Interactive Strength (TRNR) Operating Expenses (2022 - 2026)
Interactive Strength (TRNR) reported Operating Expenses of $6.59 million for Q2 2026, up 17.0% from $5.63 million a year earlier and up 17.6% from the prior quarter.
Interactive Strength (TRNR) Operating Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Interactive Strength's Operating Expenses came in at $21.32 million, down 6.5% year-over-year; for FY2025, it was $20.77 million, down 21.3% from FY2024.
- Operating Expenses has a three-year compound annual growth rate of -23.0% (FY2022 to FY2025).
- By year, Operating Expenses came in at $26.41 million in FY2024 (-46.1%), $48.95 million in FY2023 (+7.6%) and $45.48 million in FY2022.
- Five-year quarterly Operating Expenses spans a low of $2.28 million in Q4 2025 and a high of $19.56 million in Q1 2023.
- Year over year, Operating Expenses gained in 1 of the last eight quarters, with an average decline of 20.2%.
- The high point for year-over-year Operating Expenses in five years was Q1 2023 (growth of 92.9%); the low point was Q4 2024 (a decline of 61.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.6 million (Q1 2026), $2.28 million (Q4 2025) and $6.86 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 17.40 Bn | 14.99 Bn | 1.07 Bn | 909.20 Mn |
| 2 | Hasbro | 16.82 Bn | 11.78 Bn | 1.21 Bn | 1.08 Bn |
| 3 | Acushnet Holdings | 5.01 Bn | 4.73 Bn | 321.99 Mn | 236.71 Mn |
| 4 | Mattel | 4.46 Bn | 1.13 Bn | 542.12 Mn | - |
| 5 | YETI Holdings | 3.32 Bn | 2.78 Bn | 322.52 Mn | 229.01 Mn |
| 6 | Callaway Golf | 3.06 Bn | 945.58 Mn | 226.70 Mn | 182.00 Mn |
| 7 | Peloton Interactive | 2.55 Bn | -2.31 Bn | 342.60 Mn | 226.20 Mn |
| 8 | Sturm Ruger | 813.81 Mn | 397.26 Mn | 30.52 Mn | 24.54 Mn |
| 9 | Smith & Wesson Brands | 673.01 Mn | 585.27 Mn | 32.27 Mn | 28.05 Mn |
| 10 | Interactive Strength | 502,911.34 | -6.55 Mn | 3.22 Mn | 6.59 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.59 Mn |
| Mar 31, 2026 | 5.60 Mn |
| Dec 31, 2025 | 2.28 Mn |
| Sep 30, 2025 | 6.86 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Mar 31, 2025 | 6.01 Mn |
| Dec 31, 2024 | 3.70 Mn |
| Sep 30, 2024 | 7.47 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 8.24 Mn |
| Dec 31, 2023 | 9.64 Mn |
| Sep 30, 2023 | 8.95 Mn |
| Jun 30, 2023 | 10.80 Mn |
| Mar 31, 2023 | 19.56 Mn |
| Dec 31, 2022 | 13.23 Mn |
| Sep 30, 2022 | 12.18 Mn |
| Jun 30, 2022 | 9.94 Mn |
| Mar 31, 2022 | 10.14 Mn |
Interactive Strength Operating Expenses 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=operating-expenses&ticker=TRNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TRNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();