Target Hospitality (TH) Revenue (2018 - 2026)
Target Hospitality (TH) posted quarterly Revenue of $56.2 million for Q1 2026, down 77.15% year-over-year from $246.0 million in Q1 2025, and up 27.9% quarter-over-quarter from $43.9 million in Q4 2025.
Target Hospitality (TH) Revenue (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Revenue for 9 consecutive years, with $56.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Revenue fell 77.15% year-over-year to $56.2 million; the TTM figure through Mar 2026 stood at $246.6 million (down 43.88% YoY), while the FY2025 annual figure was $274.8 million, up 3.34% from the prior year.
- Revenue grew to $56.2 million in Q1 2026 per TH's latest filing, from $43.9 million in the prior quarter.
- Across five years, Revenue topped out at $266.0 million in Q4 2022 and bottomed at $43.9 million in Q4 2025.
- Historically, Revenue has averaged $101.8 million across 5 years, with a median of $74.4 million in 2022.
- Annual changes were most pronounced in 2022 — Revenue jumped 348.54% — and 2026, when it slumped 77.15%.
- Target Hospitality's Revenue stood at $266.0 million in 2022, then tumbled by 68.14% to $84.7 million in 2023, then dropped by 28.92% to $60.2 million in 2024, then fell by 27.04% to $43.9 million in 2025, then rose by 27.9% to $56.2 million in 2026.
- Business Quant data shows TH's Revenue at $56.2 million in Q1 2026, $43.9 million in Q4 2025, and $91.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 2.91 Bn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 1.24 Bn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 3.32 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 1.32 Bn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 5.06 Bn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 816.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 305.00 Mn |
| 10 | Target Hospitality | 1.76 Bn | 1.76 Bn | 15.80 Mn | 85.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 85.46 Mn |
| Mar 31, 2026 | 56.20 Mn |
| Dec 31, 2025 | 43.94 Mn |
| Sep 30, 2025 | 91.60 Mn |
| Jun 30, 2025 | 54.90 Mn |
| Mar 31, 2025 | 246.00 Mn |
| Dec 31, 2024 | 60.23 Mn |
| Sep 30, 2024 | 65.80 Mn |
| Jun 30, 2024 | 67.50 Mn |
| Mar 31, 2024 | 72.40 Mn |
| Dec 31, 2023 | 84.73 Mn |
| Sep 30, 2023 | 93.50 Mn |
| Jun 30, 2023 | 143.63 Mn |
| Mar 31, 2023 | 147.82 Mn |
| Dec 31, 2022 | 265.99 Mn |
| Sep 30, 2022 | 103.00 Mn |
| Jun 30, 2022 | 74.40 Mn |
| Mar 31, 2022 | 58.68 Mn |
| Dec 31, 2021 | 59.30 Mn |
| Sep 30, 2021 | 67.10 Mn |