Target Hospitality Corp. (TH) Form 10-Q — Aug 10, 2026
Target Hospitality reported Q2 2026 revenue of $85.5 million, up roughly 39% year over year, while narrowing its net loss to $9.0 million ($0.09 per share) from $14.9 million ($0.15 per share) a year earlier. First-half revenue reached $158.2 million versus $131.5 million in the prior-year period. The growth is driven by the Workforce Hospitality Solutions segment, where first-half revenue jumped to $59.9 million from $20.2 million, powered by four AI infrastructure and power generation contracts expected to generate more than $1.4 billion of contracted revenue supporting approximately 9,000 individuals over terms of 26 to about 60 months.
Key figures
- Revenue
- 85455000
- Total Debt
- 44654000
- Revenue Yoy
- 38.7% (Q2 2026 vs Q2 2025)
- Total Assets
- 654190000
- Cash Position
- 6068000
- Shares Outstanding
- 99623423
- Q2 2025 revenue
- 61606000
- Six month revenue
- 158236000
- Tdr ownership pct
- 46.2%
- New abl commitments
- 660000000
- Communities in network
- 29
- Operating cash flow h1
- 111020000
- Whs segment h1 revenue
- 59948000
- Abl drawn during period
- 40000000
- Contracted revenue pipeline
- more than $1.4 billion from four AI infrastructure/power generation contracts
- New abl borrowed at closing
- 65700000
- New abl debt issuance costs
- 12200000
- Contracted headcount supported
- approximately 9,000 individuals
- Remaining performance obligations
- 263270000
- Whs segment h1 revenue prior year
- 20245000
- Specialty rental asset purchases h1
- 111785000
- Deferred revenue and customer deposits
- 121462000
Price after filing
Close on the filing date to close N calendar days later (from $16.51). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.