Filing Flows › Transcat (TRNS) › Q1 FY27 › vs Q4 FY26
Transcat (TRNS) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Transcat's revenue rose $3.6M (+4%) from $89.3M in Q4 FY26 to $92.9M in Q1 FY27. The biggest changes: Distribution Revenue +$2.6M (+9%); Service Revenue +$989K (+2%). Gross margin 33.1% against 34.1% (-1.0 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.1% | 34.1% | -1.0 pts |
| Operating margin | 4.0% | 4.8% | -0.8 pts |
| Net margin | 1.4% | 2.2% | -0.7 pts |
| Free cash flow margin | 5.2% | 2.9% | +2.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Service Revenue | $62.6M | $61.6M | $989K | +2% |
| Distribution Revenue | $30.4M | $27.8M | $2.6M | +9% |
| Revenue | $92.9M | $89.3M | $3.6M | +4% |
| Gross profit | $30.7M | $30.5M | $266K | +0.9% |
| Cost of revenue | $62.2M | $58.9M | $3.4M | +6% |
| Operating profit | $3.7M | $4.3M | −$613K | -14% |
| Operating expenses | $27.0M | $26.1M | $879K | +3% |
| Pre-tax earnings | $2.2M | $2.8M | −$649K | -23% |
| Other expense, net | $1.5M | $1.5M | $36K | +2% |
| Sales & marketing | $11.4M | $11.2M | $151K | +1% |
| General & admin | $15.6M | $14.9M | $728K | +5% |
| Net earnings | $1.3M | $1.9M | −$616K | -32% |
| Income tax | $854K | $887K | −$33K | -4% |
| Operating cash sources | $10.3M | $11.4M | −$1.1M | -10% |
| Depreciation & amortization | $7.0M | $7.0M | $9K | +0.1% |
| Share-based compensation | $2.0M | $2.5M | −$541K | -21% |
| Working capital & other | $1.5M | $5.2M | −$3.8M | -72% |
| Operating cash flow | $8.8M | $6.2M | $2.6M | +42% |
| Free cash flow (OCF − capex) | $4.8M | $2.6M | $2.2M | +85% |
| Capital expenditures | $4.0M | $3.6M | $393K | +11% |
Questions
How much did Transcat's revenue grow quarter over quarter in Q1 FY27?
Transcat's revenue rose $3.6M (+4%) from $89.3M in Q4 FY26 to $92.9M in Q1 FY27.
What drove Transcat's revenue change in Q1 FY27?
Distribution Revenue +$2.6M (+9%); Service Revenue +$989K (+2%).