)
Visual
test
Transcat
Transcat (TRNS) investor relations material
Transcat Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Feb, 2026
Executive summary
Fiscal Q3 2026 revenue rose 26% year-over-year to $83.9 million, with double-digit growth in both service (up 29%) and distribution (up 20%) segments, driven by strong demand and acquisitions.
Organic service growth returned to 7.3%, contributing to overall service segment growth and reflecting normalized demand.
Instrument rental channel and recent acquisitions (Martin Calibration, Essco Calibration, Becnel) significantly contributed to growth and expanded geographic reach.
Management reaffirmed high single-digit organic service revenue growth guidance for Q4 and expressed optimism for continued momentum.
Net loss was $1.1 million, impacted by higher amortization, stock-based compensation, CEO transition costs, and interest expense.
Financial highlights
Gross profit increased 28% year-over-year to $25.3 million, with gross margin expanding 60 basis points to 30.1%.
Adjusted EBITDA rose 27% to $10.1 million, representing 12% of revenue, with margin expansion.
Adjusted Diluted EPS was $0.26, normalizing for acquisition and non-recurring costs.
Operating expenses rose 43% due to acquisitions, higher stock-based compensation, executive transition costs, and sales incentives.
Operating free cash flow for the nine months ended December 2025 was $16.9 million.
Outlook and guidance
High single-digit organic service revenue growth expected for Q4 and the remainder of fiscal 2026.
Management expects margin normalization over the next few quarters as onboarding costs subside.
Income tax rate projected between 30% and 32% for full fiscal year 2026.
Recent acquisitions and expanded geographic footprint are expected to support long-term shareholder value.
Service segment operating loss drivers?
Target leverage ratio and debt reduction plan?
Recurring vs. non-recurring operating expense growth?
When will service margin start-up costs normalize?
What is the long-term service opportunity in AI/data centers?
Recalibrate long-term organic growth due to onshoring?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 5344
Mixed results in 3Q, but key segments are recovering and record 4Q is expected. - SH
Sales rose but higher costs and flat state funding drove a significant operating loss. - APTUS
AUM up 21% YoY, profit up 26%, ROE at 20.2%, and strong asset quality and liquidity. - 1803
Profits and margins soared, with forecasts and dividends raised on robust order growth. - 7988
Operating profit margin held at 14.4% with higher dividends and a positive FY2025 outlook. - 4188
Net income surged on asset sales, but profit guidance was cut due to restructuring costs. - 4183
Sales and profits fell, guidance was cut, and major shareholder returns were announced. - NDA
FY 2025/26 EBT guidance raised as strong metal prices offset lower TC/RCs and higher costs. - 5411
Profits and revenue fell year-over-year, but India JV targets future overseas growth. - KESKOB
Profit and revenue rose in all divisions in 2025, with a positive outlook for 2026.
Next Transcat earnings date
Q4 202619 May, 2026
Transcat
Next Transcat earnings date
Q4 202619 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Transcat Inc. provides calibration and laboratory instrument services, along with the distribution of test, measurement, and control instrumentation. Its services support quality assurance and regulatory compliance in industries such as pharmaceuticals, aerospace, and energy. The company is headquartered in Rochester, New York, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage