• Reported GAAP EPS of $0.56 up 1.82% YoY • Reported revenue of $147.31M up 9.64% YoY • Thermon is raising its full-year Fiscal 2026 revenue guidance to approximately $516M and Adjusted EBITDA to $114M, with GAAP EPS expected to be $1.64 to $1.78 per share.
Bullish
Thermon achieved record revenue and bookings, expanded Adjusted EBITDA margins, and is strategically positioned for growth in secular markets like power generation and data centers.
Bearish
Thermon experienced a net income decrease and increased selling, general, and administrative expenses, alongside a significant rise in inventories, reflecting operational cost pressures and asset accumulation.