Thermon Group Holdings (THR) Cost of Revenue (2010 - 2026)

Thermon Group Holdings (THR) reported Cost of Revenue of $83.0 million for Q1 2026, up 11.25% year-over-year from $74.6 million in Q1 2025, and up 5.58% quarter-over-quarter from $78.7 million in Q4 2025.

Thermon Group Holdings (THR) Cost of Revenue (2010 - 2026) Analysis & Trends

Thermon Group Holdings (THR) has 17 years of Cost of Revenue data on file, last reported at $83.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $83.0 million, up 11.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $293.2 million (up 6.5% YoY), and the FY2026 annual result was $293.2 million, up 6.5% from the prior year.
  • Cost of Revenue climbed to $83.0 million in Q1 2026 per THR's latest filing, from $78.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $83.0 million in Q1 2026 and troughed at $54.6 million in Q3 2022.
  • A 5-year average of $68.7 million and a median of $70.6 million in 2025 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2024: Cost of Revenue soared 32.31% in 2022, then slipped 8.59% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $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 gained by 8.9% to $78.7 million in 2025, then increased by 5.58% to $83.0 million in 2026.
  • Business Quant data shows THR's Cost of Revenue at $83.0 million in Q1 2026, $78.7 million in Q4 2025, and $70.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 7.56 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 4.80 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 3.47 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 6.16 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 2.14 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 2.26 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 1.21 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 1.11 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 1.26 Bn
10 Thermon Group Holdings 1.99 Bn 1.94 Bn 65.28 Mn 83.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 83.05 Mn
Mar 31, 2026 83.05 Mn
Dec 31, 2025 78.66 Mn
Dec 31, 2025 78.66 Mn
Sep 30, 2025 70.65 Mn
Sep 30, 2025 70.65 Mn
Jun 30, 2025 60.85 Mn
Jun 30, 2025 60.85 Mn
Mar 31, 2025 74.65 Mn
Mar 31, 2025 74.65 Mn
Dec 31, 2024 72.23 Mn
Dec 31, 2024 72.23 Mn
Sep 30, 2024 63.74 Mn
Sep 30, 2024 63.74 Mn
Jun 30, 2024 64.69 Mn
Jun 30, 2024 64.69 Mn
Mar 31, 2024 75.27 Mn
Mar 31, 2024 75.27 Mn
Dec 31, 2023 79.02 Mn
Dec 31, 2023 79.02 Mn