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Side-by-side financial comparison of LAKELAND INDUSTRIES INC (LAKE) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $47.6M, roughly 1.5× LAKELAND INDUSTRIES INC). Target Hospitality Corp. runs the higher net margin — -20.3% vs -33.5%, a 13.2% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 4.0%). Over the past eight quarters, LAKELAND INDUSTRIES INC's revenue compounded faster (23.4% CAGR vs 0.7%).

Lakeland Limited is a chain of British kitchenware stores in the United Kingdom. It is still based where it was founded in Windermere in the Lake District, the area the company is named after.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

LAKE vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.5× larger
TH
$73.5M
$47.6M
LAKE
Growing faster (revenue YoY)
TH
TH
+18.0% gap
TH
22.0%
4.0%
LAKE
Higher net margin
TH
TH
13.2% more per $
TH
-20.3%
-33.5%
LAKE
Faster 2-yr revenue CAGR
LAKE
LAKE
Annualised
LAKE
23.4%
0.7%
TH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LAKE
LAKE
TH
TH
Revenue
$47.6M
$73.5M
Net Profit
$-16.0M
$-14.9M
Gross Margin
29.7%
9.6%
Operating Margin
-3.4%
-22.9%
Net Margin
-33.5%
-20.3%
Revenue YoY
4.0%
22.0%
Net Profit YoY
-18652.3%
-219.1%
EPS (diluted)
$-1.64
$-0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LAKE
LAKE
TH
TH
Q4 25
$47.6M
$73.5M
Q3 25
$52.5M
$91.6M
Q2 25
$46.7M
$54.9M
Q1 25
$46.6M
$54.9M
Q4 24
$45.8M
$60.2M
Q3 24
$38.5M
$65.8M
Q2 24
$36.3M
$67.5M
Q1 24
$31.2M
$72.4M
Net Profit
LAKE
LAKE
TH
TH
Q4 25
$-16.0M
$-14.9M
Q3 25
$766.0K
$-795.0K
Q2 25
$-3.9M
$-14.9M
Q1 25
$-18.4M
$-6.5M
Q4 24
$86.0K
$12.5M
Q3 24
$-1.4M
$20.0M
Q2 24
$1.7M
$18.4M
Q1 24
$-978.0K
$20.4M
Gross Margin
LAKE
LAKE
TH
TH
Q4 25
29.7%
9.6%
Q3 25
35.8%
19.6%
Q2 25
33.5%
-0.6%
Q1 25
40.1%
32.7%
Q4 24
40.6%
61.5%
Q3 24
39.6%
68.7%
Q2 24
44.6%
69.4%
Q1 24
35.9%
67.8%
Operating Margin
LAKE
LAKE
TH
TH
Q4 25
-3.4%
-22.9%
Q3 25
-7.7%
0.1%
Q2 25
-9.9%
-30.8%
Q1 25
-22.9%
-2.0%
Q4 24
1.8%
34.5%
Q3 24
-4.1%
42.5%
Q2 24
6.1%
43.8%
Q1 24
-10.6%
42.0%
Net Margin
LAKE
LAKE
TH
TH
Q4 25
-33.5%
-20.3%
Q3 25
1.5%
-0.9%
Q2 25
-8.4%
-27.2%
Q1 25
-39.5%
-11.8%
Q4 24
0.2%
20.8%
Q3 24
-3.6%
30.4%
Q2 24
4.6%
27.2%
Q1 24
-3.1%
28.2%
EPS (diluted)
LAKE
LAKE
TH
TH
Q4 25
$-1.64
$-0.14
Q3 25
$0.08
$-0.01
Q2 25
$-0.41
$-0.15
Q1 25
$-2.47
$-0.07
Q4 24
$0.01
$0.12
Q3 24
$-0.19
$0.20
Q2 24
$0.22
$0.18
Q1 24
$-0.12
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LAKE
LAKE
TH
TH
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$134.5M
$389.3M
Total Assets
$220.7M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAKE
LAKE
TH
TH
Q4 25
$8.3M
Q3 25
$30.4M
Q2 25
$19.2M
Q1 25
$34.5M
Q4 24
$190.7M
Q3 24
$177.7M
Q2 24
$154.3M
Q1 24
$27.4M
$124.3M
Total Debt
LAKE
LAKE
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$16.4M
$42.9M
Q4 24
$1.5M
Q3 24
$2.9M
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
LAKE
LAKE
TH
TH
Q4 25
$134.5M
$389.3M
Q3 25
$147.3M
$402.4M
Q2 25
$143.4M
$401.3M
Q1 25
$146.6M
$415.3M
Q4 24
$124.7M
$421.1M
Q3 24
$124.7M
$417.6M
Q2 24
$125.1M
$397.2M
Q1 24
$123.5M
$375.5M
Total Assets
LAKE
LAKE
TH
TH
Q4 25
$220.7M
$530.2M
Q3 25
$226.3M
$541.2M
Q2 25
$218.1M
$533.7M
Q1 25
$212.5M
$562.5M
Q4 24
$201.2M
$725.8M
Q3 24
$198.4M
$709.8M
Q2 24
$171.5M
$697.0M
Q1 24
$153.7M
$687.2M
Debt / Equity
LAKE
LAKE
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.11×
0.10×
Q4 24
0.00×
Q3 24
0.02×
0.00×
Q2 24
0.00×
Q1 24
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LAKE
LAKE
TH
TH
Operating Cash FlowLast quarter
$-7.9M
$5.7M
Free Cash FlowOCF − Capex
$-9.3M
FCF MarginFCF / Revenue
-19.5%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAKE
LAKE
TH
TH
Q4 25
$-7.9M
$5.7M
Q3 25
$-4.8M
$53.4M
Q2 25
$-4.8M
$11.1M
Q1 25
$-3.4M
$3.9M
Q4 24
$-8.4M
$30.6M
Q3 24
$-4.3M
$31.4M
Q2 24
$293.0K
$39.1M
Q1 24
$3.2M
$50.6M
Free Cash Flow
LAKE
LAKE
TH
TH
Q4 25
$-9.3M
Q3 25
$-5.7M
Q2 25
$-6.0M
Q1 25
$-3.4M
$-11.6M
Q4 24
$-9.1M
Q3 24
$-4.7M
Q2 24
$-173.0K
Q1 24
$2.6M
FCF Margin
LAKE
LAKE
TH
TH
Q4 25
-19.5%
Q3 25
-10.9%
Q2 25
-12.9%
Q1 25
-7.4%
-21.1%
Q4 24
-19.9%
Q3 24
-12.3%
Q2 24
-0.5%
Q1 24
8.4%
Capex Intensity
LAKE
LAKE
TH
TH
Q4 25
2.8%
Q3 25
1.8%
Q2 25
2.6%
Q1 25
0.1%
28.2%
Q4 24
1.4%
Q3 24
1.0%
Q2 24
1.3%
Q1 24
1.8%
Cash Conversion
LAKE
LAKE
TH
TH
Q4 25
Q3 25
-6.29×
Q2 25
Q1 25
Q4 24
-98.15×
2.44×
Q3 24
1.57×
Q2 24
0.18×
2.13×
Q1 24
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LAKE
LAKE

United State$21.0M44%
Disposables$10.9M23%
Chemical$5.0M11%
Other Foreign$4.3M9%
Other$4.0M8%
High Performance Wear$2.4M5%

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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