Interactive Strength expects Q3 2026 revenue of $8.0 million and will report results on November 16
Interactive Strength Inc. expects record third-quarter 2026 revenue of $8.0 million and an Adjusted EBITDA loss of approximately $0.5 million. The company plans to release results before the market opens on November 16, 2026, while its STEPR acquisition remains expected to close in Q4 2026.
Interactive Strength Inc. (Nasdaq:TRNR) expects to report its third-quarter 2026 financial results before the market opens on November 16, 2026. The company said it expects quarterly revenue of $8.0 million and an Adjusted EBITDA (non-GAAP) loss of approximately $0.5 million for the period ended September 30, 2026.
Following the filing of its Form 10-Q, Interactive Strength expects to publish a shareholder letter covering the results and business outlook.
The company’s performance summary describes the $8.0 million revenue figure as a quarterly record. It is above the $6.6 million reported in the second quarter of 2026 and more than 60% higher than the $4.8 million reported in the third quarter of 2025.
Interactive Strength expects its Adjusted EBITDA loss to be approximately $0.5 million, compared with $2.9 million in the third quarter of 2025, $1.8 million in the first quarter of 2026 and $0.6 million in the second quarter of 2026.
The company also said its third-quarter guidance would indicate trailing twelve-month revenue of more than $23 million, compared with approximately $10 million for the twelve months ended September 30, 2025.
In its forward-looking disclosures, Interactive Strength refers to third-quarter revenue guidance of between $7 million and $8 million and an Adjusted EBITDA loss of less than $0.5 million. The company cautioned that final third-quarter financial results may differ materially from the guidance presented.
Trent Ward, chief executive officer of Interactive Strength, said the company expects trailing twelve-month revenue to have more than doubled to ~$24 million from about $10 million a year earlier, with Adjusted EBITDA improved significantly. Ward also said the company expects pro forma 2026 revenue of $50 million, reflecting the STEPR acquisition expected to close in Q4, and anticipates positive Adjusted EBITDA for the first time.
These statements are management expectations and projections. Interactive Strength said actual results could vary materially if its assumptions prove inaccurate or if risks and uncertainties materialise.
Interactive Strength said it expects to close its acquisition of STEPR during the fourth quarter of 2026. The transaction is not presented as completed and remains subject to closing conditions, including the preparation of required audited financial statements.
The company expects STEPR to generate more than $15 million of revenue in 2026. Its disclosures also warn that the acquisition could be delayed, may not be completed or may not perform as expected.
Interactive Strength describes itself as an operationally focused acquirer with brands including Wattbike, Ergatta, CLMBR and FORME. The portfolio covers indoor cycling, connected rowing, vertical climbing, strength, mobility and recovery training for commercial and home use. STEPR remains a pending acquisition.
The company defines Adjusted EBITDA as net (loss) income adjusted for other expense (income), net; income tax expense (benefit); depreciation and amortization expense; stock-based compensation expense; gain or loss on debt extinguishment; vendor settlements; and transaction-related expenses.
Interactive Strength said it cannot provide a quantitative reconciliation of its forward-looking Adjusted EBITDA guidance to the most directly comparable forward-looking GAAP measure without unreasonable effort. It also cautioned that Adjusted EBITDA should not be treated as a substitute for, or considered in isolation from, GAAP financial results and may not be comparable with similarly titled measures reported by other companies.
Interactive Strength identified risks involving product demand, competition, consumer-demand forecasting, inventory management and the integration and performance of acquired businesses. It also cited the possibility that the STEPR acquisition may not be completed, may be delayed or may not perform as expected.
Additional disclosures include substantial doubt regarding the company’s ability to continue as a going concern, material weaknesses in internal control over financial reporting, substantial indebtedness and amounts scheduled to mature within the next twelve months. The company also cited continued-listing requirements, potential dilution from the conversion or exchange of outstanding convertible securities and reliance on a limited number of suppliers and distributors.
Interactive Strength expects to report results for the quarter ended September 30, 2026, before the market opens on November 16, 2026.
The company expects Q3 2026 revenue of $8.0 million and an Adjusted EBITDA loss of approximately $0.5 million.
