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

Thermon Group Holdings (THR) has disclosed Cost of Revenue for 16 consecutive years, with $78.7 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue rose 8.9% to $78.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $284.8 million, a 3.22% increase, with the full-year FY2025 number at $275.3 million, down 2.74% from a year prior.
  • Cost of Revenue was $78.7 million for Q4 2025 at Thermon Group Holdings, up from $70.6 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $79.0 million in Q4 2023 to a low of $44.6 million in Q2 2021.
  • A 5-year average of $64.3 million and a median of $64.2 million in 2024 define the central range for Cost of Revenue.
  • Biggest YoY gain for Cost of Revenue was 40.39% in 2021; the steepest drop was 11.98% in 2021.
  • Thermon Group Holdings' Cost of Revenue stood at $59.9 million in 2021, then increased by 19.7% to $71.7 million in 2022, then increased by 10.27% to $79.0 million in 2023, then decreased by 8.59% to $72.2 million in 2024, then increased 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).