Symbols / TRNR $1.40 -5.41%
TRNR Chart
About
Interactive Strength Inc., together with its subsidiaries, develops and sells specialty fitness equipment and virtual training for the commercial and at-home markets in the United States, Europe, and Asia. The company offers vertical climbing equipment and a digital training platform under the CLMBR brand; and hardware and digital fitness services under the FORME brand. It also provides Forme Studio, a fitness mirror; and Forme Studio Lift, a fitness mirror and cable-based digital resistance. In addition, the company offers video on-demand classes, personal training, and expert health coaching services. Further, it provides FORME Golf, a performance training program focused on helping golfers. The company sells its products through retail stores and online. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.
Fundamentals
Scroll to Statements| Sector | Consumer Cyclical | Industry | Personal Services | Market Cap | 2.52M |
| Enterprise Value | 46.33M | Income | -19.77M | Sales | 9.77M |
| Book/sh | 71.44 | Cash/sh | 3.54 | Dividend Yield | — |
| Payout | 0.00% | Employees | 26 | IPO | — |
| P/E | 0.00 | Forward P/E | — | PEG | — |
| P/S | 0.26 | P/B | 0.02 | P/C | — |
| EV/EBITDA | -2.42 | EV/Sales | 4.74 | Quick Ratio | 0.13 |
| Current Ratio | 0.56 | Debt/Eq | 315.10 | LT Debt/Eq | — |
| EPS (ttm) | 526.50 | EPS next Y | — | EPS Growth | — |
| Revenue Growth | 139.10% | Earnings | 2025-11-14 16:00 | ROA | -21.49% |
| ROE | -191.52% | ROIC | — | Gross Margin | -0.83% |
| Oper. Margin | -125.30% | Profit Margin | -202.31% | Shs Outstand | 2.03M |
| Shs Float | 238.59K | Short Float | 2.14% | Short Ratio | 0.02 |
| Short Interest | — | 52W High | 148.00 | 52W Low | 1.35 |
| Beta | 0.54 | Avg Volume | 806.74K | Volume | 66.89K |
| Target Price | $22.50 | Recom | None | Prev Close | $1.48 |
| Price | $1.40 | Change | -5.41% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$22.50
Mean price target
2. Current target
$1.40
Latest analyst target
3. DCF / Fair value
$-161.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.40
Low
$22.50
High
$22.50
Mean
$22.50
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-07-09 | init | Maxim Group | — → Buy | $15 |
| 2023-06-05 | init | Aegis Capital | — → Buy | $12 |
- Fitness brand TRNR, owner of Wattbike and CLMBR, now aims for $30M+ in 2026 - Stock Titan Fri, 13 Mar 2026 16
- Interactive Strength Inc. (TRNR) Announces Settlement With Sportstech Brands and Full Loan Repayment - Yahoo Finance hu, 12 Mar 2026 07
- TRNR Earning Date, Earning Analysis and Earning Prediction - Intellectia AI Mon, 16 Mar 2026 11
- Why Did TRNR Stock Plummet 32% Today? - Stocktwits Fri, 20 Feb 2026 08
- Interactive Strength (NASDAQ: TRNR) closes Ergatta acquisition with cash and preferred stock - Stock Titan Mon, 16 Mar 2026 20
- Interactive Strength Completes Ergatta Merger with Equity Incentives - TipRanks Mon, 16 Mar 2026 21
