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Transcat (TRNS)
NASDAQ:TRNS
Earnings Data
Report Date
May 25, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.56Last Year’s EPS
0.64Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line and adjusted-profitability growth across both Service and Distribution segments (26% consolidated revenue growth, 29% service growth, 20% distribution growth), margin expansion (overall +60 bps, distribution +330 bps), robust adjusted EBITDA improvement and strategic acquisitions that broaden capabilities and geographic reach. Near-term GAAP results were weighed down by acquisition amortization, higher interest and CEO succession-related one-time charges, as well as temporary service margin pressure from onboarding new customers and elevated capex reducing operating cash flow. Management reaffirmed high-single-digit Q4 organic service growth and highlighted a healthy pipeline and improved balance sheet (2.0x leverage), supporting confidence in continued execution. Overall, the positives around growth, margin expansion, strategic M&A and liquidity outweigh the transitory headwinds.Company Guidance
Strong Consolidated Revenue Growth
Consolidated revenue increased 26% year-over-year to $83.9 million, driven by double-digit growth in both Service and Distribution segments.
Service Segment Outperformance and Organic Recovery
Service revenue grew 29% year-over-year, including 7% organic growth. This marked the company's 67th consecutive quarter of year-over-year growth (nearly 17 years).
Distribution Revenue and Rental Mix Expansion
Distribution revenue rose 20% to $30.2 million, with strong performance in both product sales and rentals; higher-margin rental mix drove improved profitability.
Gross Profit and Margin Expansion
Consolidated gross profit increased 28% to $25.3 million, and consolidated gross margins expanded by ~60 basis points year-over-year. Distribution gross profit rose 34% with a 330 basis-point margin expansion.
Adjusted EBITDA and Adjusted EPS Improvement
Adjusted EBITDA increased by approximately $2.2 million (27.2% per prepared remarks) to $10.1 million, with modest margin expansion, and adjusted diluted EPS was $0.26 for the quarter.
Strategic Acquisitions Increasing Capabilities
Two acquisitions—Martin Calibration and Essco Calibration—(the two largest in company history) expanded geographic footprint and technical capabilities; management is executing to capture sales and cost synergies.
Balance Sheet and Liquidity Position
Total debt at quarter-end was $99.9 million with $50.1 million available on the secured revolving credit facility and a leverage ratio reduced to 2.0x, reflecting sequential deleveraging as adjusted EBITDA grew.
Guidance and Pipeline Confidence
Management reaffirmed Q4 organic service revenue growth expectations in the high single-digit range and reported a strong new business pipeline and ongoing customer activity. Investments in AI, data sets, leadership and technology were cited as drivers of future differentiation.
TRNS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TRNS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $63.33 | $70.64 | +11.54% |
Nov 03, 2025 | $70.62 | $62.35 | -11.71% |
Aug 06, 2025 | $77.92 | $80.01 | +2.68% |
May 19, 2025 | $81.18 | $94.36 | +16.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Transcat (TRNS) report earnings?
Transcat (TRNS) is schdueled to report earning on May 25, 2026, After Close (Confirmed).
What is Transcat (TRNS) earnings time?
Transcat (TRNS) earnings time is at May 25, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRNS EPS forecast?
TRNS EPS forecast for the fiscal quarter 2026 (Q4) is 0.56.