Security
Target Hospitality Corp. Warrant expiring 3/15/2024 · THWWW
THWWWNASDAQWarrantHistorical · closed Mar 18, 2024CIK 1712189Updated Oct 3, 2026
Name history
Platinum Eagle Acquisition Corp. · through Mar 15, 2019
Current security for this SEC filerTH · NASDAQ
THWWW price & chart
Historical security
This listing closed Mar 18, 2024. Live provider charts are shown only for current listings.
Current security: TH
About the company
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.
In the news
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Recent filings
4 filing
4/A filing
4/A filing
SCHEDULE 13D/A - filed by TDR Capital II Investments LP regarding Target Hospitality Corp.
Other Events
Items 8.01, 9.01
Show 5 more recent filings
424B7 filing
424B7 filing
Regulation FD Disclosure
Items 7.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 530,205,000Source | 725,774,000Source | 694,353,000Source | 771,727,000Source |
| Property, Plant and Equipment, NetUSD | — | 320,852,000Source | 349,064,000Source | 357,129,000Source |
| GoodwillUSD | 41,038,000Source | 41,038,000Source | 41,038,000Source | 41,038,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 39,332,000Source | 52,807,000Source | 66,282,000Source | 75,182,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,348,000Source | 190,668,000Source | 103,929,000Source | 181,673,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 56,200,000Source | 49,342,000Source | 67,092,000Source | 42,153,000Source |
| Inventory, NetUSD | 2,100,000Source | 1,900,000Source | 2,100,000Source | 2,000,000Source |
| Assets, CurrentUSD | 73,338,000Source | 249,336,000Source | 180,500,000Source | 236,379,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,790,000Source | 9,326,000Source | 9,479,000Source | 12,553,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,544,000Source | 24,935,000Source | 19,698,000Source | 27,298,000Source |
| Other Assets, NoncurrentUSD | — | — | 661,000Source | 1,907,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 141,145,000Source | 304,684,000Source | 317,046,000Source | 570,880,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 10,000Source | 10,000Source | 10,000Source | 10,000Source |
| Additional Paid in CapitalUSD | 154,090,000Source | 148,780,000Source | 142,379,000Source | 139,287,000Source |
| Retained Earnings (Accumulated Deficit)USD | 295,259,000Source | 332,380,000Source | 261,115,000Source | 87,683,000Source |
| Stockholders' Equity Attributable to ParentUSD | 389,257,000Source | 421,081,000Source | 377,307,000Source | 200,847,000Source |
| Liabilities and EquityUSD | 530,205,000Source | 725,774,000Source | 694,353,000Source | 771,727,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 84,043,000Source | 233,404,000Source | 70,330,000Source | 190,896,000Source |
| Operating Lease, Liability, CurrentUSD | 5,807,000Source | 8,548,000Source | 11,914,000Source | 12,516,000Source |
| Accounts Payable, CurrentUSD | 44,393,000Source | 16,187,000Source | 20,926,000Source | 17,563,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,128,000Source | 17,459,000Source | 8,426,000Source | 11,104,000Source |
| Deferred Income Tax Liabilities, NetUSD | 42,312,000Source | 49,271,000Source | 53,074,000Source | 15,172,000Source |
| Other Liabilities, NoncurrentUSD | — | — | — | 6,309,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -197,000Source | 9,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 22,475,000Source | 25,782,000Source | 33,652,000Source | 39,642,000Source |
| Deferred Revenue, CurrentUSD | 9,282,000Source | 699,000Source | 1,794,000Source | 120,040,000Source |
| Deferred Revenue, NoncurrentUSD | 9,292,000Source | 536,000Source | 3,675,000Source | 5,479,000Source |
| Deferred Tax Liabilities, NetUSD | 42,312,000Source | 49,271,000Source | 53,074,000Source | 15,172,000Source |
| Long-term Debt, Current MaturitiesUSD | — | 180,328,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 178,093,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -37,077,000Source | 71,407,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,552,000Source | 7,306,000Source | 11,174,000Source | 19,242,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 7,512,000Source | -17,599,000Source | 25,800,000Source | 13,692,000Source |
| Deferred Income Tax Expense (Benefit)USD | -6,959,000Source | -3,803,000Source | 37,902,000Source | 29,882,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 74,092,000Source | 151,675,000Source | 156,801,000Source | 305,612,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -67,790,000Source | -28,842,000Source | -68,180,000Source | -140,228,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 2,242,000Source | 2,661,000Source | 6,818,000Source | 121,000Source |
| Payments for Repurchase of Common StockUSD | — | 33,496,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -188,641,000Source | -36,064,000Source | -166,369,000Source | -7,098,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -182,320,000Source | 86,739,000Source | -77,744,000Source | 158,267,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,348,000Source | 190,668,000Source | 103,929,000Source | 181,673,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 12,984,000Source | 17,975,000Source | 29,273,000Source | 32,653,000Source |
| Income Taxes Paid, NetUSD | 2,818,000Source | 28,771,000Source | 5,973,000Source | 4,865,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 19,000Source | -30,000Source | 4,000Source | -19,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 736,000Source | 1,098,000Source | 2,881,000Source | 4,689,000Source |
| Amortization of Intangible AssetsUSD | 13,475,000Source | 13,475,000Source | 13,447,000Source | 13,302,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 100,000Source | 100,000Source | 200,000Source | 168,000Source |
| DepreciationUSD | 59,911,000Source | 59,331,000Source | 70,530,000Source | 54,363,000Source |
