Transcat
Provides calibration and compliance services alongside test-and-measurement instrument sales and rentals.
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Profile
Provides calibration, reliability, compliance, validation, and asset-management services through its Service segment. Distribution sells and rents test-and-measurement instruments with related calibration and value-added services for highly regulated customers that need accurate equipment and documented controls.
Provides calibration, reliability, compliance, validation, and asset-management services through its Service segment. These offerings help highly regulated life-sciences, aerospace-and-defense, and energy-and-utilities customers maintain accurate equipment and documented controls.
Sells and rents test-and-measurement instruments, with related calibration and value-added distribution services, through Distribution. Operations are concentrated in the United States, while the acquisition program has expanded calibration capabilities into Canada, Ireland, and Costa Rica.
Grows through organic revenue and acquisitions that add service capacity, technical capabilities, and geographic coverage. The business is shaped by customers' needs for accuracy, equipment reliability, and compliance in regulated environments.
Company facts
Key statistics
Year to date +49.8% · Average volume (30d) 132.3K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Oct 23, 2025 | Northland Securities | Target | $110 | $95 | ||
| Jan 29, 2025 | Oppenheimer | Downgrade | Outperform | Perform |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q1 FY27 | $0.38 | $0.14 | −62.9% | $86.6M | $92.9M | +7.4% | +2.02% |
| May 26, 2026Q4 FY26 | $0.51 | $0.56 | +9.8% | $89.8M | $89.3M | −0.5% | +5.06% |
| Feb 3, 2026Q3 FY26 | $0.32 | $0.26 | −17.5% | $80.6M | $83.9M | +4.0% | +11.54% |
| Nov 3, 2025Q2 FY26 | $0.46 | $0.44 | −4.3% | $79.7M | $82.3M | +3.2% | −11.71% |
Financial highlights
| 12 quarters | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|
| Revenue | $77.1M | $77.1M | $82.3M | $83.9M | $89.3M | $92.9M | |
| Gross profit | $25.9M | $25.9M | $26.8M | $25.3M | $30.5M | $30.7M | |
| Operating income | $6.9M | $6.9M | $3.5M | $88.0K | $3.2M | $3.7M | |
| Net income | $4.5M | $4.5M | $1.3M | −$1.1M | $1.9M | $1.3M | |
| Diluted EPS | $0.48 | $0.48 | $0.14 | −$0.12 | $0.21 | $0.14 | |
| Gross margin | 33.6% | 33.6% | 32.5% | 30.1% | 34.1% | 33.1% | |
| Operating margin | 9.0% | 9.0% | 4.3% | 0.1% | 3.6% | 4.0% |
Fiscal years (4-quarter sums)FY22 $230.6M · FY23 $250.6M · FY24 $259.5M · FY25 $279.5M · FY26 $332.6M
Revenue by product · Q1 FY27
Revenue by geography · Q1 FY27
Balance sheet, Jun 27, 2026Cash & short-term investments $6.7M · Total debt $143.2M · Total assets $492.6M · Shareholders' equity $302.9M
Dividends
No dividends on record.
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 9.36M · Float 9.14M · 97.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Neuberger Berman Group LLC | 825.7K | 8.82% | 13F | May 14, 2026 |
| BlackRock, Inc. | 674.9K | 7.21% | 13F | May 13, 2026 |
| Hood River Capital Management LLC | 614.6K | 6.57% | 13F | May 15, 2026 |
| Royce & Associates LP | 614.3K | 6.58% | 13G | Apr 22, 2026 |
| Conestoga Capital Advisors, LLC | 512.5K | 5.48% | 13F | Apr 24, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Christopher P. Gillette | director | −504 | $94.23 |
| Aug 6, 2026 | Craig D. Cairns | director | +1,050 | $93.97 |
Peers
- Keysight Technologies
Calibration and electronic test solutions for regulated technical users
- Fortive
Fluke and Tektronix span calibration, test tools, and asset workflows
- AMETEK
Advanced test, measurement, and calibration instruments across core end markets
- Viavi Solutions
Test, measurement, repair, and calibration support for technical networks
- Mistras Group
Asset-protection testing and inspection for industrial critical assets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Transcat | $85.85 | +0.25% | $803.5M | 232.0 | 44.3 | 2.3 | +21.6% |
| Keysight Technologies | $319.97 | +0.09% | $54.68B | 44.1 | 24.0 | 8.3 | +36.5% |
| Fortive | $59.69 | 0.00% | $18.03B | 35.1 | 19.2 | 4.2 | −27.8% |
| AMETEK | $236.99 | +0.31% | $54.15B | 34.5 | 27.1 | 6.9 | +15.0% |
| Viavi Solutions | $36.96 | +1.18% | $9.01B | — | 22.7 | 5.9 | +52.5% |
| Mistras Group | $18.49 | 0.00% | $588.3M | 22.2 | 15.9 | 0.8 | +4.2% |
| Median | 34.8 | 22.7 | 5.9 | +15.0% |







