TRNR to Report Q1 2026 Results on May 20, 2026; Previews Preliminary Q1 Pro Forma Revenue of Approximately $7.7 Million
Rhea-AI Summary
TRNR (Nasdaq:TRNR) plans to report Q1 2026 results on May 20, 2026 after filing a Form 12b-25 to use a five-day extension for integrating Ergatta's financials.
Based on preliminary, unaudited data, Q1 2026 revenue is expected to exceed $5.0 million, with pro forma revenue of about $7.7 million including Ergatta for the full quarter.
Ergatta's audited 2025 results show $12.4 million net revenue, $7.2 million gross profit at ~58% margin, $1.1 million income from operations, and $0.7 million net income, plus $3.5 million cash at year-end. Pro forma combined 2025 revenue for TRNR and Ergatta was $24.0 million, and TRNR reiterates expected 2026 full-year pro forma revenue above $30 million. TRNR also indicates Ergatta's 2026 operating income is expected to be about $4.0 million following cost reductions.
AI-generated analysis. Not financial advice.
Positive
- Preliminary Q1 2026 revenue expected to exceed $5.0 million
- Q1 2026 pro forma revenue estimated at approximately $7.7 million
- Ergatta 2025 net revenue reported at $12.4 million
- Ergatta 2025 income from operations of $1.1 million and net income of $0.7 million
- Pro forma combined 2025 revenue for TRNR and Ergatta of $24.0 million
- TRNR reiterates expectation for 2026 full-year pro forma revenue above $30 million
- Ergatta 2026 operating income expected to be approximately $4.0 million after cost cuts
Negative
- TRNR will file Form 12b-25 to delay Q1 2026 10-Q filing by five days
- Q1 2026 results include only 21 days of Ergatta consolidation
- Final Q1 2026 net loss and Adjusted EBITDA figures are not yet available and may show losses
News Market Reaction – TRNR
On the day this news was published, TRNR gained 1.99%, reflecting a mild positive market reaction. Argus tracked a peak move of +27.4% during that session. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $42K to the company's valuation, bringing the market cap to $2.16M at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Momentum data flags a stock-specific setup: scanner peers like CLIK and WBUY are both moving down (as much as -11.40%), while the sector list shows mixed moves with most peers negative.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Distribution expansion | Positive | +8.3% | CLMBR placement on Rogue Fitness and >$30M 2026 revenue guidance. |
| Apr 01 | Shareholder letter | Positive | +9.5% | Shareholder letter highlighting 2025 record results and 2026 expectations. |
| Mar 31 | Earnings and buyback | Positive | +5.4% | Record 2025 growth, 2026 guidance, and a $0.5M stock repurchase program. |
| Mar 20 | Buyback authorization | Positive | +9.8% | Authorization of $500,000 repurchase program tied to >$30M 2026 revenue view. |
| Mar 17 | Trade show update | Positive | -5.4% | HFA 2026 exhibition and commentary on >$30M 2026 pro forma revenue. |
Recent news around growth, acquisitions, and buybacks often saw positive price reactions, with only one notable divergence on a trade-show event.
Over the past few months, TRNR has focused on transformation and growth. It reported record 2025 revenue of $11.5M with 114% growth, confirmed $30M+ pro forma 2026 revenue guidance, and launched a $0.5M stock repurchase program representing roughly 19–20% of shares. Additional updates highlighted record results, a CLMBR placement on Rogue Fitness, and expanding brand presence at HFA 2026. Today’s preliminary Q1 and Ergatta disclosures extend that same growth and integration narrative.
Regulatory & Risk Context
The company has an effective Form S-3/A shelf, amended on 2026-01-16 mainly to add an auditor consent. The shelf is effective and has been used in conjunction with prospectus supplements, supporting flexibility for registered offerings, including its at-the-market equity program.
Market Pulse Summary
This announcement previews Q1 2026 revenue of more than $5.0 million and about $7.7 million on a pro forma basis, while detailing Ergatta’s 2025 revenue of $12.4 million and positive net income. It reinforces earlier guidance for over $30 million in 2026 pro forma revenue and highlights ongoing integration of recent acquisitions. Investors may watch the May 20 earnings release for full profitability metrics, updated guidance, acquisition pipeline commentary, and details on the stock repurchase program.
Key Terms
form 8-k/a regulatory
form 12b-25 regulatory
current report on form 8-k/a regulatory
pro forma combined financial information financial
adjusted ebitda (non-gaap) financial
AI-generated analysis. Not financial advice.
