Growth Metrics

Target Hospitality (TH) Revenue (2018 - 2026)

On a quarterly basis, Revenue fell 90.65% to $23.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $288.7 million, a 28.75% decrease, with the full-year FY2025 number at $320.6 million, up 20.58% from a year prior.

Target Hospitality (TH) has 9 years of Revenue data on record, last reported at $23.0 million in Q1 2026.

  • Revenue reached $23.0 million in Q1 2026 per TH's latest filing, down from $119.3 million in the prior quarter.
  • Over the last five years, Revenue for TH hit a ceiling of $246.0 million in Q1 2025 and a floor of -$71.8 million in Q4 2023.
  • A 5-year average of $86.7 million and a median of $94.8 million in 2023 define the central range for Revenue.
  • Peak YoY movement for Revenue: crashed 173.51% in 2023, then surged 425.24% in 2025.
  • Tracing TH's Revenue over 5 years: stood at $97.7 million in 2022, then plummeted by 173.51% to -$71.8 million in 2023, then soared by 48.92% to -$36.7 million in 2024, then soared by 425.24% to $119.3 million in 2025, then tumbled by 80.72% to $23.0 million in 2026.
  • Business Quant data shows Revenue for TH at $23.0 million in Q1 2026, $119.3 million in Q4 2025, and $91.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Relx 81.40 Bn 81.16 Bn - -
2 Rentokil Initial 79.56 Bn 78.10 Bn - 6.65 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 2.84 Bn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 1.12 Bn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 758.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 2.97 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 1.23 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 4.91 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 3.48 Bn
10 Target Hospitality 1.82 Bn 1.82 Bn 6.88 Mn 23.00 Mn

Historic Data

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DateValue
Mar 31, 2026 23.00 Mn
Dec 31, 2025 119.27 Mn
Sep 30, 2025 91.57 Mn
Jun 30, 2025 54.90 Mn
Mar 31, 2025 246.00 Mn
Dec 31, 2024 -36.67 Mn
Sep 30, 2024 95.19 Mn
Jun 30, 2024 100.72 Mn
Mar 31, 2024 72.40 Mn
Dec 31, 2023 -71.79 Mn
Sep 30, 2023 93.54 Mn
Jun 30, 2023 143.63 Mn
Mar 31, 2023 94.84 Mn
Dec 31, 2022 97.66 Mn
Sep 30, 2022 159.57 Mn
Jun 30, 2022 109.65 Mn
Mar 31, 2022 80.34 Mn
Dec 31, 2021 59.30 Mn
Sep 30, 2021 67.10 Mn
Jun 30, 2021 54.16 Mn
Mar 31, 2021 33.90 Mn
Dec 31, 2020 51.61 Mn
Sep 30, 2020 35.40 Mn
Jun 30, 2020 40.70 Mn
Mar 31, 2020 71.66 Mn
Dec 31, 2019 76.11 Mn
Sep 30, 2019 81.64 Mn
Jun 30, 2019 81.36 Mn
Mar 31, 2019 81.98 Mn
Dec 31, 2018 96.15 Mn
Sep 30, 2018 5.70 Mn
Jun 30, 2018 45.48 Mn
Mar 31, 2018 38.65 Mn