Filing Flows › Interactive Strength (TRNR) › Q1 2025
Interactive Strength (TRNR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 19, 2025
Interactive Strength (TRNR) reported revenue of $1.4M for the first quarter 2025 (Q1 2025), +274% from a year earlier and -43% from the quarter before. Operating margin was -465.5%, net loss $6.6M (486.9% of revenue).
Interactive Strength, Q1 2025: revenue $1.4M (+274% year over year), operating margin -465.5%, net loss $6.6M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -43% | +274% |
| Operating profit | −$6.3M | — | — |
| Net earnings | −$6.6M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $1.4M in Q1 2025, up 274% year over year and down 43% from the previous quarter. CLMBR was the largest line at 90% of revenue. CLMBR added $1.0M year over year (up 569%), 104% of the total change. FORME declined 23%.
Operating costs exceeded revenue by $6.3M, an operating margin of -465.5%. Total costs fell 22% while revenue rose 274%. The quarter ended with a net loss of $6.6M, wider than the previous quarter's $5.8M loss.
Operating cash flow was −$3.5M. Non-cash charges added back $912K of depreciation and amortization and $2.1M of share-based compensation.
Questions
What was Interactive Strength's revenue in the first quarter 2025?
Interactive Strength (TRNR) reported revenue of $1.4M for the first quarter 2025 (Q1 2025), +274% from a year earlier and -43% from the quarter before.
Was Interactive Strength profitable in the first quarter 2025?
Operating loss was $6.3M (-465.5% of revenue) and net loss $6.6M.