- Shareholder Letter - Interactive Strength, Inc. Fri, 20 Feb 2026 08
- Interactive Strength Executes Reverse Split and Debt Reduction - The Globe and Mail hu, 26 Feb 2026 08
- Shares +76%: TRNR Interactive Strength Inc. (NASDAQ) Pre-Market at $0.43, Watch Liquidity - Meyka ue, 24 Feb 2026 08
- Interactive Strength Closes on Ergatta Acquisition Deal - SGB Media Online Wed, 11 Mar 2026 20
- Game-based fitness startup Ergatta sold in deal valuing it up to $19.5M - Stock Titan Wed, 11 Mar 2026 13
- Reverse split and loan enforcement: TRNR CEO outlines road ahead - Stock Titan Fri, 20 Feb 2026 08
- Fitness equipment maker TRNR wins $6.4M payback to fuel $30M 2026 plan - Stock Titan Wed, 04 Mar 2026 08
- Fitness gear maker TRNR enacts 1-for-10 reverse split to keep Nasdaq listing - Stock Titan Fri, 20 Feb 2026 08
- Fitness equipment maker TRNR boosts 2026 sales target by 50% to $30M+ - Stock Titan Mon, 23 Feb 2026 08
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 2.55K | 1.41K | 110.80 | 1.40M |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.27 |
| NormalizedEBITDA | -29.57M | -47.95M | -51.65M | -34.90M |
| TotalUnusualItems | 8.48M | 4.69M | 1.11M | 5.19M |
| TotalUnusualItemsExcludingGoodwill | 8.48M | 4.69M | 1.11M | 5.19M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -34.93M | -51.37M | -58.23M | -32.84M |
| ReconciledDepreciation | 6.13M | 6.53M | 6.73M | 2.19M |
| ReconciledCostOfRevenue | 8.16M | 6.49M | 9.55M | 5.17M |
| EBITDA | -21.08M | -43.26M | -50.54M | -29.71M |
| EBIT | -27.21M | -49.78M | -57.27M | -31.90M |
| NetInterestIncome | -7.73M | -1.59M | -952.00K | -935.00K |
| InterestExpense | 7.73M | 1.59M | 952.00K | 935.00K |
| NormalizedIncome | -43.42M | -56.07M | -59.33M | -36.63M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -34.93M | -51.37M | -58.23M | -32.84M |
| TotalExpenses | 34.56M | 55.44M | 55.03M | 37.47M |
| TotalOperatingIncomeAsReported | -29.18M | -54.48M | -54.34M | -37.15M |
| DilutedAverageShares | 2.14K | 35.00 | 35.00 | 35.00 |
| BasicAverageShares | 2.14K | 35.00 | 35.00 | 35.00 |
| DilutedEPS | -16.33K | -1.47M | -1.66M | -938.29K |
| BasicEPS | -16.33K | -1.47M | -1.66M | -938.29K |
| DilutedNIAvailtoComStockholders | -34.93M | -51.37M | -58.23M | -32.84M |
| NetIncomeCommonStockholders | -34.93M | -51.37M | -58.23M | -32.84M |
| NetIncome | -34.93M | -51.37M | -58.23M | -32.84M |
| NetIncomeIncludingNoncontrollingInterests | -34.93M | -51.37M | -58.23M | -32.84M |
| NetIncomeContinuousOperations | -34.93M | -51.37M | -58.23M | -32.84M |
| TaxProvision | 0.00 | 0.00 | 0.00 | 4.00K |
| PretaxIncome | -34.93M | -51.37M | -58.23M | -32.84M |
| OtherIncomeExpense | 1.98M | 4.70M | -2.93M | 5.25M |
| OtherNonOperatingIncomeExpenses | -6.51M | 1.00K | -4.04M | 52.00K |
| SpecialIncomeCharges | -227.00K | 2.60M | 523.00K | 0.00 |
| OtherSpecialCharges | 1.53M | -2.60M | -523.00K | -4.94M |
| RestructuringAndMergernAcquisition | -1.30M | 0.00 | ||
