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

Target Hospitality (TH) has 10 years of Operating Expenses data on file, last reported at $14.6 million in Q1 2026.

• On a quarterly basis, Operating Expenses fell 1.68% year-over-year to $14.6 million in Q1 2026; TTM through Mar 2026 was $58.3 million, a 7.48% increase from a year earlier, with the FY2025 full-year figure at $58.5 million, up 7.83% from the prior year.
• Operating Expenses for Q1 2026 stood at $14.6 million, down from $18.1 million in the prior quarter.
• Over the last five years, Operating Expenses for TH reached as high as $19.2 million in Q3 2022 and fell as low as $11.1 million in Q2 2022.
• Historically, Operating Expenses has averaged $14.2 million across 5 years, with a median of $13.5 million in 2023.
• Across the five-year window, Operating Expenses soared 49.44% in 2022 and fell 23.19% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $15.9 million in 2022, then fell by 23.19% to $12.2 million in 2023, then grew by 3.52% to $12.6 million in 2024, then jumped by 43.52% to $18.1 million in 2025, then retreated by 19.67% to $14.6 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $14.6 million in Q1 2026, $18.1 million in Q4 2025, and $12.9 million in Q3 2025.