Short answer
Target Hospitality Corp. (TH) filed an 8-K current report with the SEC on August 10, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Target Hospitality reported second-quarter 2026 results on August 10, 2026.
Target Hospitality Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Target Hospitality reported second-quarter 2026 results on August 10, 2026
- Investor call and webcast scheduled for August 10, 2026, at 8:00 a.m. CT
- Financial details and management commentary available in Exhibit 99.1
- Forward-looking statements subject to stated cautionary disclosures
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $85.5M, up 39% YoY; Adjusted EBITDA $18.2M, up 420%, signaling substantial operating leverage
- WHS revenue $36.3M versus $15.0M, driven by contracted-bed ramp-up and services transitioning from construction
- Since January, over $1.4B in multi-year awards covering more than 9,000 beds; pipeline exceeds 20,000 additional beds
- Raised 2026 outlook to $410–$420M revenue and $85–$95M Adjusted EBITDA, with $490–$510M capital expenditures
- New $660M ABL facility matures July 2031, replacing $175M facility and improving liquidity flexibility while net leverage stood at 0.6x
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