Target Hospitality (TH) Operating Expenses (2017 - 2026)

Target Hospitality (TH) has reported Operating Expenses for 10 consecutive years, with $18.8 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 48.08% year-over-year to $18.8 million in Q2 2026; TTM through Jun 2026 was $64.3 million, a 20.47% increase from a year earlier, with the FY2025 full-year figure at $58.5 million, up 7.83% from the prior year.
• Operating Expenses was $18.8 million for Q2 2026 at Target Hospitality, up from $14.6 million in the prior quarter.
• Over five years, Operating Expenses peaked at $19.2 million in Q3 2022 and troughed at $11.1 million in Q2 2022.
• A 5-year average of $14.4 million and a median of $14.0 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses jumped 49.44% in 2022 and retreated 23.19% in 2023, its largest moves.
• Over 5 years, Operating Expenses stood at $15.9 million in 2022, then decreased by 23.19% to $12.2 million in 2023, then rose by 3.52% to $12.6 million in 2024, then soared by 43.52% to $18.1 million in 2025, then grew by 3.49% to $18.8 million in 2026.
• The last three Operating Expenses figures came in at $18.8 million (Q2 2026), $14.6 million (Q1 2026), and $18.1 million (Q4 2025), per Business Quant data.