | 178.0x |
| P / B | 2.2x | 1.9x | 2.3x | 2.4x | 3.5x | 4.2x | - | 4.3x | 5.5x | 0.0x |
| P / S | 8.8x | 6.5x | 8.4x | 10.1x | 14.8x | 16.6x | - | 14.5x | 12.0x | 0.0x |
| EV / EBITDA | 80.9x | - | - | 76.4x | - | - | - | - | - | 8.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | 14.6% | 25.6% | 21.3% | - | 2.4% | - | - | 13.5% | 24.6% | 0.0% |
| Revenue CAGR (3y) | 16.9% | 13.5% | 9.4% | 11.8% | 9.5% | 10.4% | - | 13.9% | 14.6% | 7.1% |
| Revenue CAGR (5y) | - | 13.7% | 14.6% | 11.4% | 9.1% | 10.2% | - | 9.8% | - | 5.4% |
| Gross profit growth (YoY) | 14.0% | 28.3% | 26.2% | - | -6.0% | - | - | 27.7% | 37.7% | 0.0% |
| Operating income growth (YoY) | 4.7% | -95.8% | -6.2% | - | -51.1% | - | - | 35.8% | -54.1% | 0.0% |
| Net income growth (YoY) | 0.0% | - | -61.4% | - | -29.6% | - | - | 109.1% | -84.7% | 0.0% |
| EPS growth (YoY) | -27.1% | - | -60.0% | - | -34.2% | - | - | 81.0% | -85.0% | 0.0% |
| EPS CAGR (3y) | -10.6% | - | 32.6% | -0.7% | 6.0% | -4.4% | - | 18.2% | -42.8% | 64.5% |
| EPS CAGR (5y) | - | - | -12.3% | 34.3% | 4.6% | 1.8% | - | 12.6% | - | 20.9% |
| FCF growth (YoY) | 0.0% | - | - | - | - | - | - | - | - | 0.0% |
| FCF CAGR (5y) | - | - | - | 13.6% | - | - | - | - | - | - |
| Book value growth (YoY) | 4.8% | 5.6% | 9.9% | 27.4% | 28.7% | - | 103.4% | 129.3% | 71.2% | 28.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-29.
Business segments
$278.42M totalService Segment$181.43M · 65.2%
Distribution Segment$96.99M · 34.8%
Product / service
$278.42M totalService$181.43M · 65.2%
Distribution Service$96.99M · 34.8%
Geographic
$278.42M totalUS$255.81M · 91.9%
CA$17.16M · 6.2%
Other International$5.45M · 2.0%
Peer comparison
Same SIC group: Instruments For Meas & Testing of Electricity & Elec Signals
Comparing TRANSCAT INC against the 5 most active filers in the same SIC group.