v3.26.1
Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Revenue $ 54,698 $ 54,890 $ 110,903 $ 109,792
Total revenue 85,455 61,606 158,236 131,503
Costs:        
Depreciation of specialty rental assets 17,418 13,584 32,993 27,256
Gross profit 15,797 (328) 22,680 17,636
Selling, general and administrative 18,753 12,664 33,310 27,469
Other depreciation and amortization 4,120 4,082 8,141 8,055
Other expense (income), net 420 (156) 3,048 106
Operating loss (7,496) (16,918) (21,819) (17,994)
Loss on extinguishment of debt       2,370
Interest expense, net 1,012 937 1,904 5,266
Loss before income tax (8,508) (17,855) (23,723) (25,630)
Income tax expense (benefit) 473 (2,937) (1,780) (4,253)
Net loss (8,981) (14,918) (21,943) (21,377)
Less: Net income attributable to the noncontrolling interest 54 13 11 15
Net loss attributable to Target Hospitality Corp. common stockholders (9,035) (14,931) (21,954) (21,392)
Other comprehensive income (loss)        
Foreign currency translation (190) 21 (216) 17
Comprehensive loss $ (9,171) $ (14,897) $ (22,159) $ (21,360)
Two Class Method:        
Weighted average number shares outstanding - basic (in shares) 100,214,415 99,396,381 100,073,385 99,254,946
Weighted average number shares outstanding - diluted (in shares) 100,214,415 99,396,381 100,073,385 99,254,946
Net loss per share attributable to Target Hospitality Corp. common stockholders - basic (in dollars per share) $ (0.09) $ (0.15) $ (0.22) $ (0.22)
Net loss per share attributable to Target Hospitality Corp. common stockholders - diluted (in dollars per share) $ (0.09) $ (0.15) $ (0.22) $ (0.22)
Services income        
Revenue:        
Revenue $ 51,828 $ 40,467 $ 98,339 $ 90,574
Costs:        
Costs 47,583 45,561 94,321 81,329
Specialty rental income        
Revenue:        
Specialty rental income 30,757 6,716 47,333 21,711
Costs:        
Costs 4,657 2,789 8,242 5,282
Construction fee income        
Revenue:        
Revenue $ 2,870 $ 14,423 $ 12,564 $ 19,218