Thermon Group Holdings Inc. reported second quarter fiscal 2026 results with revenue of $131.7 million, up 14.9% from the prior year period. Gross profit reached $61.1 million, an increase of 20.0%, with a gross margin of 46.4%. Net income was $15.0 million, up 57.9%, or $0.45 earnings per diluted share. Adjusted net income (non-GAAP) was $18.3 million, up 43.0%, or $0.55 adjusted EPS. Adjusted EBITDA (non-GAAP) was $30.6 million, up 28.6%, with an adjusted EBITDA margin of 23.2%. New orders totaled $131.0 million, with a book-to-bill ratio of 1.0x. The company ended the quarter with a net leverage ratio of 1.0x and $129.1 million in total liquidity. Thermon raised its full-year 2026 financial guidance and repurchased $6 million of shares during the quarter, while maintaining a focus on organic growth and strategic acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thermon Group Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1097507) on November 06, 2025, and is solely responsible for the information contained therein.
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