Core Insights - Thermon Group Holdings, Inc. reported record revenue, profitability, and bookings for Q3 2026, reflecting strong end-market demand and effective execution across its global organization [1] Financial Performance - Revenue reached $147.3 million, an increase of 9.6% compared to the prior year [1] - Gross profit was $68.7 million, up 10.5%, with a gross margin of 46.6% [1] - Net income was $18.3 million, a slight decrease of 1.1%, translating to $0.55 earnings per diluted share [1] - Adjusted net income (non-GAAP) increased by 15.3% to $21.9 million, with an adjusted EPS of $0.66 [1] - Adjusted EBITDA (non-GAAP) was $35.6 million, reflecting an 11.9% increase, and an adjusted EBITDA margin of 24.2% [1] Orders and Bookings - New orders totaled $158.2 million, representing a 14.1% increase [1] - The book-to-bill ratio stood at 1.1x, indicating a healthy order intake relative to revenue [1] Leverage and Financial Health - The net leverage ratio was reported at 0.8x, indicating a strong balance sheet position [1]

Core Viewpoint - Thermon Group Holdings, Inc. is set to release its consolidated financial results for the third quarter of the fiscal year ending March 31, 2026, on February 5, 2026, before market opening [1] Group 1: Financial Results Announcement - The earnings release will be followed by a conference call hosted by key executives including the President and CEO, CFO, and COO at 10:00 a.m. Central Time [1] - The conference call will be available via webcast on Thermon's investor relations website [1] - Investment professionals can participate in the Q&A session by dialing specific numbers for the U.S./Canada and international callers [1] Group 2: Company Overview - Thermon is a diversified industrial technology company and a global leader in industrial process heating, temperature maintenance, environmental monitoring, and temporary power distribution solutions [3] - The company focuses on delivering engineered solutions that enhance operational awareness, safety, reliability, and efficiency, aiming for the lowest total cost of ownership [3] - Thermon is headquartered in Austin, Texas, and more information can be found on their official website [3]

Core Insights - Thermon Group Holdings, Inc. reported strong financial results for Q2 2026, with revenue and profitability exceeding expectations [1] Financial Performance - Revenue reached $131.7 million, representing a 14.9% increase compared to the prior year [1] - Gross profit was $61.1 million, up 20.0%, resulting in a gross margin of 46.4% [1] - Net income increased by 57.9% to $15.0 million, equating to $0.45 earnings per diluted share [1] - Adjusted net income (non-GAAP) was $18.3 million, a 43.0% increase, with an adjusted EPS (non-GAAP) of $0.55 [1] - Adjusted EBITDA (non-GAAP) stood at $30.6 million, reflecting a 28.6% growth, with an adjusted EBITDA margin (non-GAAP) of 23.2% [1] Orders and Guidance - New orders totaled $131.0 million, showing a slight decrease of 0.1% [1] - The book-to-bill ratio was reported at 1.0x [1] - The net leverage ratio was maintained at 1.0x [1] - The company raised its full-year financial guidance for 2026 [1] Management Commentary - The President and CEO of Thermon highlighted the exceptional performance in the second quarter, noting that revenue and profitability exceeded expectations across the board [1]