Interactive Strength Inc. (TRNR)

NASDAQ: TRNR · Real-Time Price · USD
0.8280
-0.2220 (-21.14%)
May 21, 2026, 10:26 AM EDT - Market open
Market Cap434.96K -90.8%
Revenue (ttm)11.53M +114.3%
Net Income-23.97M
EPS-171.77
Shares Out 525.31K
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume214,104
Open0.9620
Previous Close1.0500
Day's Range0.9330 - 1.0000
52-Week Range0.7506 - 126.0000
Beta0.50
AnalystsBuy
Price Target4.50 (+443.48%)
Earnings DateMay 20, 2026

About TRNR

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; indoor bikes that set the global standard in cycling under the Wattbike brand name; 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 ... [Read more]

IPO Date Apr 28, 2023
Employees 72
Stock Exchange NASDAQ
Ticker Symbol TRNR
Full Company Profile

Financial Performance

In 2025, Interactive Strength's revenue was $11.53 million, an increase of 114.31% compared to the previous year's $5.38 million. Losses were -$23.97 million, -31.39% less than in 2024.

Financial Statements

Analyst Summary

According to one analyst, the rating for TRNR stock is "Buy" and the 12-month stock price target is $4.5.

Price Target
$4.5
(443.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Interactive Strength sees FY26 pro forma group revenue more than $30M

TRNR confirms its 2026 full year guidance of more than $30 million in pro forma group revenue, driven by the full year inclusion of Wattbike and Ergatta. The Company’s 2026…

1 day ago - TheFly

Interactive Strength reports Q1 revenue $5.1M vs $1.4M last year

Trent Ward, CEO of TRNR, stated: “Q1 2026 is the clearest demonstration to date of our strategy of accretive M&A and operating discipline delivering on both ends of the income…

1 day ago - TheFly

Interactive Strength sees Q2 revenue $8M

The Company expects Q2 2026 revenue of approximately $8 million, reflecting the first full quarter of Ergatta consolidation alongside Wattbike. The Company expects Q2 2026 adjusted EBITDA loss of less...

1 day ago - TheFly

TRNR Reports Q1 2026 Results, Driven By 279% Revenue Growth; Confirms 2026 Pro Forma Revenue Guidance of More Than $30m

Q1 2026 Reported Revenue of $5.1 Million, with Pro Forma Revenue of $7.7 Million and Pro Forma Adjusted EBITDA (non-GAAP) Loss of $1.1 Million Company Provides Q2 2026 Guidance Of Approximately $8 Mil...

1 day ago - Accesswire

Interactive Strength reports preliminary Q1 revenue over $5M

One estimate $4.64M. Trent Ward, CEO of TRNR, stated: “We are excited to report the first set of financials that begin to consolidate Ergatta, and we wanted to provide notice…

7 days ago - TheFly

TRNR to Report Q1 2026 Results on May 20, 2026; Previews Preliminary Q1 Pro Forma Revenue of Approximately $7.7 Million

TRNR Preliminary Pro Forma Q1 26 Revenue is Expected to be approximately $7.7 million; Preliminary Reported Q1 2026 Revenue Expected to be More Than $5.0 Million, Reflecting 21 Days of Ergatta Consoli...

8 days ago - Accesswire

Interactive announces CLMBR has secured distribution through Rogue Fitness

Interactive Strength (TRNR) announced that CLMBR has secured distribution through the industry-leading Rogue Fitness brand and is now available for purchase on the Rogue Fitness online retail platform...

5 weeks ago - TheFly

TRNR's Secures Placement for CLMBR on Rogue Fitness, Expanding Access to New Customers on Industry-Leading Online Platform

Rogue is one of the most selective and trusted performance equipment platforms in the world - setting the standard for what serious training environments adopt Rogue is the official equipment supplier...

5 weeks ago - Accesswire

TRNR Publishes Q4 & Year-End 2025 Shareholder Letter Discussing Record Results & Expectations for 2026 Given Company Transformation

AUSTIN, TX / ACCESS Newswire / April 1, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME br...

