Transcat, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $331.9M | $278.4M | $259.5M | $230.6M | $205.0M | $173.3M | $173.1M | $160.9M |
| Cost of Revenue | $223.6M | $189.0M | $175.7M | $162.2M | $146.5M | $127.2M | $130.6M | $121.6M |
| Gross Profit | $108.3M | $89.5M | $83.8M | $68.4M | $58.4M | $46.1M | $42.5M | $39.3M |
| Gross Margin | 32.6% | 32.1% | 32.3% | 29.6% | 28.5% | 26.6% | 24.5% | 24.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $52.3M | $38.2M | $35.3M | $27.3M | $23.6M | $17.3M | $13.6M | $12.2M |
| Operating Income | $13.3M | $17.9M | $19.8M | $16.2M | $14.1M | $11.1M | $10.9M | $10.2M |
| Operating Margin | 4.0% | 6.4% | 7.6% | 7.0% | 6.9% | 6.4% | 6.3% | 6.4% |
| Interest Expense | — | — | $1.8M | $2.4M | $810.0K | — | — | — |
| Pretax Income | $8.0M | $18.3M | $18.4M | $13.5M | $13.2M | $10.0M | $9.7M | $9.2M |
| Income Tax Expense | $2.6M | $3.8M | $4.8M | $2.8M | $1.8M | $2.2M | $1.7M | $2.1M |
| Net Income | $5.4M | $14.5M | $13.6M | $10.7M | $11.4M | $7.8M | $8.1M | $7.1M |
| Net Margin | 1.6% | 5.2% | 5.3% | 4.6% | 5.6% | 4.5% | 4.7% | 4.4% |
| EPS (Basic) | $0.58 | $1.58 | $1.66 | $1.42 | $1.52 | $1.05 | $1.10 | $0.99 |
| EPS (Diluted) | $0.57 | $1.57 | $1.63 | $1.40 | $1.50 | $1.03 | $1.08 | $0.95 |
| Shares Outstanding (Basic) | 9.3M | 9.2M | 8.2M | 7.6M | 7.5M | 7.4M | 7.3M | 7.2M |
| Shares Outstanding (Diluted) | 9.4M | 9.3M | 8.4M | 7.6M | 7.6M | 7.5M | 7.5M | 7.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |