Earnings ·
Transcat reports Q2 revenue of $97.1M, up 18%, with net income doubling to $2.4M
TRNSTranscat Inc
Transcat reported fiscal second quarter results ending September 26, 2026, with total revenue increasing 18% year-over-year to $97.1 million. Service segment revenue grew 23% to $64.8 million, driven by a 16% increase in organic revenue and contributions from acquisitions, while distribution revenue rose 10% to $32.3 million. Net income doubled to $2.4 million, or $0.25 per diluted share, compared to $1.3 million in the prior year period. Adjusted EBITDA increased 23% to $14.9 million, and adjusted diluted EPS rose 46% to $0.64. The company raised its full-year service organic revenue growth outlook to low double digits from high single digits. Transcat operates as a provider of accredited calibration, reliability, maintenance optimization, and test equipment distribution services.