Interactive Strength Inc. (TRNR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'21 |
|---|
| Total Current Assets | 14.05M | 14.7M | 17.37M | 14.96M | 11.44M | 8.22M | 10.24M | 8.27M | 8.88M | 5.36M | 5.72M | 8.55M | 7.71M | 9.82M | 11.8M | 8.86M |
| Cash & Short-Term Investments | 4.74M | 512K | 845K | 582K | 2.21M | 138K | 2.27M | 156K | 0 | 0 | 30K | 1.4M | 1.05M | 226K | 660K | 1.7M |
| Cash Only | 4.74M | 512K | 845K | 582K | 2.21M | 138K | 2.27M | 156K | 0 | 0 | 30K | 1.4M | 1.05M | 226K | 660K | 1.7M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.73M | 9.48M | 9.24M | 7.92M | 4.3M | 1.86M | 983K | 723K | 713K | 537K | 451K | 707K | 189K | 750K | 493K | -7K |
| Days Sales Outstanding | 106.84 | 208.01 | 163.97 | 456.05 | 204.46 | 54.98 | 38.97 | 105.21 | 156.68 | 248.35 | 174.08 | 129.01 | 269.14 | 294.73 | 110.32 | - |
| Inventory | 4.54M | 3.75M | 6.17M | 2.56M | 3.19M | 3.87M | 4.77M | 5.37M | 6.07M | 4.42M | 1.44M | 5.64M | 1.88M | 4.57M | 4.51M | 2.06M |
| Days Inventory Outstanding | 105.65 | 128.41 | 100.68 | 185.03 | 191.22 | 142.32 | 202.74 | 346.99 | 305.55 | 149.88 | 228.13 | 235.57 | 160.56 | 144.61 | 111.15 | 404.77 |
| Other Current Assets | 243K | 86K | 204K | 2.54M | 95K | 0 | 19K | 25K | 0 | 66K | 0 | 66K | 4.29M | 0 | 1.12M | 4.55M |
| Total Non-Current Assets | 46.59M | 32.14M | 68.07M | 71.28M | 26.37M | 25.95M | 27.51M | 29.5M | 30.68M | 11.45M | 12.55M | 13.17M | 18.05M | 14.63M | 17.1M | 13.21M |
| Property, Plant & Equipment | 720K | 696K | 697K | 326K | 418K | 531K | 656K | 804K | 1.03M | 727K | 879K | 1.12M | 1.07M | 1.44M | 1.8M | 2.19M |
| Fixed Asset Turnover | 7.26x | 5.94x | 9.41x | 3.28x | 2.86x | 4.02x | 2.76x | 0.68x | 0.41x | 0.23x | 0.31x | 0.29x | 0.13x | 0.12x | 0.10x | 0.07x |
| Goodwill | 20.64M | 15.54M | 15.14M | 13.22M | 13.22M | 13.22M | 13.52M | 13.55M | 13.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 17.1M | 7.86M | 11.09M | 52.87M | 8M | 6.11M | 7.18M | 8.47M | 11.38M | 7.5M | 5.68M | 9.63M | 10.34M | 10.84M | 14.98M | 11.01M |
| Long-Term Investments | 0 | 0 | 36.77M | 45.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.14M | 8.04M | 4.36M | -40.25M | 4.73M | 6.09M | 6.15M | 6.67M | 5.04M | 3.22M | 5.99M | 2.42M | 6.64M | 2.35M | 321K | 9K |
| Total Assets | 60.64M | 46.84M | 85.44M | 86.24M | 37.82M | 34.17M | 37.75M | 37.77M | 39.56M | 16.8M | 18.27M | 21.71M | 25.76M | 24.45M | 28.9M | 22.07M |
| Asset Turnover | 0.10x | 0.06x | 0.06x | 0.02x | 0.04x | 0.07x | 0.05x | 0.02x | 0.01x | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Asset Growth % | 60.37% | 37.09% | 126.31% | 128.36% | -4.42% | 103.37% | 106.63% | 73.91% | 53.58% | -31.27% | -36.78% | - | - | 10.79% | - | - |
| Total Current Liabilities | 36.48M | 31.29M | 30.81M | 22.21M | 21.26M | 26.88M | 26.55M | 35.6M | 38.53M | 21.53M | 18.3M | 16.43M | 24.13M | 24.17M | 15.37M | 11.48M |
| Accounts Payable | 9.36M | 8.98M | 8.94M | 4.67M | 7.7M | 11.17M | 12.88M | 13.6M | 13.25M | 10.56M | 8.92M | 8.33M | 8.31M | 7.74M | 4.49M | 2.11M |
| Days Payables Outstanding | 233.65 | 232.01 | 156.92 | 398.17 | 511.45 | 396.08 | 529.22 | 814.06 | 693.21 | 497.9 | 555.19 | 520.62 | 399.57 | 194.91 | 111.83 | 416.19 |
| Short-Term Debt | 16.3M | 15.74M | 12.62M | 9.98M | 9.02M | 11.32M | 10.08M | 17.19M | 19.05M | 9.86M | 7.3M | 6.09M | 12.26M | 10.98M | 6.4M | 6.93M |
