Thermon Group Holdings, Inc.THREarnings & Financial Report
Thermon Group Holdings, Inc. is a global provider of engineered thermal management solutions, specializing in heat tracing systems, heating cables, temperature monitoring controls, and associated installation support services. It serves core industrial segments including oil and gas, chemical processing, power generation, and food and beverage, with operating bases across North America, Europe, Asia-Pacific, and Latin America.
THR Q3 FY2026 Key Financial Metrics
Revenue
$147.3M
Gross Profit
$68.7M
Operating Profit
$26.7M
Net Profit
$18.3M
Gross Margin
46.6%
Operating Margin
18.1%
Net Margin
12.4%
YoY Growth
9.6%
EPS
$0.55
Thermon Group Holdings, Inc. Q3 FY2026 Financial Summary
Thermon Group Holdings, Inc. reported revenue of $147.3M (up 9.6% YoY) for Q3 FY2026, with a net profit of $18.3M (down 1.3% YoY) (12.4% margin). Cost of goods sold was $78.7M, operating expenses totaled $42.0M.
Key Financial Metrics
| Total Revenue | $147.3M |
|---|---|
| Net Profit | $18.3M |
| Gross Margin | 46.6% |
| Operating Margin | 18.1% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Thermon Group Holdings, Inc. Q3 FY2026 revenue of $147.3M breaks down across 3 segments, led by Other at $73.7M (50.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $73.7M | 50.0% |
| Transferred At Point In Time | $56.1M | 38.1% |
| Transferred Over Time | $17.5M | 11.9% |
Thermon Group Holdings, Inc. Revenue by Segment — Quarterly Trend
Thermon Group Holdings, Inc. revenue by segment across the last 3 reported quarters, showing how each business line (such as Other and Transferred At Point In Time) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|
| Other | $73.7M | $67.9M | $58.9M |
| Transferred At Point In Time | $56.1M | $45.4M | $37.8M |
| Transferred Over Time | $17.5M | $18.4M | $12.3M |
Thermon Group Holdings, Inc. Quarterly Revenue & Net Profit History
Thermon Group Holdings, Inc. results over the last 3 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $147.3M | +9.6% | $18.3M | 12.4% |
| Q2 FY2026 | $131.7M | +14.9% | $15.0M | 11.4% |
| Q1 FY2026 | $108.9M | -5.4% | $8.6M | 7.9% |
Income Statement
| Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|
| Revenue | $108.9M | $131.7M | $147.3M |
| YoY Growth | -5.4% | 14.9% | 9.6% |
Balance Sheet
| Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|
| Assets | $765.3M | $778.2M | $816.7M |
| Liabilities | $256.0M | $263.0M | $278.0M |
| Equity | $509.3M | $515.2M | $538.7M |
Cash Flow
| Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|
| Operating CF | $10.7M | $7.4M | $18.0M |