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Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) 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 $47.3M, roughly 1.6× Mama's Creations, Inc.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -20.3%, a 21.5% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 22.0%). Over the past eight quarters, Mama's Creations, Inc.'s revenue compounded faster (33.0% CAGR vs 0.7%).

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

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.

MAMA vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.6× larger
TH
$73.5M
$47.3M
MAMA
Growing faster (revenue YoY)
MAMA
MAMA
+28.0% gap
MAMA
50.0%
22.0%
TH
Higher net margin
MAMA
MAMA
21.5% more per $
MAMA
1.1%
-20.3%
TH
Faster 2-yr revenue CAGR
MAMA
MAMA
Annualised
MAMA
33.0%
0.7%
TH

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
TH
TH
Revenue
$47.3M
$73.5M
Net Profit
$540.0K
$-14.9M
Gross Margin
23.6%
9.6%
Operating Margin
1.7%
-22.9%
Net Margin
1.1%
-20.3%
Revenue YoY
50.0%
22.0%
Net Profit YoY
31.7%
-219.1%
EPS (diluted)
$0.01
$-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
MAMA
MAMA
TH
TH
Q4 25
$47.3M
$73.5M
Q3 25
$35.2M
$91.6M
Q2 25
$35.3M
$54.9M
Q1 25
$33.6M
$54.9M
Q4 24
$31.5M
$60.2M
Q3 24
$28.4M
$65.8M
Q2 24
$29.8M
$67.5M
Q1 24
$26.7M
$72.4M
Net Profit
MAMA
MAMA
TH
TH
Q4 25
$540.0K
$-14.9M
Q3 25
$1.3M
$-795.0K
Q2 25
$1.2M
$-14.9M
Q1 25
$1.6M
$-6.5M
Q4 24
$410.0K
$12.5M
Q3 24
$1.1M
$20.0M
Q2 24
$553.0K
$18.4M
Q1 24
$1.4M
$20.4M
Gross Margin
MAMA
MAMA
TH
TH
Q4 25
23.6%
9.6%
Q3 25
24.9%
19.6%
Q2 25
26.1%
-0.6%
Q1 25
27.0%
32.7%
Q4 24
22.6%
61.5%
Q3 24
24.2%
68.7%
Q2 24
25.0%
69.4%
Q1 24
29.3%
67.8%
Operating Margin
MAMA
MAMA
TH
TH
Q4 25
1.7%
-22.9%
Q3 25
4.8%
0.1%
Q2 25
4.5%
-30.8%
Q1 25
5.7%
-2.0%
Q4 24
1.8%
34.5%
Q3 24
5.7%
42.5%
Q2 24
2.6%
43.8%
Q1 24
7.4%
42.0%
Net Margin
MAMA
MAMA
TH
TH
Q4 25
1.1%
-20.3%
Q3 25
3.6%
-0.9%
Q2 25
3.5%
-27.2%
Q1 25
4.8%
-11.8%
Q4 24
1.3%
20.8%
Q3 24
4.0%
30.4%
Q2 24
1.9%
27.2%
Q1 24
5.3%
28.2%
EPS (diluted)
MAMA
MAMA
TH
TH
Q4 25
$0.01
$-0.14
Q3 25
$0.03
$-0.01
Q2 25
$0.03
$-0.15
Q1 25
$0.04
$-0.07
Q4 24
$0.01
$0.12
Q3 24
$0.03
$0.20
Q2 24
$0.01
$0.18
Q1 24
$0.03
$0.20

Balance Sheet & Financial Strength

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

Metric
MAMA
MAMA
TH
TH
Cash + ST InvestmentsLiquidity on hand
$18.1M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$49.6M
$389.3M
Total Assets
$84.0M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
TH
TH
Q4 25
$18.1M
$8.3M
Q3 25
$9.4M
$30.4M
Q2 25
$12.0M
$19.2M
Q1 25
$7.2M
$34.5M
Q4 24
$9.3M
$190.7M
Q3 24
$7.4M
$177.7M
Q2 24
$13.0M
$154.3M
Q1 24
$11.0M
$124.3M
Total Debt
MAMA
MAMA
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
MAMA
MAMA
TH
TH
Q4 25
$49.6M
$389.3M
Q3 25
$29.6M
$402.4M
Q2 25
$26.4M
$401.3M
Q1 25
$24.9M
$415.3M
Q4 24
$23.0M
$421.1M
Q3 24
$22.3M
$417.6M
Q2 24
$20.3M
$397.2M
Q1 24
$19.6M
$375.5M
Total Assets
MAMA
MAMA
TH
TH
Q4 25
$84.0M
$530.2M
Q3 25
$51.2M
$541.2M
Q2 25
$52.7M
$533.7M
Q1 25
$47.1M
$562.5M
Q4 24
$47.9M
$725.8M
Q3 24
$43.0M
$709.8M
Q2 24
$47.2M
$697.0M
Q1 24
$45.1M
$687.2M
Debt / Equity
MAMA
MAMA
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
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
MAMA
MAMA
TH
TH
Operating Cash FlowLast quarter
$3.9M
$5.7M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
TH
TH
Q4 25
$3.9M
$5.7M
Q3 25
$-1.7M
$53.4M
Q2 25
$6.0M
$11.1M
Q1 25
$-857.0K
$3.9M
Q4 24
$4.8M
$30.6M
Q3 24
$-2.4M
$31.4M
Q2 24
$3.6M
$39.1M
Q1 24
$6.7M
$50.6M
Free Cash Flow
MAMA
MAMA
TH
TH
Q4 25
$3.7M
Q3 25
$-2.2M
Q2 25
$5.5M
Q1 25
$-930.0K
$-11.6M
Q4 24
$2.5M
Q3 24
$-4.0M
Q2 24
$2.5M
Q1 24
$6.6M
FCF Margin
MAMA
MAMA
TH
TH
Q4 25
7.8%
Q3 25
-6.2%
Q2 25
15.5%
Q1 25
-2.8%
-21.1%
Q4 24
8.0%
Q3 24
-14.1%
Q2 24
8.4%
Q1 24
24.8%
Capex Intensity
MAMA
MAMA
TH
TH
Q4 25
0.4%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
0.2%
28.2%
Q4 24
7.2%
Q3 24
5.6%
Q2 24
3.8%
Q1 24
0.4%
Cash Conversion
MAMA
MAMA
TH
TH
Q4 25
7.16×
Q3 25
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
2.44×
Q3 24
-2.10×
1.57×
Q2 24
6.58×
2.13×
Q1 24
4.79×
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAMA
MAMA

Segment breakdown not available.

TH
TH

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

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