7 weeks ago - Accesswire

Interactive Strength confirms FY26 guidance of $30M+ in pro forma revenue

TRNR confirmed its 2026 full year guidance of more than $30M in pro forma revenue, driven by the full-year consolidation of Wattbike and the addition of Ergatta, which closed March…

7 weeks ago - TheFly

TRNR Reports Record Full-Year 2025 Results, Driven by 114% Revenue Growth; Confirms 2026 Guidance of $30M+ in Pro Forma Revenue & $0.5M Stock Repurchase Program

Full-Year Net Loss of $24.0 Million; Full Year Adjusted EBITDA Loss of Approximately $9.6 Million 2025 Revenue would have been $20.7 Million if Wattbike had been Consolidated for the Full Year (Acquis...

7 weeks ago - Accesswire

Interactive Strength board authorizes $500,000 stock repurchase program

Interactive Strength (TRNR) Board of Directors has authorized a stock repurchase program of up to $500,000. The Company intends to repurchase shares of its common stock on the open market…

2 months ago - TheFly

TRNR Authorizes First Stock Repurchase Program; $500,000 Program Represents 20% Of Shares Outstanding at Last Closing Price

Guidance of more than $30 million in pro forma 2026 revenue and near-term profitability highlights TRNR share price opportunity Profit of more than $500,000 after expenses on Sportstech Loan repayment...

2 months ago - Accesswire

TRNR Exhibits at HFA 2026 with All Four Brands and Strong Leadership Presence

TRNR Now Operates Four Premium Fitness Brands Following Acquisition of Ergatta, Leading to Increased Guidance of more than $30 Million in 2026 Pro Forma Revenue Wattbike CEO Stephen Loftus and Newly A...

2 months ago - Accesswire

Interactive Strength sees FY26 pro forma revenue over $30M

09:10 EDT Interactive Strength (TRNR) sees FY26 pro forma revenue over $30M

2 months ago - TheFly

Interactive Strength completes acquisition of Ergatta

Interactive Strength (TRNR) completed its previously announced acquisition of Ergatta. Ergatta is a Brooklyn-based connected fitness company that pioneered game-based fitness content, building a stabl...

2 months ago - TheFly

Interactive Strength updates FAQs after loan recovery, legal settlement

Interactive Strength (TRNR)t had updated its FAQs in connection with its full loan recovery and successful legal settlement with Sportstech. The Company urges all shareholders to review the informatio...

2 months ago - TheFly

TRNR Updates FAQ'S Following Full Loan Recovery and Successful Legal Settlement with Sportstech

AUSTIN, TEXAS / ACCESS Newswire / March 5, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME...

2 months ago - Accesswire

Interactive Strength, Sportstech Brands enter settlement agreement

Sportstech Brands announced that the legal dispute between the company and Interactive Strength (TRNR) has been resolved. The parties have entered into a settlement agreement that fully and finally re...

2 months ago - TheFly

Sportstech Brands Holding GmbH Resolves Legal Dispute with Interactive Strength Inc. (Nasdaq: TRNR)

BERLIN, March 04, 2026 (GLOBE NEWSWIRE) -- Sportstech Brands Holding GmbH today announced that the legal dispute between the Company and Interactive Strength Inc. (Nasdaq: TRNR) has been resolved amic...

2 months ago - GlobeNewsWire

Interactive Strength announces loan recovery, Sportstech legal settlement

Interactive Strength (TRNR) announced that Sportstech Brands has repaid its outstanding loan obligations and resolved the related legal proceedings. Under the terms of the settlement, Sportstech paid ...

2 months ago - TheFly

TRNR Announces Full Loan Recovery and Successful Legal Settlement with Sportstech

German borrower has repaid full principal amount of $5.0M, plus interest and expense reimbursement of $1.4M TRNR generates financial return after legal and transaction expenses, providing financing to...

2 months ago - Accesswire

TRNR Wins Decisively in Berlin Court Against Sportstech's Claims

Berlin Regional Court dismisses conclusively all Sportstech claims across three attempted injunctions Court Orders Sportstech to Pay for the Cost of the Proceedings March 11 Auction of Sportstech Cont...

3 months ago - Accesswire

Interactive Strength provides commercial update on FORME PGA Show appearance

Interactive Strength (TRNR) published a commercial update on activities across the FORME and Wattbike brands and their expansion in both the golf and college verticals.

3 months ago - TheFly

Interactive Strength Inc trading halted, news pending

19:50 EST Interactive Strength (TRNR) Inc trading halted, news pending

3 months ago - TheFly