| Deferred Revenue (Current) | 4.5M | 1.33M | 391K | 159K | 257K | 77K | 104K | 704K | 567K | 77K | 118K | 58K | 35K | 29K | 11K | 15K |
| Other Current Liabilities | 1.6M | 616K | 8.26M | 1.77M | 1.02M | 933K | 2.23M | 1.25M | 398K | 721K | 0 | 1.35M | 2.94M | 4.77M | 1.07M | 2.2M |
| Current Ratio | 0.39x | 0.47x | 0.56x | 0.67x | 0.54x | 0.31x | 0.39x | 0.23x | 0.23x | 0.25x | 0.31x | 0.52x | 0.32x | 0.41x | 0.77x | 0.77x |
| Quick Ratio | 0.26x | 0.35x | 0.36x | 0.56x | 0.39x | 0.16x | 0.21x | 0.08x | 0.07x | 0.04x | 0.23x | 0.18x | 0.24x | 0.22x | 0.47x | 0.59x |
| Cash Conversion Cycle | -21.16 | 104.41 | 107.73 | 242.91 | -115.77 | -198.79 | -287.51 | -361.85 | -230.99 | -99.67 | -152.98 | -156.04 | 30.13 | 244.43 | 109.64 | - |
| Total Non-Current Liabilities | 16.19M | 9.17M | 37.17M | 47.76M | 2.8M | 174K | 5.41M | 1.75M | 3.97M | 820K | 243K | 274K | 594K | 3.01M | 65.66M | 520K |
| Long-Term Debt | 4.55M | 4.53M | 34.01M | 45.15M | 1.88M | 0 | 4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 520K |
| Capital Lease Obligations | 152K | 171K | 188K | 138K | 154K | 170K | 210K | 265K | 348K | 229K | 243K | 257K | 0 | 9K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.48M | 4.46M | 2.98M | 2.47M | 767K | 4K | 1.21M | 1.49M | 3.63M | 591K | 0 | 17K | 594K | 3M | 65.66M | -1 |
| Total Liabilities | 52.67M | 40.45M | 67.98M | 69.97M | 24.06M | 27.05M | 31.96M | 37.35M | 42.51M | 22.35M | 18.55M | 16.7M | 24.72M | 27.18M | 15.37M | 12M |
| Total Debt | 21.15M | 20.6M | 46.81M | 55.4M | 11.25M | 11.75M | 14.59M | 17.78M | 19.72M | 10.09M | 7.6M | 6.34M | 12.26M | 11.09M | 6.4M | 7.45M |
| Net Debt | 16.41M | 20.09M | 45.97M | 54.82M | 9.04M | 11.61M | 12.32M | 17.63M | 19.72M | 10.09M | 7.57M | 4.94M | 11.21M | 10.87M | 5.74M | 5.75M |
| Debt / Equity | 2.65x | 3.22x | 2.68x | 3.40x | 0.82x | 1.65x | 2.52x | 43.06x | - | - | - | 1.27x | 11.82x | - | 0.47x | 0.74x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -6.02x | -5.59x | -0.30x | 0.51x | -2.74x | -4.90x | -2.90x | -2.64x | -4.70x | -54.35x | -66.58x | -8.47x | - | -91.21x | -77.90x | -56.68x |
| Total Equity | 7.98M | 6.39M | 17.46M | 16.27M | 13.76M | 7.12M | 5.79M | 413K | -2.94M | -5.55M | -274K | 5.01M | 1.04M | -2.73M | 13.53M | 10.07M |
| Equity Growth % | -42.02% | -10.19% | 201.4% | 3840.44% | 567.57% | 228.15% | 2213.87% | -91.76% | -383.7% | -103.15% | -102.02% | - | - | -127.14% | - | - |
| Book Value per Share | 7.60 | 23.20 | 103.75 | 159.21 | 361.61 | 896.10 | 12446.67 | 6785.45 | -69246.16 | -156481.60 | -7730.01 | 141368.81 | 35229.30 | -76303.12 | 377.85 | 281146.15 |
| Total Shareholders' Equity | 7.98M | 6.39M | 17.46M | 16.27M | 13.76M | 7.12M | 5.79M | 413K | -2.94M | -5.55M | -274K | 5.01M | 1.04M | -2.73M | 13.53M | 10.07M |
| Common Stock | 2K | 0 | 10K | 10K | 9K | 8K | 8K | 7K | 7K | 7K | 7K | 7K | 7K | 4K | 4K | 3K |
| Retained Earnings | -238.28M | -227.54M | -217.19M | -211.96M | -209.39M | -202.59M | -196.62M | -188.94M | -178.31M | -166.91M | -155.51M | -145.1M | -131.5M | -115.54M | -96.73M | -57.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -24K | 113K | 247K | 227K | 204K | 183K | -105K | 137K | 139K | 100K | 286K | 114K | 250K | 365K | 772K | -159K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |