Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Interactive Strength Inc. (TRNR)
USD2.98
+0.04 (+1.52%)
US NASDAQ Consumer Cyclical Specialty Retail
Address
1005 Congress Avenue 78701
Austin, TX, US
Austin, TX, US
CEO
Trent A. Ward
Website
interactivestrength.com
IPO
2023-04-28
CIK 1785056 ISIN US45840Y5006
Description
Interactive Strength Inc., together with its subsidiaries, develops and sells specialty fitness equipment and virtual training for the commercial and at-home markets in the United States, Europe, and Asia. The company offers vertical climbing equipment and a digital training platform under the CLMBR brand; indoor bikes that set the global standard in cycling under the Wattbike brand name; and hardware and digital fitness services under the FORME brand. It also provides Forme Studio, a fitness mirror; and Forme Studio Lift, a fitness mirror and cable-based digital resistance. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.
News Sentiment (7d)
Based on only 2 articles — low confidence
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
USD2.98
+0.04 (+1.52%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
174.4K
Beta
0.42
Float Shares
139.5K
Free Float %
99.9%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +3.96% | +6.06% | -4.55% | -56.79% | -95.31% | -87.75% | -98.85% | -100.00% | -100.00% | -100.00% | -100.00% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
2.98
Low
22.50
+653.8%
Consensus
22.50
+653.8%
Median
22.50
+653.8%
High
22.50
+653.8%
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Price Target Summary
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | — | — |
| Last Year | 1 |
22.50
+653.8%
|
| All Time | 1 |
22.50
+653.8%
|
Quality scores
Altman Z-Score
-6.31
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Specialty Retail: +6.4%+114.3% ★ Q1'26: +279.1% (vs Q1'25)
-
EPS growth Specialty Retail: +20.6%+89.5% ★ Q1'26: +41.1% (vs Q1'25)
-
FCF margin FCF growth · Specialty Retail: +29.3%-154.5% Q1'26: -52.2% (vs Q1'25)
-
EBIT margin Specialty Retail: +5.4%-105.7% Q1'26: +0.0% (vs Q1'25)
-
ROIC Specialty Retail: +6.5%-46.0% Q1'26: +0.0% (vs Q1'25)
-
Share dilution Specialty Retail: +0.1%+6,421.9% Q1'26: +2,658.7% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Specialty Retail: 0.14×-2.29× Q1'26: -0.63× (vs Q1'25)
Valuation Multiples
From
To
Consensus Estimates
| Metric |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|
| Revenue |
962.0K
est: 1.17M (-17.6%)
|
5.38M
est: 15.50M (-65.3%)
|
11.53M
est: 11.89M (-3.0%)
|
22.50M
22.50M – 22.50M
+89.2% YoY
|
24.76M
24.76M – 24.76M
+10.0% YoY
|
| EBITDA |
-43.26M
est: -700.8K (-6,072.7%)
|
-21.08M
est: -14.82M (-42.2%)
|
-9.01M
est: -11.37M (+20.8%)
|
-21.51M
-21.51M – -21.51M
-89.2% YoY
|
-23.68M
-23.68M – -23.68M
-10.0% YoY
|
| EBIT |
-49.79M
est: -700.8K (-7,004.0%)
|
-27.21M
est: -15.50M (-75.5%)
|
-12.19M
est: -11.89M (-2.5%)
|
-22.50M
-22.50M – -22.50M
-89.2% YoY
|
-24.76M
-24.76M – -24.76M
-10.0% YoY
|
| Net Income |
-51.37M
est: -2.72M (-1,785.6%)
|
-34.93M
est: -78.14B (+100.0%)
|
-23.97M
est: -223.54M (+89.3%)
|
-148.19M
-148.19M – -148.19M
+33.7% YoY
|
-119.75M
-119.75M – -119.75M
+19.2% YoY
|
| SGA |
38.91M
est: 30.85M (+26.1%)
|
19.42M
est: 411.12M (-95.3%)
|
17.85M
est: 315.37M (-94.3%)
|
596.79M
596.79M – 596.79M
+89.2% YoY
|
656.76M
656.76M – 656.76M
+10.0% YoY
|
| EPS |
-1,661.50
est: -127.34 (-1,204.8%)
|
-1,632.80
est: -56,000.00 (+97.1%)
|
-171.77
est: -160.20 (-7.2%)
|
-106.20
-106.20 – -106.20
+33.7% YoY
|
-85.82
-85.82 – -85.82
