Interactive Strength (TRNR) Gross Margin (2022 - 2026)
Interactive Strength's Gross Margin came in at 48.37% for Q2 2026, up 64.28 percentage points from -15.91% a year earlier and up 17.07 percentage points from the prior quarter.
Interactive Strength (TRNR) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Interactive Strength reported Gross Margin of 30.05%, up 47.20 percentage points year-over-year; for FY2025, it came in at 7.92%, up 59.55 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, with a three-year change of +1310.12 percentage points (FY2022 to FY2025).
- Going back by year, Gross Margin was -51.64% in FY2024 (+523.00 pp), -574.64% in FY2023 (+727.57 pp) and -1302.20% in FY2022.
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q1 2022.
- Year-over-year, Gross Margin has increased for 14 consecutive quarters, with an average year-over-year change of +229.22 percentage points over the last eight quarters.
- Over the past five years, the year-over-year gain in Gross Margin ranged from 31.31 percentage points (Q4 2025) to 1207.91 percentage points (Q2 2023).
- Business Quant data shows TRNR's Gross Margin at 31.30% (Q1 2026), 14.11% (Q4 2025) and 17.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 17.40 Bn | 14.99 Bn | 1.07 Bn | 65.64% |
| 2 | Hasbro | 16.82 Bn | 11.78 Bn | 1.21 Bn | 75.88% |
| 3 | Acushnet Holdings | 5.01 Bn | 4.73 Bn | 321.99 Mn | 49.59% |
| 4 | Mattel | 4.46 Bn | 1.13 Bn | 542.12 Mn | 48.17% |
| 5 | YETI Holdings | 3.32 Bn | 2.78 Bn | 322.52 Mn | 66.66% |
| 6 | Callaway Golf | 3.06 Bn | 945.58 Mn | 226.70 Mn | 51.89% |
| 7 | Peloton Interactive | 2.55 Bn | -2.31 Bn | 342.60 Mn | 61.27% |
| 8 | Sturm Ruger | 813.81 Mn | 397.26 Mn | 30.52 Mn | 20.68% |
| 9 | Smith & Wesson Brands | 673.01 Mn | 585.27 Mn | 32.27 Mn | 28.66% |
| 10 | Interactive Strength | 502,911.34 | -6.55 Mn | 3.22 Mn | 48.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.37% |
| Mar 31, 2026 | 31.30% |
| Dec 31, 2025 | 14.11% |
| Sep 30, 2025 | 17.13% |
| Jun 30, 2025 | -15.91% |
| Mar 31, 2025 | -22.42% |
| Dec 31, 2024 | -17.21% |
| Sep 30, 2024 | -14.30% |
| Jun 30, 2024 | -141.71% |
| Mar 31, 2024 | -330.58% |
| Dec 31, 2023 | -883.61% |
| Sep 30, 2023 | -366.99% |
| Jun 30, 2023 | -360.13% |
| Mar 31, 2023 | -1,051.59% |
| Dec 31, 2022 | -1,388.66% |
| Sep 30, 2022 | -1,241.29% |
| Jun 30, 2022 | -1,568.04% |
| Mar 31, 2022 | -1,141.80% |
Interactive Strength Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TRNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TRNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TRNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();