Thermon Group Holdings Inc., a global leader in industrial process heating solutions, has announced its fourth quarter and full-year fiscal 2025 results. The company reported a revenue increase of 5% for the fourth quarter, reaching $134.1 million compared to $127.7 million in the same period of the previous year. For the full fiscal year ending March 31, 2025, revenue was $498.2 million, a modest rise of 0.7% from $494.6 million in fiscal 2024. Net income for the fourth quarter surged by 68% to $17.0 million, up from $10.1 million in the previous year. The company also reported a GAAP earnings per share $(EPS)$ of $0.50 for the fourth quarter, reflecting a 72.4% increase from $0.29 in the prior year period. For the full year, net income was $53.5 million, a 3.7% increase from $51.6 million in fiscal 2024, with a GAAP EPS of $1.57, slightly up from $1.51. Thermon's guidance for fiscal 2026 forecasts revenue between $495 million and $535 million and adjusted EBITDA ranging from $104 million to $114 million. The company expects GAAP EPS to be in the range of $1.35 to $1.57, while adjusted EPS is projected to be between $1.77 and $1.99. In the fourth quarter, Thermon achieved a gross profit of $59.4 million, an increase of 13% from the prior year, with a gross margin of 44.3%. Adjusted EBITDA for the quarter was $30.5 million, marking a 29% increase, with an adjusted EBITDA margin of 22.7%. The company's adjusted net income for the fourth quarter rose by 62% to $18.9 million, with an adjusted EPS of $0.56, up from $0.34 in the previous year.