Transcat Inc (TRNS) financials
Transcat revenue and earnings by year
Transcat's revenue was $332 million in the fiscal year to March 28, 2026, up 19.2% from the year before. Net income was $5.38 million, 1.6% of revenue. Since the fiscal year to March 25, 2017, revenue has grown 9.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 332 | 278 | 259 | 231 | 205 | 173 | 173 | 161 | 155 | 144 |
| Revenue growth | 19.2% | 7.3% | 12.5% | 12.5% | 18.2% | 0.1% | 7.6% | 3.7% | 7.8% | — |
| Gross profit | 108 | 89 | 84 | 68 | 58 | 46 | 42 | 39 | 37 | 35 |
| Gross margin | 32.6% | 32.1% | 32.3% | 29.6% | 28.5% | 26.6% | 24.5% | 24.5% | 24.1% | 24.3% |
| Operating income | 13 | 18 | 20 | 16 | 14 | 11 | 11 | 10 | 9 | 8 |
| Operating margin | 4.0% | 6.4% | 7.6% | 7.0% | 6.9% | 6.4% | 6.3% | 6.4% | 5.8% | 5.5% |
| Net income | 5 | 15 | 14 | 11 | 11 | 8 | 8 | 7 | 6 | 5 |
| Net margin | 1.6% | 5.2% | 5.3% | 4.6% | 5.6% | 4.5% | 4.7% | 4.4% | 3.8% | 3.1% |
| Diluted EPS | $0.57 | $1.57 | $1.63 | $1.40 | $1.50 | $1.03 | $1.08 | $0.95 | $0.81 | $0.64 |
| Free cash flow | 20 | 27 | 19 | 8 | 8 | 17 | 5 | 6 | 4 | 2 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TRNS in Markets.
How Transcat makes money
Revenue by segment in the quarter to June 27, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Service | $62.6M | 67.3% |
| Distribution | $30.4M | 32.7% |
See also: TRNS valuation and P/E history · TRNS returns
No forecast, no recommendation. This page describes Transcat Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.