Transcat Inc (TRNS) FinancialsTRNSTranscat Inc

Transcat, Inc. (TRNS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Service, accounting for 67.3% of total sales, equivalent to $62.56M. Another important revenue stream is Distribution. Understanding this composition is critical for investors evaluating how TRNS navigates market cycles within the Business Support Services industry.

Evaluating the bottom line, Transcat, Inc. maintains a gross margin of 33.07%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 5.67%, while the net margin is 1.43%. These profitability ratios, combined with a Return on Equity (ROE) of 1.16%, provide a clear picture of how effectively TRNS converts its operational activities into shareholder value.

In the context of the broader market, TRNS competes directly with industry leaders such as EVLV and UMAC. With a market capitalization of $766.76M, it holds a significant position in the sector. When comparing efficiency, TRNS's gross margin of 33.07% stands against EVLV's 50.40% and UMAC's 34.25%. Such benchmarking helps identify whether Transcat, Inc. is trading at a premium or discount relative to its financial performance.

Transcat has shown a solid revenue growth of 22% year-over-year in Q1 2027, with a gross margin of 34.11%, indicating strong profitability. However, net income has fluctuated, with a recent loss in Q3 2026 of $1.1 million, which raises concerns about consistency.