Filing Flows › Transcat (TRNS) › Q1 FY27 › vs Q1 FY26
Transcat (TRNS) Q1 FY27 vs Q1 FY26 (year over year)
Transcat's revenue rose $16.5M (+22%) from $76.4M in Q1 FY26 to $92.9M in Q1 FY27. The biggest changes: Service Revenue +$13.4M (+27%); Distribution Revenue +$3.1M (+11%). Gross margin 33.1% against 33.8% (-0.7 pts).
Transcat, Q1 FY27: revenue $92.9M (+22% year over year), operating margin 4.0%, net earnings $1.3M, operating cash flow $8.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.1% | 33.8% | -0.7 pts |
| Operating margin | 4.0% | 7.0% | -3.0 pts |
| Net margin | 1.4% | 4.3% | -2.8 pts |
| Free cash flow margin | 5.2% | -1.3% | +6.5 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Service Revenue | $62.6M | $49.1M | $13.4M | +27% |
| Distribution Revenue | $30.4M | $27.3M | $3.1M | +11% |
| Revenue | $92.9M | $76.4M | $16.5M | +22% |
| Gross profit | $30.7M | $25.8M | $4.9M | +19% |
| Cost of revenue | $62.2M | $50.6M | $11.6M | +23% |
| Operating profit | $3.7M | $5.3M | −$1.6M | -30% |
| Operating expenses | $27.0M | $20.5M | $6.5M | +32% |
| Pre-tax earnings | $2.2M | $4.6M | −$2.4M | -52% |
| Other expense, net | $1.5M | $773K | $761K | +98% |
| Sales & marketing | $11.4M | $9.5M | $1.9M | +20% |
| General & admin | $15.6M | $11.0M | $4.7M | +43% |
| Net earnings | $1.3M | $3.3M | −$1.9M | -59% |
| Income tax | $854K | $1.3M | −$450K | -35% |
| Operating cash sources | $10.3M | $10.0M | $272K | +3% |
| Depreciation & amortization | $7.0M | $5.6M | $1.4M | +24% |
| Share-based compensation | $2.0M | $1.1M | $848K | +75% |
| Working capital & other | $1.5M | $6.4M | −$4.9M | -77% |
| Operating cash flow | $8.8M | $3.6M | $5.2M | +143% |
| Free cash flow (OCF − capex) | $4.8M | −$975K | $5.8M | — |
| Capital expenditures | $4.0M | $4.6M | −$616K | -13% |
Questions
How much did Transcat's revenue grow year over year in Q1 FY27?
Transcat's revenue rose $16.5M (+22%) from $76.4M in Q1 FY26 to $92.9M in Q1 FY27.
What drove Transcat's revenue change in Q1 FY27?
Service Revenue +$13.4M (+27%); Distribution Revenue +$3.1M (+11%).