Transcat, Inc. Reports Fiscal Fourth Quarter and Full Year 2026 Financial Results

Transcat, Inc. reported its financial results for the fiscal fourth quarter and full year ended March 28, 2026. The company announced that its Q4 2026 service revenue increased by 18% to $61.6 million, and distribution revenue grew by 11% to $27.8 million. Gross margins expanded by 50 basis points to 34.1% in Q4. For the full fiscal year 2026, total revenue increased by 19% to $331.9 million, with a gross margin of 32.6%. The company guided for high single-digit service organic revenue growth in Fiscal 2027. Despite revenue growth, net income decreased to $1.9 million in Q4 and $5.4 million for the full year, impacted by increased operating expenses related to acquisitions and other costs. Adjusted EBITDA for the full year was $48.7 million, a 22.7% increase. The company also reported a significant increase in total debt to $99.9 million.