Interactive Strength, Inc. income statement
In fiscal 2025, Interactive Strength, Inc. reported revenue of $11.5m, up 114.3% on the year before, operating income of −$19.9m (a -172.2% margin) and net income of −$24.0m, or −$171.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 5 | 12 | 21 |
| Cost of revenue | 10 | 6 | 8 | 11 | 15 |
| Gross profit | −9 | −6 | −3 | 1 | 6 |
| Research and development | 20 | 10 | 7 | 3 | 2 |
| Selling and marketing | 6 | 2 | 1 | 2 | 5 |
| General and administrative | 19 | 37 | 18 | 16 | 15 |
| Operating income | −54 | −54 | −29 | −20 | −15 |
| Net interest income | −1 | −0 | — | — | — |
| Income before tax | −58 | −51 | −35 | −24 | — |
| Income tax | 0 | 0 | 0 | 0 | — |
| Net income | −58 | −51 | −35 | −24 | −33 |
| Diluted EPS | −$477960.00 | −$16614.85 | −$16328.50 | −$171.77 | — |
| Diluted shares (average) | — | — | — | — | — |
| EBITDA | −53 | −54 | −29 | −20 | −15 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 1 | 1 | 5 | 4 | 5 | 7 |
| Cost of revenue | 2 | 3 | 2 | 1 | 4 | 4 | 4 | 3 |
| Gross profit | −0 | −0 | −0 | −0 | 1 | 1 | 2 | 3 |
| Research and development | 2 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 2 |
| General and administrative | 5 | 3 | 4 | 5 | 6 | 0 | 4 | 4 |
| Operating income | −8 | −4 | −6 | −6 | −6 | −2 | −4 | −3 |
| Net interest income | — | — | 0 | 0 | — | — | — | — |
| Income before tax | −7 | −6 | −7 | −2 | −5 | −10 | −11 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −7 | −6 | −7 | −2 | −5 | −10 | −11 | −7 |
| Diluted EPS | −$1534.56 | −$1106.01 | −$173.58 | −$149.29 | −$3.11 | −$158.21 | −$10.24 | −$17.37 |
| EBITDA | −8 | −4 | −6 | −6 | −6 | −2 | −4 | −3 |
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