Interactive Strength, Inc.
TRNR
Analytical Summary
Interactive Strength, Inc. faces fundamental challenges with weakness in Operating Margin (%). The fundamentals warrant careful consideration of downside risks.
5-Year Financial Trajectory
AnnualBullish Indicators
- No bullish signals detected.
Bearish Risks
- Operating Margin (%)Operating Margin (%) is in the bottom quartile
- Profit Margin (%)Profit Margin (%) is in the bottom quartile
Health Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
114.3%
Excellent
↓
Excellent
Declining
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+3710%)
|
459.3%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+15208%)
|
41.3%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+1275%)
|
— | — |
| EPS Growth YoY (%) |
98.9%
Excellent
↑
Excellent
Improving
Year-over-year change in earnings per share
Optimal:
> 10%
|
1.7%
Caution
Caution
Year-over-year change in earnings per share
Optimal:
> 10%
|
-13804.8%
Weak
Weak
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — |
| Net Income Growth YoY (%) |
31.4%
Excellent
↑
Excellent
Improving
Year-over-year change in net income |
32.0%
Excellent
Excellent
Year-over-year change in net income |
11.8%
Fair
Fair
Year-over-year change in net income |
— | — |
| FCF Growth YoY (%) N/A | N/A | N/A | N/A | N/A | N/A |
| Revenue CAGR 3Y (%) |
156.8%
Excellent
Excellent
Compound annual revenue growth over 3 years |
— | — | — | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Operating Margin (%) (%) |
-172.2%
Weak
Weak
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-961%)
|
— | — | — | — |
| Effective Tax Rate (%) (%) |
0.0%
Excellent
→
Excellent
Stable
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.0%
Excellent
→
Excellent
Stable
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.0%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
0.0%
Excellent
Excellent
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— |
| Profit Margin (%) (%) |
-207.9%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-1832%)
|
— | — | — | — |
| FCF Margin (%) (%) N/A | N/A | N/A | N/A | N/A | N/A |
| FCF / Net Income (x) N/A | N/A | N/A | N/A | N/A | N/A |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Return on Invested Capital (%) |
-310.8%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-410.2%
Weak
↓
Weak
Declining
Return earned on debt + equity capital invested
Optimal:
> 10%
|
-1280.7%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
1988.5%
Excellent
Excellent
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— |
| Return on Capital (%) (%) |
-42.4%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-85.4%
Weak
↑
Weak
Improving
Operating profit relative to total assets
Optimal:
> 10%
|
-324.2%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
-222.3%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Debt to Equity (x) | — | — |
-1.77x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-236%)
|
— | — |
| Interest Coverage (x) | — |
-20.18x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— |
-57.09x
Weak
Weak
Operating income divided by interest expense
Optimal:
> 5x
|
— |
| Net Debt (USD) | $-512.00K | $-138.00K | $9.81M | $-226.00K | — |
| Debt / EBITDA (x) | — | — |
-0.18x
Excellent
Excellent
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — |
| Metric | FY 2025 Dec 31, 2025 10-K ↗ | FY 2024 Dec 31, 2024 10-K ↗ | FY 2023 Dec 31, 2023 10-K ↗ | FY 2022 Dec 31, 2022 10-K ↗ | FY 2021 Dec 31, 2021 10-K ↗ |
|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $11.53M | $5.38M | $962.00K | $681.00K | — |
| Depreciation Expense (USD) | $169.00K | $467.00K | $882.00K | $1.14M | — |
| Net Income, GAAP (USD) | $-23.97M | $-34.93M | $-51.37M | $-58.23M | — |
| Operating Cash Flow (USD) | $-10.41M | $-14.81M | $-15.43M | $-35.55M | — |
Secondary lens
Benchmark Lens
Compare TRNR against peers after checking the statement evidence.
Open lens
Benchmark Lens
Compare TRNR against peers after checking the statement evidence.
Signals
Key bullish and bearish indicators for TRNR
No bullish signals detected
Operating Margin (%) is in the bottom quartile
Profit Margin (%) is in the bottom quartile
Percentile Rankings
How TRNR compares to all companies
Peer Comparison
TRNR vs similar peers
Compare TRNR with peers
Stack TRNR against similar companies across every metric on this page.
north_east Open comparisonbar_chart Data from SEC EDGAR XBRL filings
Synced 1 week ago 5 years · 18 quarters