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Target Hospitality TH Deferred Revenue

Deferred Revenue at other companies

Calix logo
CalixCALX
$232K-92.7%
Payoneer Global Inc. logo
Payoneer Global Inc.PAYO
$1.9M+431%
Target Hospitality logo
Target HospitalityTH
$11.18M+3,495%
NextNav logo
NextNavNN
$142K+545%
AbCellera Biologics Inc. logo
AbCellera Biologics Inc.ABCL
-$8.03M-160%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$1.45M-105%

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:IncreaseDecreaseInDeferredRevenue.

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 deferred revenue?
Target Hospitality (TH) reported deferred revenue of $11.18M in Q1 2026.
How has Target Hospitality's deferred revenue changed year-over-year?
Target Hospitality's deferred revenue increased by 3494.9% year-over-year, from $311K to $11.18M.
What is the long-term trend for Target Hospitality's deferred revenue?
Over 2 years (2023 to 2025), Target Hospitality's deferred revenue has grown at a -62.0% compound annual growth rate (CAGR), from -$120.05M to $17.34M.
What does deferred revenue mean?
Measures the net change in payments received from customers for goods or services that have not yet been delivered or performed. This metric is a key indicator of future revenue visibility and customer demand.