Transcat, Inc.

Transcat, Inc. is a leading North American provider of accredited calibration services, along with the distribution and rental of professional-grade test, measurement, and control instrumentation. Founded in 1964 and headquartered in Rochester, New York, the company's mission is to deliver best-in-class calibration, compliance, and asset management solutions that ensure safety, quality, and operational excellence for its customers.

The company operates through two primary segments: Services and Distribution. Its services include ISO/IEC 17025-accredited calibration, repair, inspection, validation, and asset management solutions for electrical, mechanical, temperature, pressure, and dimensional instruments. Transcat also acts as a value-added distributor and renter of test and measurement equipment from over 500 manufacturers. The company serves highly regulated industries such as life sciences (pharmaceutical, biotechnology, medical device), aerospace, defense, energy, industrial manufacturing, and government.

In recent leadership changes, Jaime Irick was appointed President and CEO effective March 29, 2026, succeeding Lee Rudow, and Michael West was promoted to Chief Operating Officer. The company reported strong fiscal first-quarter 2027 financial results, with revenue increasing 22% to $92.9 million and service revenue growing 27% to $62.6 million. Transcat expanded its global footprint in April 2026 with the acquisition of SCM Metrology and Laboratories S.A., extending its reach into Latin America. Despite strong earnings, the stock experienced some analyst downgrades in August 2026, citing concerns over margin pressure in the Distribution segment and rising costs.