Interactive Strength Inc. (TRNR) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 5.14M | 4.14M | 4.82M | 1.22M | 1.36M | 2.38M | 2.01M | 621K | 363K | 183K | 306K | 316K | 157K | 194K | 201K | 162K |
| Revenue Growth % | 279.13% | 73.73% | 139.08% | 96.3% | 273.55% | 1202.19% | 558.17% | 96.52% | 131.21% | -5.67% | 52.24% | - | - | 19.75% | - | - |
| Cost of Goods Sold | 3.53M | 3.55M | 3.99M | 1.41M | 1.66M | 2.79M | 2.3M | 1.5M | 1.56M | 1.8M | 1.43M | 1.45M | 1.81M | 2.89M | 2.7M | 1.85M |
| COGS % of Revenue | 68.7% | 85.85% | 82.87% | 115.91% | 122.42% | 117.21% | 114.3% | 241.71% | 430.58% | 983.61% | 466.99% | 460.13% | 1151.59% | 1488.66% | 1341.29% | 1144.44% |
| Gross Profit | 1.61M | 586K | 825K | -194K | -304K | -410K | -288K | -880K | -1.2M | -1.62M | -1.12M | -1.14M | -1.65M | -2.69M | -2.5M | -1.69M |
| Gross Margin % | 31.3% | 14.15% | 17.13% | -15.91% | -22.42% | -17.21% | -14.3% | -141.71% | -330.58% | -883.61% | -366.99% | -360.13% | -1051.59% | -1388.66% | -1241.29% | -1044.44% |
| Gross Profit Growth % | 629.28% | 242.93% | 386.46% | 77.95% | 74.67% | 74.64% | 74.35% | 22.67% | 27.32% | 39.98% | 54.99% | - | - | -59.22% | - | - |
| Operating Expenses | 5.6M | 2.27M | 6.86M | 5.63M | 6.01M | 3.7M | 7.47M | 7M | 8.24M | 9.64M | 8.95M | 10.8M | 19.56M | 13.22M | 12.18M | 10.99M |
| OpEx % of Revenue | 108.91% | 54.95% | 142.43% | 461.85% | 443.07% | 155.22% | 370.71% | 1127.54% | 2270.25% | 5267.76% | 2925.49% | 3417.72% | 12458.6% | 6817.01% | 6058.71% | 6785.8% |
| Selling, General & Admin | 5.16M | 1.81M | 6.45M | 4.85M | 4.74M | 3.42M | 5.25M | 4.53M | 6.22M | 7.39M | 6.59M | 8.47M | 16.45M | 8.55M | 7.32M | 4.99M |
| SG&A % of Revenue | 100.39% | 43.74% | 134.04% | 397.95% | 349.34% | 143.47% | 260.87% | 729.15% | 1712.95% | 4039.34% | 2155.23% | 2681.65% | 10475.8% | 4406.7% | 3643.78% | 3079.63% |
| Research & Development | 438K | 464K | 404K | 779K | 1.27M | 279K | 2.21M | 2.47M | 2.02M | 2.25M | 2.36M | 2.33M | 3.11M | 4.68M | 4.85M | 6M |
| R&D % of Revenue | 8.52% | 11.21% | 8.39% | 63.9% | 93.73% | 11.71% | 109.83% | 398.39% | 557.3% | 1228.42% | 770.26% | 736.08% | 1982.8% | 2410.31% | 2414.93% | 3706.17% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.99M | -1.69M | -6.03M | -5.82M | -6.31M | -4.11M | -7.75M | -7.88M | -9.44M | -11.26M | -10.07M | -11.94M | -21.21M | -15.92M | -14.67M | -12.69M |
| Operating Margin % | -77.61% | -40.8% | -125.3% | -477.77% | -465.49% | -172.43% | -385% | -1269.24% | -2600.83% | -6151.37% | -3292.48% | -3777.85% | -13510.19% | -8205.67% | -7300% | -7830.25% |
| Operating Income Growth % | 36.79% | 58.9% | 22.2% | 26.11% | 33.14% | 63.5% | 23.04% | 33.98% | 55.49% | 29.29% | 31.34% | - | - | -25.49% | - | - |
| EBITDA | -3.14M | -995K | -2.9M | -5.01M | -5.4M | -3.09M | -6.37M | -6.11M | -7.55M | -9.66M | -8.38M | -10.33M | -19.59M | -14.44M | -12.93M | -11.52M |
| EBITDA Margin % | -61.02% | -24.03% | -60.23% | -411.32% | -398.23% | -129.58% | -316.04% | -983.57% | -2080.72% | -5279.23% | -2738.24% | -3268.67% | -12474.52% | -7445.36% | -6434.83% | -7110.49% |
