secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2026-08-10T11:02:53+00:00
Accession:  0001104659-26-093011
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality Q2 revenue +39% to $85.5M, raises FY26 outlook
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- Revenue $85.5M, up 39% YoY; net loss $9.0M ($0.09 loss/share) vs $14.9M loss prior year.
- Adjusted EBITDA $18.2M, up >5x from $3.5M; driven by Workforce Hospitality Solutions growth.
- Raised FY2026 revenue guidance to $410-420M (up 11%) and adjusted EBITDA to $85-95M (up 13%).
- Since Jan 2026 secured $1.4B in multi-year contract awards, >9,000 beds; new $660M ABL facility closed July 24.
- Expects annualized revenue >$700M and adjusted EBITDA >$260M exiting 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000110465926093011/0001104659-26-093011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000110465926093011/th-20260810x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-093011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer