Target Hospitality Corp.

For the period ended Mar 31, 2026. Filed May 11, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 11, 2026

TH$10.30-6.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Unaudited Consolidated Statements of Comprehensive Loss

($ in thousands, except per share amounts)


· · For the Three Months Ended
· · March 31,
· · 2026 · · 2025
Revenue: · · · · ·
Services income	$46,511	$50,107
Specialty rental income	16,576	14,995
Construction fee income	9,694	4,795
Total revenue	72,781	69,897
Costs:
Services and construction costs	46,738	35,768
Specialty rental	3,585	2,493
Depreciation of specialty rental assets	15,575	13,672
Gross profit	6,883	17,964
Selling, general and administrative	14,557	14,805
Other depreciation and amortization	4,021	3,973
Other expense, net	2,628	262
Operating loss	(14,323)	(1,076)
Loss on extinguishment of debt	—	2,370
Interest expense, net	892	4,329
Loss before income tax	(15,215)	(7,775)
Income tax benefit	(2,253)	(1,316)
Net loss	(12,962)	(6,459)
Less: Net income (loss) attributable to the noncontrolling interest	(43)	2
Net loss attributable to Target Hospitality Corp. common stockholders	(12,919)	(6,461)

Other comprehensive loss
Foreign currency translation	(26)	(4)
Comprehensive loss	$(12,988)	$(6,463)


Weighted average number shares outstanding - basic and diluted	99,930,789	99,111,940

Net loss per share attributable to Target Hospitality Corp. common stockholders - basic and diluted	$(0.13)	$(0.07)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.