Thermon Group Holdings, Inc. (THR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 148.33M | 147.31M | 131.72M | 108.9M | 134.08M | 134.35M | 114.65M | 115.13M | 127.65M | 136.43M | 123.66M | 106.89M | 122.48M | 122.11M | 100.56M | 95.44M | 102.58M | 100.61M | 81.32M | 71.16M |
| Revenue Growth % | 10.63% | 9.64% | 14.89% | -5.41% | 5.03% | -1.52% | -7.29% | 7.71% | 4.22% | 11.72% | 22.97% | 11.99% | 19.4% | 21.37% | 23.65% | 34.13% | 39.91% | 26.39% | 22.46% | 25.17% |
| Cost of Goods Sold | 83.05M | 78.66M | 70.65M | 60.85M | 74.65M | 72.23M | 63.74M | 64.69M | 75.27M | 79.02M | 69.2M | 59.58M | 70.96M | 71.66M | 54.63M | 58.22M | 61.47M | 59.87M | 49.6M | 44.62M |
| COGS % of Revenue | 55.99% | 53.4% | 53.63% | 55.88% | 55.67% | 53.76% | 55.59% | 56.19% | 58.96% | 57.92% | 55.96% | 55.74% | 57.93% | 58.68% | 54.33% | 61% | 59.92% | 59.5% | 60.99% | 62.7% |
| Gross Profit | 65.28M | 68.65M | 61.08M | 48.05M | 59.43M | 62.12M | 50.91M | 50.43M | 52.39M | 57.41M | 54.46M | 47.31M | 51.52M | 50.45M | 45.93M | 37.23M | 41.11M | 40.75M | 31.72M | 26.54M |
| Gross Margin % | 44.01% | 46.6% | 46.37% | 44.12% | 44.32% | 46.24% | 44.41% | 43.81% | 41.04% | 42.08% | 44.04% | 44.26% | 42.07% | 41.32% | 45.67% | 39% | 40.08% | 40.5% | 39.01% | 37.3% |
| Gross Profit Growth % | 9.85% | 10.51% | 19.96% | -4.73% | 13.45% | 8.21% | -6.51% | 6.6% | 1.67% | 13.8% | 18.58% | 27.09% | 25.33% | 23.81% | 44.78% | 40.27% | 50.96% | 10.25% | 9.64% | 10.03% |
| Operating Expenses | 54.5M | 42M | 39.5M | 36.32M | 36.3M | 34.44M | 35.71M | 36.7M | 35.56M | 35.96M | 32.77M | 31.89M | 37.65M | 36.39M | 29.89M | 26.01M | 28.08M | 24.58M | 25.5M | 23.55M |
| OpEx % of Revenue | 36.74% | 28.51% | 29.98% | 33.35% | 27.07% | 25.63% | 31.15% | 31.88% | 27.86% | 26.36% | 26.5% | 29.84% | 30.74% | 29.8% | 29.72% | 27.25% | 27.38% | 24.43% | 31.35% | 33.1% |
| Selling, General & Admin | 52.3M | 38.52M | 35.99M | 32.83M | 32.87M | 34M | 31.69M | 31.19M | 33.38M | 32.5M | 30.24M | 28.93M | 34.25M | 31.35M | 27.45M | 23.74M | 26.19M | 22.39M | 23.31M | 21.73M |
| SG&A % of Revenue | 35.26% | 26.15% | 27.33% | 30.15% | 24.52% | 25.31% | 27.64% | 27.09% | 26.15% | 23.83% | 24.46% | 27.06% | 27.96% | 25.68% | 27.3% | 24.88% | 25.53% | 22.25% | 28.66% | 30.54% |
| Research & Development | 0 | 0 | 0 | 0 | 9.43M | 0 | 0 | 0 | 10.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | 7.03% | - | - | - | 7.85% | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | -1000K | 434K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 10.78M | 26.65M | 21.58M | 11.73M | 23.13M | 27.69M | 15.2M | 13.73M | 16.82M | 21.45M | 21.68M | 15.41M | 13.88M | 14.06M | 16.04M | 11.21M | 13.03M | 16.17M | 6.22M | 2.98M |
| Operating Margin % | 7.27% | 18.09% | 16.38% | 10.77% | 17.25% | 20.61% | 13.26% | 11.93% | 13.18% | 15.72% | 17.54% | 14.42% | 11.33% | 11.52% | 15.95% | 11.75% | 12.7% | 16.07% | 7.65% | 4.19% |
| Operating Income Growth % | -53.4% | -3.73% | 41.95% | -14.63% | 37.5% | 29.08% | -29.89% | -10.89% | 21.25% | 52.53% | 35.2% | 37.45% | 6.51% | -13.03% | 157.64% | 275.93% | 882.5% | 59.14% | 104.37% | 144.16% |
| EBITDA | 10.78M | 32.35M | 27.39M | 17.39M | 28.71M | 33.31M | 20.78M | 19.3M | 22.59M | 25.72M | 26.05M | 19.85M | 18.55M | 18.77M | 21M | 16.11M | 17.88M | 21.14M | 11.31M | 8.27M |
| EBITDA Margin % | 7.27% | 21.96% | 20.79% | 15.97% | 21.41% | 24.79% | 18.12% | 16.76% | 17.69% | 18.85% | 21.06% | 18.57% | 15.15% | 15.37% | 20.88% | 16.88% | 17.43% | 21.01% | 13.91% | 11.63% |
| EBITDA Growth % | -62.45% | -2.87% | 31.82% | -9.9% | 27.12% | 29.5% | -20.23% | -2.8% | 21.76% | 37.06% | 24.06% | 23.24% | 3.72% | -11.23% | 85.62% | 94.69% | 178.09% | 39.69% | 42.69% | 933.23% |