| Other Depreciation and Amortization | — | — | — | — |
| Gain (Loss) on Disposition of AssetsUSD | -13,000Source | 322,000Source | -137,000Source | 101,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -2,370,000Source | 0Source | -2,279,000Source | — |
| GoodwillUSD | 41,038,000Source | 41,038,000Source | 41,038,000Source | 41,038,000Source |
| Income Tax Expense (Benefit)USD | -6,126,000Source | 21,430,000Source | 51,050,000Source | 32,370,000Source |
| Net Income (Loss) Attributable to ParentUSD | -37,121,000Source | 71,265,000Source | 173,700,000Source | 73,939,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 44,000Source | 142,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -37,121,000Source | 71,265,000Source | 173,700,000Source | 73,939,000Source |
| Operating Lease, ExpenseUSD | 9,075,000Source | 10,060,000Source | 17,797,000Source | 10,782,000Source |
| Operating Lease, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Operating Lease, Lease IncomeUSD | 45,800,000Source | 120,400,000Source | 198,000,000Source | 168,300,000Source |
| Other Operating Income (Expense), NetUSD | -2,694,000Source | 502,000Source | -1,241,000Source | -36,000Source |
| Payments of Financing CostsUSD | 535,000Source | — | 5,194,000Source | — |
| Proceeds from Stock Options ExercisedUSD | — | 1,850,000Source | 1,396,000Source | 225,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 274,828,000Source | 265,912,000Source | 365,627,000Source | 333,700,000Source |
| Selling, General and Administrative ExpenseUSD | 58,508,000Source | 54,258,000Source | 56,126,000Source | 57,893,000Source |
| Operating Income (Loss)USD | -34,747,000Source | 108,781,000Source | 240,606,000Source | 174,367,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -43,203,000Source | 92,837,000Source | 224,750,000Source | 106,309,000Source |
| Income Tax Expense (Benefit)USD | -6,126,000Source | 21,430,000Source | 51,050,000Source | 32,370,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 44,000Source | 142,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -37,121,000Source | 71,265,000Source | 173,700,000Source | 73,939,000Source |
| Earnings Per Share, BasicUSD per share | -0.37Source | 0.71Source | 1.71Source | 0.76Source |
| Earnings Per Share, DilutedUSD per share | -0.37Source | 0.7Source | 1.56Source | 0.74Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 99,520,649Source | 100,135,249Source | 101,350,910Source | 97,213,166Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 99,520,649Source | 101,434,754Source | 105,319,405Source | 100,057,748Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 13,475,000Source | 13,475,000Source | 13,447,000Source | 13,302,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 73,386,000Source | 72,806,000Source | 83,977,000Source | 67,665,000Source |
| Gross ProfitUSD | 42,659,000Source | 178,179,000Source | 313,324,000Source | 247,128,000Source |
| Interest Income (Expense), NetUSD | -6,086,000Source | -16,619,000Source | -22,639,000Source | -36,323,000Source |
| Interest Income, OperatingUSD | 2,332,000Source | 6,698,000Source | 4,139,000Source | 1,546,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -37,121,000Source | 71,265,000Source | 173,700,000Source | 73,939,000Source |
| Operating Lease, ExpenseUSD | 9,075,000Source | 10,060,000Source | 17,797,000Source | 10,782,000Source |
| Operating Lease, Lease IncomeUSD | 45,800,000Source | 120,400,000Source | 198,000,000Source | 168,300,000Source |
| Other Operating Income (Expense), NetUSD | -2,694,000Source | 502,000Source | -1,241,000Source | -36,000Source |
Filing attachments
tm2623414d2_ex99-1.htm · 8-K · 2026-09-09
EX-99.1 3 tm2623414d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Target Hospitality Announces Launch of Secondary Offering and Concurrent Stock Repurchase THE WOODLANDS, Texas, September 8, 2026 - Target Hospitality Corp. (“Target Hospitality” or the “Company”) (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the launch of an underwritten, secondary offering (the “Offering”) of 12,000,000 …
Read attachment ↗tm2623414d2_ex99-2.htm · 8-K · 2026-09-09
EX-99.2 4 tm2623414d2_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Target Hospitality Announces Pricing of Upsized Secondary Offering and Concurrent Stock Repurchase THE WOODLANDS, Texas, September 8, 2026 - Target Hospitality Corp. (“Target Hospitality” or the “Company”) (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced the pricing of an upsized underwritten, secondary offering (the “Offerin…
Read attachment ↗tm2624024d1_ex99-1.htm · 8-K · 2026-08-26
EX-99.1 2 tm2624024d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Target Hospitality Secures New Multi-Year Contract Expected to Generate Approximately $250 Million of Revenue to Support a Top-Five Hyperscaler Data Center Project Raises Full-Year 2026 Revenue and Adjusted EBITDA(1) Outlook at the Midpoint by 6% and 22%, Respectively THE WOODLANDS, Texas, August 26, 2026 (PRNewswire) - Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's …
Read attachment ↗th-20260810xex99d1.htm · 8-K · 2026-08-10
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 EBIT…
Read attachment ↗tm2621747d1_ex99-1.htm · 8-K · 2026-08-05
EX-99.1 2 tm2621747d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Target Hospitality Appoints Two Independent Directors, Adding Strategic Expertise to Support Growth Initiatives THE WOODLANDS, Texas, August 05, 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 announced the appointment of Margaret (Peggy) Sm…
Read attachment ↗tm2621294d1_ex99-1.htm · 8-K · 2026-07-27
EX-99.1 3 tm2621294d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Target Hospitality Announces New $660 Million Credit Facility, Significantly Expanding Liquidity and Lowering Cost of Capital to Support Strategic Growth THE WOODLANDS, Texas, July 27, 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 announce…
Read attachment ↗