Target Hospitality

Target Hospitality Q3 Revenue Jumps 30% on $1.7B Contract Wins

The Woodlands – November 10, 2026 -- Target Hospitality Corp. (NASDAQ: TH) reported third-quarter revenue of $129.1 million, up 30% from $99.4 million a year earlier and 51% from the prior quarter, as its Workforce Hospitality Solutions (WHS) segment scaled to more than 6,200 utilized beds.

Adjusted EBITDA rose 59% to $34.2 million from $21.5 million, and margin widened roughly 480 basis points to 27%. The company still posted a net loss of $9.2 million, or $0.09 per share.

Contract awards top $1.7 billion since January

Since January 2026, Target has won multi-year awards worth more than $1.7 billion covering over 10,000 beds. Customers span large-scale industrial projects, including AI data centers and power generation. The contracts carry minimum take-or-pay commitments and, in many cases, significant advance payments.

Several recent WHS awards have been expanded, lifting total contract value by more than 10% over initial terms.

Target Hospitality to Report Q3 2026 Results on November 9

THE WOODLANDS – November 02, 2026 -- Target Hospitality Corp. (NASDAQ: TH) will release its third quarter 2026 financial results before the market opens on Monday, November 9, 2026, and will discuss them on a conference call the same morning.

Target Hospitality schedules its call for 9:00 am ET on November 9

The call begins at 9:00 am Eastern Time (8:00 am Central Time). Target Hospitality describes itself as one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services.

Webcast and replay run through the company's investor site

A live webcast will be available through the Investors section of the company's website. Participants can also dial in through an operator-assisted domestic line or a direct-dial option that connects them to the call immediately.