Thermon Q3 2025 Earnings Report
Key Takeaways
Thermon's Q3 2025 saw a slight decrease in revenue but an increase in gross profit and net income. The company's strategic focus on diverse end markets and recurring revenue streams drove adjusted EBITDA growth. They also saw an increase in new orders and maintained a strong backlog.
Revenue decreased by 1.5% to $134.4 million.
Net income increased by 17.1% to $18.5 million, with EPS at $0.54.
New orders increased by 11.4% to $138.6 million, resulting in a book-to-bill ratio of 1.03x.
Backlog increased by 48% to $236 million.
Thermon
Thermon
Forward Guidance
Thermon provided full fiscal year 2025 guidance, anticipating revenue between $495 million and $515 million, adjusted EBITDA between $105 million and $110 million, GAAP EPS between $1.46 and $1.58, and adjusted EPS between $1.77 and $1.89.
Positive Outlook
- Revenue is expected to be between $495 million and $515 million.
- Adjusted EBITDA is projected to be between $105 million and $110 million.
- GAAP EPS is anticipated to be between $1.46 and $1.58.
- Adjusted EPS is expected to be between $1.77 and $1.89.