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Side-by-side financial comparison of Priority Technology Holdings, Inc. (PRTH) and Thermon Group Holdings, Inc. (THR). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $147.3M, roughly 1.7× Thermon Group Holdings, Inc.). Thermon Group Holdings, Inc. runs the higher net margin — 12.4% vs 3.6%, a 8.8% gap on every dollar of revenue. On growth, Thermon Group Holdings, Inc. posted the faster year-over-year revenue change (9.6% vs 8.8%). Priority Technology Holdings, Inc. produced more free cash flow last quarter ($30.9M vs $13.1M).

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

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.

PRTH vs THR — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.7× larger
PRTH
$247.1M
$147.3M
THR
Growing faster (revenue YoY)
THR
THR
+0.8% gap
THR
9.6%
8.8%
PRTH
Higher net margin
THR
THR
8.8% more per $
THR
12.4%
3.6%
PRTH
More free cash flow
PRTH
PRTH
$17.8M more FCF
PRTH
$30.9M
$13.1M
THR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PRTH
PRTH
THR
THR
Revenue
$247.1M
$147.3M
Net Profit
$8.9M
$18.3M
Gross Margin
46.6%
Operating Margin
13.6%
18.1%
Net Margin
3.6%
12.4%
Revenue YoY
8.8%
9.6%
Net Profit YoY
23.9%
-1.3%
EPS (diluted)
$0.10
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRTH
PRTH
THR
THR
Q4 25
$247.1M
$147.3M
Q3 25
$241.4M
$131.7M
Q2 25
$239.8M
$108.9M
Q1 25
$224.6M
Q4 24
$227.1M
Q3 24
$227.0M
Q2 24
$219.9M
Q1 24
$205.7M
Net Profit
PRTH
PRTH
THR
THR
Q4 25
$8.9M
$18.3M
Q3 25
$27.6M
$15.0M
Q2 25
$10.9M
$8.6M
Q1 25
$8.3M
Q4 24
$7.2M
Q3 24
$10.6M
Q2 24
$994.0K
Q1 24
$5.2M
Gross Margin
PRTH
PRTH
THR
THR
Q4 25
46.6%
Q3 25
46.4%
Q2 25
44.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
PRTH
PRTH
THR
THR
Q4 25
13.6%
18.1%
Q3 25
15.6%
16.4%
Q2 25
15.6%
10.8%
Q1 25
14.5%
Q4 24
15.0%
Q3 24
16.8%
Q2 24
15.1%
Q1 24
13.6%
Net Margin
PRTH
PRTH
THR
THR
Q4 25
3.6%
12.4%
Q3 25
11.4%
11.4%
Q2 25
4.5%
7.9%
Q1 25
3.7%
Q4 24
3.2%
Q3 24
4.7%
Q2 24
0.5%
Q1 24
2.5%
EPS (diluted)
PRTH
PRTH
THR
THR
Q4 25
$0.10
$0.55
Q3 25
$0.34
$0.45
Q2 25
$0.14
$0.26
Q1 25
$0.10
Q4 24
$-0.05
Q3 24
$0.07
Q2 24
$-0.23
Q1 24
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRTH
PRTH
THR
THR
Cash + ST InvestmentsLiquidity on hand
$77.2M
$46.9M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$-100.4M
$538.7M
Total Assets
$2.4B
$816.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTH
PRTH
THR
THR
Q4 25
$77.2M
$46.9M
Q3 25
$57.0M
$29.7M
Q2 25
$50.6M
$36.5M
Q1 25
$47.6M
Q4 24
$58.6M
Q3 24
$41.1M
Q2 24
$34.6M
Q1 24
$34.3M
Total Debt
PRTH
PRTH
THR
THR
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Q1 24
$631.4M
Stockholders' Equity
PRTH
PRTH
THR
THR
Q4 25
$-100.4M
$538.7M
Q3 25
$-110.3M
$515.2M
Q2 25
$-146.1M
$509.3M
Q1 25
$-158.3M
Q4 24
$-166.8M
Q3 24
$-165.8M
Q2 24
$-172.1M
Q1 24
$-159.9M
Total Assets
PRTH
PRTH
THR
THR
Q4 25
$2.4B
$816.7M
Q3 25
$2.2B
$778.2M
Q2 25
$2.0B
$765.3M
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRTH
PRTH
THR
THR
Operating Cash FlowLast quarter
$36.8M
$18.0M
Free Cash FlowOCF − Capex
$30.9M
$13.1M
FCF MarginFCF / Revenue
12.5%
8.9%
Capex IntensityCapex / Revenue
2.4%
3.3%
Cash ConversionOCF / Net Profit
4.12×
0.98×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTH
PRTH
THR
THR
Q4 25
$36.8M
$18.0M
Q3 25
$36.1M
$7.4M
Q2 25
$17.1M
$10.7M
Q1 25
$10.0M
Q4 24
$23.8M
Q3 24
$19.8M
Q2 24
$28.7M
Q1 24
$13.3M
Free Cash Flow
PRTH
PRTH
THR
THR
Q4 25
$30.9M
$13.1M
Q3 25
$30.1M
$4.4M
Q2 25
$9.2M
$8.3M
Q1 25
$4.9M
Q4 24
$19.1M
Q3 24
$14.5M
Q2 24
$23.6M
Q1 24
$6.7M
FCF Margin
PRTH
PRTH
THR
THR
Q4 25
12.5%
8.9%
Q3 25
12.5%
3.3%
Q2 25
3.8%
7.6%
Q1 25
2.2%
Q4 24
8.4%
Q3 24
6.4%
Q2 24
10.7%
Q1 24
3.3%
Capex Intensity
PRTH
PRTH
THR
THR
Q4 25
2.4%
3.3%
Q3 25
2.5%
2.3%
Q2 25
3.3%
2.2%
Q1 25
2.3%
Q4 24
2.0%
Q3 24
2.3%
Q2 24
2.3%
Q1 24
3.2%
Cash Conversion
PRTH
PRTH
THR
THR
Q4 25
4.12×
0.98×
Q3 25
1.31×
0.50×
Q2 25
1.57×
1.25×
Q1 25
1.20×
Q4 24
3.29×
Q3 24
1.87×
Q2 24
28.87×
Q1 24
2.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRTH
PRTH

Segment breakdown not available.

THR
THR

Other$73.7M50%
Transferred At Point In Time$56.1M38%
Transferred Over Time$17.5M12%

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