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| Date | Value |
|---|---|
| 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 |