Filing Flows › Interactive Strength (TRNR) › Q2 2025
Interactive Strength (TRNR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Interactive Strength (TRNR) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), +96% from a year earlier and -10% from the quarter before. Operating margin was -477.8%, net loss $2.2M (178.8% of revenue).
Interactive Strength, Q2 2025: revenue $1.2M (+96% year over year), operating margin -477.8%, net loss $2.2M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | -10% | +96% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $1.2M in Q2 2025, up 96% year over year and down 10% from the previous quarter. CLMBR was the largest line at 82% of revenue. CLMBR added $570K year over year (up 133%), 95% of the total change.
Operating costs exceeded revenue by $5.8M, an operating margin of -477.8%. Total costs fell 17% while revenue rose 96%. The fastest-growing cost line was Sales & marketing (+88%). The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $6.6M loss. Non-operating items added $3.6M, -167% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.2M. Non-cash charges added back $810K of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $3.6M.
Questions
What was Interactive Strength's revenue in the second quarter 2025?
Interactive Strength (TRNR) reported revenue of $1.2M for the second quarter 2025 (Q2 2025), +96% from a year earlier and -10% from the quarter before.
Was Interactive Strength profitable in the second quarter 2025?
Operating loss was $5.8M (-477.8% of revenue) and net loss $2.2M.