Thermon Q2 2025 Earnings Report
Key Takeaways
Thermon reported second quarter fiscal year 2025 results with a revenue of $114.6 million and net income of $9.5 million, or $0.28 earnings per diluted share (EPS). The company's new orders increased by 12.6% to $131.1 million, resulting in a book-to-bill ratio of 1.14x. The company is lowering its 2025 revenue guidance to a range of $495 million to $515 million, but expects 2025 Adjusted EBITDA in a range of $105 million to $110 million and Adjusted EPS in a range of $1.77 to $1.89.
Revenue decreased by 7.4% to $114.6 million.
Net income decreased by 35.4% to $9.5 million, or $0.28 EPS.
New orders increased by 12.6% to $131.1 million, with a book-to-bill ratio of 1.14x.
The company is lowering its 2025 revenue guidance to a range of $495 million to $515 million.
Thermon
Thermon
Forward Guidance
The company is lowering its 2025 revenue guidance to a range of $495 million to $515 million, which includes contribution from recent acquisitions. However, given strong execution and strict financial discipline, the company expects 2025 Adjusted EBITDA in a range of $105 million to $110 million and Adjusted EPS in a range of $1.77 to $1.89.