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Side-by-side financial comparison of PLAYSTUDIOS, Inc. (MYPS) 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 $55.4M, roughly 1.3× PLAYSTUDIOS, Inc.). Target Hospitality Corp. runs the higher net margin — -20.3% vs -24.7%, a 4.4% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs -18.3%). Over the past eight quarters, Target Hospitality Corp.'s revenue compounded faster (0.7% CAGR vs -15.6%).
PLAYSTUDIOS, Inc. develops and publishes free-to-play social and casual casino games for mobile, desktop and social platforms. It operates a loyalty rewards program that lets players redeem in-game achievements for real-world benefits including travel, dining and event tickets, serving markets across North America, Europe and Asia Pacific.
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.
MYPS vs TH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.4M | $73.5M |
| Net Profit | $-13.7M | $-14.9M |
| Gross Margin | — | 9.6% |
| Operating Margin | -17.7% | -22.9% |
| Net Margin | -24.7% | -20.3% |
| Revenue YoY | -18.3% | 22.0% |
| Net Profit YoY | 38.9% | -219.1% |
| EPS (diluted) | $-0.12 | $-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.
| Q4 25 | $55.4M | $73.5M | ||
| Q3 25 | $57.6M | $91.6M | ||
| Q2 25 | $59.3M | $54.9M | ||
| Q1 25 | $62.7M | $54.9M | ||
| Q4 24 | $67.8M | $60.2M | ||
| Q3 24 | $71.2M | $65.8M | ||
| Q2 24 | $72.6M | $67.5M | ||
| Q1 24 | $77.8M | $72.4M |
| Q4 25 | $-13.7M | $-14.9M | ||
| Q3 25 | $-9.1M | $-795.0K | ||
| Q2 25 | $-2.9M | $-14.9M | ||
| Q1 25 | $-2.9M | $-6.5M | ||
| Q4 24 | $-22.4M | $12.5M | ||
| Q3 24 | $-3.1M | $20.0M | ||
| Q2 24 | $-2.6M | $18.4M | ||
| Q1 24 | $-567.0K | $20.4M |
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.8% |
| Q4 25 | -17.7% | -22.9% | ||
| Q3 25 | -13.6% | 0.1% | ||
| Q2 25 | -5.9% | -30.8% | ||
| Q1 25 | -4.4% | -2.0% | ||
| Q4 24 | -33.1% | 34.5% | ||
| Q3 24 | -6.7% | 42.5% | ||
| Q2 24 | -5.5% | 43.8% | ||
| Q1 24 | -2.2% | 42.0% |
| Q4 25 | -24.7% | -20.3% | ||
| Q3 25 | -15.8% | -0.9% | ||
| Q2 25 | -5.0% | -27.2% | ||
| Q1 25 | -4.6% | -11.8% | ||
| Q4 24 | -33.1% | 20.8% | ||
| Q3 24 | -4.3% | 30.4% | ||
| Q2 24 | -3.6% | 27.2% | ||
| Q1 24 | -0.7% | 28.2% |
| Q4 25 | $-0.12 | $-0.14 | ||
| Q3 25 | $-0.07 | $-0.01 | ||
| Q2 25 | $-0.02 | $-0.15 | ||
| Q1 25 | $-0.02 | $-0.07 | ||
| Q4 24 | $-0.18 | $0.12 | ||
| Q3 24 | $-0.02 | $0.20 | ||
| Q2 24 | $-0.02 | $0.18 | ||
| Q1 24 | $0.00 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $104.9M | $8.3M |
| Total DebtLower is stronger | — | $1.7M |
| Stockholders' EquityBook value | $227.9M | $389.3M |
| Total Assets | $290.6M | $530.2M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.9M | $8.3M | ||
| Q3 25 | $106.3M | $30.4M | ||
| Q2 25 | $112.9M | $19.2M | ||
| Q1 25 | $107.1M | $34.5M | ||
| Q4 24 | $109.2M | $190.7M | ||
| Q3 24 | $105.2M | $177.7M | ||
| Q2 24 | $106.3M | $154.3M | ||
| Q1 24 | $127.0M | $124.3M |
| 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 |
| Q4 25 | $227.9M | $389.3M | ||
| Q3 25 | $238.9M | $402.4M | ||
| Q2 25 | $245.3M | $401.3M | ||
| Q1 25 | $244.1M | $415.3M | ||
| Q4 24 | $244.7M | $421.1M | ||
| Q3 24 | $265.2M | $417.6M | ||
| Q2 24 | $263.6M | $397.2M | ||
| Q1 24 | $288.4M | $375.5M |
| Q4 25 | $290.6M | $530.2M | ||
| Q3 25 | $299.2M | $541.2M | ||
| Q2 25 | $316.2M | $533.7M | ||
| Q1 25 | $313.8M | $562.5M | ||
| Q4 24 | $323.0M | $725.8M | ||
| Q3 24 | $330.6M | $709.8M | ||
| Q2 24 | $333.4M | $697.0M | ||
| Q1 24 | $357.5M | $687.2M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.7M | $5.7M |
| Free Cash FlowOCF − Capex | $3.6M | — |
| FCF MarginFCF / Revenue | 6.5% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $25.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.7M | $5.7M | ||
| Q3 25 | $5.7M | $53.4M | ||
| Q2 25 | $13.6M | $11.1M | ||
| Q1 25 | $3.3M | $3.9M | ||
| Q4 24 | $11.6M | $30.6M | ||
| Q3 24 | $14.6M | $31.4M | ||
| Q2 24 | $14.5M | $39.1M | ||
| Q1 24 | $5.0M | $50.6M |
| Q4 25 | $3.6M | — | ||
| Q3 25 | $5.4M | — | ||
| Q2 25 | $13.2M | — | ||
| Q1 25 | $3.2M | $-11.6M | ||
| Q4 24 | $11.5M | — | ||
| Q3 24 | $13.9M | — | ||
| Q2 24 | $12.8M | — | ||
| Q1 24 | $3.6M | — |
| Q4 25 | 6.5% | — | ||
| Q3 25 | 9.3% | — | ||
| Q2 25 | 22.3% | — | ||
| Q1 25 | 5.1% | -21.1% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 19.6% | — | ||
| Q2 24 | 17.6% | — | ||
| Q1 24 | 4.6% | — |
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.2% | 28.2% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 1.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MYPS
Segment breakdown not available.
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
