THNasdaqHotels, Rooming Houses, Camps & Other Lodging PlacesFiscal year ends December 31
Target Hospitality Corp.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$15.32−0.14 (-0.91%)
Close on Oct 19, 2026
- Market cap
- $1.54B
- P/E (TTM)
- –
- Dividend yield
- –
Target Hospitality Corp. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HFS - South | $141.69M | $149.93M | $148.68M | $132.37M | $116.96M | $98.89M | $196.56M | – | – | 44.2% | -5.5% |
| WHS | $96.80M | – | – | – | – | – | – | – | – | 30.2% | – |
| Government | $70.79M | $224.65M | $403.72M | $360.29M | $156.25M | $63.26M | $66.97M | $66.68M | $66.72M | 22.1% | -68.5% |
| All Other | $11.35M | $11.69M | $11.21M | $9.32M | $18.13M | $1.25M | $3.30M | $4.31M | $3.72M | 3.5% | -2.9% |
| Bakken Basin | – | – | – | $6.17M | $4.15M | $6.61M | $20.62M | $25.81M | $22.35M | – | – |
| Permian Basin | – | – | – | $132.37M | $116.96M | $112.13M | $214.46M | $120.59M | $41.44M | – | – |
| TCPL Keystone | – | – | – | – | $12.28M | $41.91M | $15.74M | $23.21M | – | – | – |
| HFS - Midwest | – | – | – | – | $4.15M | $6.61M | $20.62M | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Services income | $187.53M | $265.91M | $365.63M | $333.70M | $203.13M | $132.43M | $242.82M | $163.66M | $73.50M | 58.5% | -29.5% |
| Construction fee income | $87.30M | – | – | – | – | – | – | – | – | 27.2% | – |
| Specialty rental income | – | – | – | – | – | $53.00M | $28.87M | $53.74M | $58.81M | – | – |
| Construction fee | – | – | – | – | $11.29M | $39.76M | $18.45M | $23.21M | $1.92M | – | – |
By region
From the segment and revenue-disaggregation notes of Target Hospitality's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.