Transcat, Inc. (TRNS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 89.33M | 83.86M | 82.27M | 77.13M | 77.13M | 67.83M | 67.83M | 66.71M | 70.91M | 65.17M | 62.8M | 60.6M | 62.07M | 57.4M | 56.44M | 54.66M | 55.88M | 50.9M | 50.39M | 47.79M |
| Revenue Growth % | 15.8% | 23.63% | 21.3% | 15.63% | 8.77% | 4.08% | 8% | 10.08% | 14.25% | 13.53% | 11.28% | 10.86% | 11.07% | 12.77% | 12.01% | 14.38% | 14.6% | 15.52% | 21.1% | 22.84% |
| Cost of Goods Sold | 58.86M | 58.6M | 55.51M | 51.22M | 51.22M | 46.62M | 46.62M | 44.05M | 46.88M | 44.23M | 42.68M | 41.89M | 42.92M | 41M | 39.67M | 38.62M | 39.21M | 37.27M | 35.78M | 34.27M |
| COGS % of Revenue | 65.89% | 69.89% | 67.47% | 66.41% | 66.41% | 68.73% | 68.73% | 66.04% | 66.11% | 67.87% | 67.96% | 69.12% | 69.15% | 71.43% | 70.29% | 70.66% | 70.16% | 73.21% | 71% | 71.71% |
| Gross Profit | 30.47M | 25.25M | 26.76M | 25.91M | 25.91M | 21.21M | 21.21M | 22.66M | 24.04M | 20.94M | 20.13M | 18.71M | 19.15M | 16.4M | 16.77M | 16.04M | 16.67M | 13.64M | 14.61M | 13.52M |
| Gross Margin % | 34.11% | 30.11% | 32.53% | 33.59% | 33.59% | 31.27% | 31.27% | 33.96% | 33.89% | 32.13% | 32.04% | 30.88% | 30.85% | 28.57% | 29.71% | 29.34% | 29.84% | 26.79% | 29% | 28.29% |
| Gross Profit Growth % | 17.58% | 19.08% | 26.2% | 14.38% | 7.81% | 1.29% | 5.37% | 21.09% | 25.51% | 27.66% | 20.03% | 16.66% | 14.86% | 20.27% | 14.76% | 18.62% | 19.34% | 21.26% | 27.12% | 43.69% |
| Operating Expenses | 27.25M | 25.16M | 23.26M | 18.97M | 18.97M | 17.47M | 17.47M | 17.56M | 14.83M | 16.64M | 18.48M | 14.07M | 13.29M | 13.24M | 13.14M | 12.43M | 12.16M | 11.28M | 11.03M | 9.83M |
| OpEx % of Revenue | 30.5% | 30.01% | 28.27% | 24.6% | 24.6% | 25.76% | 25.76% | 26.32% | 20.91% | 25.54% | 29.43% | 23.22% | 21.42% | 23.06% | 23.28% | 22.75% | 21.76% | 22.15% | 21.9% | 20.57% |
| Selling, General & Admin | 27.65M | 25.16M | 23.26M | 18.97M | 18.97M | 17.47M | 17.47M | 17.56M | 14.83M | 16.64M | 18.48M | 14.07M | 13.29M | 13.24M | 13.14M | 12.43M | 12.16M | 11.28M | 11.03M | 9.83M |
| SG&A % of Revenue | 30.95% | 30.01% | 28.27% | 24.6% | 24.6% | 25.76% | 25.76% | 26.32% | 20.91% | 25.54% | 29.43% | 23.22% | 21.42% | 23.06% | 23.28% | 22.75% | 21.76% | 22.15% | 21.9% | 20.57% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 3.22M | 88K | 3.5M | 6.94M | 6.94M | 3.73M | 3.73M | 5.1M | 9.2M | 4.29M | 1.64M | 4.64M | 5.86M | 3.16M | 3.63M | 3.6M | 4.51M | 2.36M | 3.58M | 3.69M |
| Operating Margin % | 3.61% | 0.1% | 4.26% | 9% | 9% | 5.51% | 5.51% | 7.64% | 12.98% | 6.59% | 2.62% | 7.66% | 9.43% | 5.51% | 6.42% | 6.59% | 8.08% | 4.64% | 7.1% | 7.72% |
| Operating Income Growth % | -53.57% | -97.64% | -6.16% | 36.11% | -24.6% | -13.02% | 127.33% | 9.89% | 57.2% | 35.76% | -54.69% | 28.75% | 29.68% | 33.97% | 1.34% | -2.3% | 0.07% | -6.27% | 16.24% | 282.68% |
| EBITDA | 10.15M | 7.22M | 9.99M | 12.57M | 12.57M | 8.13M | 8.13M | 9.21M | 12.91M | 8.06M | 4.93M | 7.43M | 8.57M | 5.99M | 6.4M | 6.25M | 7.18M | 5.13M | 5.72M | 5.68M |
| EBITDA Margin % | 11.36% | 8.61% | 12.15% | 16.29% | 16.29% | 11.99% | 11.99% | 13.81% | 18.2% | 12.36% | 7.85% | 12.26% | 13.8% | 10.43% | 11.35% | 11.43% | 12.85% | 10.08% | 11.35% | 11.88% |
| EBITDA Growth % | -19.22% | -11.27% | 22.83% | 36.41% | -2.64% | 0.97% | 64.98% | 23.98% | 50.66% | 34.57% | -23% | 18.98% | 19.27% | 16.73% | 11.98% | 9.97% | 10.58% | 17.13% | 15.72% | 100.25% |
