10-Q · May 13, 2026
TransAct Technologies (TACT) reported a strong Q1 2026 performance, with revenues reaching $14.4 million, exceeding expectations of $12.6 million and reflecting a 10% year-over-year growth. For the quarter, the company…
Earnings analysis · 10-Q
TACT earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
TransAct delivered a modest revenue beat at $13.948 million and reported diluted EPS of $0.00, while gross margin improved 2.0 percentage points year over year to 50.2%. FST recurring revenue and BOHA! units grew 13%…
Read full summary
TransAct delivered a modest revenue beat at $13.948 million and reported diluted EPS of $0.00, while gross margin improved 2.0 percentage points year over year to 50.2%. FST recurring revenue and BOHA! units grew 13% and 33%, respectively, although total revenue remained 0.4% below the prior-year quarter and casino sales declined. Management reiterated 2026 revenue guidance of $55 million-$57 million and raised adjusted EBITDA guidance to $1.5 million-$2.0 million; the 10-Q reported no material changes to the risk factors in the 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.0
- Gross margin
- 50.2%
- Segment
- Food Service Technology (FST) recurring revenue grew 13% year over year.
- Segment
- BOHA! unit sales grew 33% year over year.
- Segment
- Casino sales declined year over year; the filing materials do not provide a quantitative decline percentage.
What stood out
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Revenue Beat and EPS Improved
Second-quarter revenue was $13.948 million, approximately 1.8% above the $13.7 million estimate and 0.4% below $14 million in the prior-year quarter. Diluted EPS was $0.00 versus $(0.01) in the prior-year quarter and the $(0.01) estimate.
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Gross Margin Expanded
Gross margin expanded to 50.2% from 48.2% in the prior-year quarter, a 2.0 percentage-point improvement.
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FST Recurring Revenue Grew
FST recurring revenue increased 13% year over year, supporting the company’s recurring-revenue strategy.
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BOHA! Units Grew 33%
BOHA! unit sales increased 33% year over year, indicating continued adoption of the company’s cloud-connected food-service platform.
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Revenue Reiterated; EBITDA Raised
The company reiterated 2026 revenue guidance of $55 million-$57 million and raised adjusted EBITDA guidance to $1.5 million-$2.0 million.
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Share Repurchase Program Authorized
The board authorized a $3.0 million share repurchase program effective May 12, 2026, although no shares were repurchased during the quarter ended June 30, 2026.
What to watch
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Reported Sales Remained Below Prior Year
Revenue of $13.948 million was 0.4% below the $14 million prior-year level, reflecting pressure in reported sales despite growth in FST recurring revenue and BOHA! units.
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Casino and Tariff Headwinds
Casino sales declined year over year, and the prior earnings disclosure identified tariff refunds as reducing reported sales; the filing materials do not quantify either impact.
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Potential Cash Use for Repurchases
The company authorized up to $3.0 million for share repurchases while no shares were repurchased in the quarter ended June 30, 2026; future repurchases could use cash that might otherwise support operations or investment.
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No Material Risk-Factor Update
Management stated that there were no material changes to the risk factors disclosed in the 2025 Form 10-K, leaving the previously disclosed risks applicable.
Management's outlook
2026 revenue guidance was reiterated at $55 million-$57 million. Adjusted EBITDA guidance was raised to $1.5 million-$2.0 million; the prior adjusted EBITDA range was not disclosed. No numeric EPS guidance was provided.
Earlier filings 4
10-K · March 12, 2026
TransAct (TACT) is positioning to control and self-host its BOHA! foodservice software after acquiring a perpetual copy of the BOHA! source code for $2.55 million (plus ~ $1.0 million of transition professional…
10-Q · November 13, 2025
TransAct reported a clear sequential and year-over-year improvement in Q3 2025: net sales rose to $13,176,000 (Q3 2024: $10,867,000), gross margin expanded to 49.8% and the company swung to a small operating profit of…
10-Q · August 12, 2025
TransAct reported Q2 net sales of $13.798M (up $2.199M, +19.0% vs Q2 2024) with gross profit of $6.652M but a compressed gross margin of 48.2% (down from 52.7%). Operating loss narrowed to $(258)K (vs $(438)K) and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.