INTERACTIVE STRENGTH INC.

EDGAR

Annual consolidated revenue for 2025: about USD 11.53M, using the latest reported figures. The previous period, 2024, was about USD 5.38M.

Watchlist

Latest quarter

Revenue

6.65 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-50.73%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -3372000 USD Source
  • Revenue: 6647000 USD Source

Operating cash flow

-3.05 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -5636000 USD Source
  • Operating Cash Flow: -2587000 USD Source

Free cash flow

-3.29 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -5636000 USD Source
  • Operating Cash Flow: -2587000 USD Source
  • Capital Expenditure: 334000 USD Source
  • Capital Expenditure: 97000 USD Source
Cash and cash equivalents
959 thousand USD Source
Exact value

959000 USD

Long-term debt including current maturities
46.4 million USD Source
Exact value

46429000 USD

Shares outstanding
514 thousand shares Source
Exact value

514467 shares

Reported share-count change

-63.49% · -895 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 1409044 shares · 2025-06-30· Source
  • 514467 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

20.7 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 4815000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 11530000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 7391000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 5141000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 6647000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-10.3 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -8161000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -5743000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -10409000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -8161000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -2587000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -5636000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -2587000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-13.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2025-12-31
  • Operating income: 5 of 11 periods available· newest 2025-12-31
  • Net income: 5 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 5 of 11 periods available· newest 2025-12-31
  • Total assets: 4 of 11 periods available· newest 2025-12-31
  • Total liabilities: 4 of 11 periods available· newest 2025-12-31
  • Current assets: 4 of 11 periods available· newest 2025-12-31
  • Current liabilities: 4 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2024-12-31
  • Shares outstanding: 4 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +114.3%

    Prior period

    USD 5.38 million

    –

    Current period

    USD 11.53 million

    –

    Exact inputs and evidence

    11530000 − 5380000 = 6150000 USD

    5380000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    11530000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 10.97 million

    Prior period

    −USD 34.93 million

    –

    Current period

    −USD 23.97 million

    –

    Exact inputs and evidence

    -23968000 − -34934000 = 10966000 USD

    -34934000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -23968000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 4.4 million

    Prior period

    −USD 14.81 million

    –

    Current period

    −USD 10.41 million

    –

    Exact inputs and evidence

    -10409000 − -14812000 = 4403000 USD

    -14812000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -10409000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +USD 94,000

    Prior period

    USD 0

    –

    Current period

    USD 94,000

    –

    Exact inputs and evidence

    94000 − 0 = 94000 USD

    0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    94000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 11.53 million 100% of revenue
  • Cost of revenue USD 10.62 million 92% of revenue
  • Operating expenses USD 20.77 million 180% of revenue
  • Operating income −USD 19.86 million −172% of revenue
  • Tax, interest and other Derived USD 4.11 million 36% of revenue
  • Net income −USD 23.97 million −208% of revenue

Cash

  • Operating cash flow −USD 10.41 million −90% of revenue
  • Capital expenditure USD 94,000 0.8% of revenue
  • Free cash flow Derived −USD 10.5 million −91% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2022 Operating loss: operating costs were 8,080% of revenue.
  • 2023 Operating loss: operating costs were 5,763% of revenue.
  • 2024 Operating loss: operating costs were 642% of revenue.
  • 2025 Operating loss: operating costs were 272% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2022 2022-01-01 – 2022-12-31681000 55026000 Derived -54345000 3880000 Derived -58225000 -36122000 Derived
Source
2023 2023-01-01 – 2023-12-31962000 55442000 Derived -54480000 -3107000 Derived -51373000 -15427000 Derived
Source
2024 2024-01-01 – 2024-12-315380000 34565000 Derived -29185000 5749000 Derived -34934000 -14812000 Derived
Source
2025 2025-01-01 – 2025-12-3111530000 31388000 Derived -19858000 4110000 Derived -23968000 -10503000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 11.5M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.5M9.3M6.2M3.1M0.02022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Revenue681000
2023Revenue962000
2024Revenue5380000
2025Revenue11530000

Revenue growth

Change in revenue from the same financial period one year earlier.

