Target Hospitality (TH) Revenue (2018 - 2026)
Target Hospitality's Revenue came in at $85.46 million for Q2 2026, up 38.7% from $61.61 million a year earlier and up 17.4% from the prior quarter.
Powered by 
Analysis
Target Hospitality (TH) Revenue (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Target Hospitality reported Revenue of $347.37 million, up 11.9% year-over-year; for FY2025, it came in at $320.64 million, down 17.0% from FY2024.
- Revenue carries a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- Going back by year, Revenue was $386.27 million in FY2024 (-31.5%), $563.61 million in FY2023 (+12.3%), $501.99 million in FY2022 (+72.3%) and $291.34 million in FY2021 (+29.4%).
- The five-year range for quarterly Revenue is $61.61 million (Q2 2025) to $159.57 million (Q3 2022).
- Year-over-year, Revenue has increased for four consecutive quarters, with an average decline of 10.9% over the last eight quarters.
- The fastest year-over-year change in Revenue over five years came in Q4 2022 (growth of 86.6%), and the weakest in Q2 2025 (a decline of 38.8%).
- Business Quant data shows TH's Revenue at $72.78 million (Q1 2026), $89.78 million (Q4 2025) and $99.36 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 4.41 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 5.02 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 2.39 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 7.47 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 3.12 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 4.63 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 6.67 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 1.35 Bn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 2.10 Bn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | 85.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.46 Mn |
| Mar 31, 2026 | 72.78 Mn |
| Dec 31, 2025 | 89.78 Mn |
| Sep 30, 2025 | 99.36 Mn |
| Jun 30, 2025 | 61.61 Mn |
| Mar 31, 2025 | 69.90 Mn |
| Dec 31, 2024 | 83.69 Mn |
| Sep 30, 2024 | 95.19 Mn |
| Jun 30, 2024 | 100.72 Mn |
| Mar 31, 2024 | 106.67 Mn |
| Dec 31, 2023 | 126.22 Mn |
| Sep 30, 2023 | 145.94 Mn |
| Jun 30, 2023 | 143.63 Mn |
| Mar 31, 2023 | 147.82 Mn |
| Dec 31, 2022 | 152.44 Mn |
| Sep 30, 2022 | 159.57 Mn |
| Jun 30, 2022 | 109.65 Mn |
| Mar 31, 2022 | 80.34 Mn |
| Dec 31, 2021 | 81.69 Mn |
| Sep 30, 2021 | 89.17 Mn |
API Access
Target Hospitality Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();