Growth Metrics

Target Hospitality (TH) Operating Income (2017 - 2025)

Target Hospitality (TH) has disclosed Operating Income for 9 consecutive years, with $8.9 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Income rose 112.93% to $8.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$9.1 million, a 146.54% decrease, with the full-year FY2025 number at -$9.1 million, down 146.54% from a year prior.
  • Operating Income was $8.9 million for Q4 2025 at Target Hospitality, up from $69000.0 in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $67.7 million in Q3 2023 to a low of -$87.8 million in Q4 2022.
  • A 5-year average of $13.6 million and a median of $14.5 million in 2021 define the central range for Operating Income.
  • Biggest YoY gain for Operating Income was 1859.81% in 2021; the steepest drop was 838.3% in 2021.
  • Target Hospitality's Operating Income stood at -$24.0 million in 2021, then plummeted by 266.21% to -$87.8 million in 2022, then surged by 152.57% to $46.2 million in 2023, then crashed by 248.31% to -$68.5 million in 2024, then skyrocketed by 112.93% to $8.9 million in 2025.
  • Per Business Quant, the three most recent readings for TH's Operating Income are $8.9 million (Q4 2025), $69000.0 (Q3 2025), and -$16.9 million (Q2 2025).