---
schema_version: "secwatch.filing_event.v1"
accession: "0001489096-24-000149"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:42:38.166345+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Thermon Q1 revenue $115.1M (+7.7%), net income $8.5M (-22%), adj EBITDA $23.2M (+5%); reiterates FY25 guidance

## Summary
- OPEX revenue $97.5M (+21.6%); Over-Time Large Projects $17.6M (-34%); organic sales declined 5.3%.
- New orders $127.2M (+11.5%), book-to-bill 1.1x; backlog $198.5M (+15.3%), organic backlog -10.4%.
- Adjusted EPS $0.38; reiterates FY25 guidance: revenue $527-553M, Adj EBITDA $112-120M, Adj EPS $1.90-2.06.
- Net leverage 1.1x; free cash flow $8.8M (fav vs -$1.9M prior year); Vapor Power contributed $13.9M revenue.

## SEC filing metadata
- accession: 0001489096-24-000149
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000148909624000149/0001489096-24-000149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000148909624000149/thr-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489096-24-000149
- JSON: https://secwatch.observer/filing/0001489096-24-000149.json
- Plain text: https://secwatch.observer/filing/0001489096-24-000149.txt

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