Interactive Strength Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.6M
- Price
- $2.24
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.98%
- Volume
- 5.5K
About
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 cable-based digital resistance. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.
Quick stats
Shares outstanding1.6M
Computed float616.0K
Float / shares38.0%
Cash runway (months)0.1
Key info
SectorConsumer Cyclical
IndustrySpecialty Retail
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001785056
AI Summary
AI-generated1/37
standardbullishearnings
TRNR Publishes Q2 Shareholder Letter Highlighting Record Revenue, Gross Margins, and Adjusted EBITDA
Interactive Strength (TRNR) published a shareholder letter highlighting record Q2 2026 results, with gross margin of 48%, up sharply from 31% in the prior quarter.
Management guided Q3 2026 revenue of $7M-$8M with an Adjusted EBITDA loss under $0.5M, and expects pro forma FY2026 revenue above $50M including the pending STEPR acquisition, with Q4 Adjusted EBITDA profitability targeted.
The letter also flags a going-concern doubt, material internal-control weaknesses, substantial near-term debt maturities, and potential dilution from convertible securities.
Red flags
- substantial doubt regarding ability to continue as a going concern disclosed in periodic reports
- material weaknesses in internal control over financial reporting
- substantial indebtedness with amounts maturing within twelve months
- potential dilution from conversion/exchange of preferred stock, convertible notes, warrants