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

Target Hospitality (TH) has 10 years of Operating Income data on file, last reported at -$14.3 million in Q1 2026.

• On a quarterly basis, Operating Income fell 1231.13% year-over-year to -$14.3 million in Q1 2026; TTM through Mar 2026 was -$48.0 million, a 162.11% decrease from a year earlier, with the FY2025 full-year figure at -$34.7 million, down 131.94% from the prior year.
• Operating Income for Q1 2026 stood at -$14.3 million, up from -$16.8 million in the prior quarter.
• Over the last five years, Operating Income for TH reached as high as $67.7 million in Q3 2023 and fell as low as -$16.9 million in Q2 2025.
• Historically, Operating Income has averaged $27.9 million across 5 years, with a median of $29.6 million in 2024.
• Across the five-year window, Operating Income surged 401.02% in 2022 and sank 1231.13% in 2026, its largest moves.
• Year by year, Operating Income stood at $64.2 million in 2022, then dropped by 28.09% to $46.2 million in 2023, then sank by 54.95% to $20.8 million in 2024, then sank by 180.87% to -$16.8 million in 2025, then climbed by 14.86% to -$14.3 million in 2026.
• Per Business Quant data, the three most recent Operating Income figures were -$14.3 million in Q1 2026, -$16.8 million in Q4 2025, and $69000.0 in Q3 2025.