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

Target Hospitality (TH) has reported Operating Income for 10 consecutive years, with -$7.5 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Income rose 55.69% year-over-year to -$7.5 million in Q2 2026; TTM through Jun 2026 was -$38.6 million, a 225.24% decrease from a year earlier, with the FY2025 full-year figure at -$34.7 million, down 131.94% from the prior year.
• Operating Income was -$7.5 million for Q2 2026 at Target Hospitality, up from -$14.3 million in the prior quarter.
• Over five years, Operating Income peaked at $67.7 million in Q3 2023 and troughed at -$16.9 million in Q2 2025.
• A 5-year average of $26.0 million and a median of $28.8 million in 2024 frame the typical range for Operating Income.
• Across the five-year window, Operating Income soared 401.02% in 2022 and plunged 1231.13% in 2026, its largest moves.
• Over 5 years, Operating Income stood at $64.2 million in 2022, then fell 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 surged by 55.44% to -$7.5 million in 2026.
• The last three Operating Income figures came in at -$7.5 million (Q2 2026), -$14.3 million (Q1 2026), and -$16.8 million (Q4 2025), per Business Quant data.