Target Hospitality (TH) Change in Accured Expenses (2018 - 2026)
Target Hospitality (TH) reported Change in Accured Expenses of -$22.1 million for Q1 2026, down 365.63% year-over-year from $8.3 million in Q1 2025, and down 260.54% quarter-over-quarter 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.
- Change in Accured Expenses for Q1 2026 came in at -$22.1 million, down 365.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.8 million (up 144.55% YoY), and the FY2025 annual result was $23.1 million, up 270.6% from the prior year.
- Change in Accured Expenses eased to -$22.1 million in Q1 2026 per TH's latest filing, from $13.8 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $16.8 million in Q2 2022 and troughed at -$24.3 million in Q1 2023.
- A 5-year average of -$972294.1 and a median of $648000.0 in 2025 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2024 and 2025: Change in Accured Expenses slumped 2130.31% in 2024, then soared 331.42% in 2025.
- A 5-year view of Change in Accured Expenses shows it stood at $5.9 million in 2022, then soared by 48.68% to $8.7 million in 2023, then plunged by 34.62% to $5.7 million in 2024, then surged by 140.63% to $13.8 million in 2025, then tumbled by 260.54% to -$22.1 million in 2026.
- Business Quant data shows TH's Change in Accured Expenses at -$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 | 70.95 Bn | 70.77 Bn | 1.45 Bn | 70.86 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 33.19 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | - |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | -93.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -746.23 Mn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 183.95 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 90.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 39.30 Mn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 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 |