Company research
Interactive Strength, Inc.
CIK 1785056Updated Sep 24, 2026
SecurityTRNR · NASDAQ · equity
TRNR price & chart
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NASDAQ:TRNR on TradingView ↗About the company
Interactive Strength Inc. (NASDAQ:TRNR) is building a global, multi-brand fitness equipment platform through the disciplined acquisition of profitable, premium fitness companies. The Company has established a leading portfolio of brands - Wattbike, CLMBR, FORME and Ergatta - that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.
In the news
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Recent filings
Submission of Matters to a Vote of Security Holders
Items 5.07
DEF 14A filing
10-Q filing
Unregistered Sales of Equity Securities
Items 3.02
PRE 14A filing
Show 5 more recent filings
Unregistered Sales of Equity Securities
Items 3.02, 9.01
Unregistered Sales of Equity Securities
Items 3.02
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities
Items 1.01, 3.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 46,843,000Source | 34,170,000Source | 16,802,000Source | 24,447,000Source |
| Property, Plant and Equipment, NetUSD | 379,000Source | 116,000Source | 444,000Source | 1,326,000Source |
| GoodwillUSD | 15,545,000Source | 13,220,000Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,863,000Source | 6,106,000Source | 2,254,000Source | 3,834,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 512,000Source | 138,000Source | 0Source | 226,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,614,000Source | 1,426,000Source | 1,000Source | 0Source |
| Inventory, NetUSD | 7,331,000Source | 6,690,000Source | 5,515,000Source | 4,567,000Source |
| Assets, CurrentUSD | 14,703,000Source | 8,218,000Source | 5,356,000Source | 9,822,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 860,000Source | 810,000Source | 933,000Source | 1,426,000Source |
| Operating Lease, Right-of-Use AssetUSD | 317,000Source | 415,000Source | 283,000Source | 110,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 38,149,000Source | 27,055,000Source | 22,354,000Source | 27,180,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 8,000Source | 7,000Source | 4,000Source |
| Additional Paid in CapitalUSD | 233,817,000Source | 209,509,000Source | 161,252,000Source | 112,436,000Source |
| Retained Earnings (Accumulated Deficit)USD | -227,542,000Source | -202,586,000Source | -166,911,000Source | -115,538,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 113,000Source | 183,000Source | 100,000Source | 365,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,390,000Source | 7,115,000Source | -5,552,000Source | -2,733,000Source |
| Liabilities and EquityUSD | 46,843,000Source | 34,170,000Source | 16,802,000Source | 24,447,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 31,285,000Source | 26,881,000Source | 21,534,000Source | 24,167,000Source |
| Operating Lease, Liability, CurrentUSD | 159,000Source | 261,000Source | 54,000Source | 106,000Source |
| Accounts Payable, CurrentUSD | 8,981,000Source | 11,169,000Source | 10,562,000Source | 7,743,000Source |
| Operating Lease, Liability, NoncurrentUSD | 171,000Source | 170,000Source | 229,000Source | 9,000Source |
| Other Liabilities, NoncurrentUSD | 1,753,000Source | — | — | — |
| Additional Financial Items | ||||
| Long-term DebtUSD | — | 11,319,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,079,000Source | 10,252,000Source | 29,943,000Source | 6,347,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -571,000Source | 2,049,000Source | 1,000Source | 0Source |
| Increase (Decrease) in InventoriesUSD | -1,803,000Source | -1,575,000Source | 1,791,000Source | 2,435,000Source |
| Increase (Decrease) in Accounts PayableUSD | 846,000Source | -973,000Source | 2,084,000Source | 3,926,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -10,409,000Source | -14,812,000Source | -15,427,000Source | -35,545,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 452,000Source | 1,463,000Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -53,737,000Source | -1,675,000Source | -1,421,000Source | -7,607,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 94,000Source | — | 0Source | 577,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 64,619,000Source | 16,339,000Source | 17,105,000Source | 41,772,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 374,000Source | 138,000Source | -226,000Source | -1,471,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 1,446,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance Costs and DiscountsUSD | 5,627,000Source | 5,216,000Source | 1,394,000Source | 0Source |
| Amortization of Intangible AssetsUSD | 3,013,000Source | 5,659,000Source | 5,644,000Source | 4,999,000Source |
| DepreciationUSD | 169,000Source | 467,000Source | 882,000Source | 1,143,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 482,000Source | -460,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 75,000Source | 86,000Source | -265,000Source | -422,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 482,000Source | -460,000Source | 52,000Source | 0Source |
