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Transcat reports double-digit revenue growth for Q4, FY2026
Gates-based Transcat believes expansion into Latin America will produce further growth. (Photo by Kevin Oklobzija)
Gates-based Transcat believes expansion into Latin America will produce further growth. (Photo by Kevin Oklobzija)
Transcat reports double-digit revenue growth for Q4, FY2026
Listen to this articleDouble-digit revenue growth continued for Transcat in the fourth quarter as well as for fiscal year 2026.
The Gates-based provider of calibration services and electronic test equipment reported an 18 percent jump in revenue for Q4 (to $61.6 million), an expansion of gross margins by 50 basis points (to 34.1) and a full-year revenue increase of 19 percent (to $331.9 million).
Adjusted EBIDTA for Q4 was $14.8 million, an increase of 16 percent, and $48.7 million for full-year 2026, a jump of 23 percent.
The results were released following the close of the market on Tuesday.
“Distribution revenue surged 11 percent during the quarter, accompanied by a 280 basis point expansion in gross margin compared to the prior year, fueled by our ongoing strategic shift toward higher-margin rental offerings,” president and CEO Jaime Irick said in a news release.
Acquisitions will be a key driver of future growth. Irick said the recent acquisition of SCM Metrology and Laboratories “reinforces our belief that we continue to be the acquirer of choice in the calibration services market.”
Headquartered in San Jose, Costa Rica, SCM gives Transcat its first operational presence in Latin America and aligns with growth strategies.
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