InsiderClue
Stocks · Technology · Electronic & Other Electrical Equipment (No Computer Equip)

Interactive Strength, Inc.

TRNR Clue Score45
United States Fiscal year ends December CIK 0001785056
$2.09 -0.48% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $2.09 +77.12% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 28 Apr 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2022Revenue0.7Operating income−54.3Net income−58.2EPS, diluted−119.49Fiscal year 2023Revenue1.0 +41.3%Operating income−54.5Net income−51.4EPS, diluted−16,614.85Fiscal year 2024Revenue5.4 +459.3%Operating income−29.2Net income−34.9EPS, diluted−16,328.50Fiscal year 2025Revenue11.5 +114.3%Operating income−19.9Net income−24.0EPS, diluted−171.77
FY2022FY2023FY2024FY2025
Revenue 0.7 1.0 5.4 11.5
Growth +41.3% +459.3% +114.3%
Operating income −54.3 −54.5 −29.2 −19.9
Net income −58.2 −51.4 −34.9 −24.0
Growth
EPS, diluted −119.49 −16,614.85 −16,328.50 −171.77

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2022Gross margin−1,302.2%Operating margin−7,980.2%Net margin−8,549.9%Free cash flow margin−5,304.3%Fiscal year 2023Gross margin−574.6%Operating margin−5,663.2%Net margin−5,340.2%Free cash flow margin−1,603.6%Fiscal year 2024Gross margin−51.6%Operating margin−542.5%Net margin−649.3%Free cash flow margin−275.3%Fiscal year 2025Gross margin7.9%Operating margin−172.2%Net margin−207.9%Free cash flow margin−91.1%
FY2022FY2023FY2024FY2025
Gross margin −1,302.2% −574.6% −51.6% 7.9%
Operating margin −7,980.2% −5,663.2% −542.5% −172.2%
Net margin −8,549.9% −5,340.2% −649.3% −207.9%
Free cash flow margin −5,304.3% −1,603.6% −275.3% −91.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2022Operating cash flow−35.5Capital expenditure−0.6Free cash flow−36.1Fiscal year 2023Operating cash flow−15.4Capital expenditure0.0Free cash flow−15.4Fiscal year 2024Operating cash flow−14.8Capital expenditure0.0Free cash flow−14.8Fiscal year 2025Operating cash flow−10.4Capital expenditure−0.1Free cash flow−10.5
FY2022FY2023FY2024FY2025
Operating cash flow −35.5 −15.4 −14.8 −10.4
Capital expenditure −0.6 0.0 0.0 −0.1
Free cash flow −36.1 −15.4 −14.8 −10.5
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash0.2Shareholders’ equity−2.7Fiscal year 2023Cash0.0Total debt9.9Net cash (debt)−9.9Shareholders’ equity−5.6Fiscal year 2024Cash0.1Total debt11.3Net cash (debt)−11.2Shareholders’ equity7.1Debt to equity1.59Fiscal year 2025Cash0.5Shareholders’ equity6.4
FY2022FY2023FY2024FY2025
Cash 0.2 0.0 0.1 0.5
Total debt n/a 9.9 11.3 n/a
Net cash (debt) n/a −9.9 −11.2 n/a
Shareholders’ equity −2.7 −5.6 7.1 6.4
Debt to equity n/a n/a 1.59 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−1,302.2% −574.6% −51.6% 7.9%
−7,980.2% −5,663.2% −542.5% −172.2%
−8,549.9% −5,340.2% −649.3% −207.9%
−8,549.9% −5,340.2% −649.3% −207.9%
−5,304.3% −1,603.6% −275.3% −91.1%
Spending
2,931.0% 1,044.1% 129.9% 25.3%
2,833.8% 3,874.9% 340.9% 135.2%
84.7% 0.0% 0.0% 0.8%
Returns
n/a n/a −491.0% −375.1%
−238.2% −305.8% −102.2% −51.2%
Balance and payout
n/a n/a 1.59 n/a
111.2% 133.0% 79.2% 81.4%