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Thermon reports 8% revenue growth in fiscal 2026, eyes merger with CECO Environmental in June

Company Fundamentals
19 May 2026
Accesswire
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Bullish
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Thermon Group Holdings reported an 8% revenue increase to $536.3 million for fiscal 2026, driven by growth in large projects and energy markets. Despite an 84% drop in Q4 net income due to merger-related costs, adjusted EBITDA rose 9% for the year. The company is on track to complete its $2.2 billion merger with CECO Environmental in June 2026, aiming to create a stronger combined entity with enhanced growth prospects. Thermon highlights strong demand in data centers and decarbonization projects as key growth drivers moving forward.

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