EX-99.1 2 th-20260810xex99d1.htm EX-99.1 Exhibit 99.1 Target Hospitality Announces Second Quarter 2026 Results Highlighting Strong Execution on Recent Contract Awards and Sustained Momentum on Strategic Growth Initiatives Since January 2026, secured over $1.4 billion of multi-year contract awards across diversified, high-growth strategic Workforce Hospitality Solutions end markets, supporting improved profitability and strong cash generation Raises Full-Year 2026 Revenue and Adjusted EBITDA(1) Outlook by 11% and 13%, Respectively THE WOODLANDS, Texas, August 10, 2026 (PRNewswire) - Target Hospitality Corp. (“Target Hospitality”, “Target” or the “Company”) (NASDAQ: TH), one of North America’s largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended June 30, 2026. Financial and Operational Highlights for the quarter ended June 30, 2026 Revenue increased 39% to $85.5 million compared to the same period in 2025. Net loss of $9.0 million. Basic and diluted loss per share of $0.09. Adjusted EBITDA(1) increased more than 5x year-over-year to $18.2 million, driven by signif…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Target Hospitality Corp.
THNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 10, 2026, Target Hospitality Corp. (the “Company”) issued a press release announcing its second quarter 2026 financial results. A copy of the Company’s August 10, 2026, press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.…
Company context
Target Hospitality is one of North America’s largest providers of vertically integrated specialty rental modular accommodations and full-service value-added hospitality solutions in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium catering and food services, maintenance, housekeeping, grounds-keeping, concierge, laundry services, logistics, security, recreational facilities services, community management, and community design and construction.