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THERMON GROUP HOLDINGS, INC.

CIK: 1489096 SIC: 3620
$522.01M
Revenue
$58.80M
Net Income
45.44%
Gross Margin
15.92%
Op. Margin
$75.73M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 45 quarterly reports available
Breakdown Q3 2026
(Dec 31, 2025)
Q2 2026
(Sep 30, 2025)
Q1 2026
(Jun 30, 2025)
Q4 2025
(Mar 31, 2025)
Q3 2025
(Dec 31, 2024)
Q2 2025
(Sep 30, 2024)
+ Total Revenue $147.31M $131.72M $108.90M $134.08M $134.35M $114.65M
Revenue Growth % (YoY) 9.6% 14.9% nan% nan% nan% nan%
Cost of Revenue $78.66M $70.65M $60.85M $74.65M $72.23M $63.74M
+ Gross Profit $68.65M $61.08M $48.05M $59.43M $62.12M $50.91M
Gross Margin % 46.6% 46.4% 44.1% 44.3% 46.2% 44.4%
Selling General & Admin $38.30M $35.51M $32.17M $32.84M $34.12M $31.26M
+ Operating Income $26.65M $21.58M $11.73M $23.13M $27.69M $15.20M
Operating Margin % 18.1% 16.4% 10.8% 17.3% 20.6% 13.3%
Interest Expense $2.16M $2.02M $1.96M $2.23M $2.54M $2.79M
Other Income/Expense $132.00K $456.00K $1.24M $107.00K $-126.00K $563.00K
Income Before Tax $24.62M $20.01M $11.01M $21.09M $25.02M $12.98M
Income Tax Expense $6.33M $5.06M $2.43M $4.12M $6.49M $3.48M
+ Net Income $18.29M $14.95M $8.58M $16.97M $18.54M $9.49M
Net Margin % 12.4% 11.4% 7.9% 12.7% 13.8% 8.3%
Basic EPS 0.56 0.45 0.26 0.51 0.55 0.28
Diluted EPS 0.55 0.45 0.26 0.50 0.54 0.28
Basic Shares Outstanding 32.8M 33.0M 33.1M -45K 33.7M 33.8M
Diluted Shares Outstanding 33.2M 33.2M 33.3M -31K 34.1M 34.1M
Breakdown Q3 2026
(Dec 31, 2025)
Q2 2026
(Sep 30, 2025)
Q1 2026
(Jun 30, 2025)
Q4 2025
(Mar 31, 2025)
Q3 2025
(Dec 31, 2024)
Q2 2025
(Sep 30, 2024)
Cash & Cash Equivalents $46.86M $29.75M $36.53M $39.54M $38.74M $37.00M
Accounts Receivable $111.88M $102.12M $100.72M $109.83M $114.59M $93.50M
Inventory $116.99M $110.98M $104.92M $88.98M $92.31M $93.60M
Other Current Assets $19.79M $20.64M $14.09M $16.53M $18.03M $33.46M
Total Current Assets $320.62M $288.85M $272.87M $274.29M $280.23M $275.02M
Goodwill $271.39M $269.81M $271.79M $264.33M $263.55M $269.51M
Intangible Assets $107.37M $110.45M $114.62M $115.28M $118.12M $120.73M
Other Non-current Assets $20.52M $20.87M $19.04M $16.64M $16.29M $15.29M
Total Assets $816.70M $778.18M $765.34M $755.45M $763.39M $761.53M
Accounts Payable $38.89M $41.33M $33.31M $31.18M $29.70M $30.42M
Accrued Liabilities $34.44M $32.13M $31.02M $35.79M $32.45M $27.44M
Deferred Revenue $19.24M $16.86M $19.33M $19.60M $20.57M $13.40M
Total Current Liabilities $110.60M $102.46M $112.50M $112.66M $109.68M $98.27M
Long-term Debt $115.82M $118.09M $115.96M $120.37M $134.77M $143.17M
Deferred Tax Liabilities $9.29M $9.58M $9.91M $9.76M $9.58M $8.73M
Other Non-current Liabilities $9.61M $9.37M $8.87M $8.05M $10.13M $10.23M
Total Liabilities $278.00M $262.95M $256.03M $260.14M $274.71M $271.25M
Common Stock $33.00K $33.00K $33.00K $33.00K $34.00K $34.00K
Retained Earnings $384.12M $365.83M $350.88M $342.30M $325.33M $306.79M
Total Stockholders Equity $538.70M $515.23M $509.31M $495.31M $488.69M $490.29M
Total Liabilities & Equity $816.70M $778.18M $765.34M $755.45M $763.39M $761.53M
