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Target Hospitality TH Pre-Tax Income

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Other financials

Income statement

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Revenue$72.8M+4.1%
Gross profit$6.9M-61.7%
Operating income-$14.3M-1,231%
Net income-$12.9M-100.0%
EPS (diluted)-$0.13-85.7%

Balance sheet

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Cash & equivalents$5.5M-84.2%
Total debt$11.0M-20.4%
Total equity$376.9M-9.2%
Total assets$539.5M-4.1%

Cash flow

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Operating cash flow$7.0M+78.7%
CapEx$176.0K-71.4%
Free cash flow$6.9M+106%

Valuation

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Market cap$2.04B+42.2%
Enterprise value$2.05B+47.7%
P/S6.3×+2.2×

Profitability

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Gross margin9.8%-32.3pp
Operating margin-14.8%-36.9pp
Net margin-13.5%-26.2pp
FCF margin23.8%-6.0pp

Returns & leverage

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Return on equity-11%-22.2pp
Debt / equity0.0×
Current ratio0.8×-1.1×

Where this comes from

Reported directly by Target Hospitality in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Target Hospitality’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Target Hospitality's pre-tax income?
Target Hospitality (TH) reported pre-tax income of -$15.22M in Q1 2026.
How has Target Hospitality's pre-tax income changed year-over-year?
Target Hospitality's pre-tax income decreased by 95.7% year-over-year, from -$7.78M to -$15.22M.
What is the long-term trend for Target Hospitality's pre-tax income?
Over 3 years (2022 to 2025), Target Hospitality's pre-tax income has grown at a -25.9% compound annual growth rate (CAGR), from $106.31M to -$43.2M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.