Interactive Strength (TRNR) Operating Expenses (2022 - 2026)
Interactive Strength (TRNR) reported 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 5 years of Operating Expenses data on file, last reported at $5.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $5.6 million, down 6.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.4 million (down 15.76% YoY), and the FY2025 annual result was $20.8 million, down 21.34% from the prior year.
- Operating Expenses advanced to $5.6 million in Q1 2026 per TRNR's latest filing, from $2.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $19.6 million in Q1 2023 and troughed at $2.3 million in Q4 2025.
- A 5-year average of $8.7 million and a median of $8.2 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 92.94% in 2023, then tumbled 61.63% in 2024.
- A 5-year view of Operating Expenses shows it stood at $13.2 million in 2022, then declined by 27.11% to $9.6 million in 2023, then plunged by 61.63% to $3.7 million in 2024, then plunged by 38.44% to $2.3 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rollins | 21.62 Bn | 21.51 Bn | 460.90 Mn | 760.94 Mn |
| 2 | Service Corp International | 10.11 Bn | 9.85 Bn | 286.45 Mn | 43.91 Mn |
| 3 | Frontdoor | 5.02 Bn | 4.41 Bn | 248.00 Mn | 44.00 Mn |
| 4 | H&R Block | 4.36 Bn | 4.34 Bn | 1.37 Bn | 1.36 Bn |
| 5 | Bright Horizons Family Solutions | 3.49 Bn | 3.36 Bn | 163.49 Mn | 97.35 Mn |
| 6 | Carriage Services | 593.84 Mn | 590.93 Mn | 38.64 Mn | 16.49 Mn |
| 7 | Andersen | 468.18 Mn | 1.07 Bn | 74.37 Mn | 216.67 Mn |
| 8 | Medifast | 121.56 Mn | -47.38 Mn | 51.76 Mn | 55.05 Mn |
| 9 | Regis | 69.19 Mn | 69.19 Mn | - | 46.69 Mn |
| 10 | Interactive Strength | 619,177.83 | -5.25 Mn | 1.61 Mn | 5.60 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 |