Transcat (TRNS)
NASDAQ:TRNS
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Earnings Data
Report Date
Aug 03, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
0.38Last Year’s EPS
0.59Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial picture: strong top-line growth across segments, expanding adjusted EBITDA, margin improvements at the consolidated level, strategic M&A adding geographic reach, and disciplined capital deployment. Near-term challenges include service margin pressure driven by onboarding/start-up costs, a meaningful gap between GAAP and adjusted EPS due to non-operational charges, and working capital investments affecting free cash flow. Management provided clear strategies (operational excellence, AI/technology, focused M&A, rentals growth) and guidance that margins should normalize and improve in fiscal 2027, suggesting confidence in resolving near-term pressures.Company Guidance
Consolidated Revenue Growth
Fourth quarter consolidated revenue of $89.3 million, up 16% year-over-year; full year consolidated revenue of $331.9 million (rounded to $332M), up 19% year-over-year.
Service Segment Strength and Consistent Growth
Service revenue grew 18% in the fourth quarter and 20% for the full year; the company reported its 68th consecutive quarter of year-over-year service revenue growth. Service organic revenue in Q4 was reported at 7%.
Profitability Expansion (Gross Profit and Margins)
Consolidated gross profit in Q4 was $30.5 million, up 18% year-over-year, with consolidated gross margin expanding by 50 basis points to 34.1%. Full year gross profit increased 21% with a 50-basis-point margin expansion.
Adjusted EBITDA Growth
Adjusted EBITDA for the fourth quarter was $14.8 million, up 16% year-over-year with 10 basis points of margin expansion; full year adjusted EBITDA grew 23% to $48.7 million with margin expansion of 40 basis points.
Distribution / Rentals Momentum
Distribution revenue grew 11% in Q4 and 18% for the full year, driven by strong rental demand and product sales. Distribution gross margins expanded by 280 basis points in Q4 (distribution gross margin 31.0%). Company reiterated low-double-digit organic growth expectations for the rental business.
Strategic M&A and Geographic Expansion
Completed acquisition of SCM Metrology & Laboratories (Costa Rica), establishing the company's first operational presence in Latin America and expanding addressable markets in life sciences and medtech within free-trade zones; management indicated M&A will remain a cornerstone of growth.
Balance Sheet and Cash Flow Positioning
Operating free cash flow for fiscal 2026 was $19.6 million; capital expenditures were $15.3 million focused on service capabilities, rental assets and technology. Total debt $99.5 million with $100 million available on the revolver and a leverage ratio of 2.03x, showing sequential leverage reduction.
Management Strategy and Execution
New CEO emphasized four strategic pillars (high single-digit service organic growth, service gross margin expansion, strategic M&A, rentals growth), focus on operational excellence (Lean/Six Sigma), and investment in technology/AI to drive productivity and margins.
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 |
|---|---|---|---|
May 26, 2026 | $76.45 | $80.32 | +5.06% |
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% |
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 Aug 03, 2026, After Close (Confirmed).
What is Transcat (TRNS) earnings time?
Transcat (TRNS) earnings time is at Aug 03, 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 2027 (Q1) is 0.38.