Transcat's Q4 2025 performance showed growth in consolidated and service revenues, but net and operating income declined due to increased expenses from acquisitions and incentives.
Transcat's consolidated revenue increased by 2.4% to $66.8 million, driven by a 6.5% increase in Distribution revenue, while Service revenue remained relatively flat. However, the company's gross profit decreased by 6.0% to $19.7 million, and net income per diluted share decreased to $0.25 compared to $0.38 last year.
Transcat reported an 8% increase in consolidated revenue, driven by growth in both service and distribution segments. Service revenue grew by 6%, and distribution revenue grew by 11%. Consolidated gross profit increased by 5.4%, but gross margin decreased due to softness in Nexa and Becnel revenues. Net income per diluted share was $0.35, compared to $0.06 in the previous year.
Transcat's first quarter of fiscal year 2025 showed strong performance with a 10% increase in consolidated revenue, driven by consistent demand in regulated markets and successful integration of acquisitions. Gross margins expanded by 310 basis points, and adjusted EBITDA grew by 20.4%.
Transcat reported a 14% increase in consolidated revenue driven by double-digit organic service revenue growth and margin improvements in both operating segments. Adjusted EBITDA grew by 30%, reflecting the company's ability to leverage organic service revenue growth and successful integration of acquired companies.
Transcat reported a consolidated revenue increase of 13.5% to $65.2 million, with a gross profit increase of 27.7% to $20.9 million. The service segment revenue grew by 15.4%, and the distribution segment sales increased by 10.4%. Adjusted EBITDA increased by 38.5% to $9.1 million, and net income per diluted share was $0.38 compared to $0.21 last year.
Transcat reported an 11.3% increase in consolidated revenue, driven by a 17.5% increase in service revenue and a 10.0% increase in service organic revenue. Gross margin expanded by 230 basis points, and adjusted EBITDA grew by 23.9% with a 160 basis point margin expansion.
Transcat reported a strong first quarter with a 10.9% increase in consolidated revenue and a 160 basis points expansion in gross margin. Service revenue grew by 17.6%, with organic service revenue growth of 11.2%. Adjusted EBITDA increased by 16%.
Transcat reported record revenue and gross margins for the fourth quarter and full year 2023. Consolidated revenue increased by 11.1% to $62.1 million, with a gross profit increase of 14.9% to $19.2 million. Adjusted EBITDA increased by 17.6% to $9.0 million, and net income per diluted share rose to $0.48 from $0.40.
Transcat reported a strong third quarter with a 12.8% increase in consolidated revenue, driven by a 19% increase in service revenue and a 3.7% increase in distribution sales. Gross margins expanded by 180 basis points, and adjusted EBITDA increased by 20.5%.
Transcat reported a 12% increase in consolidated revenue, driven by strong performance in both the Service and Distribution segments. Service revenue grew by 19%, while Distribution revenue increased by 1.6%. The company's EBITDA increased by 6% to $7.5 million.
Transcat reported a strong start to fiscal year 2023, with a 14.4% increase in consolidated revenue to $54.7 million. Service segment revenue grew by 23%, and the distribution segment increased by 2.7%. The company's adjusted EBITDA rose by 20% to $7.3 million.
Transcat reported a strong fiscal year 2022, with consolidated fourth-quarter revenue up 14.6% year-over-year to $55.9 million and full fiscal year revenue surpassing $200 million. The Service segment saw a 19.6% revenue increase in the fourth quarter, while the Distribution segment grew by 7.2%. Diluted earnings per share for the fourth quarter were $0.40, and adjusted diluted earnings per share was $0.54.
Transcat reported strong third-quarter results, driven by the Service business, which saw a 22% revenue increase. The Distribution segment also experienced growth, and the company's adjusted EBITDA increased by 20% compared to the previous year.
Transcat reported excellent second quarter results driven by broad-based revenue strength and solid operational execution across both operating segments. Consolidated revenue increased by 21.1% to $50.4 million, and adjusted EBITDA increased by 35.5% to $7.1 million.