your badges 52W Range $2–$261 0% of range Analyst Rating BUY 8 analysts Price Target $10 +352% upside P/E -0.0 ROE -336.8% Net Profit Margin -159.2%

TRNR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $2.21
Market Cap (MRQ) $1M
P/E (TTM) -0.0
EPS (TTM) $-195.51
Revenue (TTM) $21M
ROE (TTM) -336.8%
52W Range $2–$261

TRNR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

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Stock splits 5
Ex-date Split Type
June 30, 2026 1-for-7 Reverse
Feb. 24, 2026 1-for-10 Reverse
June 27, 2025 1-for-10 Reverse
Nov. 11, 2024 1-for-100 Reverse
June 14, 2024 1-for-40 Reverse

10-Year Performance Revenue, net income, margins and EPS trends

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Revenue$12M
2022-12-31 → 2025-12-31
EPS$-171.77
2022-12-31 → 2025-12-31
Free Cash Flow$-11M
2025-12-31 → 2025-12-31
Net margin-159.2%
2025-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend TRNR 5Y avg Peer Median Verdict
P/E (TTM) -0.05Y avg ≈-0.7 ≈-0.7 · ·
P/S (TTM) 0.1 · 0.2 Undervalued
P/B (MRQ) 0.3 · · ·
Price / FCF -0.8 · · ·
Price / Cash Flow -0.8 · · ·
Price / Tangible Book (MRQ) -0.1 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise -36.8%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 14, 2026 $-17.37 $-20.06 13.4%
March 31, 2026 May 20, 2026 $-71.68 $-223.12 67.9%
Dec. 31, 2025 $-1107.47 $-216.34 -411.9%
Sept. 30, 2025 $-217.70 $-502.66 56.7%
June 30, 2025 $-137.90 $-1350.17 89.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 16
Metric Trend 2025202420232022
Revenue $12M$5M$962.0K$681.0K
Cost of Revenue $11M$8M$6M$10M
Gross Profit $913.0K$-3M$-6M$-9M
R&D Expense $3M$7M$10M$20M
SG&A Expense $16M$18M$37M$19M
Operating Expenses $21M$26M$49M$45M
Operating Income $-20M$-29M$-54M$-54M
Other Non-op $-1M$-956.0K$1.0K$-4M
Pretax Income $-24M$-35M$-51M$-58M
Income Tax $0$0$0$0
Net Income $-24M$-35M$-51M$-58M
EPS (Basic) $-171.77$-16328.50$-16614.85$-119.49
EPS (Diluted) $-171.77$-16328.50$-16614.85$-119.49
Shares (Basic) 139,5362,1393,092487,276
Shares (Diluted) 139,5362,1393,092487,276
EBITDA $-20M···
Balance Sheet 26
Metric Trend 2025202420232022
Cash & Equivalents $512.0K$138.0K$0$226.0K
Receivables $3M$1M$1.0K$0
Inventory $7M$7M$6M$5M
Prepaid Expense $860.0K$810.0K$933.0K$1M
Current Assets $15M$8M$5M$10M
PP&E (Net) $379.0K$116.0K$444.0K$1M
PP&E (Gross) $5M$4M$3M$3M
Accum. Depreciation $4M$3M$3M$2M
Goodwill $16M$16M$0·
Intangibles $8M$6M$2M$4M
Other Non-current Assets ···$7M
Total Assets $47M$34M$17M$24M
Accounts Payable $9M$11M$11M$8M
Current Liabilities $31M$27M$22M$24M
Capital Leases $171.0K$170.0K$229.0K$9.0K
Other Non-current Liabilities $2M$0$0·
Total Liabilities $38M$27M$22M$27M
Long-term Debt ·$11M$10M·
Common Stock $0$8.0K$7.0K$4.0K
Paid-in Capital $234M$210M$161M$112M
Retained Earnings $-228M$-203M$-167M$-116M
Treasury Stock $0···
AOCI $113.0K$183.0K$100.0K$365.0K
Stockholders' Equity $6M$7M$-6M$-3M
Liabilities + Equity $47M$34M$17M$24M
Shares Outstanding 43,93014,0213,5482,450,922
Cash Flow 10
Metric Trend 2025202420232022
Stock-based Comp $3M$10M$30M$6M
Deferred Tax $0$0$0$0
Amort. of Intangibles $3M$6M$6M$5M
Operating Cash Flow $-10M$-15M$-15M$-36M
CapEx $94.0K$0$0$577.0K
Investing Cash Flow $-54M$-2M$-1M$-8M
Stock Issued ·$0$4M$3M
Financing Cash Flow $65M$16M$17M$42M
Net Change in Cash $374.0K$138.0K$-226.0K$-1M
Free Cash Flow $-11M···
Profitability 8
Metric Trend 2025202420232022
Gross Margin 7.9%···
Operating Margin -172.2%···
Net Margin -207.9%···
Pretax Margin -207.9%···
EBITDA Margin -172.2%···
ROA -59.2%···
ROE -211.5%···
ROIC -310.8%···
Liquidity & Solvency 2
Metric Trend 2025202420232022
Current Ratio 0.5···
Quick Ratio 0.1···
Efficiency 3
Metric Trend 2025202420232022
Asset Turnover 0.3···
Inventory Turnover 1.5···
Receivables Turnover 5.7···
Per Share 5
Metric Trend 2025202420232022
Book Value / Share $20.78···
Revenue / Share $82.63···
Cash Flow / Share $-74.60···
Cash / Share $1.67···
EPS (TTM) $-171.77$-16328.50$-16614.85·
Growth Rates 2
Metric Trend 2025202420232022
Revenue YoY 114.3%459.2%41.3%·
Revenue CAGR 3Y 156.8%···
Valuation (TTM) 9
Metric Trend 2025202420232022
Revenue TTM $12M$5M$962.0K·
Net Income TTM $-24M$-35M$-51M·
Market Cap $3M···
P/E -0.0-0.0-2.1·
P/S 0.2···
P/B 0.4···
P / Cash Flow -0.3···
P / FCF -0.3···
Earnings Yield -2004.3%-57293.0%-48.3%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-31
Revenue $12M $5M $962.0K $681.0K
Gross Margin % 7.9% · · ·
Operating Margin % -172.2% · · ·
Net Income $-24M $-35M $-51M $-58M
Diluted EPS $-171.77 $-16328.50 $-16614.85 $-119.49

