Target Hospitality Corp. Income Statement
TH / Consumer Discretionary|9 years of annual SEC 10-K data (FY2017-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 9 fiscal years. All figures from audited SEC 10-K filings.
Target Hospitality Corp. reported $321M in revenue and $37M in net loss for FY2025. Revenue has grown at a 11.5% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $320.6M | $386.3M | $563.6M | $502.0M | $291.3M | $225.1M | $321.1M | $240.6M | $134.2M |
| Gross Profit | $42.7M | $178.2M | $313.3M | $247.1M | $101.3M | $57.2M | $147.0M | $90.2M | $53.0M |
| SG&A Expense | $58.5M | $54.3M | $56.1M | $57.9M | $46.5M | $38.1M | $76.6M | $41.3M | $24.3M |
| Operating Income | -$34.7M | $108.8M | $240.6M | $174.4M | $37.1M | $4.1M | $48.0M | $40.9M | $21.5M |
| Interest Expense | - | - | - | - | - | - | $28.6M | $2.4M | $2.7M |
| Income Tax | -$6.1M | $21.4M | $51.0M | $32.4M | $1.9M | -$8.5M | $7.6M | $11.8M | $25.6M |
| Net Income | -$37.1M | $71.3M | $173.7M | $73.9M | -$4.6M | -$25.1M | $12.0M | $5.0M | $981.0K |
| EPS (Basic) | $1.71 | $0.76 | -$0.05 | -$0.26 | $0.13 | - | - | - | - |
| EPS (Diluted) | $1.56 | $0.74 | -$0.05 | -$0.26 | $0.13 | $0.12 | $0.04 | - | - |
| Shares Outstanding | 99.0M | 101.7M | 100.3M | 102.0M | 101.2M | 100.8M | 74.8M | - | 25.7M |
| Gross Margin | 13.3% | 46.1% | 55.6% | 49.2% | 34.8% | 25.4% | 45.8% | 37.5% | 39.5% |
| Operating Margin | -10.8% | 28.2% | 42.7% | 34.7% | 12.7% | 1.8% | 14.9% | 17.0% | 16.0% |
| Profit Margin | -11.6% | 18.4% | 30.8% | 14.7% | -1.6% | -11.2% | 3.7% | 2.1% | 0.7% |