earnings
confidence high
sentiment neutral
materiality 0.65
Transcat Q1 revenue +15%, adj. EBITDA +15% to $11.8M; acquires Essco Calibration ($22M rev)
TRANSCAT INC
2026-Q1 EPS reported
$0.35
revenue$76,424,000
- Service revenue $49.1M (+12% YoY); distribution revenue $27.3M (+19% YoY) with record 35.2% gross margin.
- GAAP net income $3.3M ($0.35 EPS) down 26%; adjusted diluted EPS $0.59 down 13%.
- Adjusted EBITDA $11.8M (+15%); margin 15.4% vs 15.3% prior year.
- Acquired Essco Calibration Laboratory with $22M annual revenue; largest deal in company history.
- Expect return to high single-digit service organic revenue growth in H2 FY2026, barring economic uncertainty.
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