FY2025 · ended Dec 31, 2025 · Revenue $274.83M, +3.4% YoY · Filed Mar 11, 2026
Target Hospitality Corp. (TH) files with the SEC under industry code 7000, Hotels, Rooming Houses, Camps & Other Lodging Places. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $274.8 million and a net loss of $37.1 million. As of Jun 30, 2026 it held $6.1 million in cash and investments and $48.3 million in total debt.
Revenue (TTM)
$275.94M
+17.0% vs year-ago TTM
Net income (TTM)
$-37.68M
-439.4% vs year-ago TTM
Operating cash flow (TTM)
$170.11M
+121.0% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$-0.38
-440.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
100.15M
+0.8% vs prior year
Net cash
$-42.21M
as of Jun 30, 2026
Operating margin
-14.0%
FY 2026
Company profile
- Industry
- Hotels, Rooming Houses, Camps & Other Lodging Places (SIC 7000)
- Listed as
- TH (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- The Woodlands, TX
- SEC filer status
- Accelerated filer
- SEC CIK
- 1712189
- Former names
- Platinum Eagle Acquisition Corp. (until Mar 15, 2019)
Other Hotels, Rooming Houses, Camps & Other Lodging Places companies
- Hilton Grand Vacations Inc. HGV
- Civeo Corp CVEO
- ModuLink Inc. MDLK
All 4 Hotels, Rooming Houses, Camps & Other Lodging Places companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $274.8M | $265.9M | $365.6M | $333.7M | $214.4M |
| Operating income | -$34.7M | $108.8M | $240.6M | $174.4M | $37.1M |
| Net income | -$37.1M | $71.3M | $173.7M | $73.9M | -$4.6M |
| Diluted EPS | -$0.37 | $0.70 | $1.56 | $0.74 | -$0.05 |
| Operating cash flow | $74.1M | $151.7M | $156.8M | $305.6M | $104.6M |
| Total assets | $530.2M | $725.8M | $694.4M | $771.7M | $513.4M |
| Total liabilities | $141.1M | $304.7M | $317.0M | $570.9M | $416.1M |
| Stockholders' equity | $389.3M | $421.1M | $377.3M | $200.8M | $97.3M |
| Cash and investments | $8.3M | $190.7M | $103.9M | $181.7M | $23.4M |
| Total debt | $14.5M | $209.6M | $200.8M | $354.7M | $342.9M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Sep 9, 2026 | Sep 8, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 1, 2026 | Sep 1, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Aug 26, 2026 | Aug 19, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 5, 2026 | Aug 4, 2026 |
All 746 Target Hospitality Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.