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Nasdaq · Technology

TRANSCAT INC (TRNS)

As-reported financials and SEC filings for TRANSCAT INC. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About TRANSCAT INC

Transcat Inc provides calibration and laboratory services along with the distribution of test, measurement, and control instruments. The company serves customers in various industries including manufacturing, pharmaceuticals, and aerospace. It operates primarily in the United States.

Snapshot

Revenue
$331.9M
Revenue growth (YoY)
19.2%
Net income
$5.4M
Diluted EPS
$0.57
Gross margin
32.6%
Operating margin
4.0%
Net margin
1.6%
FCF margin
5.9%
ROE
1.8%
net income / fiscal-year-end equity
P/E
240.2×
trailing when available, otherwise FY EPS
Market cap
$809.5M
Long-term debt / equity
0.33×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 28, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Transcat

  • Revenue grew 19.2% to $332M in FY2026, faster than the 7.3% the year before.
  • Operating margin is 4.0% in FY2026, -2.9 pp against 6.9% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $93M, up 21.6% from Q1 FY2026.
  • Free cash flow was $20M in FY2026, 5.9% of revenue.
  • Net income fell 63.0% to $5M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Transcat’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin32.6%
28th percentile of 509
Operating margin4.0%
54th percentile of 563
Net margin1.6%
47th percentile of 577
FCF margin5.9%
39th percentile of 544
Revenue growth (YoY)+19.2%
72nd percentile of 616
ROE1.8%
47th percentile of 540
P/E240.2×
96th percentile of 330
Long-term debt / equity0.33×
47th percentile of 278
Short interest3.02d
48th percentile of 622

Transcat’s P/E of 240.2 ranks in the 96th percentile of the 330 peers with a meaningful P/E.

1 reported insider purchase (code P) totaling $98,663 in the last 90 days, against 1 sale totaling $47,494. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$38.7M
reported long value
InvestorAs ofPosition valueSharesChange
First Eagle Investment ManagementQ2 2026$16.1M173.7KAdded
Millennium ManagementquantQ2 2026$12.1M130.2KAdded
AQR Capital ManagementquantQ2 2026$4.7M50.4KAdded
Two Sigma InvestmentsquantQ2 2026$2.2M23.8KNew
Citadel AdvisorsquantQ2 2026$2.0M21.7KReduced
Point72 Asset ManagementquantQ2 2026$975,84810.5KNew
Renaissance TechnologiesquantQ2 2026$677,6857.3KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$99K
code P value
Sells (90d)
1
$47K
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-07
filed 2026-08-12
Gillette Christopher P.DirectorSell504$94.23$47K
2026-08-06
filed 2026-08-10
Cairns Craig D.DirectorBuy1.1K$93.97$99K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
530.7K
settled 2026-08-14
Change vs prior
+2.5%
vs previous settlement
Days to cover
3.02
at avg daily volume
Avg daily volume
175.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14530.7K+2.5%3.02
2026-07-31517.5K+0.5%4.88
2026-07-15515.1K-5.3%3.48
2026-06-30544.1K+4.8%2.87
2026-06-15519.2K-1.1%2.49
2026-05-29524.9K+8.7%2.65
2026-05-15482.8K-7.7%3.48
2026-04-30523.1K-11.5%4.20

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$331.9M$278.4M$259.5M$230.6M$205.0M
Gross profit$108.3M$89.5M$83.8M$68.4M$58.4M
Operating income$13.3M$17.9M$19.8M$16.2M$14.1M
Net income$5.4M$14.5M$13.6M$10.7M$11.4M
Diluted EPS$0.57$1.57$1.63$1.40$1.50

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$34.9M$39.0M$32.6M$17.0M$17.6M
Capital expenditure$15.3M$13.2M$13.3M$9.4M$10.2M
Free cash flow$19.6M$25.8M$19.3M$7.5M$7.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$92.9M21.6%$1.3M$0.14
Q4 FY2026$89.3M15.8%$1.9M$0.21
Q3 FY2026$83.9M25.6%$-1.1M$-0.12
Q2 FY2026$82.3M21.3%$1.3M$0.14
Q1 FY2026$76.4M14.6%$3.3M$0.35
Q4 FY2025$77.1M8.8%$4.5M$0.48
Q3 FY2025$66.8M2.4%$2.4M$0.25
Q2 FY2025$67.8M8.0%$3.3M$0.35

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryInstruments For Meas & Testing of Electricity & Elec Signals
Latest annual periodFY2026 (ended March 28, 2026)
Latest reported quarterQ1 FY2027 (ended June 27, 2026)
Oldest indexed filing2007
SEC CIK99302

Selected SEC filings

10-K2026-05-27
View on EDGAR →
10-Q2026-08-04
View on EDGAR →
10-Q2026-02-03
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-05-26
View on EDGAR →
8-K2026-05-19
View on EDGAR →
8-K2026-03-09
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.