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Side-by-side financial comparison of PROCEPT BioRobotics Corp (PRCT) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $73.5M, roughly 1.1× Target Hospitality Corp.). Target Hospitality Corp. runs the higher net margin — -20.3% vs -38.1%, a 17.7% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 20.2%). Over the past eight quarters, PROCEPT BioRobotics Corp's revenue compounded faster (24.8% CAGR vs 0.7%).

PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.

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.

PRCT vs TH — Head-to-Head

Bigger by revenue
PRCT
PRCT
1.1× larger
PRCT
$83.1M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+1.8% gap
TH
22.0%
20.2%
PRCT
Higher net margin
TH
TH
17.7% more per $
TH
-20.3%
-38.1%
PRCT
Faster 2-yr revenue CAGR
PRCT
PRCT
Annualised
PRCT
24.8%
0.7%
TH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PRCT
PRCT
TH
TH
Revenue
$83.1M
$73.5M
Net Profit
$-31.6M
$-14.9M
Gross Margin
64.9%
9.6%
Operating Margin
-4.1%
-22.9%
Net Margin
-38.1%
-20.3%
Revenue YoY
20.2%
22.0%
Net Profit YoY
-27.9%
-219.1%
EPS (diluted)
$-0.56
$-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
PRCT
PRCT
TH
TH
Q1 26
$83.1M
Q4 25
$76.4M
$73.5M
Q3 25
$83.3M
$91.6M
Q2 25
$79.2M
$54.9M
Q1 25
$69.2M
$54.9M
Q4 24
$68.2M
$60.2M
Q3 24
$58.4M
$65.8M
Q2 24
$53.4M
$67.5M
Net Profit
PRCT
PRCT
TH
TH
Q1 26
$-31.6M
Q4 25
$-29.8M
$-14.9M
Q3 25
$-21.4M
$-795.0K
Q2 25
$-19.6M
$-14.9M
Q1 25
$-24.7M
$-6.5M
Q4 24
$-18.9M
$12.5M
Q3 24
$-21.0M
$20.0M
Q2 24
$-25.6M
$18.4M
Gross Margin
PRCT
PRCT
TH
TH
Q1 26
64.9%
Q4 25
60.6%
9.6%
Q3 25
64.8%
19.6%
Q2 25
65.4%
-0.6%
Q1 25
63.9%
32.7%
Q4 24
64.0%
61.5%
Q3 24
63.2%
68.7%
Q2 24
59.0%
69.4%
Operating Margin
PRCT
PRCT
TH
TH
Q1 26
-4.1%
Q4 25
-40.6%
-22.9%
Q3 25
-27.8%
0.1%
Q2 25
-28.0%
-30.8%
Q1 25
-39.7%
-2.0%
Q4 24
-28.9%
34.5%
Q3 24
-38.4%
42.5%
Q2 24
-50.3%
43.8%
Net Margin
PRCT
PRCT
TH
TH
Q1 26
-38.1%
Q4 25
-39.1%
-20.3%
Q3 25
-25.7%
-0.9%
Q2 25
-24.7%
-27.2%
Q1 25
-35.8%
-11.8%
Q4 24
-27.6%
20.8%
Q3 24
-35.9%
30.4%
Q2 24
-48.0%
27.2%
EPS (diluted)
PRCT
PRCT
TH
TH
Q1 26
$-0.56
Q4 25
$-0.54
$-0.14
Q3 25
$-0.38
$-0.01
Q2 25
$-0.35
$-0.15
Q1 25
$-0.45
$-0.07
Q4 24
$-0.34
$0.12
Q3 24
$-0.40
$0.20
Q2 24
$-0.50
$0.18

Balance Sheet & Financial Strength

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

Metric
PRCT
PRCT
TH
TH
Cash + ST InvestmentsLiquidity on hand
$245.6M
$8.3M
Total DebtLower is stronger
$51.7M
$1.7M
Stockholders' EquityBook value
$347.7M
$389.3M
Total Assets
$487.1M
$530.2M
Debt / EquityLower = less leverage
0.15×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRCT
PRCT
TH
TH
Q1 26
$245.6M
Q4 25
$286.5M
$8.3M
Q3 25
$294.3M
$30.4M
Q2 25
$302.7M
$19.2M
Q1 25
$316.2M
$34.5M
Q4 24
$333.7M
$190.7M
Q3 24
$196.8M
$177.7M
Q2 24
$214.1M
$154.3M
Total Debt
PRCT
PRCT
TH
TH
Q1 26
$51.7M
Q4 25
$51.6M
$1.7M
Q3 25
$51.6M
$2.0M
Q2 25
$51.5M
$26.3M
Q1 25
$51.5M
$42.9M
Q4 24
$51.5M
$1.5M
Q3 24
$51.4M
$994.0K
Q2 24
$51.4M
$1.1M
Stockholders' Equity
PRCT
PRCT
TH
TH
Q1 26
$347.7M
Q4 25
$365.9M
$389.3M
Q3 25
$380.3M
$402.4M
Q2 25
$385.8M
$401.3M
Q1 25
$389.2M
$415.3M
Q4 24
$402.2M
$421.1M
Q3 24
$241.2M
$417.6M
Q2 24
$251.8M
$397.2M
Total Assets
PRCT
PRCT
TH
TH
Q1 26
$487.1M
Q4 25
$508.1M
$530.2M
Q3 25
$511.5M
$541.2M
Q2 25
$513.1M
$533.7M
Q1 25
$519.4M
$562.5M
Q4 24
$534.0M
$725.8M
Q3 24
$374.1M
$709.8M
Q2 24
$374.4M
$697.0M
Debt / Equity
PRCT
PRCT
TH
TH
Q1 26
0.15×
Q4 25
0.14×
0.00×
Q3 25
0.14×
0.01×
Q2 25
0.13×
0.07×
Q1 25
0.13×
0.10×
Q4 24
0.13×
0.00×
Q3 24
0.21×
0.00×
Q2 24
0.20×
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
PRCT
PRCT
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
PRCT
PRCT
TH
TH
Q1 26
Q4 25
$-10.3M
$5.7M
Q3 25
$-6.6M
$53.4M
Q2 25
$-15.0M
$11.1M
Q1 25
$-17.0M
$3.9M
Q4 24
$-32.4M
$30.6M
Q3 24
$-18.8M
$31.4M
Q2 24
$-15.7M
$39.1M
Free Cash Flow
PRCT
PRCT
TH
TH
Q1 26
Q4 25
$-12.2M
Q3 25
$-9.5M
Q2 25
$-17.8M
Q1 25
$-18.8M
$-11.6M
Q4 24
$-33.6M
Q3 24
$-19.0M
Q2 24
$-16.8M
FCF Margin
PRCT
PRCT
TH
TH
Q1 26
Q4 25
-15.9%
Q3 25
-11.4%
Q2 25
-22.5%
Q1 25
-27.2%
-21.1%
Q4 24
-49.2%
Q3 24
-32.6%
Q2 24
-31.4%
Capex Intensity
PRCT
PRCT
TH
TH
Q1 26
Q4 25
2.4%
Q3 25
3.4%
Q2 25
3.5%
Q1 25
2.7%
28.2%
Q4 24
1.7%
Q3 24
0.4%
Q2 24
2.0%
Cash Conversion
PRCT
PRCT
TH
TH
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.44×
Q3 24
1.57×
Q2 24
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRCT
PRCT

Handpieces and other consumables$43.0M52%
System sales and rentals$23.4M28%
Other$11.1M13%
Service$5.6M7%

TH
TH

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

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