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Transcat (TRNS) investor relations material
Transcat Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fiscal Q3 2026 revenue rose 26% year-over-year to $83.9 million, with both service and distribution segments achieving double-digit growth, driven by strong demand and acquisitions.
Service organic revenue growth returned to 7%–7.3%, contributing to overall service segment growth of 29%.
Gross margin expanded 60 basis points to 30.1%, and adjusted EBITDA increased 27% to $10.1 million.
Net loss was $1.1 million, primarily due to higher amortization, interest expense, stock-based compensation, and CEO transition costs.
CEO succession plan is nearing completion, with related one-time charges and additional search expenses expected in Q4.
Financial highlights
Consolidated gross profit rose 28% to $25.3 million, with gross margin at 30.1%.
Adjusted EBITDA grew 27% to $10.1 million, with margin expansion of 10 basis points.
Adjusted diluted EPS was $0.26, normalizing for acquisition and non-recurring costs.
Operating cash flow and free cash flow for the nine months ended December 2025 were $16.9–$17.9 million.
Total debt rose to $99.9 million, with leverage ratio at 2.00 and $50.1 million available under the credit facility.
Outlook and guidance
Management reaffirms high single-digit organic service revenue growth guidance for Q4 and the remainder of fiscal 2026.
Fiscal 2026 income tax rate expected to be 30%–32%.
Margin normalization expected as onboarding costs subside, with continued focus on organic growth and acquisitions.
Optimism for long-term shareholder value supported by recent acquisitions and expanded geographic footprint.
- TimeTickerHeadlineOpen
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Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
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