Target Hospitality (TH) Gross Profit (2018 - 2026)
Target Hospitality's (TH) quarterly Gross Profit came in at $15.8 million in Q2 2026, up 4916.16% year-over-year from $314922.3 in Q2 2025, and up 129.51% quarter-over-quarter from $6.9 million in Q1 2026.
Analysis
Target Hospitality (TH) Gross Profit (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Gross Profit for 9 consecutive years, with $15.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Profit rose 4916.16% year-over-year to $15.8 million in Q2 2026; TTM through Jun 2026 was $47.7 million, a 52.24% decrease from a year earlier, with the FY2025 full-year figure at $42.7 million, down 76.06% from the prior year.
- Gross Profit was $15.8 million for Q2 2026 at Target Hospitality, up from $6.9 million in the prior quarter.
- Over five years, Gross Profit peaked at $86.8 million in Q3 2023 and troughed at -$328000.0 in Q2 2025.
- A 5-year average of $44.7 million and a median of $46.0 million in 2024 frame the typical range for Gross Profit.
- Across the five-year window, Gross Profit sank 100.7% in 2025 and surged 4916.16% in 2026, its largest moves.
- Over 5 years, Gross Profit stood at $83.9 million in 2022, then slipped by 25.82% to $62.2 million in 2023, then tumbled by 40.5% to $37.0 million in 2024, then sank by 80.89% to $7.1 million in 2025, then surged by 123.18% to $15.8 million in 2026.
- The last three Gross Profit figures came in at $15.8 million (Q2 2026), $6.9 million (Q1 2026), and $7.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.92 Bn | 30.89 Bn | 978.00 Mn |
| 2 | Herc Holdings | 4.83 Bn | 4.79 Bn | 713.00 Mn |
| 3 | EquipmentShare.com | 4.78 Bn | 4.33 Bn | 411.00 Mn |
| 4 | WillScot Holdings | 3.50 Bn | 3.50 Bn | 306.26 Mn |
| 5 | Mcgrath Rentcorp | 2.72 Bn | 2.72 Bn | 107.91 Mn |
| 6 | Custom Truck One Source | 2.10 Bn | 2.09 Bn | 123.97 Mn |
| 7 | Target Hospitality | 1.93 Bn | 1.92 Bn | 15.80 Mn |
| 8 | NPK International | 1.14 Bn | 1.13 Bn | 30.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.80 Mn |
| Mar 31, 2026 | 6.88 Mn |
| Dec 31, 2025 | 7.08 Mn |
| Sep 30, 2025 | 17.95 Mn |
| Jun 30, 2025 | -328,000.00 |
| Mar 31, 2025 | 17.96 Mn |
| Dec 31, 2024 | 37.03 Mn |
| Sep 30, 2024 | 45.21 Mn |
| Jun 30, 2024 | 46.87 Mn |
| Mar 31, 2024 | 49.07 Mn |
| Dec 31, 2023 | 62.24 Mn |
| Sep 30, 2023 | 86.76 Mn |
| Jun 30, 2023 | 82.37 Mn |
| Mar 31, 2023 | 81.96 Mn |
| Dec 31, 2022 | 83.90 Mn |
| Sep 30, 2022 | 82.77 Mn |
| Jun 30, 2022 | 52.55 Mn |
| Mar 31, 2022 | 27.92 Mn |
| Dec 31, 2021 | 29.21 Mn |
| Sep 30, 2021 | 33.61 Mn |