Target Hospitality publishes 2025 annual report, posts $321 million revenue

Target Hospitality Corp. +3.91% Pre

Target Hospitality Corp.

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  • Target Hospitality annual report for fiscal 2025 highlighted continued shift toward contract-backed, turnkey workforce lodging with in-house hospitality services across US and Canada.
  • Company operated 29 communities with 16,991 beds as of Dec. 31, 2025, supported by modular assets designed for redeployment across segments and geographies.
  • Workforce Hospitality Solutions segment launched in 2025, driven by Lithium Nevada Thacker Pass workforce hub buildout and ramp, with first occupancy starting in September.
  • Data center community contract signed in September, then expanded late in year to scale capacity to 1,050 beds by June 2026, with initial terms running through 2027-2028.
  • Government business restarted Dilley operations under new contract effective March 5, 2025, while West Texas nonprofit-partner contract ended Feb. 21, 2025, freeing modular assets for redeployment.


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