| D&A (Non-Cash Add-back) | 6.93M | 7.13M | 6.49M | 5.63M | 5.63M | 4.4M | 4.4M | 4.11M | 3.7M | 3.76M | 3.29M | 2.79M | 2.71M | 2.82M | 2.78M | 2.64M | 2.67M | 2.77M | 2.14M | 1.99M |
| EBIT | 3.22M | 64K | 3.3M | 6.73M | 6.73M | 3.79M | 3.79M | 5.28M | 9.65M | 4.35M | 5.04M | 4.58M | 5.86M | 2.85M | 3.63M | 3.6M | 4.51M | 2.36M | 3.58M | 3.69M |
| Net Interest Income | -1.5M | -1.5M | -1.26M | -463K | -463K | 210K | 210K | 260K | 411K | 266K | -890K | -814K | -1.03M | -726K | -537K | -156K | -372K | -136K | -250K | -195K |
| Interest Income | 4K | 3K | 5K | 8K | 8K | 286K | 286K | 312K | 461K | 347K | 0 | 0 | 0 | 5K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.5M | 1.5M | 1.27M | 471K | 471K | 76K | 76K | 52K | 50K | 81K | 890K | 814K | 1.03M | 731K | 537K | 156K | 372K | 136K | 250K | 195K |
| Other Income/Expense | -388K | -1.53M | -1.48M | -684K | -684K | -22K | -22K | 129K | 400K | -23K | -841K | -878K | -1.03M | -1.04M | -537K | -156K | -372K | -136K | -250K | -195K |
| Pretax Income | 2.83M | -1.44M | 2.03M | 6.26M | 6.26M | 3.71M | 3.71M | 5.23M | 9.6M | 4.27M | 802K | 3.76M | 4.83M | 2.12M | 3.09M | 3.45M | 4.14M | 2.23M | 3.33M | 3.49M |
| Pretax Margin % | 3.17% | -1.72% | 2.47% | 8.11% | 8.11% | 5.47% | 5.47% | 7.84% | 13.54% | 6.55% | 1.28% | 6.21% | 7.78% | 3.7% | 5.47% | 6.31% | 7.41% | 4.37% | 6.6% | 7.31% |
| Income Tax | 887K | -338K | 760K | 1.79M | 1.79M | 427K | 427K | 820K | 2.71M | 923K | 342K | 813K | 1.17M | 523K | 732K | 376K | 1.09M | 596K | 313K | -194K |
| Effective Tax Rate % | 31.3% | 23.49% | 37.46% | 28.64% | 28.64% | 11.5% | 11.5% | 15.68% | 28.26% | 21.61% | 42.64% | 21.61% | 24.2% | 24.62% | 23.7% | 10.9% | 26.43% | 26.79% | 9.41% | -5.55% |
| Net Income | 1.95M | -1.1M | 1.27M | 4.46M | 4.46M | 3.29M | 3.29M | 4.41M | 6.89M | 3.35M | 460K | 2.95M | 3.66M | 1.6M | 2.36M | 3.07M | 3.05M | 1.63M | 3.02M | 3.69M |
| Net Margin % | 2.18% | -1.31% | 1.54% | 5.79% | 5.79% | 4.84% | 4.84% | 6.61% | 9.72% | 5.14% | 0.73% | 4.87% | 5.89% | 2.79% | 4.18% | 5.62% | 5.45% | 3.2% | 5.98% | 7.72% |
| Net Income Growth % | -56.38% | -133.51% | -61.38% | 1.27% | -35.21% | -1.85% | 614.35% | 49.47% | 88.35% | 109.12% | -80.48% | -4% | 20.01% | -1.72% | -21.82% | -16.7% | -4.99% | -7.5% | 48.96% | 362.16% |
| Net Income (Continuing) | 1.95M | -1.1M | 1.27M | 4.46M | 4.46M | 3.29M | 3.29M | 4.41M | 6.89M | 3.35M | 460K | 2.95M | 3.66M | 1.6M | 2.36M | 3.07M | 3.05M | 1.63M | 3.02M | 3.69M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.21 | -0.12 | 0.14 | 0.48 | 0.48 | 0.35 | 0.35 | 0.48 | 0.81 | 0.38 | 0.06 | 0.38 | 0.47 | 0.21 | 0.31 | 0.40 | 0.40 | 0.21 | 0.40 | 0.49 |
| EPS Growth % | -56.25% | -134.29% | -60% | 0% | -40.74% | -7.89% | 504.49% | 26.32% | 72.34% | 80.95% | -81.32% | -5% | 17.5% | 0% | -22.5% | -18.37% | -4.76% | -8.7% | 48.15% | 345.45% |
| EPS (Basic) | 0.21 | -0.12 | 0.14 | 0.48 | 0.49 | 0.36 | 0.36 | 0.49 | 0.82 | 0.39 | 0.06 | 0.39 | 0.48 | 0.21 | 0.31 | 0.41 | 0.41 | 0.22 | 0.40 | 0.49 |
| Diluted Shares Outstanding | 9.35M | 9.33M | 9.4M | 9.29M | 9.25M | 9.28M | 9.28M | 9.2M | 8.55M | 8.75M | 7.95M | 7.76M | 7.7M | 7.67M | 7.65M | 7.63M | 7.64M | 7.65M | 7.59M | 7.59M |
| Basic Shares Outstanding | 9.35M | 9.18M | 9.32M | 9.23M | 9.19M | 9.16M | 9.16M | 9.06M | 8.43M | 8.62M | 7.82M | 7.62M | 7.59M | 7.56M | 7.55M | 7.54M | 7.52M | 7.52M | 7.48M | 7.46M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |