Target Hospitality (TH) Gross Profit (2018 - 2026)
Target Hospitality (TH) posted quarterly Gross Profit of $6.9 million for Q1 2026, down 61.68% year-over-year from $18.0 million in Q1 2025, and down 2.76% quarter-over-quarter from $7.1 million in Q4 2025.
Target Hospitality (TH) Gross Profit (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Gross Profit for 9 consecutive years, with $6.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit fell 61.68% year-over-year to $6.9 million; the TTM figure through Mar 2026 stood at $31.6 million (down 78.53% YoY), while the FY2025 annual figure was $42.7 million, down 76.06% from the prior year.
- Gross Profit fell to $6.9 million in Q1 2026 per TH's latest filing, from $7.1 million in the prior quarter.
- Across five years, Gross Profit topped out at $86.8 million in Q3 2023 and bottomed at -$328000.0 in Q2 2025.
- Historically, Gross Profit has averaged $46.4 million across 5 years, with a median of $46.9 million in 2024.
- Annual changes were most pronounced in 2023 — Gross Profit soared 193.61% — and 2025, when it plunged 100.7%.
- Target Hospitality's Gross Profit stood at $83.9 million in 2022, then declined 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 retreated by 2.76% to $6.9 million in 2026.
- Business Quant data shows TH's Gross Profit at $6.9 million in Q1 2026, $7.1 million in Q4 2025, and $17.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.80 Mn |
| Jun 30, 2026 | 15.80 Mn |
| Mar 31, 2026 | 6.88 Mn |
| Mar 31, 2026 | 6.88 Mn |
| Dec 31, 2025 | 7.08 Mn |
| Dec 31, 2025 | 7.08 Mn |
| Sep 30, 2025 | 17.95 Mn |
| Sep 30, 2025 | 17.95 Mn |
| Jun 30, 2025 | -328,000.00 |
| Jun 30, 2025 | -328,000.00 |
| Mar 31, 2025 | 17.96 Mn |
| Mar 31, 2025 | 17.96 Mn |
| Dec 31, 2024 | 37.03 Mn |
| Dec 31, 2024 | 37.03 Mn |
| Sep 30, 2024 | 45.21 Mn |
| Sep 30, 2024 | 45.21 Mn |
| Jun 30, 2024 | 46.87 Mn |
| Jun 30, 2024 | 46.87 Mn |
| Mar 31, 2024 | 49.07 Mn |
| Mar 31, 2024 | 49.07 Mn |