Filing Flows › Interactive Strength (TRNR) › Q4 2024
Interactive Strength (TRNR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Interactive Strength (TRNR) reported revenue of $2.4M for the fourth quarter 2024 (Q4 2024), up 13-fold from a year earlier and +18% from the quarter before. Operating margin was -172.4%, net loss $5.8M (241.8% of revenue).
Interactive Strength, Q4 2024: revenue $2.4M (13× year over year), operating margin -172.4%, net loss $5.8M, operating cash flow −$5.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4M | +18% | 13× |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$5.8M | — | — |
| Operating cash flow | −$5.9M | — | — |
What changed
Revenue was $2.4M in Q4 2024, up 1202% year over year and up 18% from the previous quarter.
Operating costs exceeded revenue by $4.1M, an operating margin of -172.4%. Total costs fell 43% while revenue rose 1202%. The fastest-growing cost line was Sales & marketing (+228%). The quarter ended with a net loss of $5.8M, narrower than the previous quarter's $7.1M loss.
Operating cash flow was −$5.9M. Non-cash charges added back $1.0M of depreciation and amortization and $804K of share-based compensation. Working capital and other items used $2.0M.
Questions
What was Interactive Strength's revenue in the fourth quarter 2024?
Interactive Strength (TRNR) reported revenue of $2.4M for the fourth quarter 2024 (Q4 2024), up 13-fold from a year earlier and +18% from the quarter before.
Was Interactive Strength profitable in the fourth quarter 2024?
Operating loss was $4.1M (-172.4% of revenue) and net loss $5.8M.