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Target Hospitality (TH) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Target Hospitality Revenue Highlights

Latest Revenue (Y)

$386.27M

Latest Revenue (Q)

$99.36M

Main Segment (Y)

Service

Main Geography (Y)

All Other

Target Hospitality Revenue by Period

Target Hospitality Revenue by Year

DateRevenueChange
2024-12-31$386.27M-31.46%
2023-12-31$563.61M12.28%
2022-12-31$501.99M72.30%
2021-12-31$291.34M29.40%
2020-12-31$225.15M-29.88%
2019-12-31$321.10M33.46%
2018-12-31$240.60M79.24%
2017-12-31$134.24M-10.19%
2016-12-31$149.47M-

Target Hospitality generated $386.27M in revenue during NA 2024, up -31.46% compared to the previous quarter, and up 120.30% compared to the same period a year ago.

Target Hospitality Revenue by Quarter

DateRevenueChange
2025-09-30$99.36M61.27%
2025-06-30$61.61M-11.86%
2025-03-31$69.90M-16.48%
2024-12-31$83.69M-12.08%
2024-09-30$95.19M-5.49%
2024-06-30$100.72M-5.58%
2024-03-31$106.67M-15.49%
2023-12-31$126.22M-13.51%
2023-09-30$145.94M1.61%
2023-06-30$143.63M-2.83%
2023-03-31$147.82M-3.03%
2022-12-31$152.44M-4.47%
2022-09-30$159.56M45.53%
2022-06-30$109.65M36.49%
2022-03-31$80.33M-1.66%
2021-12-31$81.69M-8.39%
2021-09-30$89.17M18.91%
2021-06-30$74.99M64.83%
2021-03-31$45.49M-11.85%
2020-12-31$51.61M6.94%
2020-09-30$48.26M-9.99%
2020-06-30$53.62M-25.17%
2020-03-31$71.66M-5.86%
2019-12-31$76.11M-6.77%
2019-09-30$81.64M0.35%
2019-06-30$81.36M-0.76%
2019-03-31$81.98M-14.74%
2018-12-31$96.15M59.39%
2018-09-30$60.33M32.65%
2018-06-30$45.48M17.67%
2018-03-31$38.65M-1.20%
2017-12-31$39.12M7.00%
2017-09-30$36.55M24.84%
2017-06-30$29.28M-
2017-03-31$29.28M-

Target Hospitality generated $99.36M in revenue during Q3 2025, up 61.27% compared to the previous quarter, and up 98.64% compared to the same period a year ago.

Target Hospitality Revenue Breakdown

Target Hospitality Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Service$265.91M----
Hotel$120.36M$53.00M---
Services-$365.63M---
Specialty rental-$197.98M$168.28M$76.91M-

Target Hospitality's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (68.84%), and Hotel (31.16%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Dec 24Sep 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Hotel$7.78M$6.72M$14.99M$90.97M$29.39M$22.10M$20.83M$11.62M$10.60M$12.80M$13.00M---------
Service$56.01M$40.47M$50.11M$200.12M$65.80M---------------
Services-----$272.09M$93.54M-------------
Specialty rental-----$41.49M$52.40M$51.11M$52.98M$54.78M$56.57M$35.28M$21.66M$22.36M------
Construction Fee-----------------$12.12M--

Target Hospitality's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Service (87.80%), and Hotel (12.20%).

Target Hospitality Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
All Other$11.21M$333.70M$1.70M

Target Hospitality's latest annual revenue breakdown by geography, as of Dec 23: All Other (100.00%).

Quarterly Revenue by Country

CountryJun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
All Other$2.63M$2.50M$2.87M$3.30M$2.54M$714.00K$765.00K$679.00K$992.00K$530.00K

Target Hospitality's latest quarterly revenue breakdown by geography, as of Jun 24: All Other (100.00%).

Target Hospitality Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GNKGenco Shipping & Trading$423.02B$79.92M
VLRSControladora Vuela Compañía de Aviación$3.26B$768.00M
APOGApogee Enterprises$1.36B$358.19M
MRTNMarten Transport$963.71M$341.73M
GLDDGreat Lakes Dredge & Dock$762.69M$195.21M
NPKNational Presto Industries$388.23M$115.46M
THTarget Hospitality$386.27M$99.36M
PRSUPursuit Attractions and Hospitality$366.49M$-741.25M
NATNordic American Tankers$262.18M$95.29M
SERVServe Robotics$207.54K$440.46K
BWMNBowman Consulting Group-$126.03M

TH Revenue FAQ

What is Target Hospitality’s yearly revenue?

Target Hospitality's yearly revenue for 2024 was $386.27M, representing a decrease of -31.46% compared to 2023. The company's yearly revenue for 2023 was $563.61M, representing an increase of 12.28% compared to 2022. TH's yearly revenue for 2022 was $501.98M, representing an increase of 72.30% compared to 2021.

What is Target Hospitality’s quarterly revenue?

Target Hospitality's quarterly revenue for Q3 2025 was $99.36M, a 61.27% increase from the previous quarter (Q2 2025), and a 4.37% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $61.61M, a -11.86% decrease from the previous quarter (Q1 2025), and a -38.83% decrease year-over-year (Q2 2024). TH's quarterly revenue for Q1 2025 was $69.9M, a -16.48% decrease from the previous quarter (Q4 2024), and a -34.47% decrease year-over-year (Q1 2024).

What is Target Hospitality’s revenue growth rate?

Target Hospitality's revenue growth rate for the last 3 years (2022-2024) was -23.05%, and for the last 5 years (2020-2024) was 71.56%.

What are Target Hospitality’s revenue streams?

Target Hospitality's revenue streams in c 24 are Service, and Hotel. Service generated $265.91M in revenue, accounting 68.84% of the company's total revenue Hotel generated $120.36M in revenue, accounting 31.16% of the company's total revenue, up 127.09% year-over-year.

What is Target Hospitality’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Target Hospitality was Service. This segment made a revenue of $265.91M, representing 68.84% of the company's total revenue.