10x Insights
Loading account…
Companies / Industrials / Transcat, Inc.
TRNS

Transcat, Inc.

IndustrialsMedical Instruments
Ticker TRNSROCHESTER, NYFiscal year ends MarchBook value per share $32.65Diluted shares 9.5M

Transcat, Inc. (Nasdaq: TRNS) provides accredited calibration and related technical services and distributes and rents test, measurement and control instruments. Its customers include companies in life sciences, pharmaceuticals, biotechnology, medical devices, aerospace and defense, energy and utilities, and… From the company’s description.

Over the twelve months to Sep 26, 2026, Transcat, Inc. reported revenue of $363.22M, up 20.0% from a year earlier, and net income of $4.59M. Its operating margin was 3.6%, and operations generated $37.31M in cash. In fiscal 2025, it reported revenue of $331.88M, up 19.2% from fiscal 2024, and net income of $5.38M.

Fiscal year 2025 · ends 03-27Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-26
Sales & profitability
$331.88MFY2025
+19.2% year over year
Last 12 mo $363.22M
4.00%FY2025
−2.4 percentage points
Last 12 mo 3.63%
$5.38MFY2025
−63.0% year over year
Last 12 mo $4.59M
1.79%FY2025
−3.3 percentage points
Last 12 mo 1.48%
Cash & financing
$34.85MFY2025
−10.6% year over year
Last 12 mo $37.31M
$19.55MFY2025
−24.2% year over year
Last 12 mo $22.97M
0.33FY2025
Was 0.11× a year earlier
Last 12 mo 0.38
9.4MFY2025
+1.4% year over year
Last 12 mo 9.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Transcat, Inc. does

In the company’s own words

Transcat, Inc. (Nasdaq: TRNS) provides accredited calibration and related technical services and distributes and rents test, measurement and control instruments. Its customers include companies in life sciences, pharmaceuticals, biotechnology, medical devices, aerospace and defense, energy and utilities, and industrial manufacturing. The Service segment offers calibration, repair, inspection, validation, preventative maintenance, quality and compliance, reliability, and computerized maintenance management system services, delivered at its service centers, customer facilities, or through mobile laboratories. Proprietary CalTrak and C3 software supports asset management, workflow, and service-record access. The Distribution segment sells and rents new and used instruments from national and proprietary brands, with options including pre-shipment calibration, equipment kitting, and technical support. It offers more than 75,000 instruments from approximately 400 brands. In fiscal 2026, Transcat served approximately 27,000 customers and performed more than 1.2 million calibrations annually; it operated 33 calibration service centers across the United States, Canada, and Ireland. As of March 28, 2026, it had 1,413 employees. Its website is www.transcat.com.

Company details
Sector
Industrials
Industry (SIC)
Medical Instruments
Headquarters
ROCHESTER, NY
Fiscal year end
March
CIK
99302
SIC
3825

Financial performance, year by year

Fiscal 2011–2025 · USD
$-36.32M$72.64M$181.61M$290.57M$399.54M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Transcat, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

198
funds hold it
0 of 35
superinvestors hold it
$392.19M
held by funds, at market
47.0%
of shares held by funds

Largest fund holders · Transcat, Inc.’s weight in each

Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
—of fund net assets
Hood River Small-Cap Growth Fund
HRSMX · Manager Directed Portfolios
0.56%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
CONESTOGA SMALL CAP FUND
CCASX · Conestoga Funds
1.18%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Transcat, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Transcat, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Transcat, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.