Interactive Strength (TRNR) Operating Expenses (2022 - 2026)
Interactive Strength (TRNR) posted quarterly Operating Expenses of $5.6 million for Q1 2026, down 6.81% year-over-year from $6.0 million in Q1 2025, and up 145.89% quarter-over-quarter from $2.3 million in Q4 2025.
Interactive Strength (TRNR) Operating Expenses (2022 - 2026) Analysis & Trends
Interactive Strength (TRNR) has reported Operating Expenses for 5 consecutive years, with $5.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 6.81% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $20.4 million (down 15.76% YoY), while the FY2025 annual figure was $20.8 million, down 21.34% from the prior year.
- Operating Expenses rose to $5.6 million in Q1 2026 per TRNR's latest filing, from $2.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $19.6 million in Q1 2023 and bottomed at $2.3 million in Q4 2025.
- Historically, Operating Expenses has averaged $8.7 million across 5 years, with a median of $8.2 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses soared 92.94% — and 2024, when it tumbled 61.63%.
- Interactive Strength's Operating Expenses stood at $13.2 million in 2022, then fell by 27.11% to $9.6 million in 2023, then sank by 61.63% to $3.7 million in 2024, then sank by 38.44% to $2.3 million in 2025, then surged by 145.89% to $5.6 million in 2026.
- Business Quant data shows TRNR's Operating Expenses at $5.6 million in Q1 2026, $2.3 million in Q4 2025, and $6.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rollins | 17.73 Bn | 17.62 Bn | 569.95 Mn | 877.22 Mn |
| 2 | Service Corp International | 11.46 Bn | 11.20 Bn | 273.50 Mn | 41.78 Mn |
| 3 | H&R Block | 6.85 Bn | 5.89 Bn | 594.35 Mn | 768.10 Mn |
| 4 | Frontdoor | 5.78 Bn | 5.16 Bn | 378.00 Mn | 77.00 Mn |
| 5 | Bright Horizons Family Solutions | 3.77 Bn | 3.61 Bn | 188.96 Mn | 108.00 Mn |
| 6 | Andersen | 667.83 Mn | 492.20 Mn | 44.10 Mn | 226.58 Mn |
| 7 | Carriage Services | 538.00 Mn | 535.45 Mn | 35.04 Mn | 14.36 Mn |
| 8 | Medifast | 133.51 Mn | -36.31 Mn | 53.40 Mn | 57.72 Mn |
| 9 | Regis | 68.02 Mn | 68.02 Mn | - | 46.69 Mn |
| 10 | Interactive Strength | 1.19 Mn | -843,274.06 | 3.22 Mn | 6.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |