TransAct reports 12% Q4 sales growth as gaming revenue rises

TransAct Technologies has reported preliminary financial results for the fourth quarter and full-year 2025, with higher sales in its casino and gaming segment helping lift quarterly and annual revenue.

The supplier said fourth quarter net sales increased 12% year-on-year to $11.5m. For full-year 2025, net sales rose 19% to $51.5m.

TransAct said the quarterly increase was driven by stronger sales in both its casino and gaming and food service technology, or FST, markets. 

Full-year recurring FST revenue rose 14% to $12.3m, while fourth quarter recurring FST revenue increased 24% to $3.4m.

Gross profit for the fourth quarter was $5.4m, with gross margin of 47.6%, up from 44.2% a year earlier. For the full year, gross profit rose to $25m, though gross margin edged down to 48.6% from 49.5%. 

The supplier reported an operating loss of $1.2m for the fourth quarter, compared with an operating loss of $1.1m in Q4 2024. Net loss for the quarter was $1.1m, compared with a net loss of $8m a year earlier, though the prior-year figure included a $7.3m non-cash income tax charge.

For full-year 2025, operating loss narrowed to $1.4m from $3.6m in 2024. Net loss for the year improved to $1.2m from $9.9m, again reflecting the impact of the prior-year tax-related charge. 

TransAct also reported adjusted EBITDA of negative $499,000 for the fourth quarter, compared with negative $705,000 in the prior-year quarter. Full-year adjusted EBITDA was $1.2m, compared with negative $1.5m in 2024.

TransAct CEO John Dillon said: "Our casino and gaming market also performed well and continues to provide steady cash flow."

The supplier expects full-year 2026 net sales of between $55m and $57m, with adjusted EBITDA in the range of $800,000 to $1.5m. TransAct also announced that Dana Loof joined as Chief Marketing Officer during the fourth quarter.

Gaming sector earnings updates have continued across the North American market in recent weeks. In February, Boyd Gaming reported fourth quarter 2025 revenue growth of 2% to $1.1bn and full-year revenue of $4.1bn, though quarterly net income and adjusted EBITDA both declined as Las Vegas operations came under pressure.