Target Hospitality TH
NASDAQ TH
$21.28 +0.09 (+0.42%)
At close: Sep 21, 2026 · 4:00 PM EDT

Target Hospitality (TH) Current Deferred Revenue (2018 - 2026)

Target Hospitality's (TH) quarterly Current Deferred Revenue came in at $21.3 million in Q2 2026, up 149.79% year-over-year from $8.5 million in Q2 2025, and up 93.46% quarter-over-quarter from $11.0 million in Q1 2026.

Analysis

Target Hospitality (TH) Current Deferred Revenue (2018 - 2026) Analysis & Trends

Target Hospitality (TH) has reported Current Deferred Revenue for 9 consecutive years, with $21.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Current Deferred Revenue rose 149.79% year-over-year to $21.3 million in Q2 2026; TTM through Jun 2026 was $21.3 million, a 149.79% increase from a year earlier, with the FY2025 full-year figure at $9.3 million, up 1227.9% from the prior year.
  • Current Deferred Revenue was $21.3 million for Q2 2026 at Target Hospitality, up from $11.0 million in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $141.9 million in Q3 2022 and troughed at $400000.0 in Q3 2024.
  • A 5-year average of $28.0 million and a median of $8.9 million in 2025 frame the typical range for Current Deferred Revenue.
  • The widest YoY moves for Current Deferred Revenue: up 4519.08% in 2023, down 98.57% in 2023.
  • Over 5 years, Current Deferred Revenue stood at $125.5 million in 2022, then sank by 98.57% to $1.8 million in 2023, then plunged by 61.04% to $699000.0 in 2024, then soared by 1227.9% to $9.3 million in 2025, then soared by 128.96% to $21.3 million in 2026.
  • The last three Current Deferred Revenue figures came in at $21.3 million (Q2 2026), $11.0 million (Q1 2026), and $9.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sunbelt Rentals Holdings 30.16 Bn 30.13 Bn 1.25 Bn
2 Herc Holdings 4.52 Bn 4.48 Bn 713.00 Mn
3 EquipmentShare.com 3.88 Bn 3.43 Bn 411.00 Mn
4 WillScot Holdings 3.29 Bn 3.29 Bn 306.26 Mn
5 Mcgrath Rentcorp 2.71 Bn 2.71 Bn 107.91 Mn
6 Target Hospitality 2.13 Bn 2.12 Bn 15.80 Mn
7 Custom Truck One Source 2.12 Bn 2.11 Bn 123.97 Mn
8 NPK International 1.08 Bn 1.07 Bn 30.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.25 Mn
Mar 31, 2026 10.99 Mn
Dec 31, 2025 9.28 Mn
Sep 30, 2025 9.43 Mn
Jun 30, 2025 8.51 Mn
Mar 31, 2025 1.01 Mn
Dec 31, 2024 699,000.00
Sep 30, 2024 400,000.00
Jun 30, 2024 2.72 Mn
Mar 31, 2024 1.79 Mn
Dec 31, 2023 1.79 Mn
Sep 30, 2023 19.41 Mn
Jun 30, 2023 55.16 Mn
Mar 31, 2023 90.53 Mn
Dec 31, 2022 125.52 Mn
Sep 30, 2022 141.92 Mn
Jun 30, 2022 1.84 Mn
Mar 31, 2022 1.96 Mn
Dec 31, 2021 34.41 Mn
Sep 30, 2021 60.99 Mn
API Access

Target Hospitality Current Deferred Revenue API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=TH&period=max&api_key=YOUR_API_KEY