Target Hospitality (TH) Change in Accured Expenses (2018 - 2026)
Target Hospitality's (TH) quarterly Change in Accured Expenses came in at -$22.1 million in Q1 2026, down 365.63% year-on-year from $8.3 million in Q1 2025, and down 260.54% on a QoQ basis from $13.8 million in Q4 2025.
Target Hospitality (TH) Change in Accured Expenses (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Change in Accured Expenses data on file, last reported at -$22.1 million in Q1 2026.
- On a quarterly basis, Change in Accured Expenses fell 365.63% year-over-year to -$22.1 million in Q1 2026; TTM through Mar 2026 was $5.8 million, a 144.55% increase from a year earlier, with the FY2025 full-year figure at $23.1 million, up 270.6% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$22.1 million, down from $13.8 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for TH reached as high as $16.8 million in Q2 2022 and fell as low as -$24.3 million in Q1 2023.
- Historically, Change in Accured Expenses has averaged -$972294.1 across 5 years, with a median of $648000.0 in 2025.
- Across the five-year window, Change in Accured Expenses plunged 2130.31% in 2024 and jumped 331.42% in 2025, its largest moves.
- Year by year, Change in Accured Expenses stood at $5.9 million in 2022, then soared by 48.68% to $8.7 million in 2023, then sank by 34.62% to $5.7 million in 2024, then surged by 140.63% to $13.8 million in 2025, then plunged by 260.54% to -$22.1 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were -$22.1 million in Q1 2026, $13.8 million in Q4 2025, and $13.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 8.39 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 33.19 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -746.23 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | - |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | -93.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 183.95 Mn |
| 10 | Target Hospitality | 1.63 Bn | 1.63 Bn | 6.88 Mn | -22.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.09 Mn |
| Mar 31, 2026 | -22.09 Mn |
| Dec 31, 2025 | 13.76 Mn |
| Dec 31, 2025 | 13.76 Mn |
| Sep 30, 2025 | 13.49 Mn |
| Sep 30, 2025 | 13.49 Mn |
| Jun 30, 2025 | 648,000.00 |
| Jun 30, 2025 | 648,000.00 |
| Mar 31, 2025 | -4.74 Mn |
| Mar 31, 2025 | -4.74 Mn |
| Dec 31, 2024 | 5.72 Mn |
| Dec 31, 2024 | 5.72 Mn |
| Sep 30, 2024 | -5.83 Mn |
| Sep 30, 2024 | -5.83 Mn |
| Jun 30, 2024 | -8.18 Mn |
| Jun 30, 2024 | -8.18 Mn |
| Mar 31, 2024 | -5.28 Mn |
| Mar 31, 2024 | -5.28 Mn |
| Dec 31, 2023 | 8.74 Mn |
| Dec 31, 2023 | 8.74 Mn |