Interactive Strength Inc. (Nasdaq:TRNR) Investment Drives Sportstech's 24% YoY Revenue Growth for the Third Quarter of 2025
Interactive Strength (Nasdaq:TRNR) provided an update on its pending acquisition of Sportstech Brands Holding GmbH after Sportstech reported Q3 2025 revenue of >$13M, a 24% YoY increase (up from 18% in Q2). Sportstech expects >30% YoY revenue growth in Q4, its largest quarter. Current FX converts Sportstech LTM September 2025 performance to approximately $58M revenue and $6M LTM EBITDA (reported as €50M revenue and >€5M EBITDA). Q3 EBITDA margin expanded >200bps YoY, producing an LTM EBITDA margin of >10%. TRNR said it and Sportstech are working to complete acquisition closing requirements and that TRNR-provided working capital and inventory coordination helped accelerate revenue momentum.
Interactive Strength (Nasdaq:TRNR) ha fornito un aggiornamento sull'acquisizione in sospeso di Sportstech Brands Holding GmbH dopo che Sportstech ha riportato ricavi del Q3 2025 superiori a $13M, un aumento del 24% su base annua (in crescita dal 18% nel Q2). Sportstech prevede una crescita dei ricavi >30% YoY nel Q4, il suo trimestre più grande. L'attuale FX converte la performance LTM di Sportstech a settembre 2025 in circa ricavi di $58M e EBITDA LTM di $6M (riportati come ricavi di €50M e EBITDA >€5M). Il margine EBITDA del Q3 è cresciuto di oltre 200 punti base YoY, producendo un margine EBITDA LTM di 10%. TRNR ha dichiarato che lei e Sportstech stanno lavorando per completare i requisiti di chiusura dell'acquisizione e che il supporto di TRNR in termini di capitale circolante e coordinamento dell'inventario ha contribuito ad accelerare l'impulso dei ricavi.
Interactive Strength (Nasdaq:TRNR) actualizó sobre su adquisición pendiente de Sportstech Brands Holding GmbH después de que Sportstech reportara unos ingresos de $13M en el Q3 2025, un crecimiento interanual del 24% (superando el 18% en el Q2). Sportstech espera un crecimiento de ingresos >30% interanual en el Q4, su trimestre más grande. El FX actual convierte el rendimiento de Sportstech LTM a septiembre 2025 en aproximadamente ingresos de $58M y EBITDA LTM de $6M (reportados como ingresos de €50M y EBITDA >€5M). El margen EBITDA del Q3 se expandió > 200pb YoY, produciendo un margen EBITDA LTM de 10%. TRNR dijo que tanto ella como Sportstech están trabajando para completar los requisitos de cierre de la adquisición y que el capital de trabajo y la coordinación de inventario proporcionados por TRNR ayudaron a acelerar el impulso de los ingresos.
Interactive Strength (나스닥:TRNR)는 Sportstech Brands Holding GmbH의 미확정 인수에 대한 업데이트를 제공했습니다. Sportstech가 2025년 3분기 매출 $13M 이상를 보고했으며, 전년 대비 24% 증가를 기록했습니다(2분기의 18%에서 상승). Sportstech는 4분기에 매출이 전년 대비 >30% 증가할 것으로 기대하며, 이는 회사의 가장 큰 분기입니다. 현재 환율(FX)은 Sportstech의 LTM 2025년 9월 실적을 대략 $58M 매출과 $6M LTM EBITDA로 환산합니다(€50M 매출 및 >€5M EBITDA로 보고됨). 3분기 EBITDA 마진은 YoY로 200bp 이상 확대되어 LTM EBITDA 마진을 10%로 만들었습니다. TRNR는 Sportstech와 함께 인수 종결 요건을 완료하기 위해 노력 중이며 TRNR가 제공한 운전자본 및 재고 조정이 매출 모멘텀 가속에 기여했다고 밝혔습니다.
Interactive Strength (Nasdaq:TRNR) a donné des nouvelles concernant son acquisition en cours de Sportstech Brands Holding GmbH après que Sportstech ait rapporté un chiffre d'affaires du T3 2025 supérieur à 13 M$, une croissance annuelle de 24% (passant de 18% au T2). Sportstech s'attend à une croissance des revenus >30% YoY au T4, son trimestre le plus important. Le FX actuel convertit la performance LTM de Sportstech à septembre 2025 à environ un chiffre d'affaires de 58 M$ et un EBITDA LTM de 6 M$ (reporté comme 50 M€ de chiffre d'affaires et EBITDA >5 M€). La marge EBITDA du T3 s'est étendue de > 200 points de base YoY, produisant une marge EBITDA LTM de 10%. TRNR a déclaré que elle et Sportstech travaillent à finaliser les exigences de clôture de l'acquisition et que le financement et la coordination du fonds de roulement et des stocks fournis par TRNR ont aidé à accélérer l'élan des revenus.
Interactive Strength (Nasdaq:TRNR) hat ein Update zu seiner laufenden Übernahme von Sportstech Brands Holding GmbH gegeben, nachdem Sportstech Q3 2025-Umsätze von über 13 Mio. $ gemeldet hat, eine YoY-Steigerung von 24% (von 18% im Q2). Sportstech erwartet im Q4 ein >30% YoY-Umsatzwachstum, sein größtes Quartal. Der aktuelle FX wandelt die LTM-Leistung von Sportstech bis September 2025 ungefähr in einen Umsatz von 58 Mio. $ und EBITDA LTM von 6 Mio. $ um (als €50 Mio Umsatz und EBITDA >€5 Mio berichtet). Die Q3-EBITDA-Marge hat sich um > 200 Basispunkte YoY erweitert und erzeugt eine LTM-EBITDA-Marge von 10%. TRNR sagte, dass sie und Sportstech daran arbeiten, die Abschlussanforderungen der Übernahme zu erfüllen, und dass von TRNR bereitgestelltes Working Capital und Inventar-Koordination dazu beigetragen haben, die Umsatzdynamik zu beschleunigen.
