TRNR (Interactive Strength Inc.) Stock Financials & Earnings

TRNRInteractive Strength Inc.

Mkt Cap$224441

Revenue (TTM)$10M

Net Income (TTM)-$20M

EPS (TTM)-$142.40

Free Cash Flow (TTM)-$59M

Gross Margin-0.8%

Op. Margin-228.0%

Net Margin-202.4%

FCF Margin-608.0%

P/S Ratio (TTM)0.0x

P/E Ratio (TTM)—

YoY Rev Growth+207.2%

Employees—

Earnings Reports

Next: Q4 2025 · Mar 13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$194K	-$3M	-$16M
Q1 23	$157K	-$2M	-$21M
Q2 23	$316K	-$1M	-$12M
Q3 23	$306K	-$1M	-$10M
Q4 23	$183K	-$2M	-$11M
Q1 24	$363K	-$1M	-$9M
Q2 24	$621K	-$880K	-$8M
Q3 24	$2M	-$288K	-$8M
Q4 24	$2M	-$410K	-$4M
Q1 25	$1M	-$304K	-$6M
Q2 25	$1M	-$194K	-$6M
Q3 25	$5M	$825K	-$6M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 22	$5M	$8M	$1M
Q1 23	$3M	$16M	$600K
Q2 23	$2M	$8M	$591K
Q3 23	$2M	$6M	$282K
Q4 23	$2M	$7M	$158K
Q1 24	$2M	$6M	$256K
Q2 24	$2M	$4M	$112K
Q3 24	$2M	$5M	$194K
Q4 24	$279K	$3M	$518K
Q1 25	$1M	$4M	$250K
Q2 25	$779K	$5M	$211K
Q3 25	$404K	$6M	$460K

Revenue by Geography

Quarter	Asia	Europe	Other Countries	United States
Q3 25	$393K	$3M	$293K	$987K

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$226K	$0	$226K
Q1 23	$1M	$0	$1M
Q2 23	$1M	$0	$1M
Q3 23	$30K	$0	$30K
Q4 23	$0	$0	$0
Q1 24	$0	$0	$0
Q2 24	$156K	$0	$156K
Q3 24	$2M	$0	$2M
Q4 24	$138K	$0	$138K
Q1 25	$2M	$0	$2M
Q2 25	$582K	$0	$582K
Q3 25	$845K	$0	$845K

Shares Outstanding

Revenue Per Employee

Revenue / Employee