# Transcat, Inc. (TRNS)

> Source: Nexqual · https://nexqual.com/TRNS · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Transcat, Inc. (TRNS), nexqual.com/TRNS" · informational, not investment advice.

**Price:** USD 81.84 (-5.18% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 86.31 · day 80.89–85.37 · 52w 50.23–100 · market cap $766M · NGM

## Key facts
- Last four reported quarters (through Jun 27, 2026): revenue $348M (SEC filings).
- 1 of 80 tracked superinvestors hold TRNS (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Total return with dividends: 1Y +4.8% vs S&P 500 +14.9%; 5Y +13.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.45, revenue estimate $92.4M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $205M | $231M | $259M | $278M | $332M | $348M |
| Gross profit | $58.4M | $68.4M | $83.8M | $89.5M | $108M | — |
| Operating income | $14.1M | $16.2M | $19.8M | $17.9M | $13.3M | — |
| Net income | $11.4M | $10.7M | $13.6M | $14.5M | $5.4M | — |
| EPS (diluted) | $1.50 | $1.40 | $1.63 | $1.57 | $0.57 | — |
| Free cash flow | $7.5M | $7.5M | $19.3M | $25.8M | $19.6M | — |
| Gross margin | 28.5% | 29.6% | 32.3% | 32.1% | 32.6% | — |
| Operating margin | 6.9% | 7.0% | 7.6% | 6.4% | 4.0% | — |
| Net margin | 5.6% | 4.6% | 5.3% | 5.2% | 1.6% | — |
| Revenue growth | +18.2% | +12.5% | +12.5% | +7.3% | +19.2% | — |
| Cash + short-term investments | $1.4M | $1.5M | $35.2M | $1.5M | — | — |
| Total debt | $48.5M | $49.1M | $4.2M | $32.7M | $99.9M | — |
Fiscal years end Mar. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 27, 2026)
P/S 2.2x · P/B 2.5x
P/E at fiscal year-ends: Mar 2026 128.2x, Mar 2025 47.5x, Mar 2024 68.2x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold TRNS. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.03% | $16.1M | Added +13.5% |

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Northland Capital Markets | Upgrade | Market Perform → Outperform | $95 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +4.8% | +13.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +4.8% | +2.5% |
| Volatility (annualized) | 47.3% | 48.1% |
| Max drawdown | -34.3% (Oct 2025→Dec 2025) | -61.5% (Jul 2024→Dec 2025) |

## Peers (Specialty Business Services)
BUUU (BUUU Group Limited) USD 47.9 +13.64% · CASS (Cass Information Systems, Inc) USD 57.67 +5.05% · RHLD (Resolute Holdings Management) USD 118.81 +3.10% · BKSY (BlackSky Technology Inc.) USD 16.69 -3.80% · KODK (Eastman Kodak Company) USD 9.21 -1.29% · BV (BrightView Holdings, Inc.) USD 10.75 +3.07%

## More
Full page: https://nexqual.com/TRNS · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.45 | $0.42 | +7.2% | $92.4M | 4 |
| Next quarter (ends 2026-12-31) | $0.29 | $0.33 | -10.8% | $90.7M | 4 |
| Current fiscal year (ends 2027-03-31) | $1.90 | $1.76 | +7.7% | $372.9M | 4 |
| Next fiscal year (ends 2028-03-31) | $2.17 | $2.14 | +1.2% | $397.7M | 4 |