+19.2% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-14 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-13 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-12 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-11 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-08 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-07 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-06 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-05 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-04 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-01 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-30 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-29 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-28 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-27 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-24 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-23 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-22 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-21 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-20 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-17 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-16 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
-54.04M
OE per share TTM
-481.62
Owner's Yield
-3,397.33%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
33.1%
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
6
Total invested
82.6K
Insider transactions (90d)
0
Beneficial owners (>5%)
8
Beneficial owners (>5%)
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Andrew Bliss | 3.38M | 23.57% | — | 3.38M | — | 3.38M | CO | Grenada | 2023-05-12 | ↗ |
| 2 | Brendan Francis Blumer | 3.38M | 23.57% | — | 3.38M | — | 3.38M | CO | Hong Kong | 2023-05-12 | ↗ |
| 3 | Kokuei Yuan | 3.38M | 23.57% | — | 3.38M | — | 3.38M | CO | Japan | 2023-05-12 | ↗ |
| 4 | block.one | 3.38M | 23.57% | — | 3.38M | — | 3.38M | CO | Cayman Islands | 2023-05-12 | ↗ |
| 5 | block.one Investments 1 | 3.38M | 23.57% | 3.38M | — | 3.38M | — | CO | Cayman Islands | 2023-05-12 | ↗ |
| 6 | Daniel B. Asher | 1.35M | 5.30% | — | 1.35M | — | 713.2K | HC, IN | United States of America | 2024-05-29 | ↗ |
| 7 | Intracoastal Capital LLC | 1.35M | 5.30% | — | 1.35M | — | 713.2K | OO | United States of America | 2024-05-29 | ↗ |
| 8 | Mitchell P. Kopin | 1.35M | 5.30% | — | 1.35M | — | 713.2K | HC, IN | United States of America | 2024-05-29 | ↗ |
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
6
+6 vs prev Q
New positions
6
Closed positions
0
Increased
6
Reduced
0
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | GEODE CAPITAL MANAGEMENT, LLC | 32.2K +32.2K (+100.0%) | 44.1K +44.1K (+100.0%) | 2.31% +2.307 pp | 0.00% +0.000 pp | USD1.37 +0.0% | 1 qtrs NEW |
| 2 | UBS GROUP AG | 27.8K +27.8K (+100.0%) | 38.1K +38.1K (+100.0%) | 1.99% +1.991 pp | 0.00% +0.000 pp | USD1.37 +0.0% | 1 qtrs NEW |
| 3 | VANGUARD FIDUCIARY TRUST CO | 284.00 +284.0 (+100.0%) | 389.00 +389.0 (+100.0%) | 0.02% +0.020 pp | 0.00% +0.000 pp | USD1.37 +0.0% | 1 qtrs NEW |
| 4 | CWM, LLC | 15.00 +15.0 (+100.0%) | 21.00 +21.0 (+100.0%) | 0.00% +0.001 pp | 0.00% +0.000 pp | USD1.33 +3.0% | 1 qtrs NEW |
| 5 | CAITONG INTERNATIONAL ASSET MANAGEMENT CO., LTD | 1.00 +1.0 (+100.0%) | 1.00 +1.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD1.00 +37.0% | 1 qtrs NEW |
| 6 | MORGAN STANLEY | 1.00 +1.0 (+100.0%) | 1.00 +1.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD1.00 +37.0% | 1 qtrs NEW |
Ownership breakdown by holder
ETF Ownership
Top ETFs holding this stock
This company is not held by any ETF in our universe.
