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INTERACTIVE STRENGTH INC (TRNR) Stock Fundamental Analysis

USA - NASDAQ:TRNR - US45840Y4017 - Common Stock

3.42 USD
-0.1 (-2.84%)
Last: 9/23/2025, 8:17:09 PM
3.44 USD
+0.02 (+0.58%)
After Hours: 9/23/2025, 8:17:09 PM
Fundamental Rating

1

Overall TRNR gets a fundamental rating of 1 out of 10. We evaluated TRNR against 33 industry peers in the Leisure Products industry. TRNR may be in some trouble as it scores bad on both profitability and health. TRNR is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year TRNR has reported negative net income.
TRNR had a negative operating cash flow in the past year.
TRNR had negative earnings in each of the past 5 years.
In the past 5 years TRNR always reported negative operating cash flow.
TRNR Yearly Net Income VS EBIT VS OCF VS FCFTRNR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -10M -20M -30M -40M -50M

1.2 Ratios

Looking at the Return On Assets, with a value of -25.15%, TRNR is doing worse than 72.73% of the companies in the same industry.
With a Return On Equity value of -133.26%, TRNR is not doing good in the industry: 84.85% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -25.15%
ROE -133.26%
ROIC N/A
ROA(3y)-215.39%
ROA(5y)-197.2%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TRNR Yearly ROA, ROE, ROICTRNR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 1K -1K 2K -2K

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for TRNR so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TRNR Yearly Profit, Operating, Gross MarginsTRNR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 -2K -4K -6K -8K -10K

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2. Health

2.1 Basic Checks

TRNR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TRNR has more shares outstanding
Compared to 1 year ago, TRNR has an improved debt to assets ratio.
TRNR Yearly Shares OutstandingTRNR Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50K 100K
TRNR Yearly Total Debt VS Total AssetsTRNR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 10M 20M 30M

2.2 Solvency

TRNR has an Altman-Z score of -4.33. This is a bad value and indicates that TRNR is not financially healthy and even has some risk of bankruptcy.
TRNR's Altman-Z score of -4.33 is on the low side compared to the rest of the industry. TRNR is outperformed by 93.94% of its industry peers.
A Debt/Equity ratio of 2.77 is on the high side and indicates that TRNR has dependencies on debt financing.
TRNR's Debt to Equity ratio of 2.77 is on the low side compared to the rest of the industry. TRNR is outperformed by 84.85% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.77
Debt/FCF N/A
Altman-Z -4.33
ROIC/WACCN/A
WACC12.46%
TRNR Yearly LT Debt VS Equity VS FCFTRNR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 -20M -40M

2.3 Liquidity

TRNR has a Current Ratio of 0.67. This is a bad value and indicates that TRNR is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of TRNR (0.67) is worse than 87.88% of its industry peers.
TRNR has a Quick Ratio of 0.67. This is a bad value and indicates that TRNR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.56, TRNR is not doing good in the industry: 81.82% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.67
Quick Ratio 0.56
TRNR Yearly Current Assets VS Current LiabilitesTRNR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

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6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 98.46% over the past year.
Looking at the last year, TRNR shows a very strong growth in Revenue. The Revenue has grown by 373.32%.
Measured over the past years, TRNR shows a very strong growth in Revenue. The Revenue has been growing by 155.38% on average per year.
EPS 1Y (TTM)98.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%99.99%
Revenue 1Y (TTM)373.32%
Revenue growth 3Y155.38%
Revenue growth 5YN/A
Sales Q2Q%105.64%

3.2 Future

The Earnings Per Share is expected to decrease by -62.90% on average over the next years. This is quite bad
The Revenue is expected to grow by 130.71% on average over the next years. This is a very strong growth
EPS Next Y-317.32%
EPS Next 2Y-62.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year130.76%
Revenue Next 2Y130.71%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
TRNR Yearly Revenue VS EstimatesTRNR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 20M 40M 60M 80M
TRNR Yearly EPS VS EstimatesTRNR Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 -2K -4K -6K -8K -10K

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4. Valuation

4.1 Price/Earnings Ratio

TRNR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year TRNR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TRNR Price Earnings VS Forward Price EarningsTRNR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TRNR Per share dataTRNR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -500 -1K -1.5K

4.3 Compensation for Growth

A cheap valuation may be justified as TRNR's earnings are expected to decrease with -62.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-62.9%
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

No dividends for TRNR!.
Industry RankSector Rank
Dividend Yield N/A

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INTERACTIVE STRENGTH INC

NASDAQ:TRNR (9/23/2025, 8:17:09 PM)

After market: 3.44 +0.02 (+0.58%)

3.42

-0.1 (-2.84%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)08-14 2025-08-14/amc
Earnings (Next)N/A N/A
Inst Owners1.34%
Inst Owner Change-91.02%
Ins Owners0%
Ins Owner Change0%
Market Cap5.30M
Analysts82.5
Price Target11.73 (242.98%)
Short Float %4.74%
Short Ratio0.3
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-23.33%
PT rev (3m)-80.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-386.87%
Revenue NQ rev (1m)-14.29%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)49.04%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.76
P/FCF N/A
P/OCF N/A
P/B 0.33
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-1627.36
EYN/A
EPS(NY)-15.16
Fwd EYN/A
FCF(TTM)-39.39
FCFYN/A
OCF(TTM)-9.93
OCFYN/A
SpS4.5
BVpS10.5
TBVpS-1.43
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -25.15%
ROE -133.26%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-215.39%
ROA(5y)-197.2%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 2.77
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.67
Quick Ratio 0.56
Altman-Z -4.33
F-Score5
WACC12.46%
ROIC/WACCN/A
Cap/Depr(3y)49.7%
Cap/Depr(5y)625.55%
Cap/Sales(3y)422.9%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)98.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%99.99%
EPS Next Y-317.32%
EPS Next 2Y-62.9%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)373.32%
Revenue growth 3Y155.38%
Revenue growth 5YN/A
Sales Q2Q%105.64%
Revenue Next Year130.76%
Revenue Next 2Y130.71%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y37.91%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-266.46%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y10.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.99%
OCF growth 3YN/A
OCF growth 5YN/A