Target Hospitality Corp.

For the period ended Sep 30, 2026. Filed Nov 9, 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.

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.

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Contents

Unaudited Consolidated Statements of Comprehensive Loss

($ in thousands, except per share amounts)


· · For the Three Months Ended · · For the Nine Months Ended
· · September 30, · · September 30,
· · 2026 · · 2025 · · 2026 · · 2025
Revenue: · · · · · · · · · · ·
Services income	$63,280	$56,010	$161,618	$146,584
Specialty rental income	64,860	7,784	112,193	29,496
Construction fee income	923	35,561	13,487	54,778
Total revenue	129,063	99,355	287,298	230,858
Costs:
Services and construction costs	51,111	64,051	145,432	145,380
Specialty rental	27,121	2,988	35,363	8,270
Depreciation of specialty rental assets	21,320	14,371	54,313	41,627
Gross profit	29,511	17,945	52,190	35,581
Selling, general and administrative	19,307	12,918	52,616	40,387
Other depreciation and amortization	3,972	4,093	12,113	12,148
Other expense, net	3,262	865	6,310	970
Operating income (loss)	2,970	69	(18,849)	(17,924)
Loss on extinguishment of debt	983	—	983	2,370
Interest expense, net	3,162	458	5,067	5,724
Loss before income tax	(1,175)	(389)	(24,899)	(26,018)
Income tax expense (benefit)	8,009	368	6,228	(3,884)
Net loss	(9,184)	(757)	(31,127)	(22,134)
Less: Net income attributable to the noncontrolling interest	24	38	35	53
Net loss attributable to Target Hospitality Corp. common stockholders	(9,208)	(795)	(31,162)	(22,187)

Other comprehensive income (loss)
Foreign currency translation	199	(26)	(17)	(9)
Comprehensive loss	$(8,985)	$(783)	$(31,144)	$(22,143)


Weighted average number of shares outstanding - basic and diluted	99,899,726	99,778,834	100,014,863	99,431,460

Net loss per share attributable to Target Hospitality Corp. common stockholders - basic and diluted	$(0.09)	$(0.01)	$(0.31)	$(0.22)

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.