| GainOnSaleOfSecurity | 8.71M | 2.10M | 585.00K | 5.19M |
| NetNonOperatingInterestIncomeExpense | -7.73M | -1.59M | -952.00K | -935.00K |
| InterestExpenseNonOperating | 7.73M | 1.59M | 952.00K | 935.00K |
| OperatingIncome | -29.18M | -54.48M | -54.34M | -37.15M |
| OperatingExpense | 26.41M | 48.95M | 45.48M | 32.30M |
| ResearchAndDevelopment | 6.99M | 10.04M | 19.96M | 16.30M |
| SellingGeneralAndAdministration | 19.42M | 38.91M | 25.52M | 16.00M |
| SellingAndMarketingExpense | 1.08M | 1.63M | 6.22M | 6.57M |
| GeneralAndAdministrativeExpense | 18.34M | 37.28M | 19.30M | 9.44M |
| OtherGandA | 18.34M | 37.28M | 19.30M | 9.44M |
| GrossProfit | -2.78M | -5.53M | -8.87M | -4.84M |
| CostOfRevenue | 8.16M | 6.49M | 9.55M | 5.17M |
| TotalRevenue | 5.38M | 962.00K | 681.00K | 323.00K |
| OperatingRevenue | 5.38M | 962.00K | 681.00K | 323.00K |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 14.02K | 35.00 | 35.00 | 35.00 |
| ShareIssued | 14.02K | 35.00 | 35.00 | 35.00 |
| NetDebt | 11.18M | 9.81M | 10.75M | 5.75M |
| TotalDebt | 11.75M | 10.09M | 11.09M | 7.45M |
| TangibleBookValue | -14.35M | -10.70M | -9.17M | -30.68M |
| InvestedCapital | 18.43M | 4.25M | 8.24M | -12.22M |
| WorkingCapital | -18.66M | -16.18M | -14.35M | -2.62M |
| NetTangibleAssets | -14.35M | -10.70M | -9.17M | -30.68M |
| CapitalLeaseObligations | 431.00K | 283.00K | 115.00K | 0.00 |
| CommonStockEquity | 7.11M | -5.55M | -2.73M | -19.66M |
| PreferredStockEquity | 1.00K | 29.73M | ||
| TotalCapitalization | 7.12M | -5.55M | -2.73M | -19.14M |
| TotalEquityGrossMinorityInterest | 7.12M | -5.55M | -2.73M | -19.66M |
| StockholdersEquity | 7.12M | -5.55M | -2.73M | -19.66M |
| GainsLossesNotAffectingRetainedEarnings | 183.00K | 100.00K | 365.00K | -159.00K |
| OtherEquityAdjustments | 183.00K | 100.00K | 365.00K | -159.00K |
| RetainedEarnings | -202.59M | -166.91M | -115.54M | -57.31M |
| AdditionalPaidInCapital | 209.51M | 161.25M | 112.44M | 37.81M |
| CapitalStock | 9.00K | 7.00K | 4.00K | 3.00K |
| CommonStock | 8.00K | 7.00K | 4.00K | 3.00K |
| PreferredStock | 1.00K | 0.00 | 29.73M | |
| TotalLiabilitiesNetMinorityInterest | 27.05M | 22.35M | 27.18M | 41.73M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 174.00K | 820.00K | 3.01M | 30.25M |
| PreferredSecuritiesOutsideStockEquity | 0.00 | 29.73M | ||
| DerivativeProductLiabilities | 4.00K | 591.00K | 3.00M | 0.00 |
| LongTermDebtAndCapitalLeaseObligation | 170.00K | 229.00K | 9.00K | 520.00K |
| LongTermCapitalLeaseObligation | 170.00K | 229.00K | 9.00K | 0.00 |
| LongTermDebt | 520.00K | |||
| CurrentLiabilities | 26.88M | 21.53M | 24.17M | 11.48M |
| OtherCurrentLiabilities | 643.00K | 122.00K | 520.00K | 295.00K |
| CurrentDeferredLiabilities | 212.00K | 123.00K | 546.00K | 15.00K |
| CurrentDeferredRevenue | 212.00K | 123.00K | 546.00K | 15.00K |
| CurrentDebtAndCapitalLeaseObligation | 11.58M | 9.86M | 11.08M | 6.93M |
| CurrentCapitalLeaseObligation | 261.00K | 54.00K | 106.00K | 0.00 |
