Interactive Strength Inc. reports developments across a portfolio of connected and specialty fitness brands, including Wattbike, CLMBR, FORME and Ergatta. The company’s updates cover indoor bikes, vertical climbing machines, smart fitness mirrors, resistance-training systems, game-based connected fitness content, subscription revenue and commercial or home-use fitness channels.
Recurring TRNR news includes acquisitions that expand the brand portfolio, distribution relationships such as online retail and wholesale channels, product availability, trade-show activity, shareholder letters, operating results, guidance updates and capital actions such as stock repurchase authorization. Coverage also includes financing and settlement-related developments that affect the company’s balance sheet and operating strategy.
Interactive Strength (Nasdaq:TRNR) signed a definitive agreement to acquire Ergatta, lifting 2026 pro forma revenue guidance by 50% to more than $30 million.
Ergatta is expected to generate >$10 million revenue in 2026 with ~70% recurring subscriptions and ~30% EBITDA margin. Transaction EV maxes at $19.5 million, closing expected in Q1 2026.
Base value is $8.8 million (including $1.8M cash at close); significant consideration is contingent on 2026–2027 EBITDA.
Summary not available.
Summary not available.
Interactive Strength (Nasdaq: TRNR) published a shareholder letter and updated investor presentation with 2026 revenue guidance of more than $20M, up from $5.4M in 2024 and ~$12M (unaudited) in 2025. The company highlighted strengthened operations entering 2026, Wattbike commercial traction, and an active M&A strategy.
TRNR said it is progressing with filing lawsuits in several jurisdictions and expects a public auction of pledged Sportstech shares in Q1 2026. Maxim Group reiterated a BUY rating with a $2.25 price target. Shareholder materials are available on the company investor site.
Interactive Strength (Nasdaq:TRNR) provided a shareholder letter updating preliminary Q4 and full‑year 2025 guidance, commercial traction for Wattbike Air‑Pro, and enforcement activity involving Sportstech.
Key points: Q4 2025 revenue expected to exceed $4.5M (~100% YoY) and 2025 pro forma revenue expected to exceed $20M (nearly 4x 2024). Since the July 2025 acquisition, Wattbike Air‑Pro sold 700+ units generating ~ $2.5M in UK commercial revenue with 25–35% higher utilization vs legacy models. TRNR is pursuing litigation and a public auction of pledged Sportstech shares; Sportstech acknowledges $5M principal but disputes other elements of a reported $6.6M balance.
Interactive Strength (Nasdaq:TRNR) published a shareholder letter on January 7, 2026 updating investors about the Sportstech loan and acquisition process, and providing context on its improved operating scale and near-term plans. Shareholders are invited to sign up for email updates at the company website and can contact investor relations at ir@interactivestrength.com.
Summary not available.
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.
Interactive Strength (Nasdaq:TRNR) updated its Investor FAQ on November 21, 2025 to address questions about its Q3 2025 shareholder letter, the pending Sportstech acquisition, and 2025 pro forma revenue expectations of more than $80 million.
The company said Q3 was its first full quarter with Wattbike, noted accelerating Sportstech revenue, and reported integration milestones and progress toward closing the Sportstech transaction; a new EU-based CFO, Caleb Morgret, is supporting the process.
Interactive Strength (Nasdaq:TRNR) reported record Q3 2025 revenue of $4.8 million (139% YoY) including Wattbike (closed July 1), a net loss of $5.2 million (loss per diluted share $3.11), and an adjusted EBITDA loss of $2.9 million, which the company attributed in part to low inventory availability.
TRNR reiterated its 2025 pro forma revenue guidance of $80M+ and expects pro forma adjusted EBITDA profitability in Q4, driven by the expected closing of the Sportstech acquisition (Sportstech Q3 revenue ~$13M and LTM EBITDA margin >10%). TRNR announced a CFO transition to Caleb Morgret effective at the 10-Q filing.