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Thermon Group Holdings (THR)

Earnings summaries and quarterly performance for Thermon Group Holdings.

Recent press releases and 8-K filings for THR.

THR Reports Q1 Fiscal 2025 Results and Provides Fiscal 2025 Guidance
THR
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • For Q1 Fiscal 2025, revenue increased to $115.1 million, a 7.7% year-over-year growth, primarily driven by the Vapor Power acquisition and OPEX growth, despite a 5.3% organic revenue decline due to large project delays.
  • Adjusted EBITDA grew 5.0% to $23.2 million in Q1 Fiscal 2025, while Adjusted EPS decreased 5.0% to $0.38.
  • The company generated $8.8 million in Free Cash Flow and reduced its net leverage to 1.1x during Q1 Fiscal 2025.
  • For Fiscal Year 2025, THR anticipates revenue between $527 million and $553 million (representing 7%-12% growth) and Adjusted EPS between $1.90 and $2.06.
Nov 6, 2025, 4:00 PM
Thermon Announces Strong Q2 2026 Results and Raises Full-Year Guidance
THR
Earnings
Guidance Update
Product Launch
  • THR reported strong Q2 2026 results, with revenue increasing 15% to $131.7 million and Adjusted EBITDA growing 29% to $30.6 million, resulting in an Adjusted EPS of $0.55.
  • The company updated its full-year 2026 guidance, raising the expected revenue range to $506 - $527 million and Adjusted EPS to $2.00 - $2.15.
  • THR maintained a net leverage of 1.0x and returned $6 million in capital through share repurchases during Q2 2026, with a refreshed $50 million share repurchase authorization in place.
  • The company secured its first order for the new Poseidon Liquid Load Bank datacenter testing solution, with a quote log expanding to nearly $30 million.
Nov 6, 2025, 4:00 PM
Thermon (THR) Announces Strong Q2 2026 Results and Raises Full-Year Guidance
THR
Earnings
Guidance Update
New Projects/Investments
  • Thermon (THR) reported strong Q2 2026 results, with revenue up 15% year-over-year to $131.7 million and adjusted EBITDA increasing 29% to $30.6 million.
  • The company raised its full-year 2026 financial guidance, projecting revenue between $506 million-$527 million and adjusted EBITDA between $112 million-$119 million.
  • Strategic growth initiatives are advancing, including securing the first order for the Poseidon Liquid Load Bank for data centers and two initial orders totaling nearly $10 million for Quantum medium voltage heaters.
  • Thermon ended the quarter with a strong financial position, including net leverage at 1.0 times and $129 million in total liquidity.
Nov 6, 2025, 4:00 PM
Thermon Reports Strong Q2 Fiscal 2026 Results and Raises Full-Year Guidance
THR
Earnings
Guidance Update
Share Buyback
  • Thermon Group Holdings, Inc. reported Q2 2026 revenue of $131.7 million, a 14.9% increase compared to the prior year period.
  • For Q2 2026, net income was $15.0 million, or $0.45 diluted EPS, and Adjusted EBITDA was $30.6 million, or $0.55 Adjusted EPS.
  • The company raised its full-year Fiscal 2026 guidance, now expecting revenue between $506 million and $527 million, Adjusted EBITDA between $112 million and $119 million, GAAP EPS between $1.62 and $1.77, and Adjusted EPS between $2.00 and $2.15.
  • As of September 30, 2025, Thermon maintained a Net Leverage ratio of 1.0x and had $129.1 million in total liquidity, having repurchased $6 million of shares during the quarter.
Nov 6, 2025, 11:45 AM