Thermon Group Holdings, Inc. (THR) Form 10-K — May 21, 2026
Thermon Group Holdings (THR) reported fiscal 2026 revenue of $536.3 million, an 8% increase year-over-year, driven by higher project activity and contributions from its F.A.T.I. acquisition. However, net income declined 17% to $44.6 million due to a 22% surge in SG&A expenses, largely attributed to $12.9 million in costs related to its pending merger with CECO Environmental Corp. The company entered into a definitive merger agreement with CECO Environmental Corp.
Key figures
- Eps
- 0
- Revenue
- 536263000
- Net Income
- 44571000
- Total Debt
- 141100000
- Revenue Yoy
- 8%
- Cash Position
- 0
- Deal Value Usd
- 2200000000
- Gross Proceeds
- 0
- Shares Outstanding
- 32939694
- Backlog
- 254900000
- Sga Expense
- 158290000
- Operating Income
- 70739000
- Termination Fee CECO
- 105000000
- Merger Related Charges
- 12900000
- Termination Fee Thermon
- 74700000
- Remaining Repurchase Auth
- 38500000
- Share Repurchases Fiscal2026
- 601125
- Weighted Avg Repurchase Price
- 26.21
- Share Repurchase Authorization
- 50000000
Price after filing
1 day: 0.0%7 days: +2.7%
Close on the filing date to close N calendar days later (from $65.04). Historical, not a forecast.
AI analysis
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