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Transcat (TRNS)
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Transcat Income Statement 2026-2009 | TRNS
Brief overview of financial results at Transcat
The comparison covers a five-year financial horizon. Revenue reported by Transcat was 173 million dollars at the beginning of the period and 332 million dollars at the end. Across the full period, sales moved by +91.5%; the average annual rate was 13.9%. The pace indicates confident and sustained business growth.
Gross profit changed from $46.1 million to $108 million (+134.8%). The relationship between sales and direct costs improved over the period. The gross margin was 26.6% at the start and 32.6% at the end. Improving gross profitability strengthens the quality of revenue growth.
The operating result measured by EBITDA moved from $18.7 million to $39.4 million, or +111.4%. EBITDA grew faster than revenue, indicating positive operating leverage. Comparing the endpoints gives EBITDA margins of 10.8% and 11.9%. The EBITDA margin stayed near its previous level.
The net result moved from $7.8 million to $5.4 million, or −31%. Lower net income weakens the overall financial picture.
Market value was $582 million at the start and $750 million at the end. Capitalization rose despite deteriorating fundamentals.
Conclusion
The results present an uneven picture without one dominant signal. The strongest signals are improving gross profitability, higher operating efficiency and revenue expansion. Caution is warranted because of a weaker final result. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Transcat
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
750 M | 845 M | 1.1 B | 684 M | 679 M | 582 M | 203 M | 186 M | 118 M | 84.3 M | 75.7 M | 71.3 M | 68.1 M | 53.6 M | 97.9 M | 73.4 M | 53.3 M | - |
Shares |
9.33 M | 9.18 M | 8.24 M | 7.55 M | 7.5 M | 7.42 M | 7.49 M | 7.52 M | 7.12 M | 7.11 M | 7.12 M | 7.06 M | 7.4 M | 7.6 M | 7.31 M | 7.5 M | 7.35 M | - |
Historical Prices |
80.3 | 92 | 134 | 90.5 | 90.5 | 78.5 | 44.8 | 28.9 | 23 | 15.7 | 12.1 | 9.32 | 9.49 | 9.25 | 6.49 | 11.9 | 7.25 | 6.2 |
Net Income |
5.38 M | 14.5 M | 13.6 M | 10.7 M | 11.4 M | 7.79 M | 8.07 M | 7.14 M | 5.92 M | 4.52 M | 4.12 M | 4.03 M | 4 M | 3.7 M | 3.3 M | 2.8 M | 1.45 M | - |
Revenue |
332 M | 278 M | 259 M | 231 M | 205 M | 173 M | 173 M | 161 M | 155 M | 144 M | 122 M | 124 M | 118 M | 112 M | 110 M | 91.2 M | - | - |
Cost of Revenue |
224 M | 189 M | 176 M | 162 M | 147 M | 127 M | 131 M | 122 M | 118 M | 109 M | 93 M | 56.8 M | 53.4 M | 54.5 M | 55.1 M | 67.9 M | 61.8 M | - |
Gross Profit |
108 M | 89.5 M | 83.8 M | 68.4 M | 58.4 M | 46.1 M | 42.5 M | 39.3 M | 37.4 M | 35 M | 29.1 M | 29.1 M | 29.8 M | 27.4 M | 27.1 M | 23.3 M | 19.3 M | - |
Operating Income |
13.3 M | 17.9 M | 19.8 M | 16.2 M | 14.1 M | 11.1 M | 10.8 M | 10.2 M | 9.03 M | 7.93 M | 6.3 M | 6.77 M | 6.7 M | 5.95 M | 5.43 M | 4.59 M | 2.38 M | - |
Interest Expense |
-695 K | 425 K | -315 K | 2.42 M | 810 K | - | - | - | - | - | - | - | - | - | 134 K | 73 K | 63 K | - |
EBITDA |
39.4 M | 36.4 M | 33.3 M | 27.2 M | 23.7 M | 18.7 M | 17.5 M | 16.6 M | 15 M | 14.1 M | 10.2 M | 9.86 M | 9.65 M | 8.6 M | 8.32 M | 6.89 M | 4.46 M | - |
Operating Expenses |
95 M | 71.6 M | 64 M | 52.1 M | 44.3 M | 35 M | 31.6 M | 29.1 M | 28.4 M | 27 M | 22.8 M | 22.3 M | 23.1 M | 21.5 M | 21.7 M | 18.7 M | 16.9 M | - |
General and Administrative Expenses |
52.3 M | 38.2 M | 35.3 M | 27.3 M | 23.6 M | 17.3 M | 13.5 M | 12.1 M | 11.9 M | 10.4 M | 8.59 M | 8.21 M | 9.06 M | 8.5 M | 7.94 M | 6.94 M | 6.23 M | - |
All numbers in USD currency
Quarterly Income Statement Transcat
| 2027-Q1 | 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
9.35 M | 9.33 M | 9.32 M | 9.32 M | 9.33 M | 9.32 M | 9.32 M | 9.32 M | 9.23 M | 9.16 M | 9.06 M | 8.84 M | 8.62 M | 7.82 M | 7.62 M | 7.56 M | 7.56 M | 7.55 M | 7.54 M | 7.53 M | 7.52 M | 7.49 M | 7.47 M | 7.46 M | 7.44 M | 7.44 M | 7.42 M | 7.38 M | 7.37 M | 7.37 M | 7.33 M | 7.26 M | 7.2 M | 7.2 M | 7.2 M | 7.16 M | 7.14 M | 7.13 M | 7.08 M | 7.04 M | 7.01 M | 6.98 M | 6.97 M | 6.92 M | 6.9 M | 6.88 M | 6.87 M | 6.84 M | 6.82 M | 6.79 M | 6.77 M | 6.72 M | 6.86 M | 7.19 M | 7.41 M | 7.42 M | 7.42 M | 7.4 M | 7.39 M | 7.34 M | 7.32 M | 7.3 M | 7.29 M | 7.26 M |
Net Income |
1.33 M | -1.1 M | 1.27 M | 3.26 M | -1.1 M | 1.27 M | 3.26 M | - | 2.36 M | 3.29 M | 4.41 M | - | 3.35 M | 460 K | 2.95 M | - | 1.6 M | 2.36 M | 3.07 M | - | 1.63 M | 8.33 M | 6.7 M | 3.69 M | 1.76 M | 1.76 M | 2.02 M | 2.49 M | 1.48 M | 1.48 M | 2.38 M | 1.72 M | 1.57 M | 1.57 M | 1.49 M | 2.45 M | 1.83 M | 781 K | 856 K | 856 K | 1.27 M | 3.09 M | 917 K | 906 K | 1.07 M | 1.07 M | 878 K | 601 K | 813 K | 813 K | 859 K | 445 K | 788 K | 788 K | 771 K | 721 K | 782 K | 782 K | 745 K | 361 K | 1.02 M | 1.02 M | 746 K | 325 K |
Revenue |
92.9 M | 83.9 M | 82.3 M | 76.4 M | 83.9 M | 82.3 M | 76.4 M | - | 66.8 M | 67.8 M | 66.7 M | - | 65.2 M | 62.8 M | 60.6 M | - | 57.4 M | 56.4 M | 54.7 M | - | 50.9 M | 149 M | 98.2 M | 48.8 M | 44.1 M | 44.1 M | 41.6 M | 45.8 M | 43.2 M | 43.2 M | 41.8 M | 42.4 M | 40.9 M | 40.9 M | 38.9 M | 42.5 M | 40.5 M | 35.9 M | 36.3 M | 38.5 M | 37.8 M | 105 M | 67.6 M | 32.9 M | 30.2 M | 30.2 M | 29.5 M | 29.7 M | 31.1 M | 31.1 M | 31.1 M | 29.1 M | 30.5 M | 30.5 M | 28.9 M | 28.7 M | 29.3 M | 29.3 M | 26.8 M | 25.1 M | 28.5 M | 28.5 M | 25.2 M | 25.6 M |
Cost of Revenue |
62.2 M | 58.6 M | 55.5 M | 50.6 M | 58.6 M | 55.5 M | 50.6 M | - | 47.1 M | 46.6 M | 44.1 M | - | 44.2 M | 42.7 M | 41.9 M | - | 41 M | 39.7 M | 38.6 M | - | 37.3 M | 107 M | 70 M | - | 32.8 M | 32.8 M | 30.1 M | - | 33.3 M | 33.3 M | 31.3 M | 32.3 M | 31.3 M | 31.3 M | 29.7 M | - | 30.8 M | 27.8 M | 27.6 M | - | 28.9 M | 80.3 M | 51.4 M | - | 23.4 M | 68.7 M | 45.3 M | - | 24.1 M | 70.7 M | 46.6 M | - | 23.4 M | 66.9 M | 43.6 M | - | 22.7 M | 62.3 M | 39.6 M | - | 21.7 M | 60 M | 38.3 M | - |
Gross Profit |