| CurrentDebt | 11.32M | 9.81M | 10.98M | 6.93M |
| OtherCurrentBorrowings | 2.75M | 904.00K | 4.27M | 6.93M |
| CurrentNotesPayable | 8.57M | 8.90M | 6.71M | 0.00 |
| PensionandOtherPostRetirementBenefitPlansCurrent | 155.00K | 25.00K | 145.00K | 223.00K |
| PayablesAndAccruedExpenses | 14.29M | 11.40M | 12.39M | 4.02M |
| CurrentAccruedExpenses | 3.12M | 835.00K | 4.64M | 1.90M |
| Payables | 11.18M | 10.57M | 7.75M | 2.12M |
| TotalTaxPayable | 7.00K | 7.00K | 7.00K | 1.00K |
| IncomeTaxPayable | 7.00K | 7.00K | 7.00K | 0.00 |
| AccountsPayable | 11.17M | 10.56M | 7.74M | 2.11M |
| TotalAssets | 34.17M | 16.80M | 24.45M | 22.07M |
| TotalNonCurrentAssets | 25.95M | 11.45M | 14.62M | 13.21M |
| OtherNonCurrentAssets | 3.64M | 5.26M | 4.41M | 9.00K |
| NonCurrentPrepaidAssets | 310.00K | 309.00K | 0.00 | 0.00 |
| NonCurrentDeferredAssets | 0.00 | 2.34M | 0.00 | |
| GoodwillAndOtherIntangibleAssets | 21.47M | 5.15M | 6.44M | 11.01M |
| OtherIntangibleAssets | 8.25M | 5.15M | 6.44M | 11.01M |
| Goodwill | 13.22M | 0.00 | ||
| NetPPE | 531.00K | 727.00K | 1.44M | 2.19M |
| AccumulatedDepreciation | -3.39M | -2.93M | -2.04M | -966.00K |
| GrossPPE | 3.92M | 3.65M | 3.48M | 3.16M |
| Leases | 186.00K | 113.00K | 113.00K | 113.00K |
| OtherProperties | 3.51M | 3.38M | 3.20M | 2.77M |
| MachineryFurnitureEquipment | 229.00K | 163.00K | 163.00K | 268.00K |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 8.22M | 5.36M | 9.82M | 8.86M |
| OtherCurrentAssets | 46.00K | 246.00K | 178.00K | |
| PrepaidAssets | 2.30M | 1.97M | 4.10M | 5.11M |
| Inventory | 3.87M | 2.61M | 4.57M | 2.06M |
| FinishedGoods | 3.87M | 2.61M | 4.57M | 2.06M |
| Receivables | 1.86M | 537.00K | 750.00K | -7.00K |
| OtherReceivables | 20.00K | 20.00K | ||
| TaxesReceivable | 419.00K | 516.00K | 750.00K | -7.00K |
| AccountsReceivable | 1.43M | 1.00K | 0.00 | |
| CashCashEquivalentsAndShortTermInvestments | 138.00K | 0.00 | 226.00K | 1.70M |
| CashAndCashEquivalents | 138.00K | 0.00 | 226.00K | 1.70M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -15.02M | -16.85M | -43.15M | -50.62M |
| RepaymentOfDebt | -3.46M | -2.94M | -1.39M | -1.89M |
| IssuanceOfDebt | 6.69M | 7.33M | 10.53M | 16.24M |
| IssuanceOfCapitalStock | 13.28M | 15.07M | 32.62M | 34.58M |
| CapitalExpenditure | -212.00K | -1.42M | -7.61M | -12.36M |
| InterestPaidSupplementalData | 1.45M | 0.00 | ||
| EndCashPosition | 138.00K | 0.00 | 226.00K | 1.70M |
| BeginningCashPosition | 0.00 | 226.00K | 1.70M | 11.00K |
| EffectOfExchangeRateChanges | 286.00K | -483.00K | -91.00K | -151.00K |
| ChangesInCash | -148.00K | 257.00K | -1.38M | 1.84M |
| FinancingCashFlow | 16.34M | 17.11M | 41.77M | 52.45M |
| CashFlowFromContinuingFinancingActivities | 16.34M | 17.11M | 41.77M | 52.45M |
| NetOtherFinancingCharges | -250.00K | -2.38M | 3.48M | |
| ProceedsFromStockOptionExercised | 92.00K | 30.00K | 12.00K | 49.00K |
| NetPreferredStockIssuance | 0.00 | 30.00M | 30.48M | |
| PreferredStockIssuance | 0.00 | 30.00M | 30.48M | |
| NetCommonStockIssuance | 13.28M | 15.07M | 2.63M | 4.10M |
| CommonStockIssuance | 13.28M | 15.07M | 2.63M | 4.10M |
| NetIssuancePaymentsOfDebt | 3.22M | 4.39M | 9.14M | 14.35M |
| NetShortTermDebtIssuance | 3.22M | 4.39M | 9.21M | 13.83M |
| ShortTermDebtPayments | -3.46M | -2.94M | -1.32M | -1.89M |
| ShortTermDebtIssuance | 6.69M | 7.33M | 10.53M | 15.72M |
| NetLongTermDebtIssuance | 0.00 | -69.00K | 520.00K | |
| LongTermDebtPayments | 0.00 | -69.00K | 0.00 | |
| LongTermDebtIssuance | 0.00 | 520.00K | ||
| InvestingCashFlow | -1.68M | -1.42M | -7.61M | -12.36M |
| CashFlowFromContinuingInvestingActivities | -1.68M | -1.42M | -7.61M | -12.36M |
| NetBusinessPurchaseAndSale | -1.46M | 0.00 | ||
| PurchaseOfBusiness | -1.46M | 0.00 | ||
| NetIntangiblesPurchaseAndSale | -212.00K | -1.42M | -7.03M | -9.74M |
| PurchaseOfIntangibles | -212.00K | -1.42M | -7.03M | -9.74M |
| NetPPEPurchaseAndSale | 0.00 | -577.00K | -2.62M | |
| PurchaseOfPPE | 0.00 | -577.00K | -2.62M | |
| OperatingCashFlow | -14.81M | -15.43M | -35.55M | -38.26M |
| CashFlowFromContinuingOperatingActivities | -14.81M | -15.43M | -35.55M | -38.26M |
| ChangeInWorkingCapital | -1.52M | 699.00K | 2.49M | -6.12M |
| ChangeInOtherWorkingCapital | -101.00K | 48.00K | 14.00K | 15.00K |
| ChangeInOtherCurrentLiabilities | -294.00K | -83.00K | -585.00K | 0.00 |
| ChangeInOtherCurrentAssets | 30.00K | -9.00K | 3.00K | 292.00K |
| ChangeInPayablesAndAccruedExpense | -762.00K | 563.00K | 5.42M | 44.00K |
| ChangeInAccruedExpense | 211.00K | -1.52M | 1.49M | 1.23M |
| ChangeInPayable | -973.00K | 2.08M | 3.93M | -1.18M |
| ChangeInAccountPayable | -973.00K | 2.08M | 3.93M | -1.18M |
| ChangeInPrepaidAssets | 85.00K | 1.97M | 80.00K | -3.06M |
| ChangeInInventory | 1.57M | -1.79M | -2.44M | -3.41M |
| ChangeInReceivables | -2.05M | -1.00K | 0.00 | |
| ChangesInAccountReceivables | -2.05M | -1.00K | 0.00 | |
| OtherNonCashItems | 6.05M | 1.97M | 845.00K | -3.96M |
| StockBasedCompensation | 10.25M | 29.94M | 6.35M | 1.16M |
| ProvisionandWriteOffofAssets | 354.00K | 825.00K | 904.00K | 1.37M |
| AssetImpairmentCharge | 0.00 | 2.27M | 0.00 | |
| DepreciationAmortizationDepletion | 6.13M | 6.53M | 6.73M | 2.19M |
| DepreciationAndAmortization | 6.13M | 6.53M | 6.73M | 2.19M |
| AmortizationCashFlow | 5.66M | 5.64M | 5.00M | 1.44M |
| AmortizationOfIntangibles | 5.66M | 5.64M | 5.00M | 1.44M |
| Depreciation | 467.00K | 882.00K | 1.73M | 747.00K |
| OperatingGainsLosses | -1.15M | -4.02M | 3.08M | -54.00K |
| GainLossOnInvestmentSecurities | -2.59M | -1.69M | 3.00M | |
| NetForeignCurrencyExchangeGainLoss | -86.00K | 265.00K | 422.00K | -54.00K |
| GainLossOnSaleOfPPE | 0.00 | 181.00K | 0.00 | |
| NetIncomeFromContinuingOperations | -34.93M | -51.37M | -58.23M | -32.84M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for TRNR
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|