INTERACTIVE STRENGTH INC (TRNR)
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$2.900.00%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
QuarterlyIQ Insights · TRNR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Close the STEPR acquisition in Q4 2026 and integrate its profitable, growing connected stair climbing business to expand TRNR's multi-brand fitness platform.
Newly stated in 2026-Q2. TRNR announced the STEPR acquisition expected to close in Q4 2026, with STEPR contributing to raising 2026 pro forma revenue guidance above $50 million. Revenue grew from $4.1M in 2025-Q4 to $6.6M in 2026-Q2, reflecting growth but the acquisition is pending closing. The trajectory is early stage but aligned with management's stated growth strategy.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 56% of the time over the next year (vs 53% for the rest of the cohort, n=5213).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“TRNR signed definitive agreement to acquire STEPR, expected to close in Q4 2026, raising 2026 pro forma revenue guidance to more than $50 million.”
Increase 2026 pro forma revenue guidance from over $30 million to more than $50 million, reflecting growth and acquisitions.
Stated in 3 of last 3 quarters. Management raised 2026 pro forma revenue guidance from over $30 million early in 2026 to more than $50 million by mid-2026. Actual revenue grew from $4.1M in 2025-Q4 to $6.6M in 2026-Q2, supporting the upward guidance revision. The trajectory is delivering consistent growth and upward guidance revisions.
“TRNR is raising its 2026 pro forma revenue guidance to more than $50 million.”
“Executing against our 2026 pro forma revenue guidance of more than $30 million.”
“TRNR expected to generate more than $30 million in 2026 Pro Forma Revenue.”
Focus on improving operating income and gross profit margins across the portfolio to move toward profitability.
Stated as a priority in 5 of last 5 quarters. Operating income improved from negative $5.8M in 2025-Q2 to negative $3.4M in 2026-Q2, and gross profit improved from negative $0.2M to $3.2M over the same period. Despite ongoing losses, the trajectory shows progress toward improved profitability, matching management's stated focus on cost and margin improvement.
“Operating income was negative $3.4 million, gross profit improved to $3.2 million.”
“Operating income was negative $4.0 million, gross profit was $1.6 million.”
“Operating income was negative $1.7 million, gross profit was $0.6 million.”
“Operating income was negative $6.0 million, gross profit was $0.8 million.”
“Operating income was negative $5.8 million, gross profit was negative $0.2 million.”
Manage capital allocation prudently, including equity sales and financing arrangements, to support growth and liquidity.
Stated in 3 of last 3 quarters. Management has actively engaged in equity transactions including unregistered sales of preferred stock and promissory notes, and declared dividends in kind to manage capital. These actions reflect ongoing capital allocation discipline to support growth and liquidity, consistent with management's disclosures.
“Entered into Exchange Agreements with holders of Series A Convertible Preferred Stock and promissory notes.”
“Declared dividend in kind on Series A Preferred Stock, issuing 281,344 shares.”
“Entered into credit agreement and other financing arrangements to support operations.”
Finalize and integrate the acquisition of Ergatta, Inc. to expand Interactive Strength's market presence and product offerings.
Over the trailing year it converted 0.00x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
80 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Consumer Discretionary names rated volatile grew net income 59% of the time over the next year (vs 48% for the rest of the cohort, n=1937).
Not investment advice. As of 2026-09-04.