---
schema_version: "secwatch.filing_event.v1"
accession: "0001489096-25-000020"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:35:29.817236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Thermon Q3 revenue down 1.5% but adjusted EBITDA up 3.3%; backlog +48%

## Summary
- Revenue $134.4M (-1.5% YoY); organic revenue declined 11.2% excluding acquisitions.
- Net income $18.5M (+17.1%); adjusted EBITDA $31.8M (+3.3%); margin 23.7% up 112 bps.
- Backlog $235.6M (+48.4% total, +9.1% organic); new orders $138.6M (+11.4%).
- Guidance reaffirmed: FY revenue $495-515M, adjusted EBITDA $105-110M, adj. EPS $1.77-$1.89.
- Net leverage 1.1x; free cash flow $8.5M in quarter; $43.5M share repurchase remaining.

## SEC filing metadata
- accession: 0001489096-25-000020
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2025-02-06T23:59:59+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/1489096/000148909625000020/0001489096-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000148909625000020/thr-20250206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489096-25-000020
- JSON: https://secwatch.observer/filing/0001489096-25-000020.json
- Plain text: https://secwatch.observer/filing/0001489096-25-000020.txt

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