TransAct Q1 revenue up 10%, swings to operating profit; tariff regime shifts after Supreme Court ruling

Filed May 13, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2025 · ~2 min read

Key Changes

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  Operating income turned positive at $771K vs. $(15)K prior year, driven by 10% revenue growth to $14.4M, 160 bps gross margin expansion to 50.3%, and flat operating expenses. Reflects sustained recovery from 2024 casino inventory destocking.

  MD&A: Operating Results verify on EDGAR →
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  Supreme Court invalidated IEEPA tariffs in February 2026; new 10% Section 122 surcharge replaced prior 19% Thailand tariff. Company pursuing $0.5M refund and plans customer reimbursements for previously-passed-through tariff costs.

  MD&A: Tariff Developments verify on EDGAR →
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  Acquired perpetual license to BOHA! source code from Avery Dennison in 2025; now capitalizing internal labor costs, reducing Q1 R&D expense by $255K. Signals strategic shift toward owning software stack and reducing third-party reliance.

  MD&A: Engineering Expenses verify on EDGAR →