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Target Hospitality TH Contract With Customer Liability Revenue Recognized Including Opening Balance

Contract With Customer Liability Revenue Recognized Including Opening Balance at other companies

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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$1.99B+42.2%

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:ContractWithCustomerLiabilityRevenueRecognizedIncludingOpeningBalance.

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

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Questions, answered.

What is Target Hospitality's contract with customer liability revenue recognized including opening balance?
Target Hospitality (TH) reported contract with customer liability revenue recognized including opening balance of $545.75K in Q4 2025.
How has Target Hospitality's contract with customer liability revenue recognized including opening balance changed year-over-year?
Target Hospitality's contract with customer liability revenue recognized including opening balance decreased by 55.7% year-over-year, from $1.23M to $545.75K.
What is the long-term trend for Target Hospitality's contract with customer liability revenue recognized including opening balance?
Over 2 years (2023 to 2025), Target Hospitality's contract with customer liability revenue recognized including opening balance has grown at a -86.5% compound annual growth rate (CAGR), from $120.05M to $2.18M.
What does contract with customer liability revenue recognized including opening balance mean?
Represents the portion of deferred revenue that has been recognized as earned income during the period, including amounts from opening balances. This metric tracks the conversion of customer prepayments into actual realized revenue.