Target Hospitality (TH)
Builds and services modular workforce communities for remote energy, government, and infrastructure projects.
$21.19
After hours+0.01 (+0.05%)
At close$21.18(−0.47%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 146 | 126 | 107 | 101 | 95 | 84 | 70 | 62 | 99 | 90 | 73 | 85 |
| Cost of revenue | 59 | 64 | 58 | 54 | 50 | 47 | 59 | 69 | 89 | 90 | 73 | 70 |
| Gross profit | 87 | 62 | 49 | 47 | 45 | 37 | 11 | −8 | 10 | 0 | −1 | 16 |
| 19 | 16 | 19 | 17 | 17 | 16 | 11 | 9 | 10 | 15 | 11 | 23 | |
| Selling, general & administrative | 15 | 12 | 15 | 13 | 13 | 13 | 11 | 9 | 10 | 15 | 11 | 19 |
| Other expenses | 4 | 4 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 | 5 |
| Operating income | 68 | 46 | 30 | 30 | 28 | 21 | −1 | −17 | 1 | −15 | −12 | −7 |
| −8 | 2 | −4 | −4 | −4 | −4 | −7 | −1 | −1 | −2 | −4 | −1 | |
| Interest income | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 1 | 1 | 0 | 1 | 1 |
| Other non-operating income | 2 | −8 | −2 | −1 | −2 | −2 | 1 | 0 | 1 | 2 | 3 | 0 |
| Income before tax | 60 | 48 | 27 | 25 | 24 | 17 | −8 | −18 | 0 | −17 | −15 | −9 |
| Income tax expense | 15 | 11 | 6 | 7 | 4 | 4 | −1 | −3 | 0 | −2 | −2 | 0 |
| Net income from continuing operations | 46 | 38 | 20 | 18 | 20 | 13 | −6 | −15 | −1 | −15 | −13 | −9 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 46 | 38 | 20 | 18 | 20 | 13 | −6 | −15 | −1 | −15 | −13 | −9 |
| EPS, basic | $0.45 | $0.30 | $0.20 | $0.18 | $0.20 | $0.13 | −$0.07 | −$0.15 | −$0.01 | −$0.15 | −$0.13 | −$0.09 |
| EPS, diluted | $0.43 | $0.29 | $0.20 | $0.18 | $0.20 | $0.12 | −$0.07 | −$0.15 | −$0.01 | −$0.15 | −$0.13 | −$0.09 |
| Weighted average shares, basic | 102 | 102 | 101 | 100 | 100 | 99 | 99 | 99 | 100 | 100 | 100 | 100 |
| Weighted average shares, diluted | 105 | 105 | 102 | 101 | 101 | 100 | 99 | 99 | 100 | 100 | 100 | 100 |
| EBITDA | 87 | 73 | 51 | 50 | 48 | 40 | 20 | 5 | 23 | 7 | 9 | −7 |
| Depreciation & amortization | 21 | 19 | 19 | 19 | 18 | 17 | 22 | 22 | 23 | 24 | 24 | 0 |
| EBIT | 65 | 54 | 32 | 31 | 30 | 22 | −2 | −17 | 0 | −17 | −14 | −7 |
