Quick Answer
Target Hospitality Corp. reported Operating Income of -$34.75 million for fiscal year 2025.
Target Hospitality Corp. Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | -$34.75M | -131.9% |
| 2024 | $108.78M | -54.8% |
| 2023 | $240.61M | +38.0% |
| 2022 | $174.37M | +370.0% |
| 2021 | $37.10M | +804.6% |
| 2020 | $4.10M | -91.5% |
| 2019 | $47.97M | +17.3% |
| 2018 | $40.91M | +90.6% |
| 2017 | $21.46M | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $69.0K | -99.8% | +100.4% |
| June 30, 2025 | -$16.92M | -157.3% | -1472.3% |
| March 31, 2025 | -$1.08M | -103.5% | -103.8% |
| September 30, 2024 | $27.99M | -58.7% | -5.3% |
| June 30, 2024 | $29.55M | -54.4% | -2.9% |
| March 31, 2024 | $30.44M | -50.9% | -55.1% |
| September 30, 2023 | $67.72M | +13.0% | +4.6% |
| June 30, 2023 | $64.76M | +71.2% | +4.5% |
- Target Hospitality Corp. showed a decrease of -131.9% in Operating Income compared to the prior fiscal year.
- Over the 2017–2025 period, Target Hospitality Corp.’s operating income has declined by 261.9% (from $21.46 million to -$34.75 million).
- The most recent figure is from Target Hospitality Corp.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 11, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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