Interactive Strength Inc. (NASDAQ: TRNR) Secures New $200k+ Wattbike Order From Fitness First in Germany
Rhea-AI Summary
Interactive Strength (NASDAQ: TRNR) announced a new order for 85 Wattbike AIR-PRO units from Fitness First Germany, valued at more than $200,000. Deliveries are expected to begin in late Q1 2026, with most Black Label premium sites receiving two units each. The order is a repeat purchase from a longstanding Wattbike customer and will be supplied through distributor Woodway GmbH. Fitness First (LifeFit Group) is expanding from ~100 to nearly 220 locations and may grow to ~300 sites under a system-wide rebrand. The order follows Woodway’s April purchase of more than $1M for the US market.
Positive
- 85 AIR-PRO units ordered for Germany
- Order valued at >$200,000
- Deliveries starting in late Q1 2026
- Repeat purchase from longstanding Wattbike customer
- Distribution via established partner Woodway GmbH
Negative
- Order value (> $200K) is below April's > $1M Woodway order
News Market Reaction 2 Alerts
On the day this news was published, TRNR declined 6.12%, reflecting a notable negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $285K from the company's valuation, bringing the market cap to $4M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
TRNR gained 1.82% while peers were mixed: MRM up 1.32%, EJH up 1.98%, IVP down 5.75%, CLIK down 1.86%, YYGH down 2.68%. No clear sector-wide pattern appears.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 21 | Investor FAQ update | Positive | +0.5% | Updated FAQs around Q3 letter, Sportstech deal, and $80M+ revenue view. |
| Nov 14 | Earnings & guidance | Positive | -6.2% | Record Q3 revenue, reiterated $80M+ guidance, pro forma EBITDA profitability goal. |
| Nov 05 | Sportstech update | Positive | +4.0% | Sportstech Q3 revenue >$13M with 24% YoY growth and >10% LTM EBITDA margin. |
| Oct 31 | FAQ on acquisition | Positive | +2.7% | Addressed shareholder questions on new CFO hire and Sportstech acquisition closing. |
| Oct 29 | CFO appointment | Positive | -8.4% | Named Caleb Morgret CFO to support Wattbike/Sportstech and >$80M pro forma revenue. |
Recent news has often been positive but with mixed price reactions, including notable selloffs on upbeat earnings and leadership updates.
This announcement adds another commercial milestone for TRNR, following several recent updates tied to growth and acquisitions. In Q3 2025, the company reported record quarterly revenue of $4.8M and reiterated $80M+ 2025 pro forma revenue guidance, largely driven by the pending Sportstech acquisition. Subsequent FAQs and commentary on Sportstech and the new CFO highlighted integration progress and expectations for Europe-driven revenue. Today’s Wattbike AIR-PRO order in Germany fits into this broader strategy of expanding performance training equipment across key European fitness chains.
Regulatory & Risk Context
TRNR has an active S-3/A shelf filed on 2025-10-02. The registration is not yet effective and has 0 recorded usages, but it provides a framework for potential future securities offerings once effective.
Market Pulse Summary
The stock moved -6.1% in the session following this news. A negative reaction despite a new Wattbike order would fit TRNR’s history of occasional selloffs on seemingly positive updates, such as record Q3 results. The order exceeds $200K for 85 AIR-PRO units and follows a prior $1M+ Wattbike order, but the stock still traded far below its $6.51 200-day MA. Some investors might have focused on broader capital-structure concerns and the existing S-3/A shelf rather than the incremental revenue contribution.
AI-generated analysis. Not financial advice.
Driven by rollout of the next-generation Wattbike AIR-PRO across Germany's Fitness First's premium Black Label facilities
Major order follows April's
AUSTIN, TEXAS / ACCESS Newswire / December 11, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR, and FORME brands, and pending acquirer of Sportstech, today announced a major new Wattbike order placed by one of Germany's largest and fastest-growing fitness operators.
The order for 85 next-generation Wattbike AIR-PRO units, valued at more than
Fitness First operates under the LifeFit Group, a rapidly expanding German fitness and wellbeing platform that has grown from roughly 100 to nearly 220 locations in recent years through acquisitions. A system-wide rebranding is underway to consolidate multiple acquired chains under the Fitness First name, with expansion plans that could bring the network to as many as 300 sites.
The new AIR-PRO units will be supplied through Woodway GmbH, the longstanding distributor for both TRNR and Wattbike. Woodway has cultivated deep commercial relationships across Germany and has helped establish both TRNR and Wattbike as recognized platforms for delivering performance-training solutions for gym operators seeking accurate, durable, and data-driven equipment for athletic training environments.
Trent Ward, Co-Founder and CEO of TRNR, said: "This order reflects the continued momentum we are seeing across the Wattbike brand and reinforces its position as the global standard in performance cycling. Fitness First's growing footprint - and its decision to adopt the new AIR-PRO across its premium Black Label sites - demonstrates the enduring value of Wattbike's engineering precision, product reliability, and training intelligence. We are also pleased that our long-standing partner Woodway continues to play a central role in expanding Wattbike's presence across Europe after placing an order for more than
For more commentary, information and details of TRNR's strategy, as well as to sign up for direct updates, see the Company's investor website, latest FAQs and required filings with the US Securities & Exchange Commission (SEC).
TRNR Investor Contact
ir@interactivestrength.com
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 is 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, TRNR's 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 and repeatability of sales commitments by TRNR or its subsidiary brands, and whether orders will eventually be fulfilled and generate revenue. The reader is cautioned not to rely on these forward-looking statements, and 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 Wattbike's products (collectively, the "Products"); competition, including technological advances made by and new products released by our and our competitors; our ability to accurately forecast consumer and/or fitness facility or other 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
How many Wattbike AIR-PRO units did TRNR sell to Fitness First Germany on December 11, 2025?
What is the value and delivery timing of the TRNR Fitness First order (TRNR)?
Will TRNR supply Fitness First Germany through an existing distributor (TRNR)?
How does the Fitness First network expansion affect the TRNR order (TRNR)?
Is the Fitness First AIR-PRO order a repeat purchase for TRNR (TRNR)?
How does this Fitness First order compare to Woodway’s April purchase (TRNR)?
