TRNR CEO Expects Q2 2026 Revenue of Approximately $8 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Trent Ward, CEO of TRNR, stated: "Q1 2026 is the clearest demonstration to date of our strategy of accretive M&A and operating discipline delivering on both ends of the income statement in the same quarter, with pro forma revenue growing 87% as compared to Q4 2025, and pro forma adjusted EBITDA loss improving by 57%. Our Q2 2026 guidance of approximately $8 million in revenue and Adjusted EBITDA loss of less than $1 million should demonstrate to investors that the group's strong improvements should continue."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TRNR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TRNR
Wall Street analysts forecast TRNR stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.750
Low
2.25
Averages
2.25
High
2.25
Current: 0.750
Low
2.25
Averages
2.25
High
2.25
About TRNR
Interactive Strength Inc. is engaged in the development and sales of specialty fitness equipment and virtual training. Its portfolio of fitness brands includes Wattbike, CLMBR, and FORME, which combine hardware, smart technology, and immersive content to deliver training experiences for both commercial and home use. Wattbike offers a range of high-performance indoor bikes. It provides accuracy, realistic ride feels, and advanced performance tracking. CLMBR provides a vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout. FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the studio, a smart fitness mirror for guided programming and live one-to-one personal training, and others. Its Ergatta brand provides game-based connected fitness.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Interactive Strength Reports Q1 2026 Earnings with Revenue Growth
- Significant Revenue Growth: Interactive Strength reported Q1 2026 revenue of $5.1 million, a substantial increase from $1.4 million in Q1 2025, indicating strong market performance and business expansion potential.
- Improved EBITDA Loss: The adjusted EBITDA loss was approximately $1.8 million, an improvement from the $2.5 million loss in Q1 2025, demonstrating progress in cost control and operational efficiency.
- Strong Cash Position: As of March 31, 2026, the company had cash and cash equivalents of $4.7 million, a significant rise from $0.5 million at December 31, 2025, enhancing financial stability and future investment capacity.
- Optimistic Future Outlook: The company expects Q2 2026 revenue of approximately $8 million and confirms full-year guidance of over $30 million, reflecting the anticipated benefits of the full consolidation of Wattbike and Ergatta driving continued growth.
See More
Interactive Strength Reports FY Revenue Surge with Strategic Guidance
- Annual Revenue Growth: Interactive Strength reported FY revenue of $11.5 million, marking a 113% year-over-year increase, indicating robust market growth that is likely to drive future investments and expansion.
- Improved Net Loss: The company reported a net loss of $24 million, which is a 31% improvement year-over-year, suggesting positive progress in cost control and operational efficiency that may enhance investor confidence.
- Strong Q4 Performance: Q4 revenue reached $4.1 million, the highest of the year, with a gross margin of 14.1%, reflecting increased product demand and potentially laying the groundwork for future profitability.
- Future Outlook and Strategic Integration: The company reaffirmed its FY2026 revenue guidance of over $30 million, supported by the consolidation of Wattbike and expected revenue from Ergatta exceeding $10 million at approximately 30% EBITDA margin, showcasing strong growth potential.
See More
Interactive Strength Authorizes $500,000 Stock Buyback Program
- Buyback Program Initiation: Interactive Strength's Board of Directors has authorized a stock repurchase program of up to $500,000, aimed at enhancing shareholder value and stabilizing the stock price through market buybacks.
- Market Execution Method: The buyback will be conducted on the open market through HC Wainwright & Co., which is expected to increase demand for the company's shares and potentially improve stock performance.
- Stock Price Volatility Impact: Currently, Interactive Strength's stock is down 2.03% to $1.205, and the implementation of the buyback program may help alleviate downward pressure on the stock price and boost investor confidence.
- Reverse Stock Split Plan: The company also plans to implement a 1-for-10 reverse stock split, aimed at increasing the share price to attract more institutional investors and improve stock liquidity.
See More
Sportstech Brands and Interactive Strength Settle Legal Dispute
- Legal Dispute Resolution: Sportstech Brands Holding GmbH has amicably settled its legal dispute with Interactive Strength Inc., fully resolving all legal proceedings and marking a period of stability and harmony for the company.
