Growth Metrics

Thermon Group Holdings (THR) Cost of Revenue (2016 - 2025)

Thermon Group Holdings has reported Cost of Revenue over the past 16 years, most recently at $78.7 million for Q4 2025.

  • Quarterly Cost of Revenue rose 8.9% to $78.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $284.8 million through Dec 2025, up 3.22% year-over-year, with the annual reading at $275.3 million for FY2025, 2.74% down from the prior year.
  • Cost of Revenue was $78.7 million for Q4 2025 at Thermon Group Holdings, up from $70.6 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $79.0 million in Q4 2023 and troughed at $44.6 million in Q2 2021.
  • The 5-year median for Cost of Revenue is $64.2 million (2024), against an average of $64.3 million.
  • The largest YoY upside for Cost of Revenue was 40.39% in 2021 against a maximum downside of 11.98% in 2021.
  • A 5-year view of Cost of Revenue shows it stood at $59.9 million in 2021, then grew by 19.7% to $71.7 million in 2022, then grew by 10.27% to $79.0 million in 2023, then dropped by 8.59% to $72.2 million in 2024, then grew by 8.9% to $78.7 million in 2025.
  • Per Business Quant, the three most recent readings for THR's Cost of Revenue are $78.7 million (Q4 2025), $70.6 million (Q3 2025), and $60.9 million (Q2 2025).