Target Hospitality Q2 2026: Revenue +39% to $85.5M, net loss narrows 40% on AI/power contracts

Filed August 10, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  $1.4B+ in new AI infrastructure and power-generation contracts signed in H1 2026, supporting ~9,000 workers over 26-60 month terms; WHS segment revenue +62% YoY as construction phase transitions to higher-margin hospitality operations.

  MD&A: AI infrastructure contracts verify on EDGAR →
• high

  Operating cash flow surged from $15M to $111M (+640%); deferred revenue balance rose from $19M to $122M.

  MD&A: Operating cash flow verify on EDGAR →
• high

  specialty rental assets +37% YoY to $435M.

  Notes: Specialty rental income verify on EDGAR →