When did Target Hospitality report Q4 2025 earnings?

Target Hospitality (TH) reported Q4 2025 earnings on March 11, 2026 before market open.

What were Target Hospitality's Q4 2025 revenue and EPS?

Target Hospitality reported revenue of $89.8M and eps of $-0.15 for Q4 2025.

Did Target Hospitality beat estimates in Q4 2025?

Revenue beat the consensus estimate of $85.8M by $4.0M. EPS missed the consensus estimate of $-0.10 by $0.05.

How did Target Hospitality's Q4 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 7.3% from $83.7M a year earlier.

Where can I find Target Hospitality's Q4 2025 SEC filings?

You can read the 8-K earnings release (0001104659-26-026114) and the 10-K periodic report (0001104659-26-026351) directly on SEC EDGAR. The filing index links above go to sec.gov.

Target Hospitality TH Q4 2025 Annual earnings

Reported March 11, 2026 · Before market open

Revenue$89.8MBeat by $4.0M

EPS-$0.15Miss by $0.05

Revenue estimate$85.8M

EPS estimate-$0.10

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$79.3M

EPS estimate-$0.10

Financials

Q4 2025

Income statement

See full

Revenue$89.8M+7.3%

Gross profit$7.1M-80.9%

Operating income-$16.8M-181%

Net income-$14.9M-219%

EPS (diluted)-$0.15-225%

Balance sheet

See full

Cash & equivalents$8.3M-95.6%

Total debt$12.8M-93.9%

Total equity$389.3M-7.6%

Total assets$530.2M-26.9%

Cash flow

See full

Operating cash flow$5.7M-81.2%

CapEx$52.0K-85.7%

Free cash flow$5.7M-81.2%

Valuation & ratios

Valuation

as of 12/31/25

See full

Market cap$799.23M-16.4%

Enterprise value$803.71M-17.6%

P/S2.5×0.0×

Profitability

See full

Gross margin13.3%-32.8pp

Operating margin-10.8%-39.0pp

Net margin-11.6%-30.0pp

FCF margin22.9%-16.2pp

Returns & leverage

See full

Return on equity-9.2%-27.0pp

Debt / equity0×-0.5×

Current ratio0.9×-0.2×

Segments

By segment

See full

Workforce Hospitality Solutions$39.7M—

Hospitality And Facilities Services South$33.9M-7.7%

Government$13.7M-68.8%

All Other Segments$2.5M-23.0%

By product

See full

Service$40.9M-32.0%

Construction Fee Income$32.5M—

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 Q4 2025 earnings?: Target Hospitality (TH) reported Q4 2025 earnings on March 11, 2026 before market open.
What were Target Hospitality's Q4 2025 revenue and EPS?: Target Hospitality reported revenue of $89.8M and eps of $-0.15 for Q4 2025.
Did Target Hospitality beat estimates in Q4 2025?: Revenue beat the consensus estimate of $85.8M by $4.0M. EPS missed the consensus estimate of $-0.10 by $0.05.
How did Target Hospitality's Q4 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 7.3% from $83.7M a year earlier.
Where can I find Target Hospitality's Q4 2025 SEC filings?: You can read the 8-K earnings release (0001104659-26-026114) and the 10-K periodic report (0001104659-26-026351) directly on SEC EDGAR. The filing index links above go to sec.gov.