Target Hospitality Q2 FY26 adjusted EBITDA climbs to $18.22 million; revenue rises 39% to $85.46 million

• Target Hospitality posted Q2 revenue of $85.5 million, up 39% year over year, while net loss narrowed to $9 million.
• Loss per share improved to $0.09; non-GAAP adjusted EBITDA jumped to $18.2 million, driven by growth in Workforce Hospitality Solutions.
• Year-to-date net cash provided by operating activities reached $111 million, with discretionary cash flow of $108.2 million on higher customer advance payments.
• Since January 2026, secured more than $1.4 billion of multi-year contract awards covering over 9,000 beds; pipeline exceeds 20,000 potential beds.
• Raised full-year outlook to revenue of $410 million-$420 million, non-GAAP adjusted EBITDA of $85 million-$95 million, capital expenditures of $490 million-$510 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Target Hospitality Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608100645PR_NEWS_USPR_____DA21760) on August 10, 2026, and is solely responsible for the information contained therein.