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Side-by-side financial comparison of TRANSCAT INC (TRNS) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.

ZIPRECRUITER, INC. is the larger business by last-quarter revenue ($111.7M vs $83.9M, roughly 1.3× TRANSCAT INC). ZIPRECRUITER, INC. runs the higher net margin — -0.7% vs -1.3%, a 0.6% gap on every dollar of revenue. On growth, TRANSCAT INC posted the faster year-over-year revenue change (25.6% vs 0.6%). TRANSCAT INC produced more free cash flow last quarter ($9.5M vs $7.6M). Over the past eight quarters, TRANSCAT INC's revenue compounded faster (8.7% CAGR vs -4.4%).

Transcat Inc is a leading provider of calibration and measurement compliance solutions, as well as a distributor of professional test and measurement instruments. It serves core sectors including life sciences, aerospace, industrial manufacturing, energy and utilities, with primary operations across the United States and Canada, helping clients meet regulatory and operational accuracy requirements.

TRNS vs ZIP — Head-to-Head

Bigger by revenue
ZIP
ZIP
1.3× larger
ZIP
$111.7M
$83.9M
TRNS
Growing faster (revenue YoY)
TRNS
TRNS
+25.0% gap
TRNS
25.6%
0.6%
ZIP
Higher net margin
ZIP
ZIP
0.6% more per $
ZIP
-0.7%
-1.3%
TRNS
More free cash flow
TRNS
TRNS
$1.9M more FCF
TRNS
$9.5M
$7.6M
ZIP
Faster 2-yr revenue CAGR
TRNS
TRNS
Annualised
TRNS
8.7%
-4.4%
ZIP

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
TRNS
TRNS
ZIP
ZIP
Revenue
$83.9M
$111.7M
Net Profit
$-1.1M
$-835.0K
Gross Margin
30.1%
89.1%
Operating Margin
0.1%
3.6%
Net Margin
-1.3%
-0.7%
Revenue YoY
25.6%
0.6%
Net Profit YoY
-146.7%
92.3%
EPS (diluted)
$-0.12
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
TRNS
TRNS
ZIP
ZIP
Q4 25
$83.9M
$111.7M
Q3 25
$82.3M
$115.0M
Q2 25
$76.4M
$112.2M
Q1 25
$77.1M
$110.1M
Q4 24
$66.8M
$111.0M
Q3 24
$67.8M
$117.1M
Q2 24
$66.7M
$123.7M
Q1 24
$70.9M
$122.2M
Net Profit
TRNS
TRNS
ZIP
ZIP
Q4 25
$-1.1M
$-835.0K
Q3 25
$1.3M
$-9.8M
Q2 25
$3.3M
$-9.5M
Q1 25
$4.5M
$-12.8M
Q4 24
$2.4M
$-10.8M
Q3 24
$3.3M
$-2.6M
Q2 24
$4.4M
$7.0M
Q1 24
$6.9M
$-6.5M
Gross Margin
TRNS
TRNS
ZIP
ZIP
Q4 25
30.1%
89.1%
Q3 25
32.5%
89.1%
Q2 25
33.8%
89.3%
Q1 25
33.6%
89.4%
Q4 24
29.5%
89.6%
Q3 24
31.3%
89.4%
Q2 24
34.0%
89.5%
Q1 24
33.9%
89.1%
Operating Margin
TRNS
TRNS
ZIP
ZIP
Q4 25
0.1%
3.6%
Q3 25
4.3%
-4.4%
Q2 25
7.0%
-5.9%
Q1 25
9.0%
-10.6%
Q4 24
3.1%
-3.6%
Q3 24
5.5%
-2.8%
Q2 24
7.6%
7.6%
Q1 24
13.0%
-0.7%
Net Margin
TRNS
TRNS
ZIP
ZIP
Q4 25
-1.3%
-0.7%
Q3 25
1.5%
-8.5%
Q2 25
4.3%
-8.5%
Q1 25
5.8%
-11.7%
Q4 24
3.5%
-9.7%
Q3 24
4.8%
-2.2%
Q2 24
6.6%
5.7%
Q1 24
9.7%
-5.3%
EPS (diluted)
TRNS
TRNS
ZIP
ZIP
Q4 25
$-0.12
$-0.03
Q3 25
$0.14
$-0.11
Q2 25
$0.35
$-0.10
Q1 25
$0.49
$-0.13
Q4 24
$0.25
$-0.10
Q3 24
$0.35
$-0.03
Q2 24
$0.48
$0.07
Q1 24
$0.81
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
TRNS
TRNS
ZIP
ZIP
Cash + ST InvestmentsLiquidity on hand
$3.5M
$188.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$296.8M
$-77.2M
Total Assets
$472.9M
$569.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TRNS
TRNS
ZIP
ZIP
Q4 25
$3.5M
$188.0M
Q3 25
$5.1M
$211.8M
Q2 25
$1.9M
$203.5M
Q1 25
$1.5M
$221.1M
Q4 24
$4.6M
$218.4M
Q3 24
$23.8M
$225.6M
Q2 24
$22.7M
$271.7M
Q1 24
$35.2M
$282.5M
Stockholders' Equity
TRNS
TRNS
ZIP
ZIP
Q4 25
$296.8M
$-77.2M
Q3 25
$295.4M
$-76.1M
Q2 25
$292.5M
$-65.9M
Q1 25
$286.9M
$-11.3M
Q4 24
$281.1M
$13.4M
Q3 24
$268.8M
$13.6M
Q2 24
$262.3M
$24.4M
Q1 24
$225.2M
$12.7M
Total Assets
TRNS
TRNS
ZIP
ZIP
Q4 25
$472.9M
$569.7M
Q3 25
$484.9M
$573.6M
Q2 25
$392.5M
$592.4M
Q1 25
$385.2M
$629.4M
Q4 24
$386.0M
$664.1M
Q3 24
$323.6M
$652.0M
Q2 24
$323.7M
$665.3M
Q1 24
$287.6M
$662.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
TRNS
TRNS
ZIP
ZIP
Operating Cash FlowLast quarter
$12.1M
$7.7M
Free Cash FlowOCF − Capex
$9.5M
$7.6M
FCF MarginFCF / Revenue
11.3%
6.8%
Capex IntensityCapex / Revenue
3.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$24.9M
$9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TRNS
TRNS
ZIP
ZIP
Q4 25
$12.1M
$7.7M
Q3 25
$12.9M
$2.6M
Q2 25
$3.6M
$10.5M
Q1 25
$10.6M
$-9.9M
Q4 24
$12.6M
$12.5M
Q3 24
$6.8M
$9.3M
Q2 24
$8.9M
$21.9M
Q1 24
$5.7M
$2.0M
Free Cash Flow
TRNS
TRNS
ZIP
ZIP
Q4 25
$9.5M
$7.6M
Q3 25
$8.4M
$2.2M
Q2 25
$-975.0K
$10.2M
Q1 25
$7.9M
$-10.2M
Q4 24
$9.7M
$12.0M
Q3 24
$2.9M
$9.2M
Q2 24
$5.3M
$21.7M
Q1 24
$1.5M
$1.9M
FCF Margin
TRNS
TRNS
ZIP
ZIP
Q4 25
11.3%
6.8%
Q3 25
10.3%
1.9%
Q2 25
-1.3%
9.1%
Q1 25
10.3%
-9.3%
Q4 24
14.6%
10.8%
Q3 24
4.2%
7.8%
Q2 24
7.9%
17.6%
Q1 24
2.2%
1.6%
Capex Intensity
TRNS
TRNS
ZIP
ZIP
Q4 25
3.2%
0.1%
Q3 25
5.4%
0.3%
Q2 25
6.0%
0.3%
Q1 25
3.5%
0.3%
Q4 24
4.3%
0.4%
Q3 24
5.8%
0.2%
Q2 24
5.5%
0.1%
Q1 24
5.9%
0.1%
Cash Conversion
TRNS
TRNS
ZIP
ZIP
Q4 25
Q3 25
10.15×
Q2 25
1.11×
Q1 25
2.38×
Q4 24
5.34×
Q3 24
2.08×
Q2 24
2.02×
3.12×
Q1 24
0.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

TRNS
TRNS

Segment breakdown not available.

ZIP
ZIP

License$84.3M75%
Services$27.4M25%

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