Thermon Group Holdings (THR) Net Income (2010 - 2026)
Thermon Group Holdings (THR) reported Net Income of $2.7 million for Q1 2026, down 83.83% year-over-year from $17.0 million in Q1 2025, and down 84.99% quarter-over-quarter from $18.3 million in Q4 2025.
Thermon Group Holdings (THR) Net Income (2010 - 2026) Analysis & Trends
Thermon Group Holdings (THR) has 17 years of Net Income data on file, last reported at $2.7 million in Q1 2026.
- Net Income for Q1 2026 came in at $2.7 million, down 83.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $44.6 million (down 16.71% YoY), and the FY2026 annual result was $44.6 million, down 16.71% from the prior year.
- Net Income eased to $2.7 million in Q1 2026 per THR's latest filing, from $18.3 million in the prior quarter.
- Over five years, Net Income peaked at $18.5 million in Q4 2024 and troughed at $2.7 million in Q1 2026.
- A 5-year average of $11.3 million and a median of $10.1 million in 2024 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2026: Net Income soared 2202.73% in 2022, then slumped 83.83% in 2026.
- A 5-year view of Net Income shows it stood at $8.4 million in 2022, then soared by 87.98% to $15.8 million in 2023, then advanced by 17.06% to $18.5 million in 2024, then slipped by 1.34% to $18.3 million in 2025, then slumped by 84.99% to $2.7 million in 2026.
- Business Quant data shows THR's Net Income at $2.7 million in Q1 2026, $18.3 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 4.75 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 867.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 904.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 680.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 618.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 768.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 399.36 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 351.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | -316,000.00 |
| 10 | Thermon Group Holdings | 1.99 Bn | 1.94 Bn | 65.28 Mn | 2.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.75 Mn |
| Dec 31, 2025 | 18.29 Mn |
| Sep 30, 2025 | 14.95 Mn |
| Jun 30, 2025 | 8.58 Mn |
| Mar 31, 2025 | 16.97 Mn |
| Dec 31, 2024 | 18.54 Mn |
| Sep 30, 2024 | 9.49 Mn |
| Jun 30, 2024 | 8.51 Mn |
| Mar 31, 2024 | 10.08 Mn |
| Dec 31, 2023 | 15.84 Mn |
| Sep 30, 2023 | 14.73 Mn |
| Jun 30, 2023 | 10.94 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 8.43 Mn |
| Sep 30, 2022 | 10.98 Mn |
| Jun 30, 2022 | 6.56 Mn |
| Mar 31, 2022 | 8.69 Mn |
| Dec 31, 2021 | 11.27 Mn |
| Sep 30, 2021 | 477,000.00 |
| Jun 30, 2021 | -340,000.00 |