Risk factors

Target Hospitality (TH) risk factors

Item 1A of every Target Hospitality Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    38 risks5 new5 dropped7 reworded

    Target Hospitality expanded into new markets like lithium mining and AI data center infrastructure, replacing previous heavy debt risks.

    Filed Mar 11, 2026
  • FY2024 10-K risk factors
    38 risks

    Customer concentration is exceptionally high, with the largest customer generating 48% and top five generating 74% of revenue in 2024.

    Filed Mar 26, 2025