When did Target Hospitality report Q3 2025 earnings?

Target Hospitality (TH) reported Q3 2025 earnings on November 6, 2025 before market open.

What were Target Hospitality's Q3 2025 revenue and EPS?

Target Hospitality reported revenue of $99.4M and eps of $-0.01 for Q3 2025.

Did Target Hospitality beat estimates in Q3 2025?

Revenue beat the consensus estimate of $85.2M by $14.2M. EPS beat the consensus estimate of $-0.04 by $0.03.

How did Target Hospitality's Q3 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 4.4% from $95.2M a year earlier.

Where can I find Target Hospitality's Q3 2025 SEC filings?

You can read the 8-K earnings release (0001104659-25-107342) and the 10-Q periodic report (0001104659-25-107639) directly on SEC EDGAR. The filing index links above go to sec.gov.

Target Hospitality TH Q3 2025 earnings

Reported November 6, 2025 · Before market open

Revenue$99.4MBeat by $14.2M

EPS-$0.01Beat by $0.03

Revenue estimate$85.2M

EPS estimate-$0.04

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$79.3M

EPS estimate-$0.10

Financials

Q3 2025

Income statement

See full

Revenue$99.4M+4.4%

Gross profit$17.9M-60.3%

Operating income$69.0K-99.8%

Net income-$795.0K-104%

EPS (diluted)-$0.01-105%

Balance sheet

See full

Cash & equivalents$30.4M-82.9%

Total debt$13.2M-93.3%

Total equity$402.4M-3.6%

Total assets$541.2M-23.8%

Cash flow

See full

Operating cash flow$53.4M+69.8%

CapEx$49.0K-22.2%

Free cash flow$53.3M+70.0%

Valuation & ratios

Valuation

as of 09/30/25

See full

Market cap$846.12M+8.5%

Enterprise value$828.98M+3.8%

P/S2.7×+0.9×

Profitability

See full

Gross margin23.1%-24.3pp

Operating margin0.9%-30.4pp

Net margin-3.1%-25.6pp

FCF margin31.1%-6.0pp

Returns & leverage

See full

Return on equity-2.4%-27.9pp

Debt / equity0×-0.4×

Current ratio1×0.0×

Segments

By segment

See full

Workforce Hospitality Solutions$36.8M—

Hospitality And Facilities Services South$35.6M-6.5%

Government$23.9M-55.3%

All Other Segments$3.0M-17.8%

By product

See full

Service$56.0M-14.9%

Construction Fee Income$35.6M—

Versus estimates

Revenue

Q1 2026$72.8MMiss by $419.0K Q4 2025$89.8MBeat by $4.0M

Q3 2025$99.4MBeat by $14.2M

Q2 2025$61.6MMiss by $23.7M Q1 2025$69.9MBeat by $10.5M Q4 2024$83.7MBeat by $10.7M

Diluted EPS

Q1 2026-$0.13Miss by $0.02 Q4 2025-$0.15Miss by $0.05

Q3 2025-$0.01Beat by $0.03

Q2 2025-$0.15Miss by $0.04 Q1 2025-$0.05Miss by $0.03 Q4 2024$0.12Beat by $0.06

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Questions, answered.

When did Target Hospitality report Q3 2025 earnings?: Target Hospitality (TH) reported Q3 2025 earnings on November 6, 2025 before market open.
What were Target Hospitality's Q3 2025 revenue and EPS?: Target Hospitality reported revenue of $99.4M and eps of $-0.01 for Q3 2025.
Did Target Hospitality beat estimates in Q3 2025?: Revenue beat the consensus estimate of $85.2M by $14.2M. EPS beat the consensus estimate of $-0.04 by $0.03.
How did Target Hospitality's Q3 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 4.4% from $95.2M a year earlier.
Where can I find Target Hospitality's Q3 2025 SEC filings?: You can read the 8-K earnings release (0001104659-25-107342) and the 10-Q periodic report (0001104659-25-107639) directly on SEC EDGAR. The filing index links above go to sec.gov.