Transcat Inc income statement
In fiscal 2026, Transcat Inc reported revenue of $332m, up 19.2% on the year before, operating income of $13.3m (a 4.0% margin) and net income of $5.4m, or $0.57 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 91 | 110 | 112 | 119 | 124 | 122 | 144 | 155 | 161 | 173 | 173 | 205 | 231 | 259 | 278 | 332 | 348 |
| Cost of revenue | 62 | 68 | 55 | 55 | 53 | 57 | 93 | 109 | 118 | 122 | 131 | 127 | 147 | 162 | 176 | 189 | 224 | 235 |
| Gross profit | 19 | 23 | 27 | 27 | 30 | 29 | 29 | 35 | 37 | 39 | 42 | 46 | 58 | 68 | 84 | 89 | 108 | 113 |
| Selling and marketing | 11 | 12 | 14 | 13 | 14 | 14 | 14 | 17 | 17 | 17 | 18 | 18 | 21 | 25 | 29 | 33 | 43 | 45 |
| General and administrative | 6 | 7 | 8 | 8 | 9 | 8 | 9 | 10 | 12 | 12 | 14 | 17 | 24 | 27 | 35 | 38 | 52 | 57 |
| Operating income | 2 | 5 | 5 | 6 | 7 | 7 | 6 | 8 | 9 | 10 | 11 | 11 | 14 | 16 | 20 | 18 | 13 | 12 |
| Interest expense | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | 1 | 2 | 2 | 1 | 5 | 6 |
| Income before tax | 2 | 4 | 5 | 6 | 6 | 6 | 6 | 7 | 8 | 9 | 10 | 10 | 13 | 13 | 18 | 18 | 8 | 6 |
| Income tax | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 5 | 4 | 3 | 2 |
| Net income | 1 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 6 | 7 | 8 | 8 | 11 | 11 | 14 | 15 | 5 | 3 |
| Diluted EPS | $0.19 | $0.37 | $0.43 | $0.49 | $0.54 | $0.57 | $0.58 | $0.64 | $0.81 | $0.95 | $1.08 | $1.03 | $1.50 | $1.40 | $1.63 | $1.57 | $0.57 | $0.37 |
| Diluted shares (average) | 8m | 8m | 8m | 8m | 7m | 7m | 7m | 7m | 7m | 8m | 7m | 8m | 8m | 8m | 8m | 9m | 9m | 9m |
| EBITDA | 4 | 7 | 8 | 9 | 10 | 10 | 10 | 14 | 15 | 17 | 18 | 19 | 24 | 27 | 33 | 36 | 39 | 39 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 68 | 67 | 77 | 76 | 82 | 84 | 89 | 93 |
| Cost of revenue | 47 | 47 | 51 | 51 | 56 | 59 | 59 | 62 |
| Gross profit | 21 | 20 | 26 | 26 | 27 | 25 | 30 | 31 |
| Selling and marketing | 8 | 8 | 9 | 10 | 11 | 11 | 11 | 11 |
| General and administrative | 9 | 9 | 10 | 11 | 13 | 14 | 15 | 16 |
| Operating income | 4 | 2 | 7 | 5 | 4 | 0 | 4 | 4 |
| Interest expense | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 2 |
| Income before tax | 4 | 3 | 6 | 5 | 2 | −1 | 3 | 2 |
| Income tax | 0 | 1 | 2 | 1 | 1 | −0 | 1 | 1 |
| Net income | 3 | 2 | 4 | 3 | 1 | −1 | 2 | 1 |
| Diluted EPS | $0.35 | $0.25 | $0.48 | $0.35 | $0.14 | −$0.12 | $0.20 | $0.14 |
| EBITDA | 8 | 7 | 13 | 11 | 10 | 7 | 11 | 11 |
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