Breakdown Q3 2026
(Dec 31, 2025)
Q2 2026
(Sep 30, 2025)
Q1 2026
(Jun 30, 2025)
Q4 2025
(Mar 31, 2025)
Q3 2025
(Dec 31, 2024)
Q2 2025
(Sep 30, 2024)
Net Income $18.29M $14.95M $8.58M $16.97M $18.54M $9.49M
Depreciation & Amortization $5.70M $11.47M $5.66M $5.58M $16.76M $11.14M
Stock-based Compensation $5.20M $3.37M $1.48M $1.20M $4.05M $2.58M
Deferred Income Tax $-1.95M $-1.17M $-433.00K $1.20M $-2.28M $-1.51M
Change in Receivables $-1.58M $-10.67M $-12.44M $-5.48M $9.70M $-13.10M
Change in Inventory $25.91M $20.49M $13.46M $-3.80M $4.49M $6.99M
Change in Payables $6.06M $9.12M $1.02M $1.28M $-2.44M $-685.00K
Operating Cash Flow $36.15M $18.17M $10.74M $32.06M $31.06M $21.22M
Capital Expenditure $10.40M $5.49M $2.42M $3.07M $7.18M $5.79M
Acquisitions - - - $582.00K $9.96M -
Investing Cash Flow $-9.88M $-5.40M $-2.35M $-3.65M $-11.32M $-5.75M
Stock Repurchased $15.77M $15.77M $9.77M $13.95M $6.19M $3.84M
Financing Cash Flow $-15.72M $-19.48M $-12.64M $-28.60M $-27.82M $-13.66M
Net Change in Cash $11.18M $-5.94M $-2.70M $842.00K $-9.85M $2.27M
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $147.31M - $387.93M -
Cost of Revenue $78.66M - $210.16M -
Gross Profit $68.65M - $177.77M -
Selling General & Admin $38.30M - $105.99M -
Operating Income $26.65M - $59.96M -
Interest Expense $2.16M - $6.14M -
Other Income/Expense $132.00K - $1.83M -
Income Before Tax $24.62M - $55.65M -
Income Tax Expense $6.33M - $13.82M -
Net Income $18.29M $9.49M $41.83M -
Basic EPS 0.56 - 1.28 -
Diluted EPS 0.55 - 1.27 -
Condensed Consolidated Balance Sheets
Description Dec 31, 2025 Mar 31, 2025
Cash & Cash Equivalents $46.86M $39.54M
Accounts Receivable $111.88M $109.83M
Inventory $116.99M $88.98M
Other Current Assets $19.79M $16.53M
Total Current Assets $320.62M $274.29M
Goodwill $271.39M $264.33M
Intangible Assets $107.37M $115.28M
Other Non-current Assets $20.52M $16.64M
Total Assets $816.70M $755.45M
Accounts Payable $38.89M $31.18M
Accrued Liabilities $34.44M $35.79M
Deferred Revenue $19.24M $19.60M
Total Current Liabilities $110.60M $112.66M
Long-term Debt $115.82M $120.37M
Deferred Tax Liabilities $9.29M $9.76M
Other Non-current Liabilities $9.61M $8.05M
Total Liabilities $278.00M $260.14M
Common Stock $33.00K $33.00K
Retained Earnings $384.12M $342.30M
Total Stockholders Equity $538.70M $495.31M
Total Liabilities & Equity $816.70M $755.45M
Condensed Consolidated Statements of Cash Flows
Description Dec 31, 2025 Dec 31, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $18.29M $9.49M $41.83M -
Depreciation & Amortization $5.70M - $17.17M -
Stock-based Compensation - - $5.20M -
Deferred Income Tax - - $-1.95M -
Change in Receivables - - $-1.58M -
Change in Inventory - - $25.91M -
Change in Payables - - $6.06M -
Operating Cash Flow - - $36.15M -
Capital Expenditure - - $10.40M -
Investing Cash Flow - - $-9.88M -
Stock Repurchased - - $15.77M -
Financing Cash Flow - - $-15.72M -
Net Change in Cash - - $11.18M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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