--- title: "Transcat | 8-K: FY2026 Q4 Revenue Misses Estimate at USD 89.33 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/287674555.md" datetime: "2026-05-26T20:10:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287674555.md) - [en](https://longbridge.com/en/news/287674555.md) - [zh-HK](https://longbridge.com/zh-HK/news/287674555.md) generator: "portal-rs" --- # Transcat | 8-K: FY2026 Q4 Revenue Misses Estimate at USD 89.33 M Revenue: As of FY2026 Q4, the actual value is USD 89.33 M, missing the estimate of USD 89.79 M. EPS: As of FY2026 Q4, the actual value is USD 0.21, missing the estimate of USD 0.2275. EBIT: As of FY2026 Q4, the actual value is USD 4.209 M. ### Fiscal Fourth Quarter 2026 (Q4 FY26) Financial Highlights #### Overall Financial Performance - **Total Revenue**: Increased by 15.8% to $89,325 thousand, from $77,134 thousand in the prior year quarter . - **Gross Profit**: Rose by 17.6% to $30,468 thousand, from $25,913 thousand . - **Gross Margin**: Expanded by 50 basis points to 34.1%, compared to 33.6% . - **Operating Income**: Decreased by -37.6% to $4,332 thousand, from $6,940 thousand . - **Operating Margin**: Decreased to 4.8%, from 9.0% . - **Operating Expenses**: Increased by 37.8% to $26,136 thousand, from $18,973 thousand, driven by incremental expenses from acquired businesses, increased intangibles amortization, stock-based compensation, executive transition costs, and marketing spend . - **Net Income**: Decreased by -56.4% to $1,947 thousand, from $4,464 thousand . - **Net Margin**: Decreased to 2.2%, from 5.8% . - **Adjusted Net Income**: Decreased by -11.8% to $5,237 thousand, from $5,939 thousand . - **Adjusted Net Margin**: Decreased to 5.9%, from 7.7% . - **Adjusted EBITDA**: Increased by 16.0% to $14,788 thousand, from $12,745 thousand . - **Adjusted EBITDA Margin**: Increased to 16.6%, from 16.5% . #### Service Segment Performance (Q4 FY26) - **Service Revenue**: Increased by 18.4% to $61,570 thousand, from $52,010 thousand, including $5,802 thousand of incremental revenue from acquisitions . - **Service Organic Revenue**: Increased by 7% compared to the prior year quarter . - **Service Gross Profit**: Increased by 16.1% to $21,860 thousand, from $18,828 thousand . - **Service Gross Margin**: Decreased by 70 basis points to 35.5%, from 36.2%, primarily due to costs associated with new customer wins . - **Service Operating Income**: Decreased by -41.3% to $3,508 thousand, from $5,976 thousand . - **Service Operating Margin**: Decreased to 5.7%, from 11.5% . - **Service Adjusted Operating Income**: Increased by 8.6% to $11,202 thousand, from $10,318 thousand . - **Service Adjusted Operating Margin**: Decreased to 18.2%, from 19.8% . #### Distribution Segment Performance (Q4 FY26) - **Distribution Revenue**: Increased by 10.5% to $27,755 thousand, from $25,124 thousand, driven by improved rental sales . - **Distribution Gross Profit**: Increased by 21.5% to $8,608 thousand, from $7,085 thousand . - **Distribution Gross Margin**: Increased by 280 basis points to 31.0%, from 28.2%, driven by a favorable sales mix . - **Distribution Operating Income**: Decreased by -14.5% to $824 thousand, from $964 thousand . - **Distribution Operating Margin**: Decreased to 3.0%, from 3.8% . - **Distribution Adjusted Operating Income**: Increased by 41.7% to $3,709 thousand, from $2,618 thousand . - **Distribution Adjusted Operating Margin**: Increased to 13.4%, from 10.4% . ### Fiscal Year 2026 (FY26) Financial Highlights #### Overall Financial Performance - **Total Revenue**: Increased by 19.2% to $331,877 thousand, from $278,421 thousand . - **Service Revenue**: Increased by 19.7% to $217,209 thousand, from $181,428 thousand . - **Service Organic Revenue**: Increased by 3% to $183,291 thousand, from $177,979 thousand . - **Distribution Revenue**: Increased by 18.2% to $114,668 thousand, from $96,993 thousand . - **Gross Profit**: Increased by 21.1% to $108,304 thousand, from $89,453 thousand . - **Gross Margin**: Increased by 50 basis points to 32.6%, from 32.1% . - **Operating Income**: Decreased by -25.8% to $13,263 thousand, from $17,874 thousand . - **Operating Margin**: Decreased to 4.0%, from 6.4% . - **Net Income**: Decreased by -63.0% to $5,376 thousand, from $14,515 thousand . - **Net Margin**: Decreased to 1.6%, from 5.2% . - **Adjusted Net Income**: Decreased by -18.2% to $17,297 thousand, from $21,159 thousand . - **Adjusted Net Margin**: Decreased to 5.2%, from 7.6% . - **Adjusted EBITDA**: Increased by 22.7% to $48,739 thousand, from $39,732 thousand . - **Adjusted EBITDA Margin**: Increased to 14.7%, from 14.3% . ### Cash Flow and Balance Sheet Overview (Fiscal Year Ended March 28, 2026) - **Net Cash Provided by Operating Activities**: $34,850 thousand, compared to $38,985 thousand in FY25 . - **Operating Free Cash Flow**: $19,552 thousand, compared to $25,788 thousand in FY25 . - **Cash and Cash Equivalents**: $4,942 thousand as of March 28, 2026 . - **Total Debt**: $99,885 thousand as of March 28, 2026, compared to $32,708 thousand on March 29, 2025 . - **Net Debt**: $94,943 thousand as of March 28, 2026, compared to $31,191 thousand at the end of the prior fiscal year . - **Leverage Ratio**: 2.03 as of March 28, 2026, compared with 0.78 on March 29, 2025 . ### Outlook / Guidance Transcat, Inc. anticipates high single-digit service organic revenue growth for Fiscal 2027, assuming a stable economic environment . This growth is expected to be driven by strong customer retention, increased activity levels, and new business wins within the service segment . The company also plans to leverage strategic M&A, such as the SCM Metrology and Laboratories acquisition, to expand its geographic reach and foster future organic service revenue growth . ### Related Stocks - [TRNS.US](https://longbridge.com/en/quote/TRNS.US.md) ## Related News & Research - [Transcat buys Southeastern Biomedical for $12.8 million cash](https://longbridge.com/en/news/297521290.md) - [Transcat management attends Jefferies Global Industrials Conference in September](https://longbridge.com/en/news/297186504.md) - [Medtronic beats top-line and bottom-line estimates; raises FY26 outlook](https://longbridge.com/en/news/297640578.md) - [No. 10/2026 - INTERIM REPORT, H1 2026](https://longbridge.com/en/news/297007615.md) - [Sun Life sets Series 10R preferred dividend at $0.34 a share quarterly from Sept. 30](https://longbridge.com/en/news/297561840.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**