Growth Metrics

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% on a QoQ basis from $2.3 million in Q4 2025.

Interactive Strength (TRNR) has 5 years of Operating Expenses data on file, last reported at $5.6 million in Q1 2026.

  • Quarterly Operating Expenses fell 6.81% year-over-year to $5.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.4 million (down 15.76% YoY) and the FY2025 annual result came in at $20.8 million, down 21.34% from the prior year.
  • Operating Expenses climbed 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.
  • The 5-year median for Operating Expenses is $8.2 million (2024), against an average of $8.7 million.
  • The widest annual swing landed in 2023, when Operating Expenses jumped 92.94%; it then sank 61.63% in 2024.
  • Tracing TRNR's Operating Expenses over 5 years: stood at $13.2 million in 2022, then slipped by 27.11% to $9.6 million in 2023, then slumped by 61.63% to $3.7 million in 2024, then slumped by 38.44% to $2.3 million in 2025, then surged by 145.89% to $5.6 million in 2026.
  • Per Business Quant, the three latest TRNR Operating Expenses figures stand at $5.6 million (Q1 2026), $2.3 million (Q4 2025), and $6.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 E-Home Household Service Holdings 1,907.99 Bn 1,907.73 Bn - -
2 Rollins 22.42 Bn 22.30 Bn 460.90 Mn 760.94 Mn
3 Service Corp International 10.18 Bn 9.92 Bn 286.45 Mn 43.91 Mn
4 H&R Block 5.01 Bn 4.99 Bn 1.37 Bn 1.36 Bn
5 Frontdoor 4.26 Bn 3.66 Bn 248.00 Mn 44.00 Mn
6 Bright Horizons Family Solutions 3.58 Bn 3.44 Bn 163.49 Mn 97.35 Mn
7 Carriage Services 635.02 Mn 632.11 Mn 38.64 Mn 16.49 Mn
8 Andersen 491.07 Mn 1.09 Bn 74.37 Mn 216.67 Mn
9 Medifast 139.83 Mn -29.11 Mn 51.76 Mn 55.05 Mn
10 Interactive Strength 796,745.45 -5.07 Mn 1.61 Mn 5.60 Mn

Historic Data

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DateValue
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