TRNSNasdaqInstruments For Meas & Testing of Electricity & Elec SignalsUS GAAP · USD

Transcat, Inc

Transcat Inc. provides accredited calibration services and distributes professional-grade test, measurement, and control instrumentation. The company serves customers across the United States and internationally through two operating segments: Service and Distribution, with a mix of in-house calibration laboratories, technical services, rentals, and product sales.

Kysy yhtiöstä
Liikevaihto332milj. USD
+19,2 %v/v
Liikevoitto (EBIT)13,3milj. USD
−25,8 %v/v
EBIT-marginaali4,0%
−2,4 %-yks.v/v
Nettotulos5,4milj. USD
−63,0 %v/v
Vapaa kassavirta19,6milj. USD
−24,2 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

0100200300400milj. USD2021: 173 milj. USD2021: EBIT 11 milj. USD20212022: 205 milj. USD2022: EBIT 14 milj. USD20222023: 231 milj. USD2023: EBIT 16 milj. USD20232024: 259 milj. USD2024: EBIT 20 milj. USD20242025: 278 milj. USD2025: EBIT 18 milj. USD20252026: 332 milj. USD2026: EBIT 13 milj. USD202633213
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Transcat, Inc

Liiketoiminta

Osuus liikevaihdosta
Calibration services65 %

Accredited calibration and laboratory instrument services for regulated and industrial customers.

Distribution of test & measurement equipment30 %

Sale of professional-grade handheld test, measurement, and control instruments.

Rental services4 %

Short-term rental of test and measurement equipment and related instruments.

Other value-added services1 %

Inspection, repair, consulting, and asset management support services.

Tuotteet

Raportoitu · osuus liikevaihdosta
65,4%34,6%FY2026100 %
  • Services65,4 %
  • Distribution Service34,6 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Transcat sells primarily to highly regulated industrial and technical customers that need accurate instruments, documented calibration, and traceable service records. Its customer base includes life science/pharmaceutical, biotechnology, medical device, energy and utilities, defense, aerospace, industrial manufacturing, chemical, and process control users.

Life science and pharmaceutical

Buys accredited calibration and asset management services to support regulated production and lab equipment.

Medical device and biotechnology

Uses calibration and consulting services to maintain compliance and equipment traceability.

Energy and utilities

Purchases test equipment, rentals, and calibration for field and plant operations.

Aerospace and defense

Needs controlled instrumentation and documented calibration for regulated applications.

Industrial manufacturing and process control

Buys instruments and service support to keep measurement systems within specification.

Strategia

Transcat’s strategy is to combine calibration services and distribution so customers can source instruments, rentals, and service from one provider. The company emphasizes cross-selling, customer retention, and acquisitions to expand service capabilities, geographic reach, and share within regulated end markets.

Cross-sell across Service and DistributionLyhyt aikaväli

Customers often need both instruments and calibration, which increases stickiness and share of wallet.

Acquire regional calibration providersKeskipitkä aikaväli

Acquisitions add capacity, customer relationships, and geographic coverage faster than organic buildout.

Expand rentals and value-added servicesKeskipitkä aikaväli

Rentals and support services deepen customer relationships and broaden the revenue mix.

Serve regulated end marketsPitkä aikaväli

Regulated industries require traceability and accredited service, supporting recurring demand.

Maantiede

Q2/2026

Transcat is headquartered in Rochester, New York and operates across the United States, with additional service activity in Canada, Ireland, Europe, and Asia Pacific. Its distribution business is primarily domestic, while the service platform extends into selected international markets to support multinational regulated customers.

USA94 %
Kanada4,7 %
Other countries (US filing)1,6 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Transcat’s results depend on customer activity in regulated industrial markets, acquisition integration, and the utilization of its technical service workforce. It also faces typical risks for a service-and-distribution business, including pricing pressure, supply chain disruption, cybersecurity exposure, and sensitivity to macroeconomic conditions.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Service utilization risk in Transcat Solutions1Pricing pressure on service engagements2Macroeconomic and supply chain risk3Acquisition integration risk4Cybersecurity and data protection risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Service utilization risk in Transcat SolutionsVaikutus: KorkeaTodennäköisyys: Korkea

    Delayed project starts or lower customer demand can leave technical staff underutilized and reduce revenue efficiency.

    Kohdistuu: Technical consulting and staffing services

  2. Pricing pressure on service engagementsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Service profitability depends on the rates charged versus labor and delivery costs.

    Kohdistuu: Calibration and consulting services

  3. Macroeconomic and supply chain riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Industrial spending, inflation, labor shortages, and supplier delays can affect demand and operating costs.

    Kohdistuu: Distribution and service operations

  4. Acquisition integration riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Growth strategy relies on acquired calibration businesses fitting into operations and systems.

    Kohdistuu: Regional calibration acquisitions

  5. Cybersecurity and data protection riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Customer portals, asset records, and service documentation create exposure to system disruption or data loss.

    KohdistuuCalTrak®C3®Internal IT systems
Kysy Clarifolta: Transcat, Inc

Kirjanpito

Harkinnanvaraiset erät
Goodwill and intangible assets

Acquisitions create goodwill and identifiable intangibles that may require impairment testing if performance weakens.

Vaikutus: Can materially affect earnings and equity if impaired

Acquisition accounting

Purchased calibration businesses require fair-value allocation of assets and liabilities.

Vaikutus: Affects amortization expense and reported margins

Inventory reserves

Distribution products and rentals require estimates for obsolescence and recoverability.

Vaikutus: Impacts gross profit and working capital

Allowance for credit losses and returns

Customer receivables and product returns require judgmental reserves.

Vaikutus: Affects revenue netting and operating income

Post-retirement health care assumptions

Discount rates and health cost trend assumptions affect benefit obligations and expense.

Vaikutus: Can move pension-related liabilities and expense

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Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026