Target Hospitality Q1 FY26 net loss widens to $13 million; revenue rises to $72.8 million

Target Hospitality Corp.

Target Hospitality Corp.

TH

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  • Target Hospitality posted first-quarter revenue of USD 72.8 million, while net loss widened to USD 13 million, or USD 0.13 per share.
  • Adjusted EBITDA fell to USD 9.9 million; operating cash flow rose to USD 7 million.
  • Announced a 48-month AI infrastructure contract expected to generate more than USD 750 million of revenue, supporting accommodations for about 3,370 individuals.
  • Forecast full-year revenue of USD 370 million to USD 380 million, adjusted EBITDA of USD 75 million to USD 85 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Hospitality Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605110645PR_NEWS_USPR_____DA55643) on May 11, 2026, and is solely responsible for the information contained therein.