Interactive Strength (TRNR)

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Interactive Strength Inc. is a connected fitness company focused on interactive strength training and wellness services for the home market. The company develops and sells fitness products that combine hardware, software, and coaching, allowing users to participate in guided workouts without relying on a traditional gym setting. Its platform is designed around strength-based training, but it also addresses broader wellness goals that influence long-term fitness outcomes.

The company’s offering includes connected exercise equipment, digital memberships, and personal training services. Customers can use the platform to access structured training sessions, performance feedback, and coaching experiences that are intended to make at-home workouts more engaging and personalized. Interactive Strength also provides health coaching across areas such as nutrition, recovery, sleep, and lifestyle habits, positioning its service as more than a single-purpose workout device.

Revenue comes from several sources: sales of connected fitness products, recurring membership subscriptions, and personal training or coaching-related services. This model reflects the broader connected fitness industry, where hardware sales can create an installed base and subscriptions can support ongoing customer engagement. The company competes in a market that includes digital fitness apps, smart equipment makers, personal training platforms, and conventional gyms.

Interactive Strength stands out for its emphasis on strength training within a technology-enabled home fitness environment. Its business depends on consumer demand for premium fitness products, the quality of its content and coaching, customer retention, and its ability to convert equipment buyers into recurring subscribers. For investors and market observers, the company represents exposure to the evolving intersection of fitness equipment, digital content, wellness coaching, and subscription-based consumer services.

3.02 USD
+0.04 (+1.34%)

Last updated

Market Cap
$1,553,488
P/E
P/FCF
P/S
0.1
Enterprise Value
$17,670,488
Sector
Industry
Address
1005 CONGRESS AVENUE, AUSTIN, TX, 78701
Market Cap
$1,553,488
Enterprise Value
$17,670,488
P/E
P/B
0.27
P/S
0.1
EV / EBITDA
-1.3
EV / Sales
1.15
EPS
-54.65
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$9,642,000
ROE
-495.59%
ROA
-46.35%
Debt / Equity
3.68
Current Ratio
0.39
Quick Ratio
0.26
Cash
0.13
Avg Volume
$249,444
Fundamentals Snapshot Price
3.02

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 5.14M 4.14M 4.82M 1.22M 1.36M
Cost of revenue 3.53M 3.56M 3.99M 1.41M 1.66M
Gross profit 1.61M 584K 825K -194K -304K
Operating income -3.99M -1.69M -6.03M -5.82M -6.31M
EBITDA -3.14M -999K -5.27M -4.14M -5.4M
Net income -10.74M -9.96M -5.23M -2.18M -6.6M
Interest expense -1.53M -1.51M -4.02M -4.49M -1.76M
Other operating expenses 0 0 0 0 0
Total operating expenses 5.6M 2.28M 6.86M 5.63M 6.01M
Basic EPS -71.68 -253.19 -217.7 -149.1 -1,215.06
Diluted EPS -71.68 -253.19 -217.7 -149.1 -1,215.06

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 60.64M 46.84M 85.44M 86.24M 37.82M
Total liabilities 52.67M 38.15M 67.98M 69.97M 24.06M
Total equity 5.67M 6.39M 14.86M 16.27M 13.76M
Cash & equivalents 4.74M 512K 845K 582K 2.21M
Current assets 14.05M 14.7M 17.37M 12.71M 11.44M
Current liabilities 36.48M 31.29M 30.81M 22.21M 21.26M
Accounts payable 14.55M 13.83M 8.94M 4.67M 7.7M
Receivables 2.51M 9.21M 8.47M 7.65M 3.95M
Inventories 4.54M 3.75M 5.12M 2.56M 3.19M
Goodwill 20.64M 15.55M 15.14M 13.22M 13.22M
Long-term debt 4.56M 4.53M 34.01M 45.15M 1.88M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -2.59M -2.25M -2.42M -2.2M -3.55M
Investing cash flow 4.15M -247K -2.52M -48.78M -2.19M
Financing cash flow 2.71M 2.37M 2.94M 51.53M 7.77M
Change in cash 4.23M -333K -1.99M 625K 2.07M
Net income -10.74M -9.96M -5.23M -2.18M -6.6M
Kind Filing Date Link
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