Thermon Group Holdings Reports Record Q3 Fiscal 2026 Results and Raises Full-Year Guidance

Thermon Group Holdings, Inc.

2026-Q3 EPS reported $1.27 revenue$387,931,000

Revenue $147.3M, +9.6% YoY; record quarterly revenue driven by large project activity and pricing.
Adjusted EBITDA $35.6M, +11.9%; margin 24.2%, up 50 bps from prior year.
New orders record $158.2M, +14.1%; book-to-bill 1.1x; backlog up 10% to $259.4M.
Raising FY2026 guidance: revenue $516-$526M, Adjusted EBITDA $114-$120M, EPS $1.64-$1.78.
Ended quarter with net leverage 0.8x; repurchased $15.8M in shares during FY2026.

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