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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›TRNR›Financials
Annual statements · SEC XBRL · FY2022 – FY2025

Interactive Strength, Inc. (TRNR) financials

Income statement

Interactive Strength, Inc. (TRNR) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Revenue$681K$962K$5.38M$11.5M
Revenue growth—41.3%459.3%114.3%
Gross profit-$8.87M-$5.53M-$2.78M$913K
Gross margin-1302.2%-574.6%-51.6%7.9%
Operating income-$54.3M-$54.5M-$29.2M-$19.9M
Operating margin-7980.2%-5663.2%-542.5%-172.2%
Net income-$58.2M-$51.4M-$34.9M-$24.0M
Net margin-8549.9%-5340.2%-649.3%-207.9%
EPS (diluted)-$119.49-$16,614.85-$16,328.50-$171.77

Cash flow

Interactive Strength, Inc. (TRNR) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Operating cash flow-$35.5M-$15.4M-$14.8M-$10.4M
Capital expenditures$577K$0.00$0.00$94.0K
Free cash flow-$36.1M-$15.4M-$14.8M-$10.5M

Balance sheet

Interactive Strength, Inc. (TRNR) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024FY2025
Cash & equivalents$226K$0.00$138K$512K
Total assets$24.4M$16.8M$34.2M$46.8M
Total liabilities$27.2M$22.4M$27.1M$38.1M
Long-term debt—$9.81M$11.3M—
Shareholders' equity-$2.73M-$5.55M$7.12M$6.39M
Retained earnings-$116M-$167M-$203M-$228M
Shares (wtd avg diluted)487K3.09B2.14B140K

Every figure is extracted from Interactive Strength, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Interactive Strength, Inc.'s annual revenue?
Interactive Strength, Inc. (TRNR) reported $11.5M of revenue for fiscal year 2025 — up 114.3% from $5.38M in FY2024, per its annual report filed with the SEC.
Is Interactive Strength, Inc. profitable?
Not in FY2025 — TRNR reported a net loss of $24.0M, per SEC filings.
What is Interactive Strength, Inc.'s free cash flow?
-$10.5M in FY2025 (operating cash flow -$10.4M minus $94.0K of capital expenditures), from the SEC cash-flow statement.
Does TRNR pay a dividend?
Interactive Strength, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TRNR analysis — verdict, score & filings →Is TRNR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.