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INTERACTIVE STRENGTH INC (TRNR) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:TRNR - US45840Y4017 - Common Stock

2.28 USD
-0.01 (-0.44%)
Last: 11/26/2025, 5:20:01 PM
2.282 USD
+0 (+0.09%)
After Hours: 11/26/2025, 5:20:01 PM
Fundamental Rating

1

TRNR gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 33 industry peers in the Leisure Products industry. Both the profitability and financial health of TRNR have multiple concerns. TRNR is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year TRNR has reported negative net income.
In the past year TRNR has reported a negative cash flow from operations.
In the past 5 years TRNR always reported negative net income.
TRNR had a negative operating cash flow in each of the past 5 years.
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

TRNR has a worse Return On Assets (-25.15%) than 78.79% of its industry peers.
TRNR has a Return On Equity of -133.26%. This is amonst the worse of the industry: TRNR underperforms 84.85% of its industry peers.
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

0

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
The debt/assets ratio for TRNR has been reduced compared to a year ago.
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

Based on the Altman-Z score of -4.35, we must say that TRNR is in the distress zone and has some risk of bankruptcy.
TRNR has a Altman-Z score of -4.35. This is amonst the worse of the industry: TRNR underperforms 90.91% 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 -4.35
ROIC/WACCN/A
WACC12.02%
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

A Current Ratio of 0.67 indicates that TRNR may have some problems paying its short term obligations.
TRNR has a worse Current ratio (0.67) than 87.88% of its industry peers.
A Quick Ratio of 0.56 indicates that TRNR may have some problems paying its short term obligations.
TRNR has a Quick ratio of 0.56. This is amonst the worse of the industry: TRNR underperforms 81.82% of its industry peers.
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

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%.
TRNR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 155.38% yearly.
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

TRNR is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -62.90% yearly.
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

The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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

0

4. Valuation

4.1 Price/Earnings Ratio

TRNR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TRNR. No positive earnings are expected for the next year.
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

0

5. Dividend

5.1 Amount

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

INTERACTIVE STRENGTH INC

NASDAQ:TRNR (11/26/2025, 5:20:01 PM)

After market: 2.282 +0 (+0.09%)

2.28

-0.01 (-0.44%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)11-14 2025-11-14/amc
Earnings (Next)N/A N/A
Inst Owners1.88%
Inst Owner Change621.17%
Ins Owners0%
Ins Owner Change0%
Market Cap3.53M
Revenue(TTM)6.97M
Net Income(TTM)-21.69M
Analysts82.5
Price Target11.73 (414.47%)
Short Float %3.9%
Short Ratio0.25
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.51
P/FCF N/A
P/OCF N/A
P/B 0.22
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
Graham NumberN/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
ROICexgc growth 3YN/A
ROICexgc 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 -4.35
F-Score5
WACC12.02%
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-133.24%
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

INTERACTIVE STRENGTH INC / TRNR FAQ

What is the fundamental rating for TRNR stock?

ChartMill assigns a fundamental rating of 1 / 10 to TRNR.


What is the valuation status of INTERACTIVE STRENGTH INC (TRNR) stock?

ChartMill assigns a valuation rating of 0 / 10 to INTERACTIVE STRENGTH INC (TRNR). This can be considered as Overvalued.


What is the profitability of TRNR stock?

INTERACTIVE STRENGTH INC (TRNR) has a profitability rating of 0 / 10.


How financially healthy is INTERACTIVE STRENGTH INC?

The financial health rating of INTERACTIVE STRENGTH INC (TRNR) is 0 / 10.


What is the earnings growth outlook for INTERACTIVE STRENGTH INC?

The Earnings per Share (EPS) of INTERACTIVE STRENGTH INC (TRNR) is expected to decline by -317.32% in the next year.