Filing Flows › Transcat (TRNS) › Q2 FY27 › vs Q2 FY26
Transcat (TRNS) Q2 FY27 vs Q2 FY26 (year over year)
Transcat's revenue rose $14.8M (+18%) from $82.3M in Q2 FY26 to $97.1M in Q2 FY27. The biggest changes: Service Revenue +$11.9M (+23%); Distribution Revenue +$2.9M (+10%). Gross margin 33.6% against 32.5% (+1.1 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 33.6% | 32.5% | +1.1 pts |
| Operating margin | 5.2% | 4.3% | +0.9 pts |
| Net margin | 2.5% | 1.5% | +0.9 pts |
| Free cash flow margin | 6.2% | 10.3% | -4.0 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Service Revenue | $64.8M | $52.8M | $11.9M | +23% |
| Distribution Revenue | $32.3M | $29.4M | $2.9M | +10% |
| Revenue | $97.1M | $82.3M | $14.8M | +18% |
| Gross profit | $32.6M | $26.8M | $5.9M | +22% |
| Cost of revenue | $64.5M | $55.5M | $8.9M | +16% |
| Operating profit | $5.0M | $3.5M | $1.5M | +44% |
| Operating expenses | $27.6M | $23.3M | $4.3M | +19% |
| Pre-tax earnings | $3.2M | $2.0M | $1.2M | +57% |
| Other expense, net | $1.9M | $1.5M | $377K | +26% |
| Sales & marketing | $11.8M | $10.6M | $1.1M | +11% |
| General & admin | $15.8M | $12.6M | $3.2M | +25% |
| Net earnings | $2.4M | $1.3M | $1.1M | +90% |
| Income tax | $767K | $760K | $7K | +0.9% |
| Depreciation & amortization | $6.8M | $6.5M | $357K | +6% |
| Share-based compensation | $2.2M | $1.8M | $376K | +20% |
| Working capital & other | $1.3M | −$3.3M | $4.6M | — |
| Operating cash flow | $10.1M | $12.9M | −$2.7M | -21% |
| Free cash flow (OCF − capex) | $6.1M | $8.4M | −$2.4M | -28% |
| Capital expenditures | $4.1M | $4.4M | −$344K | -8% |
Questions
How much did Transcat's revenue grow year over year in Q2 FY27?
Transcat's revenue rose $14.8M (+18%) from $82.3M in Q2 FY26 to $97.1M in Q2 FY27.
What drove Transcat's revenue change in Q2 FY27?
Service Revenue +$11.9M (+23%); Distribution Revenue +$2.9M (+10%).