- Settlement Agreement Details: Both parties consider the settlement to be fair and satisfactory, reflecting the company's transparency and accountability in handling legal matters, which helps maintain its brand image.
- Settlement Payment Completed: Sportstech has completed the settlement payment to Interactive Strength, resolving all mutual claims and ensuring clarity in their legal relationship, thus avoiding potential future legal risks.
- Market Position Consolidation: As a company with a strong market position in Europe, Sportstech can now focus more on its business development in the home fitness, wellness, and lifestyle products sector, further enhancing its competitive edge in the market.
See More
Sportstech Rejects Responsibility Claims from TRNR
- Responsibility Statement: Sportstech Brands Holding GmbH categorically rejects claims from Interactive Strength Inc. (NASDAQ:TRNR) regarding responsibility for capital market performance, emphasizing that share price is influenced by operational performance, financial metrics, and market conditions rather than external statements.
- Legal Dispute: The contractual and legal issues with TRNR are currently under review in Germany, with Sportstech asserting substantial legal objections, indicating that the matter is not as 'clear' or 'undisputed' as portrayed, necessitating court decisions for resolution.
- Commitment to Resolution: Despite ongoing legal disputes, Sportstech remains committed to seeking a constructive resolution within the applicable legal framework, asserting that only court decisions are authoritative and expressing readiness to consider the interests of all parties involved.
- Operational Stability: Sportstech's operations continue to remain stable and unaffected by TRNR's capital market developments, with CEO Ali Ahmad stating a commitment to protect Sportstech and its partners from legal and economic misjudgments while focusing on long-term operational performance and financial stability.
See More
Interactive Strength Announces 1-for-10 Reverse Stock Split
- Reverse Split Announcement: Interactive Strength has announced a 1-for-10 reverse stock split effective February 24, 2026, which will reduce its outstanding shares from approximately 14.3 million to about 1.4 million, aiming to elevate the share price to meet Nasdaq's minimum requirement of $1.00.
- Equity Adjustments: The reverse split will proportionately adjust outstanding equity awards, warrants, and shares issuable under incentive plans, ensuring that shareholder rights are preserved while providing a stronger foundation for future financing and growth.
- Trading Symbol Unchanged: Post-split, the company's stock will continue to trade under the symbol “TRNR” and will receive a new CUSIP number, 45840Y500, facilitating investor recognition and trading convenience in the market.
- Market Reaction: Following the reverse split announcement, TRNR's stock price fell 34.68% in premarket trading to $0.28, indicating that the market's initial response may not be optimistic, necessitating close monitoring of subsequent market performance.
See More
Interactive Strength Reports Q1 2026 Earnings with Revenue Growth
- Significant Revenue Growth: Interactive Strength reported Q1 2026 revenue of $5.1 million, a substantial increase from $1.4 million in Q1 2025, indicating strong market performance and business expansion potential.
- Improved EBITDA Loss: The adjusted EBITDA loss was approximately $1.8 million, an improvement from the $2.5 million loss in Q1 2025, demonstrating progress in cost control and operational efficiency.
- Strong Cash Position: As of March 31, 2026, the company had cash and cash equivalents of $4.7 million, a significant rise from $0.5 million at December 31, 2025, enhancing financial stability and future investment capacity.
- Optimistic Future Outlook: The company expects Q2 2026 revenue of approximately $8 million and confirms full-year guidance of over $30 million, reflecting the anticipated benefits of the full consolidation of Wattbike and Ergatta driving continued growth.
See More
Interactive Strength Reports FY Revenue Surge with Strategic Guidance
- Annual Revenue Growth: Interactive Strength reported FY revenue of $11.5 million, marking a 113% year-over-year increase, indicating robust market growth that is likely to drive future investments and expansion.
- Improved Net Loss: The company reported a net loss of $24 million, which is a 31% improvement year-over-year, suggesting positive progress in cost control and operational efficiency that may enhance investor confidence.
