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Side-by-side financial comparison of RCM TECHNOLOGIES, INC. (RCMT) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

RCM TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($86.5M vs $73.5M, roughly 1.2× Target Hospitality Corp.). RCM TECHNOLOGIES, INC. runs the higher net margin — 7.1% vs -20.3%, a 27.4% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 12.4%). Over the past eight quarters, RCM TECHNOLOGIES, INC.'s revenue compounded faster (9.6% CAGR vs 0.7%).

Exela Technologies, Inc. is an American business process automation ("BPA") company. It was created with the merger of SourceHOV LCC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2.

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.

RCMT vs TH — Head-to-Head

Bigger by revenue
RCMT
RCMT
1.2× larger
RCMT
$86.5M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+9.5% gap
TH
22.0%
12.4%
RCMT
Higher net margin
RCMT
RCMT
27.4% more per $
RCMT
7.1%
-20.3%
TH
Faster 2-yr revenue CAGR
RCMT
RCMT
Annualised
RCMT
9.6%
0.7%
TH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RCMT
RCMT
TH
TH
Revenue
$86.5M
$73.5M
Net Profit
$6.1M
$-14.9M
Gross Margin
28.1%
9.6%
Operating Margin
9.2%
-22.9%
Net Margin
7.1%
-20.3%
Revenue YoY
12.4%
22.0%
Net Profit YoY
112.9%
-219.1%
EPS (diluted)
$0.80
$-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
RCMT
RCMT
TH
TH
Q1 26
$86.5M
Q4 25
$73.5M
Q3 25
$70.3M
$91.6M
Q2 25
$78.2M
$54.9M
Q1 25
$84.5M
$54.9M
Q4 24
$76.9M
$60.2M
Q3 24
$60.4M
$65.8M
Q2 24
$69.2M
$67.5M
Net Profit
RCMT
RCMT
TH
TH
Q1 26
$6.1M
Q4 25
$-14.9M
Q3 25
$2.3M
$-795.0K
Q2 25
$3.8M
$-14.9M
Q1 25
$4.2M
$-6.5M
Q4 24
$2.9M
$12.5M
Q3 24
$2.7M
$20.0M
Q2 24
$3.8M
$18.4M
Gross Margin
RCMT
RCMT
TH
TH
Q1 26
28.1%
Q4 25
9.6%
Q3 25
27.6%
19.6%
Q2 25
28.5%
-0.6%
Q1 25
26.0%
32.7%
Q4 24
28.0%
61.5%
Q3 24
29.6%
68.7%
Q2 24
28.9%
69.4%
Operating Margin
RCMT
RCMT
TH
TH
Q1 26
9.2%
Q4 25
-22.9%
Q3 25
5.6%
0.1%
Q2 25
8.4%
-30.8%
Q1 25
7.8%
-2.0%
Q4 24
8.2%
34.5%
Q3 24
7.3%
42.5%
Q2 24
8.4%
43.8%
Net Margin
RCMT
RCMT
TH
TH
Q1 26
7.1%
Q4 25
-20.3%
Q3 25
3.2%
-0.9%
Q2 25
4.8%
-27.2%
Q1 25
5.0%
-11.8%
Q4 24
3.7%
20.8%
Q3 24
4.5%
30.4%
Q2 24
5.4%
27.2%
EPS (diluted)
RCMT
RCMT
TH
TH
Q1 26
$0.80
Q4 25
$-0.14
Q3 25
$0.30
$-0.01
Q2 25
$0.50
$-0.15
Q1 25
$0.54
$-0.07
Q4 24
$0.38
$0.12
Q3 24
$0.35
$0.20
Q2 24
$0.47
$0.18

Balance Sheet & Financial Strength

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

Metric
RCMT
RCMT
TH
TH
Cash + ST InvestmentsLiquidity on hand
$2.9M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$46.0M
$389.3M
Total Assets
$134.4M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCMT
RCMT
TH
TH
Q1 26
$2.9M
Q4 25
$8.3M
Q3 25
$1.3M
$30.4M
Q2 25
$5.5M
$19.2M
Q1 25
$5.2M
$34.5M
Q4 24
$4.7M
$190.7M
Q3 24
$3.2M
$177.7M
Q2 24
$3.5M
$154.3M
Total Debt
RCMT
RCMT
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
RCMT
RCMT
TH
TH
Q1 26
$46.0M
Q4 25
$389.3M
Q3 25
$41.4M
$402.4M
Q2 25
$37.8M
$401.3M
Q1 25
$34.6M
$415.3M
Q4 24
$33.5M
$421.1M
Q3 24
$30.0M
$417.6M
Q2 24
$28.5M
$397.2M
Total Assets
RCMT
RCMT
TH
TH
Q1 26
$134.4M
Q4 25
$530.2M
Q3 25
$129.8M
$541.2M
Q2 25
$135.6M
$533.7M
Q1 25
$121.0M
$562.5M
Q4 24
$132.1M
$725.8M
Q3 24
$125.5M
$709.8M
Q2 24
$118.3M
$697.0M
Debt / Equity
RCMT
RCMT
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
RCMT
RCMT
TH
TH
Operating Cash FlowLast quarter
$19.0M
$5.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCMT
RCMT
TH
TH
Q1 26
$19.0M
Q4 25
$5.7M
Q3 25
$-1.3M
$53.4M
Q2 25
$-7.9M
$11.1M
Q1 25
$16.7M
$3.9M
Q4 24
$-1.6M
$30.6M
Q3 24
$-4.3M
$31.4M
Q2 24
$5.7M
$39.1M
Free Cash Flow
RCMT
RCMT
TH
TH
Q1 26
Q4 25
Q3 25
$-1.8M
Q2 25
$-8.4M
Q1 25
$16.2M
$-11.6M
Q4 24
$-2.6M
Q3 24
$-4.9M
Q2 24
$5.3M
FCF Margin
RCMT
RCMT
TH
TH
Q1 26
Q4 25
Q3 25
-2.5%
Q2 25
-10.7%
Q1 25
19.2%
-21.1%
Q4 24
-3.4%
Q3 24
-8.1%
Q2 24
7.7%
Capex Intensity
RCMT
RCMT
TH
TH
Q1 26
Q4 25
Q3 25
0.7%
Q2 25
0.6%
Q1 25
0.5%
28.2%
Q4 24
1.3%
Q3 24
0.9%
Q2 24
0.6%
Cash Conversion
RCMT
RCMT
TH
TH
Q1 26
3.11×
Q4 25
Q3 25
-0.56×
Q2 25
-2.08×
Q1 25
3.98×
Q4 24
-0.57×
2.44×
Q3 24
-1.58×
1.57×
Q2 24
1.52×
2.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RCMT
RCMT

Segment breakdown not available.

TH
TH

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

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