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Target Hospitality TH Construction Fee — Cost of Goods Sold

Other product segments

Service
$46.74M+30.7%
Hotel
$3.59M+43.8%

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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 us-gaap:CostOfGoodsAndServicesSold.

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 construction fee — cost of goods sold?
Target Hospitality (TH) reported construction fee — cost of goods sold of $6.5M in Q1 2026.
What does construction fee — cost of goods sold mean?
This metric represents the direct costs incurred to deliver construction-related services or projects within the specified business segment. It includes expenses such as labor, materials, and subcontracting fees directly attributable to generating construction revenue. Monitoring this figure helps investors assess the direct profitability and operational efficiency of the construction service line.