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
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