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

Target Hospitality (TH) has 9 years of Cost of Revenue data on file, last reported at $3.6 million in Q1 2026.

• On a quarterly basis, Cost of Revenue fell 3.11% year-over-year to $3.6 million in Q1 2026; TTM through Mar 2026 was $134.4 million, a 27.2% decrease from a year earlier, with the FY2025 full-year figure at $209.3 million, up 58.43% from the prior year.
• Cost of Revenue for Q1 2026 stood at $3.6 million, down from $64.0 million in the prior quarter.
• Over the last five years, Cost of Revenue for TH reached as high as $116.1 million in Q4 2024 and fell as low as -$79.4 million in Q4 2023.
• Historically, Cost of Revenue has averaged $27.3 million across 5 years, with a median of $33.6 million in 2024.
• Across the five-year window, Cost of Revenue jumped 1253.77% in 2022 and plunged 286.37% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $42.6 million in 2022, then plunged by 286.37% to -$79.4 million in 2023, then jumped by 246.23% to $116.1 million in 2024, then plunged by 44.89% to $64.0 million in 2025, then slumped by 94.4% to $3.6 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $3.6 million in Q1 2026, $64.0 million in Q4 2025, and $64.1 million in Q3 2025.