TRNR Preliminary Pro Forma Q1 26 Revenue is Expected to be approximately
TRNR May 12 Form 8-K/A Discloses Ergatta Full-Year 2025 Net Revenue of
Pro forma combined 2025 revenue of Interactive Strength and Ergatta, as if the acquisition had been completed on January 1, 2025, was
AUSTIN, TX / ACCESS Newswire / May 13, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR, FORME and Ergatta brands, today announced that it expects to report its first quarter 2026 financial results on May 20, 2026, due to additional time required to incorporate the financials of the most recent acquisition, Ergatta. In connection with today's announcement, the Company is providing a preliminary preview of Q1 2026 top-line results. It is also highlighting the May 12 Form 8-K/A, which provides Ergatta, Inc.'s audited, historical financial statements for the fiscal years ended December 31, 2025 and 2024 and unaudited pro forma combined financial information of Interactive Strength and Ergatta.
Trent Ward, CEO of TRNR, stated: "We are excited to report the first set of financials that begin to consolidate Ergatta, and we wanted to provide notice that we would be utilizing the automatic five-day extension and are expecting to report Q1 on May 20. There is additional work when integrating an acquisition into our reporting and we want to ensure we have sufficient time to complete the work."
"We are expecting to report Q1 2026 revenue of more than
"Lastly, we filed the 8-K/A for the Ergatta transaction on May 12 and this reports Ergatta's audited 2025 financials and the pro forma combined financial information of Interactive Strength and Ergatta into the public record. The historical numbers describe a business that, on a standalone basis in 2025, generated
Q1 2026 Earnings Release Date
TRNR expects to issue its Q1 2026 earnings release on May 20, 2026. The Company is expected to file a Notification of Late Filing (Form 12b-25) with the Securities and Exchange Commission to use the standard five-calendar-day-extension. The additional time supports completion of the Company's integration accounting following the March 11, 2026 closing of the Ergatta acquisition.
Preliminary Q1 2026 Revenue Preview
Based on preliminary, unaudited results, the Company expects to report Q1 2026 revenue of more than
Final results, including net loss, Adjusted EBITDA (non-GAAP), and a complete reconciliation, will be reported on May 20, 2026.
The Company also reiterates that it expects 2026 full year pro forma revenue of more than
Form 8-K/A Disclosures: Ergatta Historical and Pro Forma Combined Financial Information
On May 12, 2026, the Company filed a Current Report on Form 8-K/A providing the audited historical financial statements of Ergatta, Inc. for the fiscal years ended December 31, 2025 and 2024 and unaudited pro forma combined financial information of Interactive Strength and Ergatta.
The 8-K/A amends the Company's original Form 8-K dated March 11, 2026 reporting the closing of the Ergatta acquisition. Selected Ergatta historical financial information for the year ended December 31, 2025 disclosed in the Form 8-K/A includes:
Net revenue of
$12.4 million , including$8.5 million of subscription and content licensing revenue (an increase from$7.7 million in 2024).Gross profit of
$7.2 million , representing a gross margin of approximately58% .Income from operations of
$1.1 million .Net income of
$0.7 million .Cash and cash equivalents of
$3.5 million as of December 31, 2025.
Pro forma combined 2025 revenue of Interactive Strength and Ergatta, as if the acquisition had been completed on January 1, 2025, was
The pro forma combined financial information is presented for illustrative purposes only and is not necessarily indicative of results that would have been reported.
The full Form 8-K/A, including the audited Ergatta financial statements and the unaudited pro forma combined financial information, is available on the Company's investor relations website and through the SEC's EDGAR system.
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:
About Interactive Strength Inc.:
Interactive Strength Inc. (Nasdaq:TRNR) is an operationally focused acquirer that has established a leading portfolio of premium fitness brands - Wattbike, CLMBR, FORME and Ergatta - 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.
Ergatta is a connected fitness company recognized as a pioneer in game-based rowing. Its connected rowing equipment combines competitive, game-based workouts with a premium hardware experience, generating industry-leading engagement and retention metrics.
From elite performance to everyday wellness, the Company's ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.
Channels for Disclosure of Information
In compliance with disclosure obligations under Regulation FD, we announce material information to the public through a variety of means, including filings with the Securities and Exchange Commission ("SEC"), press releases, company blog posts, public conference calls, and webcasts, as well as via our investor relations website. Any updates to the list of disclosure channels through which we may announce information will be posted on the investor relations page on our website. The inclusion of our website address or the address of any third-party sites in this press release are intended as inactive textual references only.
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: the Company's expected May 20, 2026 issuance of its Q1 2026 earnings release; the Company's expected timing of filing its Quarterly Report on Form 10-Q within the standard five calendar day extension period available under Rule 12b-25; the Company's preliminary Q1 2026 revenue expectation of approximately
SOURCE: Interactive Strength Inc.
View the original press release on ACCESS Newswire