Target Hospitality (TH) Cost of Revenue (2018 - 2026)

Target Hospitality (TH) has reported Cost of Revenue for 9 consecutive years, with $47.6 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 4.44% year-over-year to $47.6 million in Q2 2026; TTM through Jun 2026 was $222.3 million, a 55.48% increase from a year earlier, with the FY2025 full-year figure at $209.3 million, up 58.43% from the prior year.
• Cost of Revenue was $47.6 million for Q2 2026 at Target Hospitality, up from $46.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $64.1 million in Q3 2025 and troughed at $30.4 million in Q4 2024.
• A 5-year average of $42.3 million and a median of $39.9 million in 2022 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue slumped 40.18% in 2023 and soared 110.37% in 2025, its largest moves.
• Over 5 years, Cost of Revenue stood at $42.6 million in 2022, then decreased by 1.15% to $42.1 million in 2023, then declined by 27.78% to $30.4 million in 2024, then soared by 110.37% to $64.0 million in 2025, then slipped by 25.61% to $47.6 million in 2026.
• The last three Cost of Revenue figures came in at $47.6 million (Q2 2026), $46.7 million (Q1 2026), and $64.0 million (Q4 2025), per Business Quant data.