Strong Revenue Growth in Fiscal 2025
Consolidated revenue was up 7% to $278.4 million driven by consistent demand for Services and Products. Service revenue also grew 7% to $181.4 million, and distribution revenue increased 8% to $97 million.
Record Operating Cash Flow
Operating cash flow for the full fiscal year 2025 was a record $38.6 million, marking an 18% increase year-over-year.
Significant Acquisition of Martin Calibration
Acquired Martin Calibration, the largest acquisition in Transcat's history, contributing over $25 million in mostly calibration service revenue.
Service Segment Performance
Calibration services achieved double-digit revenue growth of 11% in Q4, with organic growth in the high-single-digit range. Service gross margin expanded 50 basis points to 36.2%.
Strong Balance Sheet
At year-end, Transcat had a total net debt of $31 million with a leverage ratio of 0.7x and $49 million available from the credit facility.