Thermon Group (THR) Revenue & Revenue Breakdown


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Thermon Group Revenue Highlights


Latest Revenue (Y)

$536.26M

Latest Revenue (Q)

$147.31M

Main Segment (Y)

United States Segment

Main Geography (Y)

United States Segment

Thermon Group Revenue by Period


Thermon Group Revenue by Year

DateRevenueChange
2026-03-31$536.26M7.64%
2025-03-31$498.21M0.72%
2024-03-31$494.63M12.27%
2023-03-31$440.59M23.87%
2022-03-31$355.67M28.78%
2021-03-31$276.18M-27.98%
2020-03-31$383.49M-7.07%
2019-03-31$412.64M33.71%
2018-03-31$308.61M16.84%
2017-03-31$264.13M-6.31%
2016-03-31$281.93M-8.64%
2015-03-31$308.58M11.27%
2014-03-31$277.32M-2.36%
2013-03-31$284.04M5.00%
2012-03-31$270.51M-8.02%
2011-03-31$294.11M52.62%
2010-03-31$192.71M-4.95%
2009-03-31$202.75M-

Thermon Group generated $536.26M in revenue during NA 2026, up 7.64% compared to the previous quarter, and up 194.17% compared to the same period a year ago.

Thermon Group Revenue by Quarter

DateRevenueChange
2025-12-31$147.31M11.83%
2025-09-30$131.72M20.96%
2025-06-30$108.90M-18.78%
2025-03-31$134.08M-0.20%
2024-12-31$134.35M17.19%
2024-09-30$114.65M-0.42%
2024-06-30$115.13M-9.81%
2024-03-31$127.65M-6.43%
2023-12-31$136.43M10.33%
2023-09-30$123.66M15.69%
2023-06-30$106.89M-12.73%
2023-03-31$122.48M0.30%
2022-12-31$122.11M21.43%
2022-09-30$100.56M5.36%
2022-06-30$95.44M-6.96%
2022-03-31$102.58M1.96%
2021-12-31$100.61M23.72%
2021-09-30$81.32M14.29%
2021-06-30$71.16M-2.96%
2021-03-31$73.32M-7.89%
2020-12-31$79.60M19.87%
2020-09-30$66.41M16.81%
2020-06-30$56.85M-35.67%
2020-03-31$88.37M-12.04%
2019-12-31$100.47M-2.40%
2019-09-30$102.94M12.24%
2019-06-30$91.71M-19.71%
2019-03-31$114.23M-4.29%
2018-12-31$119.36M32.39%
2018-09-30$90.15M1.41%
2018-06-30$88.90M-13.34%
2018-03-31$102.58M10.71%
2017-12-31$92.66M50.35%
2017-09-30$61.63M19.13%
2017-06-30$51.74M-23.45%
2017-03-31$67.58M5.04%
2016-12-31$64.34M-6.50%
2016-09-30$68.81M8.54%
2016-06-30$63.40M-12.37%
2016-03-31$72.34M-2.80%
2015-12-31$74.43M6.42%
2015-09-30$69.93M7.22%
2015-06-30$65.22M-12.16%
2015-03-31$74.26M-15.25%
2014-12-31$87.62M10.87%
2014-09-30$79.03M16.80%
2014-06-30$67.67M0.28%
2014-03-31$67.47M-5.58%
2013-12-31$71.47M-1.81%
2013-09-30$72.78M10.95%
2013-06-30$65.60M-9.00%
2013-03-31$72.08M-6.08%
2012-12-31$76.75M13.94%
2012-09-30$67.36M0.22%
2012-06-30$67.21M-2.64%
2012-03-31$69.04M0.29%
2011-12-31$68.84M1.20%
2011-09-30$68.02M5.27%
2011-06-30$64.62M-0.50%
2010-12-31$64.94M2.35%
2010-09-30$63.45M27.39%
2010-03-31$49.81M-

Thermon Group generated $147.31M in revenue during Q3 2026, up 11.83% compared to the previous quarter, and up 128.49% compared to the same period a year ago.

