Target Hospitality (TH) Revenue & Revenue Breakdown


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Target Hospitality Revenue Highlights


Latest Revenue (Y)

$563.61M

Latest Revenue (Q)

$106.67M

Main Segment (Y)

Services

Main Geography (Y)

All Other

Target Hospitality Revenue by Period


Target Hospitality Revenue by Year

DateRevenueChange
2023-12-31$563.61M12.28%
2022-12-31$501.99M72.30%
2021-12-31$291.34M29.40%
2020-12-31$225.15M-29.88%
2019-12-31$321.10M33.46%
2018-12-31$240.60M79.24%
2017-12-31$134.24M-

Target Hospitality generated $563.61M in revenue during NA 2023, up 12.28% compared to the previous quarter, and up 234.25% compared to the same period a year ago.

Target Hospitality Revenue by Quarter

DateRevenueChange
2024-03-31$106.67M-15.49%
2023-12-31$126.22M-13.51%
2023-09-30$145.94M1.61%
2023-06-30$143.63M-2.83%
2023-03-31$147.82M-3.03%
2022-12-31$152.44M-4.47%
2022-09-30$159.56M45.53%
2022-06-30$109.65M36.49%
2022-03-31$80.33M-1.66%
2021-12-31$81.69M-8.39%
2021-09-30$89.17M18.91%
2021-06-30$74.99M64.83%
2021-03-31$45.49M-11.85%
2020-12-31$51.61M6.94%
2020-09-30$48.26M-9.99%
2020-06-30$53.62M-25.17%
2020-03-31$71.66M-5.86%
2019-12-31$76.11M-6.77%
2019-09-30$81.64M0.35%
2019-06-30$81.36M-0.76%
2019-03-31$81.98M-14.74%
2018-12-31$96.15M59.39%
2018-09-30$60.33M32.65%
2018-06-30$45.48M17.67%
2018-03-31$38.65M-1.20%
2017-12-31$39.12M7.00%
2017-09-30$36.55M24.84%
2017-06-30$29.28M-
2017-03-31$29.28M-

Target Hospitality generated $106.67M in revenue during Q1 2024, up -15.49% compared to the previous quarter, and up 69.98% compared to the same period a year ago.

Target Hospitality Revenue Breakdown


Target Hospitality Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Specialty rental$197.98M$168.28M$76.91M--
Services$365.63M----
Hotel---$53.00M-
Construction Fee----$15.80M

Target Hospitality's latest annual revenue breakdown by segment (product or service), as of Dec 23: Services (64.87%), and Specialty rental (35.13%).

Quarterly Revenue by Product

Product/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Specialty rental$41.49M$52.40M$51.11M$52.98M$54.78M$56.57M$35.28M$21.66M$22.36M-----------
Services$272.09M$93.54M------------------
Hotel---------$22.10M$20.83M$11.62M$10.60M$12.80M$13.00M$16.60M$16.70M$14.23M$15.14M$13.73M
Construction Fee------------$12.12M$3.20M$6.38M$7.18M----
Service-----------------$64.19M$59.83M$61.07M

Target Hospitality's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Services (86.77%), and Specialty rental (13.23%).

Target Hospitality Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
All Other$11.21M$333.70M$1.70M

Target Hospitality's latest annual revenue breakdown by geography, as of Dec 23: All Other (100.00%).

Quarterly Revenue by Country

CountryDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21
All Other$2.50M$2.87M$3.30M$2.54M$714.00K$765.00K$679.00K$992.00K$530.00K

Target Hospitality's latest quarterly revenue breakdown by geography, as of Dec 23: All Other (100.00%).

Target Hospitality Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ULHUniversal Logistics$1.66B$462.16M
KLXEKLX Energy Services$888.40M$180.20M
OSWOneSpaWorld$794.04M$224.89M
IMXIInternational Money Express$658.74M$171.53M
THTarget Hospitality$563.61M$106.67M
BBCPConcrete Pumping$442.24M$109.62M

TH Revenue FAQ


Target Hospitality's yearly revenue for 2023 was $563.61M, representing an increase of 12.28% compared to 2022. The company's yearly revenue for 2022 was $501.98M, representing an increase of 72.30% compared to 2021. TH's yearly revenue for 2021 was $291.34M, representing an increase of 29.40% compared to 2020.

Target Hospitality's quarterly revenue for Q1 2024 was $106.67M, a -15.49% decrease from the previous quarter (Q4 2023), and a -27.84% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $126.22M, a -13.51% decrease from the previous quarter (Q3 2023), and a -17.20% decrease year-over-year (Q4 2022). TH's quarterly revenue for Q3 2023 was $145.94M, a 1.61% increase from the previous quarter (Q2 2023), and a -8.54% decrease year-over-year (Q3 2022).

Target Hospitality's revenue growth rate for the last 3 years (2021-2023) was 93.46%, and for the last 5 years (2019-2023) was 75.53%.

Target Hospitality's revenue streams in c 23 are Specialty rental, and Services. Specialty rental generated $197.98M in revenue, accounting 35.13% of the company's total revenue, up 17.65% year-over-year. Services generated $365.63M in revenue, accounting 64.87% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Target Hospitality was Services. This segment made a revenue of $365.63M, representing 64.87% of the company's total revenue.