Quarterly ResultMay 26, 2026, 04:13 PM
Transcat Q4 Revenue +15.8% to $89.3M; FY Revenue +19.2%
AI Summary
Transcat reported strong fiscal fourth quarter and full-year 2026 financial results. Q4 revenue increased 15.8% to $89.3 million, driven by 18% growth in service revenue (7% organic) and 11% growth in distribution revenue. Full-year revenue rose 19.2% to $331.9 million. While GAAP net income and diluted EPS decreased due to higher operating expenses from acquisitions and executive transition costs, adjusted EBITDA saw significant increases of 16% for Q4 and 22.7% for the full year. The company also announced the acquisition of SCM Metrology and Laboratories, expanding its presence into Latin America, and expects high single-digit service organic revenue growth for fiscal 2027.
Key Highlights
- Q4 fiscal 2026 total revenue increased 15.8% to $89.3 million.
- Q4 service revenue grew 18% to $61.6 million, with 7% organic growth.
- Q4 distribution revenue increased 11% to $27.8 million.
- Q4 adjusted EBITDA rose 16% to $14.8 million.
- Full-year fiscal 2026 total revenue increased 19.2% to $331.9 million.
- Full-year adjusted EBITDA grew 22.7% to $48.7 million.
- Company guides to high single-digit service organic revenue growth for fiscal 2027.
- Acquired SCM Metrology and Laboratories, establishing first operational presence in Latin America.
Price Impact
More from TRNS