THTarget Hospitality Corp.

$18.41+113% 1Y

The financials

Target Hospitality Corp. by the numbers

Target Hospitality Corp. (TH) reported revenue of $85M in Q2 2026 (quarter ended Jun 30, 2026), up 39% from the same quarter a year earlier. That came with a gross margin of 18% and net loss of $9.0M. For the full year FY2025, revenue was $321M (−17% year on year) and net income −$37M. Its largest segment in Q2 2026 was Hospitality And Facilities Services South at $32M, 61% of the disclosed total, well ahead of Workforce Hospitality Solutions at 25%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.

Target Hospitality Corp. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$85M$62M+39%
Gross profit$16M−$328Kto a profit
Operating income−$7.5M−$17Mn/a
Net income−$9.0M−$15Mn/a
Diluted EPS−$0.09−$0.15n/a
Revenue by segment, Q2 2026, as reported to the SEC
OperatingRevenueShare
Hospitality And Facilities Services South$32M61%
Workforce Hospitality Solutions$13M25%
Government$4.5M8.7%
All Other$3.0M5.8%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Jun 2026Total $51.8M (+11%)
Workforce Hospitality Solutions grew +1968% year on yearHospitality And Facilities Services South -8.5% year on year
  • Hospitality And Facilities Services South$31.5Mquarter on quarter -0.99%year on year -8.5%
  • Workforce Hospitality Solutions$12.8Mquarter on quarter +72%year on year +1968%
  • Government$4.5Mquarter on quarter -1.0%year on year +81%
  • All Other$3.0Mquarter on quarter +12%year on year +2.8%
Segment sum = 61% of reported consolidated revenue (partial disaggregation) · Latest source: 10-Q filed Aug 10, 2026, SEC EDGAR