Interactive Strength (نيسدك:TRNR) قدمت تحديثاً حول استحواذها المعلق على Sportstech Brands Holding GmbH بعد أن ذكرت Sportstech إيرادات الربع الثالث 2025 أكثر من 13 مليون دولار، وزيادة سنوية قدرها 24% (ارتفاعًا من 18% في الربع الثاني). تتوقع Sportstech نموًا في الإيرادات >30% على أساس سنوي في الربع الرابع، وهو أكبر ربع لها. يحول سعر الصرف FX الحالي أداء Sportstech LTM حتى سبتمبر 2025 تقريباً إلى إيرادات قدرها 58 مليون دولار وEBITDA LTM قدره 6 ملايين دولار (المبلغ محقق كإيرادات قدرها 50 مليون يورو وEBITDA أكثر من 5 ملايين يورو). توسع هامش EBITDA للربع الثالث بمقدار أكثر من 200 نقطة أساس سنوياً، منتجاً هامش EBITDA LTM قدره 10%. قالت TRNR إنها وSportstech تعملان على إتمام متطلبات إغلاق الصفقة وأن توفير رأس المال العامل وتنسيق المخزون من TRNR ساهم في تسريع زخم الإيرادات.
- Q3 revenue >$13M (+24% YoY)
- LTM revenue ~ $58M
- LTM EBITDA ~$6M (LTM margin >10%)
- Q3 EBITDA margin up >200bps YoY
- Inventory availability improved via TRNR working capital
- Acquisition still pending; closing requirements not completed
- Sportstech growth depends on TRNR coordination and working capital
- No final post-close financial terms or effective date disclosed
Insights
Sportstech shows accelerating top‑line growth and positive LTM EBITDA; closing the acquisition is the next material milestone.
Sportstech reported third quarter revenue above
The business mechanism is clear: increased inventory and working capital support higher sales where seasonality concentrates revenue in the fourth quarter. The main dependency remains completion of the acquisition closing requirements, which management says is progressing. Key operational risk is that the reported growth links directly to TRNR's working capital support; if that support changes, momentum could slow.
Watch the announced acceleration into the fourth quarter — Sportstech expects >
Sportstech Revenue Growth Accelerated from
Current FX Rates Indicate that Sportstech's LTM September 2025 Revenue Would Be Approximately
TRNR Confirms that All Parties Working Diligently on Completing Acquisition Closing Requirements
AUSTIN, TEXAS / ACCESS Newswire / November 5, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today provided an update to its shareholders about the recently released results of Sportstech Brands Holding GmbH ("Sportstech"), its pending acquisition target.
Earlier today, Sportstech announced third quarter 2025 revenue of more than
The target company indicated that last twelve months ("LTM") performance was approximately
Ali Ahmad, Founder and CEO of Sportstech, said in the press release that the "continued monthly and YoY momentum shows just how much demand there is for our products and fitness content, when we're coordinated with the larger TRNR platform and have better access to working capital."
Mr. Ahmad also shared that: "The addition of Caleb Morgret to the TRNR team is helping us also accelerate the completion of the closing requirements. Our big ambitions remain, and we expect the post-closing period to be even more exciting than our growth is currently."
Trent Ward, Co-Founder and CEO of TRNR, commented that: "We remain pleased by Sportstech's strong performance - which validates our investments in it to date, and confirms the potential of the pending acquisition. With our most senior finance executive now on the ground in Europe working directly with the Sportstech team, we have increased confidence that we'll complete the final deal closing requirements quickly. We look forward to sharing more about the deal and the exciting initiatives that are ahead for Sportstech."
For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor presentation on the Company's investor website as well as its required filings with the US Securities and Exchange Commission (SEC).
TRNR Investor Contact
About Interactive Strength Inc.:
Interactive Strength Inc. (NASDAQ:TRNR) has established a leading portfolio of premium fitness brands - Wattbike, CLMBR, and FORME - that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.
Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.
CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that's both efficient and effective.
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 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.
From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.
Forward Looking Statements:
This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of completing the acquisition of Sportstech in a timely manner or at all, the financial performance of the acquisition target, including the reported financials of Sportstech that have not been audited or reviewed by a PCAOB auditor and could vary materially once that audit or review work is completed and such financials are included in the Company's reported financials, as well as the effect of the exchange rates of foreign currencies which can be volatile, in addition to any statements regarding the future performance or initiatives of Sportstech. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products and for Sportstech's products if the acquisition is completed (collectively, the "Products"); competition, including technological advances made by and new products released by our and Sportstech's competitors; our ability to accurately forecast consumer demand for our Products and adequately maintain inventory of our Products; and our reliance on a limited number of suppliers and distributors for our Products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
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SOURCE: Interactive Strength Inc.
View the original press release on ACCESS Newswire
FAQ
What did Sportstech report for Q3 2025 revenue and growth (TRNR deal)?
What are Sportstech's LTM September 2025 revenue and EBITDA at current FX (TRNR update)?
How did Sportstech's EBITDA margin change in Q3 2025 and LTM (TRNR update)?
What is driving Sportstech's revenue acceleration ahead of the TRNR acquisition close?
Is the TRNR acquisition of Sportstech closed and when will it complete?
What should investors expect about Sportstech's Q4 2025 revenue trend (per TRNR update)?
