Growth Metrics

Thermon Group Holdings (THR) Operating Expenses (2016 - 2025)

Thermon Group Holdings (THR) has disclosed Operating Expenses for 16 consecutive years, with $38.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 23.19% to $38.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $138.8 million, a 8.67% increase, with the full-year FY2025 number at $129.0 million, up 3.37% from a year prior.
  • Operating Expenses was $38.3 million for Q4 2025 at Thermon Group Holdings, up from $35.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $38.3 million in Q4 2025 to a low of $21.0 million in Q2 2021.
  • A 5-year average of $29.8 million and a median of $31.3 million in 2024 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: decreased 23.16% in 2021, then surged 51.85% in 2022.
  • Thermon Group Holdings' Operating Expenses stood at $22.1 million in 2021, then soared by 51.85% to $33.6 million in 2022, then decreased by 1.1% to $33.2 million in 2023, then fell by 6.31% to $31.1 million in 2024, then increased by 23.19% to $38.3 million in 2025.
  • Per Business Quant, the three most recent readings for THR's Operating Expenses are $38.3 million (Q4 2025), $35.5 million (Q3 2025), and $32.2 million (Q2 2025).