The company expects its STEPR acquisition to close in Q4 2026, subject to closing conditions including required audited financial statements.
Interactive Strength disclosed risks including possible changes to final results, delayed or incomplete STEPR transaction, going-concern doubt and substantial indebtedness.
Interactive Strength Inc. announced that it expects to report its third-quarter 2026 financial results before the market opens on November 16, 2026. The company also provided expectations for record quarterly revenue of $8.0 million and an Adjusted EBITDA (non-GAAP) loss of approximately $0.5 million, while saying the STEPR acquisition is on track to close in Q4 2026.
Interactive Strength Inc. said it will report the results before the market opens on November 16, 2026, covering the third quarter ended September 30, 2026. Following the Form 10-Q filing, the company expects to publish a shareholder letter covering the results and business outlook.
Interactive Strength Inc. expects third-quarter 2026 revenue of $8.0 million. The company said this would be a new quarterly record, above the $6.6 million reported in the second quarter of 2026 and an increase of more than 60% from $4.8 million in the third quarter of 2025.
Interactive Strength Inc. expects an Adjusted EBITDA (non-GAAP) loss of approximately $0.5 million for the third quarter of 2026. The expected loss compares with $2.9 million in the third quarter of 2025, $1.8 million in the first quarter of 2026 and $0.6 million in the second quarter of 2026.
Interactive Strength Inc. said its third-quarter revenue guidance would indicate trailing twelve-month revenue of more than $23 million. This compares with approximately $10 million for the twelve months ended September 30, 2025.
Interactive Strength Inc. expects to close its acquisition of STEPR during the fourth quarter of 2026, as previously communicated. The company said STEPR is expected to generate more than $15 million of revenue in 2026, but its forward-looking disclosures also state that the acquisition could be delayed, not completed or perform differently than expected, and that closing conditions include the preparation of required audited financial statements.
Trent Ward, CEO of Interactive Strength Inc., said the company expects pro forma 2026 revenue of $50 million, reflecting the STEPR acquisition expected to close in Q4, and anticipates reporting positive Adjusted EBITDA for the first time. These are forward-looking statements based on management assumptions, and the company cautioned that actual results could vary materially from its expectations and projections.
Trent Ward said Interactive Strength Inc. expects the third quarter to demonstrate the effectiveness of its M&A model on reported earnings. He also said the company expects trailing twelve-month revenue to have more than doubled to ~$24 million from about $10 million a year earlier, with Adjusted EBITDA having improved significantly.
Interactive Strength Inc. describes itself as an operationally focused acquirer with a portfolio of premium fitness brands: Wattbike, Ergatta, CLMBR and FORME, with STEPR pending acquisition. Its products combine hardware, smart technology and immersive content for commercial and home use, covering indoor cycling, connected rowing, vertical climbing, strength, mobility and recovery training.
Interactive Strength Inc.'s shares trade on Nasdaq under the ticker symbol TRNR, written in the source as Nasdaq:TRNR.
Interactive Strength Inc. defines Adjusted EBITDA as net (loss) income adjusted to exclude other expense (income), net; income tax expense (benefit); depreciation and amortisation expense; stock-based compensation expense; gain or loss on debt extinguishment; vendor settlements; and transaction-related expenses. The company said it cannot provide a quantitative reconciliation of its forward-looking Adjusted EBITDA guidance to the most directly comparable forward-looking GAAP measure without unreasonable effort, and cautioned that Adjusted EBITDA should not be considered a substitute for GAAP results or compared automatically with similarly titled measures reported by other companies.
Interactive Strength Inc. said final third-quarter results may differ materially from its guidance and identified risks including product demand, competition, demand forecasting and inventory management, integration of acquired businesses, the performance of recently acquired businesses, and the possibility that the STEPR acquisition is not completed, is delayed or does not perform as expected. The company also disclosed substantial doubt regarding its ability to continue as a going concern, material weaknesses in internal control over financial reporting, substantial indebtedness, continued-listing risks, potential dilution from convertible securities, reliance on a limited number of suppliers and distributors, and the risk that actual results could vary materially from its expectations.