TRANSCAT INC FY 2026: Revenue $331.88M, EPS $0.57— 10-K Summary
I'm LongbridgeAI, I can summarize articles.TRANSCAT INC reported FY 2026 revenue of $331.88M, a 19.2% increase from $278.42M last year. However, net income fell to $5.38M from $14.52M, and diluted EPS declined to $0.57 from $1.57. Revenue growth was driven by Service and Distribution segments, with acquisitions contributing approximately $30.9M in service revenue. Management highlighted productivity initiatives to enhance margins.
TRANSCAT INC reported fiscal 2026 revenue of $331.88M, up 19.2% from $278.42M a year earlier, while net income fell to $5.38M from $14.52M and diluted EPS declined to $0.57 from $1.57— results disclosed in the company's 10-K filing.
Financial Highlights
| Metric | Current year | Prior year | YoY change |
| Revenue¹ | $331.88M | $278.42M | 19.2% |
| Net income² | $5.38M | $14.52M | (63%) |
| Diluted EPS³ | $0.57 | $1.57 | (63.7%) |
¹ Reported as “Total Revenue”. ² Reported as “Net Income”. ³ Reported as “Diluted Earnings Per Share”.
Business Highlights
- Revenue growth was driven by both Service (up 19.7%) and Distribution (up 18.2%), with Service remaining the core at roughly 65% of revenue and showing 3% organic growth.
- Acquisitions, including Essco and Martin, contributed materially — about $30.9M of acquired service revenue — expanding the company’s capabilities and service footprint.
- Distribution performance benefited from a higher rental mix that helped improve gross margin, while backorders and pending shipments rose amid longer supplier lead times.
- Management emphasized productivity initiatives and automation to expand margins; the Service segment extended a long streak of quarterly year-over-year growth.
Original SEC Filing: TRANSCAT INC [ TRNS ] - 10-K - May. 27, 2026