secwatch.observer — SEC 8-K summary
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Issuer:     Thermon Group Holdings, Inc. (THR)
CIK:        0001489096
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001489096-25-000124
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thermon Q1 FY2026 revenue $108.9M (-5.4% YoY); organic revenue down 11.3%; reaffirms full-year guidance
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- Revenue $108.9M (-5.4% YoY); organic revenue down 11.3%; adjusted EPS $0.36 vs $0.38.
- Backlog $252.2M (+27.1% YoY); new orders $120.7M (-5.1%) with book-to-bill 1.11x.
- Adjusted EBITDA $21.2M (-8.6%); gross margin improved 30bps to 44.1% despite tariff headwinds.
- Confirms FY2026 revenue guidance $495-$535M and adjusted EBITDA $104-$114M.
- Repurchased $9.8M in stock; net leverage 1.0x; total liquidity $130.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489096/000148909625000124/0001489096-25-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489096/000148909625000124/thr-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001489096-25-000124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer