Transcat IncTRNS
What Transcat Inc does.
Transcat, Inc. (“Transcat”, the “Company,” “we” or “us”) is a leading provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, Computerized Maintenance Management System (“CMMS”), and pipette services. The Company is focused on providing best-in-class services and products to highly regulated industries, particularly the life sciences industry, which includes pharmaceutical, biotechnology, medical devices and other FDA-regulated businesses, as well as aerospace and defense and energy and utilities. Transcat also operates as a leading value-added distributor that markets, sells and rents new and used national and proprietary brand instruments.
We conduct our business through two operating segments: service (“Service”) and distribution (“Distribution”). See Note 7 to our Consolidated Financial Statements in this report for financial information for these segments. We concentrate on attracting new customers in each segment, retaining existing customers and cross-selling to customers to increase our total revenue. We serve
Through the Company’s acquisition strategy, we have been focused on building out our business segments, expanding our core calibration business, as well as entering new geographic markets and entering adjacent and complimentary markets. This has been demonstrated by the acquisitions of Essco Calibration Laboratory, LLC (“Essco”) in our fiscal year ended March 28, 2026 (“fiscal 2026” or “fiscal year 2026”) and Martin Calibration, LLC (“Martin”) and Becnel Rental Tools, LLC (“Becnel”) in our fiscal year ended March 29, 2025 (“fiscal 2025” or “fiscal year 2025”). In April 2026, the Company acquired SCM Metrology and Laboratories S. A. ("SCM"), a privately held calibration services provider based in Costa Rica.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $173.3M | $205.0M | $230.6M | $259.5M | $278.4M | $331.9M |
| Net income | $7.8M | $11.4M | $10.7M | $13.6M | $14.5M | $5.4M |
| Free cash flow | $17.0M | $7.5M | $7.5M | $19.3M | $25.8M | $19.6M |
More on TRNS.
- Transcat Inc summary
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- Transcat Inc health scores and style box
- Transcat Inc earnings
- Transcat Inc dividends
- Transcat Inc valuation
- Transcat Inc ownership and insiders
- Transcat Inc peers
Figures from Transcat Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.