Skip to content
Screener

Target Hospitality TH Q1 2025 earnings

Reported May 19, 2025 · Before market open

Revenue$69.9MBeat by $10.5M
EPS-$0.05Miss by $0.03
Revenue estimate$59.4M
EPS estimate-$0.02

Next report

Nov 5, 2026 (in a month)
Revenue estimate$118.4M
EPS estimate$0.01

Financials

Q1 2025

Income statement

See full
Revenue$69.9M-34.5%
Gross profit$18.0M-63.4%
Operating income-$1.1M-104%
Net income-$6.5M-132%
EPS (diluted)-$0.07-135%

Balance sheet

See full
Cash & equivalents$34.5M-72.3%
Total debt$13.9M-93.2%
Total equity$415.3M+10.6%
Total assets$562.5M-18.1%

Cash flow

See full
Operating cash flow$3.9M-92.2%
CapEx$615.0K+356%
Free cash flow$3.3M-93.4%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$653.81M-40.8%
Enterprise value$633.2M-46.5%
P/E14.7×+7.4×
P/S1.9×-0.2×

Profitability

See full
Gross margin42.1%-11.6pp
Operating margin22.1%-17.9pp
Net margin12.7%-16.0pp
FCF margin29.7%-6.8pp

Returns & leverage

See full
Return on equity11.2%-37.5pp
Debt / equity0×-0.5×
Current ratio2×-0.8×

Segments

By segment

See full
Hospitality And Facilities Services South$36.1M-2.3%
Government$25.7M-62.0%
Workforce Hospitality Solutions$5.2M—
All Other Segments$2.9M+36.4%

By product

See full
Service$50.1M-30.8%
Construction Fee Income$4.8M—

FAQ

When did Target Hospitality report Q1 2025 earnings?
Target Hospitality (TH) reported Q1 2025 earnings on May 19, 2025 before market open.
What were Target Hospitality's Q1 2025 revenue and EPS?
Target Hospitality reported revenue of $69.9M and eps of $-0.05 for Q1 2025.
Did Target Hospitality beat estimates in Q1 2025?
Revenue beat the consensus estimate of $59.4M by $10.5M. EPS missed the consensus estimate of $-0.02 by $0.03.
How did Target Hospitality's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 34.5% from $106.7M a year earlier.
Where can I find Target Hospitality's Q1 2025 SEC filings?
You can read the 8-K earnings release (0001558370-25-007963) and the 10-Q periodic report (0001558370-25-007977) directly on SEC EDGAR. The filing index links above go to sec.gov.