Institutional owners (13F) 2 filers · $13K total · As of March 31, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 2
Value held $13K
Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $12,523 14,612 99.83% Shares
CWM, LLC $21 15 0.17% Shares

Activists & 5%+ owners 1 position

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Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
block.one, block.one Investments 1, Brendan Francis Blumer, Kokuei Yuan, Andrew Bliss, Stephen Ellis ×2 filings Aug. 14, 2024 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 7 insiders · 4 officers · 5 directors

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Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Trent Alexander Ward Chief Executive Officer Dec. 20, 2023 A · 0 0 $0
Michael Madigan Chief Financial Officer Dec. 20, 2023 A · 0 0 $0
Deepak Manu Mulchandani Chief Technology Officer Dec. 20, 2023 A · 0 0 $0
Interactive Strength, Inc. Chief Technology Officer Dec. 20, 2023 A · 0 0 $0
Aaron Ngoc Dung Weaver Director June 7, 2023 A · 0 0 $0
Touw Kirsten Bartok Director June 7, 2023 A 12,172 0 0 $0
Bradley James Wickens 10% owner June 1, 2023 P 1,704,891 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

TRNR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

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rating · 8 analysts BUY
Median target $10.00 +352.5%
2 25.0% Strong Buy
5 62.5% Buy
1 12.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

2 analysts · 2026-09-28

Mean target $10.00 +352.5%

← Below all targets Current price $2.21
Low$8.00 Mean$10.00 High$12.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
TRNR $3M -0.0 114.3% -207.9% -211.5% 7.9%
NWTG $7M -0.9 136.1% -74.0% -226.9% 56.0%
VEEE $4M -0.4 3.0% -58.1% -52.7% 8.5%
YYAI $770.2K -0.0 101.3% -68.0% -17.9% 12.9%

My Metrics Your personal watchlist — selected rows from Full Fundamentals

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Source: SEC 10-Q filed Aug 14, 2026