Insider Activity
Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
—
Shares disposed
—
Cash buys
—
Cash sales
—
Net activity
+0
Insider buys vs sells (history)
From
To
Recent insider transactions
From
To
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-11-15 | Morgret Caleb George | Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2025-06-14 | Bartlett Benjamin Tall | Officer | — | — | Stock Option (right to buy) | 8 | 3,680.00 | 29.4K | 0 | D | ↗ |
| 2024-05-06 | Leis David Patrick | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-12-20 | Ward Trent Alexander | Director / Officer | A-Award | A | Stock Option (right to buy) | 30,000 | 0.92 | 27.6K | 1,036,001 | — | ↗ |
| 2023-12-20 | Mulchandani Deepak Manu | Director / Officer | A-Award | A | Stock Option (right to buy) | 30,000 | 0.92 | 27.6K | 735,309 | — | ↗ |
| 2023-12-20 | Madigan Michael | Officer | A-Award | A | Stock Option (right to buy) | 60,000 | 0.92 | 55.2K | 118,965 | — | ↗ |
| 2023-06-07 | Weaver Aaron Ngoc Dung | Director | A-Award | A | Stock Option (right to buy) | 60,000 | 4.86 | 291.6K | 112,401 | — | ↗ |
| 2023-06-07 | Ward Trent Alexander | Director / Officer | A-Award | A | Stock Option (right to buy) | 500,000 | 4.86 | 2.43M | 1,006,001 | — | ↗ |
| 2023-06-07 | Mulchandani Deepak Manu | Director / Officer | A-Award | A | Stock Option (right to buy) | 300,000 | 4.86 | 1.46M | 705,309 | — | ↗ |
| 2023-06-07 | Madigan Michael | Officer | A-Award | A | Stock Option (right to buy) | 32,500 | 4.86 | 158.0K | 58,966 | — | ↗ |
| 2023-06-07 | Bartok Touw Kirsten | Director | A-Award | A | Stock Option (right to buy) | 60,000 | 4.86 | 291.6K | 112,401 | — | ↗ |
| 2023-06-01 | Wickens Bradley James | 10% Owner | P-Purchase | A | Common Stock | 5,000 | 5.22 | 26.1K | 1,704,891 | — | ↗ |
| 2023-05-22 | Wickens Bradley James | 10% Owner | P-Purchase | A | Common Stock | 10,000 | 5.91 | 59.1K | 1,689,891 | — | ↗ |
Executive team
Top executives
EBIT / Employee
-169.3K
Shares Outstanding
139.5K
Executive compensation
Executive compensation (annual)
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2025 | Trent A. Ward Chief Executive Officer | 415.6K | — | — | — | — | — | 415.6K | 0.00% | ↗ |
| 2 | 2025 | Benjamin Bartlett Chief Operating Officer and President | 189.6K | — | — | — | — | 137.5K | 327.1K | 0.00% | ↗ |
| 3 | 2025 | Michael J. Madigan Former Chief Financial Officer | 283.3K | — | — | — | — | — | 283.3K | 0.00% | ↗ |
| 4 | 2024 | Trent A. Ward Chief Executive Officer | 300.0K | — | — | — | — | — | 300.0K | 0.00% | ↗ |
| 5 | 2024 | Trent A. Ward Chief Executive Officer | 300.0K | — | — | — | — | — | 300.0K | 0.00% | ↗ |
| 6 | 2024 | Michael J. Madigan Former Chief Financial Officer | 250.0K | — | — | — | — | — | 250.0K | 0.00% | ↗ |
| 7 | 2024 | Michael J. Madigan Chief Financial Officer | 250.0K | — | — | — | — | — | 250.0K | 0.00% | ↗ |
| 8 | 2023 | Trent A. Ward Chief Executive Officer | 295.0K | — | — | 19.76M | — | — | 20.05M | 98.53% | ↗ |
| 9 | 2023 | Michael J. Madigan Chief Financial Officer | 235.7K | — | — | 621.8K | — | — | 857.5K | 72.52% | ↗ |
| 10 | 2023 | Michael J. Madigan Chief Financial Officer | 235.7K | — | — | 621.8K | — | — | 857.5K | 72.52% | ↗ |
| 11 | 2022 | Trent A. Ward Chief Executive Officer | 229.9K | — | — | 4.32M | — | — | 4.55M | 94.95% | ↗ |
CEO compensation breakdown
Proxy statements
Proxy statements (DEF 14A)
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Trent Alexander Ward | Co-Founder, Chairperson, Chief Executive Officer & Secretary | 415.6K | male |
| Benjamin Bartlett | President & Chief Operating Officer | 327.1K | male |
| Caleb G. Morgret | Chief Financial Officer & Principal Accounting Officer | — | male |
| Deepak Mulchandani | Chief Technology Officer & Director | — | male |
ESG Rating
ESG Score History PERSONAL PRODUCTS & SERVICES
Benchmark vs Sector
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for TRNR
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
