Filing Flows › Transcat (TRNS) › Q2 FY27 › vs Q1 FY27
Transcat (TRNS) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Transcat's revenue rose $4.1M (+4%) from $92.9M in Q1 FY27 to $97.1M in Q2 FY27. The biggest changes: Service Revenue +$2.2M (+4%); Distribution Revenue +$1.9M (+6%). Gross margin 33.6% against 33.1% (+0.5 pts).
Transcat, Q2 FY27: revenue $97.1M (+18% year over year), operating margin 5.2%, net earnings $2.4M, operating cash flow $10.1M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 33.6% | 33.1% | +0.5 pts |
| Operating margin | 5.2% | 4.0% | +1.2 pts |
| Net margin | 2.5% | 1.4% | +1.1 pts |
| Free cash flow margin | 6.2% | 5.2% | +1.0 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Service Revenue | $64.8M | $62.6M | $2.2M | +4% |
| Distribution Revenue | $32.3M | $30.4M | $1.9M | +6% |
| Revenue | $97.1M | $92.9M | $4.1M | +4% |
| Gross profit | $32.6M | $30.7M | $1.9M | +6% |
| Cost of revenue | $64.5M | $62.2M | $2.2M | +4% |
| Operating profit | $5.0M | $3.7M | $1.3M | +35% |
| Operating expenses | $27.6M | $27.0M | $582K | +2% |
| Pre-tax earnings | $3.2M | $2.2M | $995K | +46% |
| Other expense, net | $1.9M | $1.5M | $319K | +21% |
| Sales & marketing | $11.8M | $11.4M | $377K | +3% |
| General & admin | $15.8M | $15.6M | $205K | +1% |
| Net earnings | $2.4M | $1.3M | $1.1M | +81% |
| Income tax | $767K | $854K | −$87K | -10% |
| Depreciation & amortization | $6.8M | $7.0M | −$115K | -2% |
| Share-based compensation | $2.2M | $2.0M | $238K | +12% |
| Working capital & other | $1.3M | $1.5M | −$126K | -9% |
| Operating cash flow | $10.1M | $8.8M | $1.3M | +15% |
| Free cash flow (OCF − capex) | $6.1M | $4.8M | $1.2M | +25% |
| Capital expenditures | $4.1M | $4.0M | $106K | +3% |
Questions
How much did Transcat's revenue grow quarter over quarter in Q2 FY27?
Transcat's revenue rose $4.1M (+4%) from $92.9M in Q1 FY27 to $97.1M in Q2 FY27.
What drove Transcat's revenue change in Q2 FY27?
Service Revenue +$2.2M (+4%); Distribution Revenue +$1.9M (+6%).