Quick Answer
Target Hospitality Corp. reported Total Revenue of $320.63 million for fiscal year 2025.
Target Hospitality Corp. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $320.63M -17.0% |
$386.27M -31.5% |
$563.61M +12.3% |
$501.99M +72.3% |
$291.34M +29.4% |
$225.15M -29.9% |
| Revenue (ASC 606) | $274.83M +3.4% |
$265.91M -27.3% |
$365.63M +9.6% |
$333.70M +55.6% |
$214.43M +24.5% |
$172.20M -34.1% |
| Net Income | -$37.12M -152.1% |
$71.27M -59.0% |
$173.70M +134.9% |
$73.94M +1715.8% |
-$4.58M +81.8% |
-$25.13M -309.9% |
| Diluted EPS | -$0.37 -152.9% |
$0.70 -55.1% |
$1.56 +110.8% |
$0.74 +1580.0% |
-$0.05 +80.8% |
-$0.26 -300.0% |
| Total Assets | $530.21M -26.9% |
$725.77M +4.5% |
$694.35M -10.0% |
$771.73M +50.3% |
$513.39M -3.9% |
$534.24M -11.1% |
| Cash and Equivalents | $8.35M -95.6% |
$190.67M +83.5% |
$103.93M -42.8% |
$181.67M +676.2% |
$23.41M +235.4% |
$6.98M +2.8% |
| Long-Term Debt | — | — | — | — | — | — |
| Stockholders Equity | $389.26M -7.6% |
$421.08M +11.6% |
$377.31M +87.9% |
$200.85M +106.5% |
$97.27M -1.6% |
$98.89M -18.0% |
| Operating Income | -$34.75M -131.9% |
$108.78M -54.8% |
$240.61M +38.0% |
$174.37M +370.0% |
$37.10M +804.6% |
$4.10M -91.5% |
| Gross Profit | $42.66M -76.1% |
$178.18M -43.1% |
$313.32M +26.8% |
$247.13M +143.8% |
$101.35M +77.3% |
$57.16M -61.1% |
| Shares Outstanding | 99.80M +0.9% |
98.95M -2.7% |
101.66M +1.3% |
100.32M -1.6% |
101.95M +0.8% |
101.17M +0.3% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $99.36M | +4.4% | +61.3% |
| Revenue (ASC 606) | September 30, 2025 | $91.57M | +39.2% | +66.8% |
| Net Income | September 30, 2025 | -$795.0K | -104.0% | +94.7% |
| Diluted EPS | September 30, 2025 | -$0.01 | -105.0% | +93.3% |
| Total Assets | September 30, 2025 | $541.15M | -23.8% | +1.4% |
| Cash and Equivalents | September 30, 2025 | $30.39M | -82.9% | +58.0% |
| Long-Term Debt | September 30, 2019 | $410.49M | — | -0.0% |
| Stockholders Equity | September 30, 2025 | $402.38M | -3.6% | +0.3% |
| Operating Income | September 30, 2025 | $69.0K | -99.8% | +100.4% |
| Gross Profit | September 30, 2025 | $17.95M | -60.3% | +5571.0% |
| Shares Outstanding | September 30, 2025 | 99.78M | -0.5% | +0.0% |
- Target Hospitality Corp. reported Total Revenue of $320.63 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -17.0% in Total Revenue compared to the prior fiscal year.
- Target Hospitality Corp. reported Revenue (ASC 606) of $274.83 million for fiscal year 2025.
- Target Hospitality Corp. showed an increase of +3.4% in Revenue (ASC 606) compared to the prior fiscal year.
- Target Hospitality Corp. reported Net Income of -$37.12 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -152.1% in Net Income compared to the prior fiscal year.
- Target Hospitality Corp. reported Diluted EPS of $0.37 per share (loss) for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -152.9% in Diluted EPS compared to the prior fiscal year.
- Target Hospitality Corp. reported Total Assets of $530.21 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -26.9% in Total Assets compared to the prior fiscal year.
- Target Hospitality Corp. reported Cash and Equivalents of $8.35 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -95.6% in Cash and Equivalents compared to the prior fiscal year.
- Target Hospitality Corp. reported Long-Term Debt of $421.99 million for fiscal year 2019.
- Target Hospitality Corp. reported Stockholders Equity of $389.26 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -7.6% in Stockholders Equity compared to the prior fiscal year.
- Target Hospitality Corp. reported Operating Income of -$34.75 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -131.9% in Operating Income compared to the prior fiscal year.
- Target Hospitality Corp. reported Gross Profit of $42.66 million for fiscal year 2025.
- Target Hospitality Corp. showed a decrease of -76.1% in Gross Profit compared to the prior fiscal year.
- Target Hospitality Corp. reported Shares Outstanding of 99.80 million shares for fiscal year 2025.
- Target Hospitality Corp. showed an increase of +0.9% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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