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Target Hospitality Corp.

For the period ended Jun 30, 2026. Filed Aug 10, 2026.

View on SEC.gov

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.

Jun 30, 2026 · Filed Aug 10, 2026

TH$11.06-2.6%Stored close · as of Nov 9, 2026

What changed in Risk Factors?

Read the current filing

Previous report: 10-Q

Period ended 2026-03-31; filed 2026-05-11.

0001104659-26-058542

Item 1A. Risk Factors

Current report: 10-Q

Period ended 2026-06-30; filed 2026-08-10.

0001104659-26-093264

Item 1A. Risk Factors

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 5 previous paragraphs and 2 current paragraphs.

1 unchanged; 1 reworded; 0 added; 3 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Removed paragraphs (3)

Previous report

Our ability to pursue future growth may be constrained by capital availability.

Previous report

The timing and scale of WHS opportunities may require additional capital. If capital required for WHS growth exceeds our operating cash flows and available ABL Facility capacity, we may delay, reduce, or cancel planned investments or seek additional financing. There can be no assurance that such financing will be available on acceptable terms or at all.

Previous report

Our investment framework generally prioritizes projects supported by long-term contracted minimum revenues and, where feasible, relies on the redeployment of modular units to limit upfront capital requirements. However, if anticipated revenues and cash flows are not achieved, we may further reduce capital spending, which could adversely affect our growth prospects, operating results, and liquidity.
Reworded paragraphs (1)

Previous wording

The Company’s financial position, results of operations and cash flows are subject to various risks, many of which are not exclusively within the Company’s control, and which may cause actual performance to differ materially from historical or projected future performance. “Item 1A. Risk Factors” of our 2025 Form 10-K includes a discussion of our risk factors. The information presented below updates, and should be read in conjunction with, the risk factors and information disclosed in our 2025 Form 10-K. Except as presented below, there have been no material changes from the risk factors described in our 2025 Form 10-K.

Current wording

The Company’s financial position, results of operations and cash flows are subject to various risks, many of which are not exclusively within the Company’s control, and which may cause actual performance to differ materially from historical or projected future performance. “Item 1A. Risk Factors” of our 2025 Form 10-K includes a discussion of our risk factors. For additional information about our risk factors, you should carefully consider the risk factors included in our 2025 Form 10-K and our Form 10-Q for the period ended March 31, 2026.