30.7 M | 25.3 M | 26.8 M | 25.8 M | 25.3 M | 26.8 M | 25.8 M | - | 19.7 M | 21.2 M | 22.7 M | - | 20.9 M | 20.1 M | 18.7 M | - | 16.4 M | 16.8 M | 16 M | - | 13.6 M | 41.8 M | 28.1 M | 14 M | 11.2 M | 11.2 M | 11.5 M | 12.1 M | 9.93 M | 9.93 M | 10.4 M | 10.1 M | 9.55 M | 9.55 M | 9.14 M | 10.9 M | 9.7 M | 8.15 M | 8.69 M | 8.69 M | 8.92 M | 25.2 M | 8.03 M | 8.25 M | 6.78 M | 6.78 M | 6.74 M | 7.06 M | 6.99 M | 6.99 M | 6.93 M | 6.67 M | 7.14 M | 7.14 M | 6.82 M | 7.21 M | 6.63 M | 6.63 M | 6.08 M | 6.21 M | 6.79 M | 6.79 M | 6.15 M | 6.3 M |
Operating Income |
3.72 M | 88 K | 3.5 M | 5.34 M | 88 K | 3.5 M | 5.34 M | - | 2.1 M | 3.74 M | 5.1 M | - | 4.29 M | 1.64 M | 4.64 M | - | 3.16 M | 3.63 M | 3.6 M | - | 2.36 M | 9.63 M | 7.27 M | - | 2.52 M | 2.52 M | 3.08 M | - | 2.09 M | 2.09 M | 3.06 M | 1.96 M | 2.39 M | 2.39 M | 2.18 M | - | 2.65 M | 1.46 M | 1.41 M | - | 2.35 M | 5.37 M | 3.02 M | - | 1.68 M | 4.08 M | 2.4 M | - | 1.38 M | 3.65 M | 2.28 M | - | 1.34 M | 3.78 M | 2.43 M | - | 1.22 M | 3 M | 1.77 M | - | 1.65 M | 3.46 M | 1.81 M | - |
Interest Expense |
-19 K | -27 K | -212 K | -333 K | -27 K | -212 K | -333 K | - | 1.01 M | -232 K | -131 K | - | -289 K | 49 K | -64 K | - | 731 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -83 K | -138 K | -45 K | - | -85 K | -157 K | -72 K | - | -37 K | -135 K | -98 K | - | 35 K | 28 K | 28 K | - |
EBITDA |
10.7 M | 19.3 M | 15.6 M | 10.9 M | - | - | 10.9 M | - | - | - | 9.21 M | - | - | - | 7.43 M | - | 3.16 M | 11.9 M | 6.24 M | - | 2.36 M | 16.5 M | 11.4 M | - | 2.52 M | 8.12 M | 6.81 M | - | 2.09 M | 7.04 M | 6.36 M | 3.58 M | 2.39 M | 7.13 M | 5.24 M | - | 2.65 M | 1.46 M | 2.9 M | - | 2.35 M | 10 M | 6.12 M | - | 1.68 M | 6.79 M | 4.14 M | - | 1.38 M | 5.92 M | 3.65 M | - | 1.34 M | 6.01 M | 3.87 M | - | 1.22 M | 4.94 M | 3 M | - | 1.65 M | 5.7 M | 3.22 M | - |
Operating Expenses |
27 M | 25.2 M | 23.3 M | 20.5 M | 25.2 M | 23.3 M | 20.5 M | - | 17.6 M | 17.5 M | 17.6 M | - | 16.6 M | 18.5 M | 14.1 M | - | 13.2 M | 13.1 M | 12.4 M | - | 11.3 M | 32.1 M | 20.9 M | - | 8.73 M | 8.73 M | 8.42 M | - | 7.84 M | 7.84 M | 7.39 M | 8.09 M | 7.15 M | 7.15 M | 6.96 M | - | 7.05 M | 6.7 M | 7.28 M | - | 6.56 M | 19.8 M | 13.3 M | - | 5.1 M | 16.5 M | 11.4 M | - | 5.62 M | 16.9 M | 11.3 M | - | 5.8 M | 17.4 M | 11.6 M | - | 5.41 M | 15.9 M | 10.5 M | - | 5.14 M | 4.91 M | 5.73 M | - |
General and Administrative Expenses |
15.6 M | 13.8 M | 12.6 M | 11 M | 13.8 M | 12.6 M | 11 M | - | 9.46 M | 9.29 M | 9.76 M | - | 9.12 M | 11.6 M | 7.6 M | - | 6.64 M | 7.24 M | 6.61 M | - | 6.22 M | 17.1 M | 10.9 M | - | 4.05 M | 4.05 M | 4.12 M | - | 3.37 M | 3.37 M | 3.16 M | 3.62 M | 2.94 M | 2.94 M | 2.94 M | - | 2.9 M | 2.69 M | 3.19 M | - | 2.4 M | 7.21 M | 4.8 M | - | 1.9 M | 6.53 M | 4.63 M | - | 2.02 M | 6.43 M | 4.42 M | - | 2.12 M | 6.72 M | 4.61 M | - | 2.02 M | 6.13 M | 4.11 M | - | 1.73 M | 5.7 M | 3.97 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Transcat (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.