Monitor full Q1 results for confirmation of margin pressures and pace of ramp-up in new Workforce Hospitality Solutions contracts; near-term EBITDA compression expected despite revenue stability.
Price Chart
Executive Summary
Target Hospitality issued a preliminary earnings release for Q1 2026, estimating revenue between $70.5M and $72.5M and Adjusted EBITDA between $8.0M and $9.0M, compared to $69.9M revenue and $21.6M Adjusted EBITDA in the prior year period. The decline is driven by the loss of the Pecos Children's Center contract, partially offset by new workforce housing wins.
Key Financial Metrics
Key Facts
- Preliminary Q1 2026 revenue estimated at $70.5M–$72.5M vs. $69.9M in Q1 2025
- Preliminary Q1 2026 Adjusted EBITDA estimated at $8.0M–$9.0M vs. $21.6M in Q1 2025
- Net loss estimated at $14.7M–$14.1M vs. $6.5M loss in Q1 2025
- Decline primarily due to termination of the Pecos Children's Center contract in February 2025
Financial Impact
Revenue flat to slightly up, but EBITDA down ~60% YoY due to contract loss and higher operating costs
Risk Factors
- Continued margin compression from construction-phase costs in new WHS contracts
- Reliance on large government and infrastructure projects with execution risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-046031 |
| Document: 0001104659-26-046031-index-headers.html | 0001104659-26-046031 |
| Document: 0001104659-26-046031-index.html | 0001104659-26-046031 |
| Document: 0001104659-26-046031.txt | 0001104659-26-046031 |
| 8-K Data (Synthetic) | 0001104659-26-046031 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | SC 13D/A | $14.09 | awaiting T+1 | — | $14.06 (+0.21%) |
Oct 5, 2026 21d ago | SC 13D/A | $18.54 $18.26 | ▲ +1.51% | ▲ +1.27% | $14.06 (+24.16%) |
Sep 18, 2026 5w ago | Insider Cluster | $21.28 $21.19 | ▼ −0.42% | ▼ −0.41% | $14.06 (−33.93%) |
Sep 1, 2026 7w ago | 8-K | $18.07 $18.39 | ▲ +1.77% | ▲ +1.33% | $14.06 (−22.19%) |
Aug 26, 2026 8w ago | 8-K | $16.78 $18.96 | ▲ +12.99% | ▲ +12.34% | $14.06 (−16.21%) |
Aug 10, 2026 11w ago | 8-K | $16.07 $16.62 | ▲ +3.42% | ▲ +3.74% | $14.06 (−12.51%) |
Aug 5, 2026 11w ago | 8-K | $15.76 $16.00 | ▲ +1.52% | ▲ +1.68% | $14.06 (−10.79%) |
Aug 3, 2026 12w ago | Press Release | $15.79 $15.99 | ▲ +1.27% | ▼ −0.54% | $14.06 (−10.96%) |
May 28, 2026 21w ago | 8-K | $17.36 $17.17 | ▲ +1.09% | ▲ +1.35% | $14.06 (+19.01%) |
May 11, 2026 24w ago | 8-K | $18.08 $17.48 | ▼ −3.32% | ▼ −3.18% | $14.06 (−22.23%) |
US Market Status
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