TransAct Technologies (TACT) Q2 2026 earnings summary

Executive summary

• Delivered solid Q2 2026 results with net sales of $13.9M, impacted by a $1M reduction for estimated customer refunds due to a Supreme Court tariff ruling; excluding this, net sales would have been $14.9M, up 8% year-over-year.

• FST recurring revenue grew 13% year-over-year to $3.4M, with software revenue up 47% to $732K.

• Adjusted EBITDA was $514K for Q2, affected by $400K in tariff adjustments; first half 2026 adjusted EBITDA reached $1.9M.

• Active online BOHA! units increased 33% year-over-year to 21,790.

• Launched next-generation BOHA! SaaS platform on Microsoft Azure, enhancing scalability and enabling AI integration.

Financial highlights

• Q2 net sales: $13.9M (up slightly from $13.8M prior year); excluding tariff impact, $14.9M (up 8% YoY).

• Gross margin: 50.2% (vs. 48.2% prior year), flat sequentially.

• Net loss: $50K (break-even EPS), improved from $143K loss prior year.

• Adjusted EBITDA: $514K for Q2 (vs. $478K prior year), $1.9M for first half 2026.

• Cash and equivalents: $19.4M at June 30, 2026; minimal revolver balance maintained for flexibility.

Outlook and guidance

• Reaffirmed full-year 2026 net sales outlook of $55M–$57M.

• Increased full-year adjusted EBITDA guidance to $1.5M–$2M.

• Gross margin expected in mid to high 40% range for full year.