Target Hospitality (TH) Net Income (2018 - 2026)
Target Hospitality's Net Income came in at -$8.98 million for Q2 2026, compared with -$14.92 million a year earlier.
Target Hospitality (TH) Net Income (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Target Hospitality reported Net Income of -$37.64 million; for FY2025, it was -$37.08 million.
- Going back by year, Net Income was $71.41 million in FY2024 (-58.9%), $173.7 million in FY2023 (+134.9%), $73.94 million in FY2022 and -$4.58 million in FY2021.
- The five-year range for quarterly Net Income is -$14.94 million (Q4 2025) to $46.45 million (Q2 2023).
- The fastest year-over-year change in Net Income over five years came in Q3 2022 (growth of 186.6%), and the weakest in Q4 2024 (a decline of 66.9%).
- Business Quant data shows TH's Net Income at -$12.96 million (Q1 2026), -$14.94 million (Q4 2025) and -$757,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.15 Bn | 63.91 Bn | 1.73 Bn | 753.00 Mn |
| 2 | W.W. Grainger | 62.85 Bn | 60.45 Bn | 1.98 Bn | 600.00 Mn |
| 3 | Fastenal | 59.15 Bn | 58.07 Bn | 1.06 Bn | 382.80 Mn |
| 4 | Ferguson Enterprises | 43.94 Bn | 41.16 Bn | 2.32 Bn | 414.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.53 Bn | 31.41 Bn | 1.25 Bn | 438.00 Mn |
| 6 | Reliance | 21.29 Bn | 20.32 Bn | 1.30 Bn | 323.60 Mn |
| 7 | Wesco International | 16.69 Bn | 14.01 Bn | 1.46 Bn | 209.60 Mn |
| 8 | Applied Industrial Technologies | 12.38 Bn | 12.25 Bn | 411.22 Mn | 118.60 Mn |
| 9 | Watsco | 11.47 Bn | 9.16 Bn | 578.93 Mn | 191.30 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | -8.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.98 Mn |
| Mar 31, 2026 | -12.96 Mn |
| Dec 31, 2025 | -14.94 Mn |
| Sep 30, 2025 | -757,000.00 |
| Jun 30, 2025 | -14.92 Mn |
| Mar 31, 2025 | -6.46 Mn |
| Dec 31, 2024 | 12.54 Mn |
| Sep 30, 2024 | 20.09 Mn |
| Jun 30, 2024 | 18.39 Mn |
| Mar 31, 2024 | 20.38 Mn |
| Dec 31, 2023 | 37.84 Mn |
| Sep 30, 2023 | 45.58 Mn |
| Jun 30, 2023 | 46.45 Mn |
| Mar 31, 2023 | 43.83 Mn |
| Dec 31, 2022 | 31.57 Mn |
| Sep 30, 2022 | 19.02 Mn |
| Jun 30, 2022 | 22.85 Mn |
| Mar 31, 2022 | 494,000.00 |
| Dec 31, 2021 | 2.80 Mn |
| Sep 30, 2021 | 6.68 Mn |
Target Hospitality Net Income 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=net-income&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-income&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();