Target Hospitality Corp. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 30 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $90M | ↑+7.3% | — | — | — |
| 2025-09-30 | $99M | ↑+4.4% | $-795K | ↓-104.0% | 0.1% |
| 2025-06-30 | $62M | ↓-38.8% | $-15M | ↓-181.1% | -27.5% |
| 2025-03-31 | $70M | ↓-34.5% | $-6M | ↓-131.7% | -1.5% |
| 2024-12-31 | $84M | ↓-33.7% | $13M | ↓-67.0% | 24.9% |
| 2024-09-30 | $95M | ↓-34.8% | $20M | ↓-56.1% | 29.4% |
| 2024-06-30 | $101M | ↓-29.9% | $18M | ↓-60.4% | 29.3% |
| 2024-03-31 | $107M | ↓-27.8% | $20M | ↓-53.5% | 28.5% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$90M
↑+7.3% +$6M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Margin trends · 34 quarters
margin trajectory tells the operating-leverage storyGross Margin↓-36.4pts
7.9%
Operating Margin↓-29.3pts
0.1%
Net Margin↓-21.8pts
-0.8%
Go deeper
TH Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyTH Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics