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Side-by-side financial comparison of ORRSTOWN FINANCIAL SERVICES INC (ORRF) 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 $64.6M, roughly 1.1× ORRSTOWN FINANCIAL SERVICES INC). ORRSTOWN FINANCIAL SERVICES INC runs the higher net margin — 33.8% vs -20.3%, a 54.1% gap on every dollar of revenue. Over the past eight quarters, ORRSTOWN FINANCIAL SERVICES INC's revenue compounded faster (39.3% CAGR vs 0.7%).

Orrstown Financial Services Inc is a US regional bank holding company headquartered in Shippensburg, Pennsylvania. It offers a full range of retail and commercial banking solutions including deposit accounts, personal and business loans, mortgages, and wealth management services, primarily serving customers across central Pennsylvania and northern Maryland.

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.

ORRF vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.1× larger
TH
$73.5M
$64.6M
ORRF
Higher net margin
ORRF
ORRF
54.1% more per $
ORRF
33.8%
-20.3%
TH
Faster 2-yr revenue CAGR
ORRF
ORRF
Annualised
ORRF
39.3%
0.7%
TH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORRF
ORRF
TH
TH
Revenue
$64.6M
$73.5M
Net Profit
$21.8M
$-14.9M
Gross Margin
9.6%
Operating Margin
-22.9%
Net Margin
33.8%
-20.3%
Revenue YoY
22.0%
Net Profit YoY
19.1%
-219.1%
EPS (diluted)
$1.12
$-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.

Revenue
ORRF
ORRF
TH
TH
Q1 26
$64.6M
Q4 25
$64.9M
$73.5M
Q3 25
$64.4M
$91.6M
Q2 25
$62.4M
$54.9M
Q1 25
$60.4M
$54.9M
Q4 24
$61.8M
$60.2M
Q3 24
$64.1M
$65.8M
Q2 24
$33.3M
$67.5M
Net Profit
ORRF
ORRF
TH
TH
Q1 26
$21.8M
Q4 25
$21.5M
$-14.9M
Q3 25
$21.9M
$-795.0K
Q2 25
$19.4M
$-14.9M
Q1 25
$18.1M
$-6.5M
Q4 24
$13.7M
$12.5M
Q3 24
$-7.9M
$20.0M
Q2 24
$7.7M
$18.4M
Gross Margin
ORRF
ORRF
TH
TH
Q1 26
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%
Operating Margin
ORRF
ORRF
TH
TH
Q1 26
Q4 25
42.3%
-22.9%
Q3 25
43.0%
0.1%
Q2 25
39.6%
-30.8%
Q1 25
37.7%
-2.0%
Q4 24
27.7%
34.5%
Q3 24
-15.4%
42.5%
Q2 24
29.5%
43.8%
Net Margin
ORRF
ORRF
TH
TH
Q1 26
33.8%
Q4 25
33.1%
-20.3%
Q3 25
34.0%
-0.9%
Q2 25
31.2%
-27.2%
Q1 25
29.9%
-11.8%
Q4 24
22.1%
20.8%
Q3 24
-12.3%
30.4%
Q2 24
23.3%
27.2%
EPS (diluted)
ORRF
ORRF
TH
TH
Q1 26
$1.12
Q4 25
$1.11
$-0.14
Q3 25
$1.13
$-0.01
Q2 25
$1.01
$-0.15
Q1 25
$0.93
$-0.07
Q4 24
$0.35
$0.12
Q3 24
$-0.41
$0.20
Q2 24
$0.73
$0.18

Balance Sheet & Financial Strength

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

Metric
ORRF
ORRF
TH
TH
Cash + ST InvestmentsLiquidity on hand
$161.8M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$603.2M
$389.3M
Total Assets
$5.6B
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORRF
ORRF
TH
TH
Q1 26
$161.8M
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
Total Debt
ORRF
ORRF
TH
TH
Q1 26
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
Stockholders' Equity
ORRF
ORRF
TH
TH
Q1 26
$603.2M
Q4 25
$591.5M
$389.3M
Q3 25
$571.9M
$402.4M
Q2 25
$548.4M
$401.3M
Q1 25
$532.9M
$415.3M
Q4 24
$516.7M
$421.1M
Q3 24
$516.2M
$417.6M
Q2 24
$278.4M
$397.2M
Total Assets
ORRF
ORRF
TH
TH
Q1 26
$5.6B
Q4 25
$5.5B
$530.2M
Q3 25
$5.5B
$541.2M
Q2 25
$5.4B
$533.7M
Q1 25
$5.4B
$562.5M
Q4 24
$5.4B
$725.8M
Q3 24
$5.5B
$709.8M
Q2 24
$3.2B
$697.0M
Debt / Equity
ORRF
ORRF
TH
TH
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
ORRF
ORRF
TH
TH
Operating Cash FlowLast quarter
$5.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORRF
ORRF
TH
TH
Q1 26
Q4 25
$74.7M
$5.7M
Q3 25
$22.8M
$53.4M
Q2 25
$24.5M
$11.1M
Q1 25
$11.0M
$3.9M
Q4 24
$35.0M
$30.6M
Q3 24
$7.5M
$31.4M
Q2 24
$6.4M
$39.1M
Free Cash Flow
ORRF
ORRF
TH
TH
Q1 26
Q4 25
$70.5M
Q3 25
$22.3M
Q2 25
$23.7M
Q1 25
$8.6M
$-11.6M
Q4 24
$33.4M
Q3 24
$7.1M
Q2 24
$6.4M
FCF Margin
ORRF
ORRF
TH
TH
Q1 26
Q4 25
108.6%
Q3 25
34.7%
Q2 25
37.9%
Q1 25
14.3%
-21.1%
Q4 24
54.0%
Q3 24
11.1%
Q2 24
19.2%
Capex Intensity
ORRF
ORRF
TH
TH
Q1 26
Q4 25
6.5%
Q3 25
0.8%
Q2 25
1.3%
Q1 25
3.8%
28.2%
Q4 24
2.6%
Q3 24
0.6%
Q2 24
0.1%
Cash Conversion
ORRF
ORRF
TH
TH
Q1 26
Q4 25
3.48×
Q3 25
1.04×
Q2 25
1.26×
Q1 25
0.61×
Q4 24
2.55×
2.44×
Q3 24
1.57×
Q2 24
0.83×
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORRF
ORRF

Net Interest Income$49.0M76%
Noninterest Income$15.6M24%

TH
TH

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

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