---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016999"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:34:33.011040+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality Q3 revenue $159.6M (+79%), net income $19.0M, EPS $0.20, authorizes $100M buyback

## Summary
- Record Q3 revenue $159.6M (+79% YoY); net income $19.0M ($0.20 diluted EPS).
- Adjusted EBITDA $84.4M (+125% YoY); operating cash flow $261.2M.
- Over $300M liquidity, net leverage 0.8x; board authorized up to $100M stock repurchase.
- Extended multiple HFS customer contracts worth over $75M cumulative revenue through 2025.

## SEC filing metadata
- accession: 0001558370-22-016999
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000155837022016999/0001558370-22-016999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000155837022016999/th-20221109x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016999
- JSON: https://secwatch.observer/filing/0001558370-22-016999.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016999.txt

## Key facts
- Earnings Releases
  Target Hospitality Corp. reported three months ended September 30, 2022 results: revenue $159.6 million, net income $19.0 million, EPS $0.20.
  - Period: three months ended September 30, 2022
  - Revenue: $159.6 million
  - Net income: $19.0 million
  - EPS: $0.20
  - Result: reported results
  source text: Record quarterly revenue of $159.6 million for the three months ended September 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000155837022016999/0001558370-22-016999-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.