- Strong Q4 Performance: Q4 revenue reached $4.1 million, the highest of the year, with a gross margin of 14.1%, reflecting increased product demand and potentially laying the groundwork for future profitability.
- Future Outlook and Strategic Integration: The company reaffirmed its FY2026 revenue guidance of over $30 million, supported by the consolidation of Wattbike and expected revenue from Ergatta exceeding $10 million at approximately 30% EBITDA margin, showcasing strong growth potential.
See More
Interactive Strength Authorizes $500,000 Stock Buyback Program
- Buyback Program Initiation: Interactive Strength's Board of Directors has authorized a stock repurchase program of up to $500,000, aimed at enhancing shareholder value and stabilizing the stock price through market buybacks.
- Market Execution Method: The buyback will be conducted on the open market through HC Wainwright & Co., which is expected to increase demand for the company's shares and potentially improve stock performance.
- Stock Price Volatility Impact: Currently, Interactive Strength's stock is down 2.03% to $1.205, and the implementation of the buyback program may help alleviate downward pressure on the stock price and boost investor confidence.
- Reverse Stock Split Plan: The company also plans to implement a 1-for-10 reverse stock split, aimed at increasing the share price to attract more institutional investors and improve stock liquidity.
See More
Sportstech Brands and Interactive Strength Settle Legal Dispute
- Legal Dispute Resolution: Sportstech Brands Holding GmbH has amicably settled its legal dispute with Interactive Strength Inc., fully resolving all legal proceedings and marking a period of stability and harmony for the company.
- Settlement Agreement Details: Both parties consider the settlement to be fair and satisfactory, reflecting the company's transparency and accountability in handling legal matters, which helps maintain its brand image.
- Settlement Payment Completed: Sportstech has completed the settlement payment to Interactive Strength, resolving all mutual claims and ensuring clarity in their legal relationship, thus avoiding potential future legal risks.
- Market Position Consolidation: As a company with a strong market position in Europe, Sportstech can now focus more on its business development in the home fitness, wellness, and lifestyle products sector, further enhancing its competitive edge in the market.
See More
Sportstech Rejects Responsibility Claims from TRNR
- Responsibility Statement: Sportstech Brands Holding GmbH categorically rejects claims from Interactive Strength Inc. (NASDAQ:TRNR) regarding responsibility for capital market performance, emphasizing that share price is influenced by operational performance, financial metrics, and market conditions rather than external statements.
- Legal Dispute: The contractual and legal issues with TRNR are currently under review in Germany, with Sportstech asserting substantial legal objections, indicating that the matter is not as 'clear' or 'undisputed' as portrayed, necessitating court decisions for resolution.
- Commitment to Resolution: Despite ongoing legal disputes, Sportstech remains committed to seeking a constructive resolution within the applicable legal framework, asserting that only court decisions are authoritative and expressing readiness to consider the interests of all parties involved.
- Operational Stability: Sportstech's operations continue to remain stable and unaffected by TRNR's capital market developments, with CEO Ali Ahmad stating a commitment to protect Sportstech and its partners from legal and economic misjudgments while focusing on long-term operational performance and financial stability.
See More
Interactive Strength Announces 1-for-10 Reverse Stock Split
- Reverse Split Announcement: Interactive Strength has announced a 1-for-10 reverse stock split effective February 24, 2026, which will reduce its outstanding shares from approximately 14.3 million to about 1.4 million, aiming to elevate the share price to meet Nasdaq's minimum requirement of $1.00.
- Equity Adjustments: The reverse split will proportionately adjust outstanding equity awards, warrants, and shares issuable under incentive plans, ensuring that shareholder rights are preserved while providing a stronger foundation for future financing and growth.
- Trading Symbol Unchanged: Post-split, the company's stock will continue to trade under the symbol “TRNR” and will receive a new CUSIP number, 45840Y500, facilitating investor recognition and trading convenience in the market.
- Market Reaction: Following the reverse split announcement, TRNR's stock price fell 34.68% in premarket trading to $0.28, indicating that the market's initial response may not be optimistic, necessitating close monitoring of subsequent market performance.
See More
