Target Hospitality Corp. 1Q 2026: Revenue $72.8M, EPS $(0.13) — 10-Q Summary

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2026.05.11 18:11
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Target Hospitality Corp. reported Q1 2026 revenue of $72.8M, a 4% increase from $69.9M in Q1 2025. The company experienced a net loss of $(12.9) M, with diluted EPS at $(0.13), worsening from $(6.5) M and $(0.07) respectively in the previous year. Growth was driven by the Workforce Housing & Services segment, with significant multi-year contracts secured, including a $550M Data Center Hub contract. Workforce Housing construction is nearing completion, transitioning to services and initial occupancies.