114.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.496%372%248%124%0%2022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2022Year over yearNo prior comparable period
2023Year over year41.3%
2024Year over year459.3%
2025Year over year114.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -172.2% 2025
Net margin -207.9% 2025
Free cash flow margin -91.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.684%-1,795%-4,275%-6,754%-9,234%2022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2022Operating margin-7,980.2%
2023Operating margin-5,663.2%
2024Operating margin-542.5%
2025Operating margin-172.2%
2022Net margin-8,549.9%
2023Net margin-5,340.2%
2024Net margin-649.3%
2025Net margin-207.9%
2022Free cash flow margin-5,304.3%
2023Free cash flow margin-1,603.6%
2024Free cash flow margin-275.3%
2025Free cash flow margin-91.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -10.4M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.8M-7.5M-17.8M-28.1M-38.4M2022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Operating cash flow-35545000
2023Operating cash flow-15427000
2024Operating cash flow-14812000
2025Operating cash flow-10409000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -10.5M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.9M-7.6M-18.1M-28.5M-39.0M2022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Free cash flow-36122000
2023Free cash flow-15427000
2024Free cash flow-14812000
2025Free cash flow-10503000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

81.4% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.144%108%72%36%0%2022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2022Liabilities / assets111.2%
2023Liabilities / assets133%
2024Liabilities / assets79.2%
2025Liabilities / assets81.4%

Current assets to current liabilities

Current assets divided by current liabilities.

0.47× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.51×0.38×0.25×0.13×0.00×2022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2022Current assets / current liabilities0.41×
2023Current assets / current liabilities0.25×
2024Current assets / current liabilities0.31×
2025Current assets / current liabilities0.47×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2021-01-01 – 2021-12-31
−USD 32.84 million
Exact value

Exact value: -32840000 USD

2021-01-01 – 2021-12-31: -32840000 USD Inspect Net Income Open source
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−USD 38.26 million
Exact value

Exact value: -38256000 USD

2021-01-01 – 2021-12-31: -38256000 USD Inspect Operating Cash Flow Open source
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USD 2.62 million
Exact value

Exact value: 2623000 USD

2021-01-01 – 2021-12-31: 2623000 USD Inspect Capital Expenditure Open source
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−USD 40.88 million
Calculation and evidence

-38256000 − 2623000 USD

Exact free cash flow: -40879000 USD

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2022 2022-01-01 – 2022-12-31
−USD 58.23 million
Exact value

Exact value: -58225000 USD

2022-01-01 – 2022-12-31: -58225000 USD Inspect Net Income Open source
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−USD 35.55 million
Exact value

Exact value: -35545000 USD

2022-01-01 – 2022-12-31: -35545000 USD Inspect Operating Cash Flow Open source
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USD 577,000
Exact value

Exact value: 577000 USD

2022-01-01 – 2022-12-31: 577000 USD Inspect Capital Expenditure Open source
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−USD 36.12 million
Calculation and evidence

-35545000 − 577000 USD

Exact free cash flow: -36122000 USD

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2023 2023-01-01 – 2023-12-31
−USD 51.37 million
Exact value

Exact value: -51373000 USD

2023-01-01 – 2023-12-31: -51373000 USD Inspect Net Income Open source
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−USD 15.43 million
Exact value

Exact value: -15427000 USD

2023-01-01 – 2023-12-31: -15427000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2023-01-01 – 2023-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 15.43 million
Calculation and evidence

-15427000 − 0 USD

Exact free cash flow: -15427000 USD

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2024 2024-01-01 – 2024-12-31
−USD 34.93 million
Exact value

Exact value: -34934000 USD

2024-01-01 – 2024-12-31: -34934000 USD Inspect Net Income Open source
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−USD 14.81 million
Exact value

Exact value: -14812000 USD

2024-01-01 – 2024-12-31: -14812000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2024-01-01 – 2024-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 14.81 million
Calculation and evidence

-14812000 − 0 USD

Exact free cash flow: -14812000 USD

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2025 2025-01-01 – 2025-12-31
−USD 23.97 million
Exact value

Exact value: -23968000 USD

2025-01-01 – 2025-12-31: -23968000 USD Inspect Net Income Open source
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−USD 10.41 million
Exact value

Exact value: -10409000 USD

2025-01-01 – 2025-12-31: -10409000 USD Inspect Operating Cash Flow Open source
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USD 94,000
Exact value

Exact value: 94000 USD

2025-01-01 – 2025-12-31: 94000 USD Inspect Capital Expenditure Open source
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−USD 10.5 million
Calculation and evidence

-10409000 − 94000 USD

Exact free cash flow: -10503000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

39 filings · 1,386 latest values · 1,386 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001785056, 1785056, TRNR, edgar:1785056

Also known as INTERACTIVE STRENGTH INC., Interactive Strength, Inc.