| D&A (Non-Cash Add-back) | 0 | 5.7M | 5.81M | 5.66M | 5.58M | 5.62M | 5.57M | 5.56M | 5.76M | 4.27M | 4.36M | 4.44M | 4.67M | 4.71M | 4.96M | 4.89M | 4.86M | 4.97M | 5.09M | 5.29M |
| EBIT | 10.78M | 26.79M | 22.04M | 12.97M | 23.24M | 27.56M | 15.77M | 13.88M | 17.25M | 22.1M | 21.42M | 15.76M | 14.38M | 14.72M | 15.7M | 10.3M | 12.38M | 15.54M | 3.27M | 3.05M |
| Net Interest Income | -1.85M | -2.16M | -2.02M | -1.96M | -2.15M | -2.54M | -2.79M | -2.85M | -3.58M | -1.75M | -1.93M | -1.58M | -1.75M | -1.88M | -1.41M | -835K | -786K | -842K | -2.02M | -2.17M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.85M | 2.16M | 2.02M | 1.96M | 2.15M | 2.54M | 2.79M | 2.85M | 3.58M | 1.75M | 1.93M | 1.58M | 1.75M | 1.88M | 1.41M | 835K | 786K | 842K | 2.02M | 2.17M |
| Other Income/Expense | -2.2M | -2.03M | -1.57M | -719K | -2.05M | -2.66M | -2.23M | -2.7M | -3.16M | -1.1M | -2.19M | -1.24M | -1.25M | -1.22M | -1.74M | -1.75M | -1.43M | -1.47M | -4.98M | -2.1M |
| Pretax Income | 8.58M | 24.62M | 20.01M | 11.01M | 21.09M | 25.02M | 12.98M | 11.03M | 13.66M | 20.35M | 19.49M | 14.17M | 12.63M | 12.84M | 14.29M | 9.46M | 11.59M | 14.7M | 1.25M | 884K |
| Pretax Margin % | 5.79% | 16.72% | 15.19% | 10.11% | 15.73% | 18.63% | 11.32% | 9.58% | 10.7% | 14.91% | 15.76% | 13.26% | 10.31% | 10.52% | 14.22% | 9.91% | 11.3% | 14.61% | 1.53% | 1.24% |
| Income Tax | 5.84M | 6.33M | 5.06M | 2.43M | 4.12M | 6.49M | 3.48M | 2.52M | 3.58M | 4.51M | 4.76M | 3.23M | 4.93M | 4.42M | 3.31M | 2.91M | 2.91M | 3.43M | 770K | 1.22M |
| Effective Tax Rate % | 68.01% | 25.72% | 25.28% | 22.04% | 19.52% | 25.92% | 26.83% | 22.84% | 26.2% | 22.17% | 24.43% | 22.81% | 39.03% | 34.41% | 23.16% | 30.72% | 25.09% | 23.33% | 61.75% | 138.46% |
| Net Income | 2.75M | 18.29M | 14.95M | 8.58M | 16.97M | 18.54M | 9.49M | 8.51M | 10.08M | 15.84M | 14.73M | 10.94M | 7.7M | 8.43M | 10.98M | 6.56M | 8.69M | 11.27M | 477K | -340K |
| Net Margin % | 1.85% | 12.42% | 11.35% | 7.88% | 12.66% | 13.8% | 8.28% | 7.39% | 7.9% | 11.61% | 11.91% | 10.23% | 6.29% | 6.9% | 10.92% | 6.87% | 8.47% | 11.2% | 0.59% | -0.48% |
| Net Income Growth % | -83.83% | -1.34% | 57.51% | 0.82% | 68.31% | 17.06% | -35.55% | -22.19% | 30.93% | 87.98% | 34.1% | 66.84% | -11.33% | -25.24% | 2202.73% | 2028.24% | 1238.27% | 82.51% | -74.05% | 94.41% |
| Net Income (Continuing) | 2.75M | 18.29M | 14.95M | 8.58M | 16.97M | 18.54M | 9.49M | 8.51M | 10.08M | 15.84M | 14.73M | 10.94M | 7.7M | 8.43M | 10.98M | 6.56M | 8.69M | 11.27M | 477K | -340K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.08 | 0.55 | 0.45 | 0.26 | 0.50 | 0.54 | 0.28 | 0.25 | 0.29 | 0.46 | 0.43 | 0.32 | 0.23 | 0.25 | 0.33 | 0.20 | 0.26 | 0.33 | 0.01 | -0.01 |
| EPS Growth % | -84% | 1.85% | 60.71% | 4% | 72.41% | 17.39% | -34.88% | -21.88% | 26.09% | 84% | 30.3% | 60% | -11.54% | -24.24% | 3200% | 2100% | 1230.43% | 83.33% | -83.33% | 94.44% |
| EPS (Basic) | 0.08 | 0.56 | 0.45 | 0.26 | 0.51 | 0.55 | 0.28 | 0.25 | 0.30 | 0.47 | 0.44 | 0.33 | 0.23 | 0.25 | 0.33 | 0.20 | 0.26 | 0.34 | 0.01 | -0.01 |
| Diluted Shares Outstanding | 33.22M | 32.99M | 33.24M | 33.31M | 34.06M | 34.09M | 34.14M | 34.08M | 34.24M | 34.2M | 34.13M | 33.86M | 33.98M | 33.88M | 33.77M | 33.57M | 33.7M | 33.66M | 33.59M | 33.26M |
| Basic Shares Outstanding | 32.86M | 32.76M | 32.95M | 33.14M | 33.71M | 33.71M | 33.79M | 33.76M | 33.72M | 33.7M | 33.69M | 33.57M | 33.51M | 33.49M | 33.48M | 33.4M | 33.35M | 33.34M | 33.33M | 33.26M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |