Symbols / TRNR
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 | 1.09M |
| Enterprise Value | 46.47M | 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 | 0.11 | P/B | 0.03 | P/C | — |
| EV/EBITDA | -2.42 | EV/Sales | 4.75 | Quick Ratio | 0.13 |
| Current Ratio | 0.56 | Debt/Eq | 315.10 | LT Debt/Eq | — |
| EPS (ttm) | 473.85 | 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 | 525.31K |
| Shs Float | 238.59K | Short Float | 2.35% | Short Ratio | 0.05 |
| Short Interest | — | 52W High | 39.60 | 52W Low | 0.21 |
| Beta | 0.30 | Avg Volume | 7.10M | Volume | 353.54K |
| Target Price | $22.50 | Recom | None | Prev Close | $2.30 |
| Price | $2.07 | Change | -10.00% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$22.50
Mean price target
2. Current target
$2.07
Latest analyst target
3. DCF / Fair value
$-623.97
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.07
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 |
- Shares +76%: TRNR Interactive Strength Inc. (NASDAQ) Pre-Market at $0.43, Watch Liquidity - Meyka ue, 24 Feb 2026 14
- Fitness equipment maker TRNR boosts 2026 sales target by 50% to $30M+ - Stock Titan Mon, 23 Feb 2026 15
- Interactive Strength Executes Reverse Split and Debt Reduction - TipRanks Wed, 25 Feb 2026 22
- Interactive Strength Inc. (Nasdaq:TRNR) Announces 1-for-10 Reverse Split - Hilton Head Island Packet Fri, 20 Feb 2026 14
- Why did TRNR stock plummet 32% today? - MSN Wed, 25 Feb 2026 01
- Interactive Strength to Acquire Ergatta in Cash and Preferred Stock Deal Up to $16.5 Million - TradingView Mon, 23 Feb 2026 22
- Fitness brand TRNR targets golfers and college programs with FORME, Wattbike - Stock Titan ue, 24 Feb 2026 14
- What's Going On With Interactive Strength Stock Thursday? - Interactive Strength (NASDAQ:TRNR) - Benzinga hu, 19 Feb 2026 10
- Pre Market: TRNR Interactive Strength NASDAQ +4.84% Feb 2026: Ergatta adds $30.00M - Meyka Fri, 20 Feb 2026 09
- Berlin judge clears TRNR to auction Sportstech shares over unpaid $7M - Stock Titan ue, 24 Feb 2026 20
- Interactive Strength Announces Ergatta Acquisition to Expand Platform - TipRanks Mon, 23 Feb 2026 22
- What's Behind The Dip In Interactive Strength Stock? - Benzinga Fri, 20 Feb 2026 16
- Game-based fitness Ergatta to join Interactive Strength in up to $19.5M deal - Stock Titan Wed, 18 Feb 2026 16
- Fitness brand TRNR projects 4x revenue as Wattbike Air-Pro gains in UK gyms - Stock Titan Fri, 16 Jan 2026 08
- Interactive Strength Inc. (NASDAQ:TRNR) Provides Update on Sportstech Transaction - Stock Titan Mon, 29 Dec 2025 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 | 21.39K | 354.00 | 358.00 | 358.00 |
| BasicAverageShares | 21.39K | 354.00 | 358.00 | 358.00 |
| DilutedEPS | -1.63K | -145.12K | -162.64K | -91.73K |
| BasicEPS | -1.63K | -145.12K | -162.64K | -91.73K |
| 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 | 140.21K | 354.00 | 358.00 | 358.00 |
| ShareIssued | 140.21K | 354.00 | 358.00 | 358.00 |
| 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 | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|