Thermon Group Holdings, Inc.THRNYSE
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R&D Expenses Over TimeStrong
Percentile Rank86
Studio
Year-over-Year Change

Research and development spending

Percentile
P86
Within normal range
vs 2Y Ago
0.9x
Contraction
Streak
2 yr
Consecutive declineStrong
PeriodValueYoY Change
2025$9.43M-5.9%
2024$10.03M-8.0%
2023$10.90M-
2022$0.00-100.0%
2021$8.23M-
2020$0.00-100.0%
2019$6.29M+20.0%
2018$5.24M+49.7%
2017$3.50M+4.9%
2016$3.34M-