| EBITDA Growth % | 41.91% | 67.78% | 54.44% | 17.91% | 28.51% | 68.04% | 24.04% | 40.87% | 61.43% | 33.11% | 35.22% | - | - | -25.39% | - | - |
| D&A (Non-Cash Add-back) | 853K | 694K | 3.13M | 810K | 912K | 1.02M | 1.39M | 1.77M | 1.89M | 1.6M | 1.7M | 1.61M | 1.63M | 1.48M | 1.74M | 1.17M |
| EBIT | -9.21M | -8.44M | -1.21M | 2.31M | -4.84M | -4.79M | -5.31M | -7.72M | -9.39M | -11.2M | -10.25M | -12.17M | -15.96M | -18.61M | -14.57M | -12.81M |
| Net Interest Income | -1.53M | -1.02M | -3.34M | -4.26M | -1.61M | -977K | -1.83M | -2.92M | -2M | -206K | -154K | -1.44M | 208K | -204K | -187K | -226K |
| Interest Income | 0 | 490K | 675K | 229K | 158K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208K | 0 | 0 | 0 |
| Interest Expense | 1.53M | 1.51M | 4.02M | 4.49M | 1.76M | 977K | 1.83M | 2.92M | 2M | 206K | 154K | 1.44M | 0 | 204K | 187K | 226K |
| Other Income/Expense | -6.75M | -8.27M | 802K | 3.64M | -291K | -1.65M | 613K | -2.75M | -1.95M | -145K | -333K | -1.66M | 5.25M | -2.89M | -81K | -350K |
| Pretax Income | -10.74M | -9.95M | -5.23M | -2.18M | -6.6M | -5.76M | -7.14M | -10.64M | -11.39M | -11.4M | -10.41M | -13.6M | -15.96M | -18.81M | -14.75M | -13.04M |
| Pretax Margin % | -208.97% | -240.43% | -108.64% | -178.84% | -486.95% | -241.8% | -354.57% | -1712.88% | -3138.84% | -6230.6% | -3401.31% | -4304.43% | -10166.24% | -9695.88% | -7340.3% | -8046.3% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -0.03% |
| Net Income | -10.74M | -9.95M | -5.23M | -2.18M | -6.6M | -5.76M | -7.14M | -10.64M | -11.39M | -11.4M | -10.41M | -13.6M | -15.96M | -18.81M | -14.75M | -13.04M |
| Net Margin % | -208.97% | -240.43% | -108.64% | -178.84% | -486.95% | -241.8% | -354.57% | -1712.88% | -3138.84% | -6230.6% | -3401.31% | -4304.43% | -10166.24% | -9695.88% | -7340.3% | -8048.77% |
| Net Income Growth % | -62.7% | -72.75% | 26.75% | 79.51% | 42.05% | 49.46% | 31.39% | 21.8% | 28.61% | 39.38% | 29.46% | - | - | -44.26% | - | - |
| Net Income (Continuing) | -10.74M | -9.95M | -5.23M | -2.18M | -6.6M | -5.76M | -7.14M | -10.64M | -11.39M | -11.4M | -10.41M | -13.6M | -15.96M | -18.81M | -14.75M | -13.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -10.24 | -36.15 | -31.09 | -21.33 | -173.58 | -725.64 | -15345.00 | -174762.00 | -268180.00 | -321364.00 | -293628.00 | -383736.00 | -542232.00 | -525160.00 | -411.90 | -364040.00 |
| EPS Growth % | 94.1% | 95.02% | 99.8% | 99.99% | 99.94% | 99.77% | 94.77% | 54.46% | 50.54% | 38.81% | -71186.23% | - | - | -44.26% | - | - |
| EPS (Basic) | -10.24 | -36.15 | -31.09 | -21.33 | -173.58 | -725.64 | -15345.00 | -174762.00 | -268180.00 | -321364.00 | -293628.00 | -383736.00 | -542232.00 | -525160.00 | -411.90 | -364040.00 |
| Diluted Shares Outstanding | 1.05M | 275.42K | 168.27K | 102.21K | 38.04K | 7.94K | 465 | 61 | 42 | 35 | 35 | 35 | 29 | 36 | 35.82K | 36 |
| Basic Shares Outstanding | 1.05M | 275.42K | 168.27K | 102.21K | 38.04K | 7.94K | 465 | 61 | 42 | 35 | 35 | 35 | 29 | 36 | 35.82K | 36 |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |