Company Analysis

Interactive Strength Inc. (TRNR)

Nasdaq: TRNR · Electronic & Other Electrical Equipment (No Computer Equip) · Austin, TX · filing with the SEC since 2019
Grade3.4
◀ Past 3.4● Present 2.5▶ Future 4.4
2 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022
Report filedMar 31, 2026Mar 31, 2025Apr 1, 2024·
Revenue11,5305,380962681
For lenders
Net interest income··-194-952
Cost of revenue10,6178,1586,4909,549
Gross profit913-2,778-5,528-8,868
Research and development2,9186,98810,04419,960
Sales and marketing2,2681,0801,6316,219
General and administrative15,58518,33937,27719,298
Total operating expenses20,77126,40748,95245,477
Operating income-19,858-29,185-54,480-54,345
Other income (expense), net-1,004-9561-4,036
Total non-operating income (expense)-4,110-5,7493,107-3,880
Income before income taxes-23,968-34,934-51,373-58,225
Income tax expense0000
Net income including non-controlling interests-23,968-34,934-51,373-58,225
Net income-23,968-34,934-51,373-58,225
Net income to common shareholders-23,968-34,934-51,373-58,225
Earnings per share, basic-171.77-16,328.50r-1,661,485.00rb-47,796,000.00b
Earnings per share, diluted-171.77-16,328.50r-1,661,485.00rb-47,796,000.00b
Weighted average shares, basic139,5362,139r31rb1b
Weighted average shares, diluted139,5362,139r31rb1b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-100 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton TRNR · research, not advice