Thermon Group Revenue Breakdown


Thermon Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 26Mar 25Mar 24Mar 23Mar 22
United States Segment$281.14M$269.50M$256.29M$251.81M$154.19M

Thermon Group's latest annual revenue breakdown by segment (product or service), as of Mar 26: United States Segment (100.00%).

Quarterly Revenue by Product

Product/ServiceMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24
United States Segment$79.31M$76.06M$71.38M$54.39M$83.48M$186.02M$118.85M

Thermon Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: United States Segment (100.00%).

Thermon Group Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 26Mar 25Mar 24Mar 23Mar 22
Canada Segment$163.84M$158.97M$155.32M$115.44M-
United States Segment$281.14M$269.50M$154.19M--
Europe Segment$72.68M$47.11M$45.30M$54.74M-
Asia Segment$41.68M$38.65M$37.72M$31.31M-
Europe---$43.16M-
Asia---$34.31M-

Thermon Group's latest annual revenue breakdown by geography, as of Mar 26: United States Segment (50.26%), Canada Segment (29.29%), Europe Segment (12.99%), and Asia Segment (7.45%).

Quarterly Revenue by Country

CountryMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Dec 22Sep 22Jun 22Dec 21Sep 21Jun 21Dec 20Sep 20Jun 20
United States Segment$79.31M$76.06M$71.38M$54.39M$202.33M---------------
Asia Segment$12.33M$11.96M$10.27M$7.11M$9.98M$9.83M$9.88M$8.90M$10.12M$10.31M$8.39M$7.96M$8.80M$7.62M$6.79M$9.44M$8.13M$7.75M$10.98M$9.43M
Canada Segment$44.14M$44.15M$40.40M$35.15M$78.56M$43.54M$36.87M$42.73M$41.11M$36.15M$35.32M$43.17M$34.78M$32.20M$31.05M$24.94M$25.43M$24.99M$19.22M$19.31M
Europe Segment----$24.27M$13.81M$9.03M$9.73M$12.48M$13.41M$9.68M$11.22M$9.54M$10.04M$12.94M$16.50M$14.93M$17.14M$12.33M$9.47M

Thermon Group's latest quarterly revenue breakdown by geography, as of Mar 26: United States Segment (58.41%), Canada Segment (32.51%), and Asia Segment (9.08%).

Thermon Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
NVRIEnviri$2.24B$549.80M
ASTEAstec Industries$1.41B$350.10M
GICGlobal Industrial$1.38B$350.40M
BBSIBarrett Business Services$1.14B$307.00M
SFLSFL$752.29M$229.06M
GRCGorman-Rupp$682.39M$176.59M
GSLGlobal Ship Lease$674.79M$179.56M
PLPCPreformed Line Products$669.34M$176.28M
THRThermon Group$536.26M$147.31M
BLDPBallard Power Systems$104.25M$14.39M
SERVServe Robotics$2.65M$2.98M

THR Revenue FAQ


What is Thermon Group’s yearly revenue?

Thermon Group's yearly revenue for 2026 was $536.26M, representing an increase of 7.64% compared to 2025. The company's yearly revenue for 2025 was $498.21M, representing an increase of 0.72% compared to 2024. THR's yearly revenue for 2024 was $494.63M, representing an increase of 12.27% compared to 2023.

What is Thermon Group’s quarterly revenue?

Thermon Group's quarterly revenue for Q3 2026 was $147.31M, a 11.83% increase from the previous quarter (Q2 2026), and a 9.64% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $131.72M, a 20.96% increase from the previous quarter (Q1 2026), and a 14.89% increase year-over-year (Q2 2025). THR's quarterly revenue for Q1 2026 was $108.9M, a -18.78% decrease from the previous quarter (Q4 2025), and a -5.41% decrease year-over-year (Q1 2025).

What is Thermon Group’s revenue growth rate?

Thermon Group's revenue growth rate for the last 3 years (2024-2026) was 8.42%, and for the last 5 years (2022-2026) was 50.77%.

What are Thermon Group’s revenue streams?

Thermon Group's revenue streams in r 26 are United States Segment

What is Thermon Group’s main source of revenue?

For the fiscal year ending Mar 26, the largest source of revenue of Thermon Group was United States Segment. This segment made a revenue of $281.14M, representing 100.00% of the company's total revenue.