Target Hospitality (TH) Revenue (2018 - 2026)
Target Hospitality (TH) reported Revenue of $23.0 million for Q1 2026, down 90.65% year-over-year from $246.0 million in Q1 2025, and down 80.72% quarter-over-quarter from $119.3 million in Q4 2025.
Target Hospitality (TH) Revenue (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has 9 years of Revenue data on file, last reported at $23.0 million in Q1 2026.
- Revenue for Q1 2026 came in at $23.0 million, down 90.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $288.7 million (down 28.75% YoY), and the FY2025 annual result was $320.6 million, up 20.58% from the prior year.
- Revenue retreated to $23.0 million in Q1 2026 per TH's latest filing, from $119.3 million in the prior quarter.
- Over five years, Revenue peaked at $246.0 million in Q1 2025 and troughed at -$71.8 million in Q4 2023.
- A 5-year average of $86.7 million and a median of $94.8 million in 2023 frame the typical range for Revenue.
- The sharpest annual moves came in 2023 and 2025: Revenue plunged 173.51% in 2023, then soared 425.24% in 2025.
- A 5-year view of Revenue shows it stood at $97.7 million in 2022, then sank 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 TH's Revenue 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 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 2.84 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 1.24 Bn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 1.23 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 758.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 2.97 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 4.91 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 3.48 Bn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 395.63 Mn |
| 10 | Target Hospitality | 1.84 Bn | 1.83 Bn | 6.88 Mn | 23.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |