Target Hospitality Corp. (TH) Earnings History
Net Loss10 years of earnings data (2016–2025) · Currently unprofitable on a TTM basis
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Target Hospitality Corp. (TH) Earnings Overview
As of July 8, 2026, Target Hospitality Corp. (TH) reported trailing twelve-month net income of -$44M, reflecting -152.9% year-over-year growth. The company earned $-0.44 per diluted share over the past four quarters, with a net profit margin of -11.6%.
Looking at the long-term picture, TH's historical earnings data spans multiple years. The company achieved its highest annual net income of $174M in fiscal 2023.
Target Hospitality Corp. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including MGRC ($155M net income, 16.6% margin), WSC (-$68M net income, -2.3% margin), CEVA (-$12M net income, -9.7% margin), TH has room to improve margins relative to the peer group. Compare TH vs MGRC →
TH Earnings vs Peers
Earnings metrics vs comparable public companies
TH Historical Earnings Data (2016–2025)
10 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$37M | -152.1% | -$28M | $-0.37 | -11.6% | -8.8% |
| 2024 | $71M | -59.0% | $109M | $0.70 | 18.4% | 28.2% |
| 2023 | $174M | +134.9% | $241M | $1.56 | 30.8% | 42.7% |
| 2022 | $74M | +1715.8% | $174M | $0.74 | 14.7% | 34.7% |
| 2021 | -$5M | +81.8% | $37M | $-0.05 | -1.6% | 12.7% |
| 2020 | -$25M | -309.9% | $4M | $-0.29 | -11.2% | 1.8% |
| 2019 | $12M | +141.6% | $48M | $0.13 | 3.7% | 14.9% |
| 2018 | $5M | +405.2% | $41M | $0.12 | 2.1% | 17.0% |
| 2017 | $981,000 | -96.4% | $21M | $0.02 | 0.7% | 16.0% |
| 2016 | $27M | - | $40M | $0.66 | 18.0% | 27.0% |
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TH — Frequently Asked Questions
Quick answers to the most common questions about buying TH stock.
What is TH earnings per share (EPS)?
TH trailing twelve-month (TTM) diluted EPS is $-0.44, reflecting -152.9% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2016 to 2025 is available in the table on this page.
What is Target Hospitality Corp.'s net income?
Target Hospitality Corp. (TH) trailing twelve-month net income is $-44M as of 2025. Earnings declined -152.9% year-over-year.
Is TH profitable?
TH is not currently profitable on a TTM basis, reporting a net loss of $-44M. Net margin is -11.6%. Investors should monitor for a return to profitability.
What is TH's earnings growth rate?
TH compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2016 to 2025.
What are TH's profit margins?
Target Hospitality Corp. net profit margin is -11.6%, operating margin is -8.8%, and gross margin is +4.0%. Below-average margins reflect competitive or cost pressures. Return on Equity is -9.2%.
Is TH growing earnings?
TH earnings are declining — EPS fell -152.9% year-over-year. TTM net income dropped to $-44M. This contrasts with the 5-year CAGR of N/A.
What was TH's best earnings year?
Target Hospitality Corp.'s highest annual net income on record is $174M, achieved in fiscal year 2023. Earnings history on this page spans 2016 to 2025 and includes all annual and quarterly figures.
What were TH's earnings last quarter?
TH's most recent reported quarter was Q1 2026. Net income was $-13M with diluted EPS of $-0.13. For a full breakdown of all quarters, see the quarterly earnings table on this page.