---
schema_version: "secwatch.filing_event.v1"
accession: "0001489096-22-000153"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:48:08.342869+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Thermon Q2 revenue up 24% to $100.6M; raises FY2023 guidance

## Summary
- GAAP EPS $0.33 vs $0.01 prior year; adjusted EPS $0.38 vs $0.12, up 217%.
- Revenue $100.6M (+24% YoY); organic sales up 20% ex-Powerblanket.
- Adjusted EBITDA $21.9M (+92%); gross margin improved to 45.7% from 39.0%.
- Raising FY2023 guidance: revenue $405-$420M, GAAP EPS $1.08-1.17, adj. EPS $1.30-1.39.
- Net debt/adj. EBITDA ratio improved to 1.4x from 2.3x; free cash flow ($1.3M).

## SEC filing metadata
- accession: 0001489096-22-000153
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000148909622000153/0001489096-22-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000148909622000153/thr-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489096-22-000153
- JSON: https://secwatch.observer/filing/0001489096-22-000153.json
- Plain text: https://secwatch.observer/filing/0001489096-22-000153.txt

## Key facts
- Earnings Releases
  Thermon Group Holdings, Inc. updated its second quarter of the fiscal year ending March 31, 2023 guidance (raised).
  - Period: second quarter of the fiscal year ending March 31, 2023
  - Guidance: raised
  - Result: reported results
  source text: On November 3, 2022, Thermon Group Holdings, Inc. (“Thermon”) issued a press release announcing its consolidated financial results for the second quarter of the fiscal year ending March 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489096/000148909622000153/0001489096-22-000153-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.