Target Hospitality Corp.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
View on SEC.govAbout 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.
Sep 30, 2026 · Filed Nov 9, 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 exhibitsContents
Unaudited Consolidated Statements of Changes in Stockholders’ Equity
For the three and nine months ended September 30, 2026 and 2025
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| · · · · · · · · · · · · Additional · · Accumulated · · · · · Total Target Hospitality Corp. · · · · · | ||||||||||||||||||||||||||||
| · · Common Stock · · Common Stock in Treasury · · Paid In · · Other · · Accumulated · · Stockholders' · · Noncontrolling · · Total | ||||||||||||||||||||||||||||
| · · Shares · · Amount · · Shares · · Amount · · Capital · · Comprehensive Loss · · Earnings · · Equity · · Interest · · Equity | ||||||||||||||||||||||||||||
| Balances at December 31, 2024 | | 98,952,054 | | $10 | | 13,296,930 | | $(57,304) | | $148,780 | | $(2,785) | | $332,380 | | $421,081 | | $9 | | $421,090 | ||||||||
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (6,461) | | | (6,461) | | | 2 | | | (6,459) |
| Stock-based compensation, net | | 412,662 | | | — | | — | | | — | | | 1,672 | | | — | | | — | | | 1,672 | | | — | | | 1,672 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (973) | | | — | | | — | | | (973) | | | — | | | (973) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | (4) | | | — | | | (4) | | | — | | | (4) |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (58) | | | (58) |
| Balances at March 31, 2025 | | 99,364,716 | | $10 | | 13,296,930 | | $(57,304) | | $149,479 | | $(2,789) | | $325,919 | | $415,315 | | $(47) | | $415,268 | ||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (14,931) | | | (14,931) | | | 13 | | | (14,918) |
| Stock-based compensation, net | | 413,356 | | | — | | — | | | — | | | 2,134 | | | — | | | — | | | 2,134 | | | — | | | 2,134 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (1,263) | | | — | | | — | | | (1,263) | | | — | | | (1,263) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | 21 | | | — | | | 21 | | | — | | | 21 |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (57) | | | (57) |
| Balances at June 30, 2025 | | 99,778,072 | | $10 | | 13,296,930 | | $(57,304) | | $150,350 | | $(2,768) | | $310,988 | | $401,276 | | $(91) | | $401,185 | ||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (795) | | | (795) | | | 38 | | | (757) |
| Stock-based compensation, net | | 1,460 | | | — | | — | | | — | | | 1,927 | | | — | | | — | | | 1,927 | | | — | | | 1,927 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (5) | | | — | | | — | | | (5) | | | — | | | (5) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | (26) | | | — | | | (26) | | | — | | | (26) |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (78) | | | (78) |
| Balances at September 30, 2025 | | 99,779,532 | | $10 | | 13,296,930 | | $(57,304) | | $152,272 | | $(2,794) | | $310,193 | | $402,377 | | $(131) | | $402,246 | ||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Balances at December 31, 2025 | | 99,797,242 | | $10 | | 13,296,930 | | $(57,304) | | $154,090 | | $(2,798) | | $295,259 | | $389,257 | | $(197) | | $389,060 | ||||||||
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (12,919) | | | (12,919) | | | (43) | | | (12,962) |
| Stock-based compensation, net | | 356,755 | | | — | | — | | | — | | | 1,658 | | | — | | | — | | | 1,658 | | | — | | | 1,658 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (1,046) | | | — | | | — | | | (1,046) | | | — | | | (1,046) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | (26) | | | — | | | (26) | | | — | | | (26) |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (62) | | | (62) |
| Balances at March 31, 2026 | | 100,153,997 | | $10 | | 13,296,930 | | $(57,304) | | $154,702 | | $(2,824) | | $282,340 | | $376,924 | | $(302) | | $376,622 | ||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (9,035) | | | (9,035) | | | 54 | | | (8,981) |
| Stock-based compensation, net | | 106,555 | | | — | | — | | | — | | | 2,316 | | | — | | | — | | | 2,316 | | | — | | | 2,316 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (115) | | | — | | | — | | | (115) | | | — | | | (115) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | (190) | | | — | | | (190) | | | — | | | (190) |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (74) | | | (74) |
| Issuance of Common Stock from exercise of stock options | | 24,891 | | | — | | — | | | — | | | 209 | | | — | | | — | | | 209 | | | — | | | 209 |
| Balances at June 30, 2026 | | 100,285,443 | | $10 | | 13,296,930 | | $(57,304) | | $157,112 | | $(3,014) | | $273,305 | | $370,109 | | $(322) | | $369,787 | ||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Net loss | | — | | | — | | — | | | — | | | — | | | — | | | (9,208) | | | (9,208) | | | 24 | | | (9,184) |
| Stock-based compensation, net | | 2,045 | | | — | | — | | | — | | | 2,027 | | | — | | | — | | | 2,027 | | | — | | | 2,027 |
| Tax withholdings related to net share settlement of equity awards | | — | | | — | | — | | | — | | | (15) | | | — | | | — | | | (15) | | | — | | | (15) |
| Cumulative translation adjustment | | — | | | — | | — | | | — | | | — | | | 199 | | | — | | | 199 | | | — | | | 199 |
| Distributions | | — | | | — | | — | | | — | | | — | | | — | | | — | | | — | | | (72) | | | (72) |
| Repurchase of Common Stock | | (1,693,599) | | | — | | 1,693,599 | | | (30,300) | | | — | | | — | | | — | | | (30,300) | | | — | | | (30,300) |
| Balances at September 30, 2026 | | 98,593,889 | | $10 | | 14,990,529 | | $(87,604) | | $159,124 | | $(2,815) | | $264,097 | | $332,812 | | $(370) | | $332,442 | ||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.