| Gain (Loss) on Disposition of AssetsUSD | -27,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 0Source | -181,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 2,595,000Source | 523,000Source |
| General and Administrative ExpenseUSD | 15,585,000Source | 18,339,000Source | 37,277,000Source | 19,298,000Source |
| GoodwillUSD | 15,545,000Source | 13,220,000Source | — | — |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | 0Source | 0Source | — |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | — | 2,300,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Inventory Write-downUSD | 229,000Source | 354,000Source | 825,000Source | 904,000Source |
| Net Income (Loss) Attributable to ParentUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Nonoperating Income (Expense)USD | -4,110,000Source | -5,749,000Source | 3,107,000Source | -3,880,000Source |
| Operating ExpensesUSD | 20,771,000Source | 26,407,000Source | 48,952,000Source | 45,477,000Source |
| Other Nonoperating Income (Expense)USD | -1,004,000Source | -956,000Source | 1,000Source | -4,036,000Source |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 4,247,000Source | 2,626,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 30,000Source | 12,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 11,530,000Source | 5,380,000Source | 962,000Source | 681,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -19,858,000Source | -29,185,000Source | -54,480,000Source | -54,345,000Source |
| Other Nonoperating Income (Expense)USD | -1,004,000Source | -956,000Source | 1,000Source | -4,036,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Earnings Per Share, BasicUSD per share | -171.77Source | -163.28Source | -4.15Source | -119.49Source |
| Earnings Per Share, DilutedUSD per share | -171.77Source | -163.28Source | -4.15Source | -119.49Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 139,536Source | 213,945Source | 12,367,974Source | 487,276Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 139,536Source | 213,945Source | 12,367,974Source | 487,276Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,013,000Source | 5,659,000Source | 5,644,000Source | 4,999,000Source |
| Business Combination, Acquisition Related CostsUSD | 600,000Source | 1,100,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 5,000Source | 9,000Source | 11,000Source | 8,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 75,000Source | 86,000Source | -265,000Source | -422,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 482,000Source | -460,000Source | 52,000Source | 0Source |
| General and Administrative ExpenseUSD | 15,585,000Source | 18,339,000Source | 37,277,000Source | 19,298,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | — |
| Gross ProfitUSD | 913,000Source | -2,778,000Source | -5,528,000Source | -8,868,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -22,217,000Source | -34,523,000Source | -51,919,000Source | -56,817,000Source |
| Interest Income (Expense), NetUSD | — | — | -194,000Source | -952,000Source |
| Interest Revenue (Expense), NetUSD | -11,781,000Source | -7,727,000Source | -1,588,000Source | -952,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -23,968,000Source | -34,934,000Source | -51,373,000Source | -58,225,000Source |
| Nonoperating Income (Expense)USD | -4,110,000Source | -5,749,000Source | 3,107,000Source | -3,880,000Source |
| Operating ExpensesUSD | 20,771,000Source | 26,407,000Source | 48,952,000Source | 45,477,000Source |
| Research and Development ExpenseUSD | 2,918,000Source | 6,988,000Source | 10,044,000Source | 19,960,000Source |
| Selling and Marketing ExpenseUSD | 2,268,000Source | 1,080,000Source | 1,631,000Source | 6,219,000Source |
Filing attachments
trnr-ex99_1.htm · 8-K · 2026-07-09
EX-99.1 3 trnr-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 TRNR SIGNS DEFINITIVE AGREEMENT TO ACQUIRE STEPR, RAISES 2026 PRO FORMA REVENUE GUIDANCE TO MORE THAN $50M STEPR is profitable, growing fast and the category leader in connected stair climbing; expected to generate more than $15 million in revenue in 2026 driven by increased US retailer demand Performance-linked transaction valuation ensures attractive acquisition multiple, in-line with TRNR’s disciplined acquisition strategy Deal e…
Read attachment ↗trnr-ex99_1.htm · 8-K · 2026-06-30
EX-99.1 3 trnr-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Interactive Strength Inc. (Nasdaq: TRNR) Announces 1-for-7 Reverse Split Austin, TX - June 26, 2026 - Interactive Strength Inc. (Nasdaq: TRNR) (“TRNR” or the “Company”), maker of innovative specialty fitness equipment under the Wattbike, CLMBR, FORME and Ergatta brands, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-7. The reverse stock split will become effecti…
Read attachment ↗