---
schema_version: "secwatch.filing_event.v1"
accession: "0001489096-23-000114"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:53:33.714328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Thermon reports record Q1 revenue $106.9M; raises FY2024 EPS guidance

## Summary
- Revenue of $106.9M, up 12% YoY; GAAP EPS $0.32, adjusted EPS $0.40 (up 60% YoY).
- Net income $10.9M (+67%); Adjusted EBITDA $22.1M (+33%), margin 20.7% (+330 bps).
- Bookings $120.1M (book-to-bill 1.12x); backlog $178.1M, up 8% YoY.
- FY2024 guidance raised: revenue $462-488M, GAAP EPS $1.48-1.62, adjusted EPS $1.69-1.83.
- Net debt/Adj. EBITDA improved to 0.8x from 1.7x; total debt $113.5M, down $37.3M.

## SEC filing metadata
- accession: 0001489096-23-000114
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000148909623000114/0001489096-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000148909623000114/thr-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489096-23-000114
- JSON: https://secwatch.observer/filing/0001489096-23-000114.json
- Plain text: https://secwatch.observer/filing/0001489096-23-000114.txt

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