Filing Flows › Transcat (TRNS) › Q4 FY25
Transcat (TRNS) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed May 27, 2025
Transcat (TRNS) reported revenue of $77.1M for the fourth quarter fiscal 2025 (Q4 FY25), +9% from a year earlier and +16% from the quarter before. Operating margin was 9.0%, net earnings $4.5M (5.8% of revenue).
Transcat, Q4 FY25: revenue $77.1M (+9% year over year), operating margin 9.0%, net earnings $4.5M, operating cash flow $10.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $77.1M | +16% | +9% |
| Gross profit | $25.9M | +32% | +8% |
| Operating profit | $6.9M | +230% | -25% |
| Net earnings | $4.5M | +89% | -35% |
| Operating cash flow | $10.6M | -16% | +86% |
| Free cash flow | $7.9M | -18% | +413% |
What changed
Revenue was $77.1M in Q4 FY25, up 9% year over year and up 16% from the previous quarter. Service was the largest line at 67% of revenue.
Gross margin was 33.6%, down 0.3 points from a year earlier. Operating profit was $6.9M, a 9.0% margin (down 4.0 points year over year). Operating profit fell $2.3M even though revenue rose $6.2M versus a year earlier, so costs grew faster than sales. Operating expenses grew 28% against revenue growth of 9%. The fastest-growing cost line was General & admin (+40%). Net earnings were $4.5M, down 35% year over year. The effective tax rate was 28.6%.
Operating cash flow was $10.6M (up 86% year over year), 238% of net earnings. Non-cash charges added back $5.6M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $635K. Capital expenditures of $2.7M left free cash flow of $7.9M.
Questions
What was Transcat's revenue in the fourth quarter fiscal 2025?
Transcat (TRNS) reported revenue of $77.1M for the fourth quarter fiscal 2025 (Q4 FY25), +9% from a year earlier and +16% from the quarter before.
Was Transcat profitable in the fourth quarter fiscal 2025?
Operating profit was $6.9M (9.0% of revenue) and net earnings $4.5M.
Source: Transcat 10-K on SEC EDGAR.