Transcat, Inc. ($TRNS) posted higher sales in its first quarter of 2027, with revenue rising 21.6% year over year to $92.9 million. Gross profit also improved, increasing 19.0% to $30.7 million, reflecting continued top-line growth for the measurement and calibration services company.
Profitability was weaker on the bottom line. Operating profit fell 30.3% to $3.7 million, while net income attributable to common shareholders dropped 59.2% to $1.3 million. Diluted earnings per share came in at $0.14, down 60.0% from a year earlier.
Cash generation was a bright spot, with cash from operating activities surging 143.4% year over year to $8.8 million. The company ended the quarter with $6.7 million in cash and cash equivalents, while capital spending totaled $4.0 million. Total liabilities increased to $189.7 million.
- Revenue: $92.9 million, up 21.6%
- Gross profit: $30.7 million, up 19.0%
- Operating profit: $3.7 million, down 30.3%
- Net income: $1.3 million, down 59.2%
- Operating cash flow: $8.8 million, up 143.4%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Transcat, Inc. Hedge Fund Activity
We have seen 78 institutional investors add shares of Transcat, Inc. stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OPHIR ASSET MANAGEMENT PTY LTD added 545,515 shares (+inf%) to their portfolio in Q1 2026, for an estimated $40,068,076
- BARROW HANLEY MEWHINNEY & STRAUSS LLC added 327,442 shares (+inf%) to their portfolio in Q1 2026, for an estimated $24,050,614
- PARADICE INVESTMENT MANAGEMENT LLC added 248,432 shares (+inf%) to their portfolio in Q1 2026, for an estimated $18,247,330
- RIVERBRIDGE PARTNERS LLC removed 108,087 shares (-34.8%) from their portfolio in Q2 2026, for an estimated $10,027,230
- OSTERWEIS CAPITAL MANAGEMENT INC added 100,462 shares (+inf%) to their portfolio in Q1 2026, for an estimated $7,378,933
- THRIVENT FINANCIAL FOR LUTHERANS added 92,632 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,803,820
- HOOD RIVER CAPITAL MANAGEMENT LLC added 68,738 shares (+12.6%) to their portfolio in Q1 2026, for an estimated $5,048,806
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Transcat, Inc. Government Contracts
We have seen $1,026,558 of award payments to $TRNS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- CALIBRATION AND REPAIR SERVICES FOR BASE PERIOD. PERIOD OF PERFORMANCE (POP) 9/26/2025-9/25/2026.: $291,600
- GAGE CALIBRATION - FFP: $222,209
- SERVICE: $29,037
- BIOMEDICAL DEVICE TESTING CALIBRATION SERVICES: $23,186
- CALIBRATION SERVICES: $23,108
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
