Target Hospitality Quarterly Income Statement
NASDAQ: THConsumer DiscretionaryHotels/ResortsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Target Hospitality revenue and earnings
In the quarter ended Jun 30, 2026, Target Hospitality generated $85.5 million in revenue, up 38.7% from the same quarter a year earlier. Target Hospitality reported a net loss of $9.0 million, compared with a loss of $14.9 million a year earlier. Gross margin was 18.5% (up from -0.5%) and operating margin -8.8%.
Diluted earnings per share came in at -$0.09.
Summary generated from market data by MetaCap's automated system. Methodology
Target Hospitality income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 85.45M | 72.78M | 89.78M | 99.36M | 61.61M | 69.90M | 83.69M | 95.19M | 100.72M | 106.67M | 126.22M | 145.94M |
| Revenue growth (YoY) | +38.71% | +4.13% | +7.28% | +4.37% | -38.83% | -34.47% | -33.70% | -34.77% | -29.87% | -27.84% | -17.20% | -8.54% |
| Gross Profit | 15.80M | 6.88M | 7.08M | 17.95M | -328.00K | 17.96M | 37.03M | 45.21M | 46.87M | 49.07M | 62.24M | 86.76M |
| Operating Expenses | 23.29M | 21.21M | 23.90M | 17.88M | 16.59M | 19.04M | 16.23M | 17.22M | 17.32M | 18.63M | 16.06M | 19.04M |
| Selling, General & Admin | 18.75M | 14.56M | 18.12M | 12.92M | 12.66M | 14.80M | 12.63M | 13.32M | 13.46M | 14.86M | 12.20M | 15.27M |
| Operating Income | -7.50M | -14.32M | -16.82M | 69.00K | -16.92M | -1.08M | 20.80M | 27.99M | 29.55M | 30.44M | 46.18M | 67.72M |
| Interest Expense | 730.00K | 601.00K | — | 334.00K | 871.00K | 5.42M | — | 5.04M | 5.04M | 5.04M | — | 5.10M |
| Pretax Income | -8.51M | -15.21M | -17.18M | -389.00K | -17.86M | -7.78M | 16.86M | 24.18M | 25.28M | 26.53M | 48.37M | 60.19M |
| Income Tax | 473.00K | -2.25M | -2.24M | 368.00K | -2.94M | -1.32M | 4.31M | 4.08M | 6.89M | 6.14M | 10.52M | 14.61M |
| Net Income | -9.04M | -12.92M | -14.93M | -795.00K | -14.93M | -6.46M | 12.50M | 19.99M | 18.39M | 20.38M | 37.84M | 45.58M |
| Net Income growth (YoY) | — | — | -219.45% | -103.98% | -181.21% | -131.70% | -66.96% | -56.13% | -60.42% | -53.49% | +19.86% | +139.61% |
| EPS (Basic) | -0.09 | -0.13 | -0.14 | -0.01 | -0.15 | -0.07 | 0.13 | 0.20 | 0.18 | 0.20 | 0.36 | 0.45 |
| EPS (Diluted) | -0.09 | -0.13 | -0.14 | -0.01 | -0.15 | -0.07 | 0.12 | 0.20 | 0.18 | 0.20 | 0.31 | 0.43 |
| Shares Outstanding (Basic) | 100.21M | 99.93M | — | 99.78M | 99.40M | 99.11M | — | 100.44M | 100.26M | 100.66M | — | 101.62M |
| Shares Outstanding (Diluted) | 100.21M | 99.93M | — | 99.78M | 99.40M | 99.11M | — | 101.30M | 101.25M | 102.36M | — | 105.09M |
| EBITDA | 14.04M | 5.27M | 2.79M | 18.53M | 748.00K | 16.57M | 38.27M | 45.95M | 48.26M | 49.10M | 65.43M | 89.21M |
| Gross Margin | 18.49% | 9.46% | 7.88% | 18.06% | -53.00% | 25.70% | 44.25% | 47.49% | 46.53% | 46.00% | 49.31% | 59.45% |
| Operating Margin | -8.77% | -19.68% | -18.74% | 7.00% | -27.46% | -1.54% | 24.86% | 29.41% | 29.34% | 28.53% | 36.58% | 46.40% |
| Net Margin | -10.57% | -17.75% | -16.63% | -80.00% | -24.24% | -9.24% | 14.94% | 21.00% | 18.25% | 19.11% | 29.98% | 31.23% |
This table shows 12 quarterly periods of Target Hospitality's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow TH's reporting calendar. What is a income statement?