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Target Hospitality TH Contract With Customer Liability Additions To Deferred Revenue

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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 th:ContractWithCustomerLiabilityAdditionsToDeferredRevenue.

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 contract with customer liability additions to deferred revenue?
Target Hospitality (TH) reported contract with customer liability additions to deferred revenue of $12.71M in Q1 2026.
How has Target Hospitality's contract with customer liability additions to deferred revenue changed year-over-year?
Target Hospitality's contract with customer liability additions to deferred revenue increased by 3987.1% year-over-year, from $311K to $12.71M.
What does contract with customer liability additions to deferred revenue mean?
Measures the total value of new payments or billings received from customers for services or goods that have not yet been delivered. This reflects the growth in future revenue obligations and the company's ability to secure upfront commitments from its client base.