---
title: "Target Hospitality Corp. 1Q 2026: Revenue $72.8M, EPS $(0.13) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285981171.md"
description: "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."
datetime: "2026-05-11T18:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285981171.md)
  - [en](https://longbridge.com/en/news/285981171.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285981171.md)
---

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

Target Hospitality Corp. reported first-quarter 2026 results with revenue of $72.8M, up 4% from $69.9M a year earlier, while the company recorded a net loss attributable to common stockholders of $(12.9) M and diluted EPS of $(0.13).

**Financial Highlights**

-   Revenue: $72.8M for Q1 2026, compared with $69.9M in Q1 2025; YoY change 4%.
-   Net income: Net loss attributable to common stockholders $(12.9) M for Q1 2026, versus net loss $(6.5) M in Q1 2025 (worse YoY).
-   Diluted EPS: $(0.13) for Q1 2026, versus $(0.07) for Q1 2025 (decline YoY).

**Business Highlights**

-   Total revenue growth of 4% was driven by expansion in the Workforce Housing & Services (WHS) segment and increased specialty rental income.
-   Revenue mix shifted from Government to WHS after termination of the PCC contract and ramp-up of multiple WHS contracts.
-   Secured large multi-year WHS wins, including a Data Center Hub contract with approximately $550M minimum revenue and a West Texas Power contract around $129M.
-   WHS expansion added new communities and mobilized assets across a 29-community network, with major mobilizations occurring in Q1 2026.
-   Workforce Housing construction is substantially complete, with transition to services and initial occupancies underway.

Original SEC Filing: Target Hospitality Corp. \[ TH \] - 10-Q - May. 11, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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