Transcat delivered strong performance across its entire business portfolio in the fiscal third quarter, with consolidated revenue increasing by 25.6% to $83.9 million and gross profit rising by 28.3% to $25.3 million. Despite a net loss of $1.1 million, Adjusted EBITDA* grew 27.2% to $10.1 million, driven by robust revenue growth in both service and distribution segments.
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.