Interactive Strength (TRNR) Operating Expenses (2022 - 2026)

Interactive Strength's (TRNR) quarterly Operating Expenses came in at $5.6 million in Q1 2026, down 6.81% year-on-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) 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.

  • On a quarterly basis, Operating Expenses fell 6.81% year-over-year to $5.6 million in Q1 2026; TTM through Mar 2026 was $20.4 million, a 15.76% decrease from a year earlier, with the FY2025 full-year figure at $20.8 million, down 21.34% from the prior year.
  • Operating Expenses for Q1 2026 stood at $5.6 million, up from $2.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for TRNR reached as high as $19.6 million in Q1 2023 and fell as low as $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.
  • Across the five-year window, Operating Expenses jumped 92.94% in 2023 and sank 61.63% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $13.2 million in 2022, then decreased 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 jumped by 145.89% to $5.6 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 18.92 Bn 18.81 Bn 569.95 Mn 877.22 Mn
2 Service Corp International 11.53 Bn 11.27 Bn 286.45 Mn 43.91 Mn
3 H&R Block 5.39 Bn 4.52 Bn 1.37 Bn 1.36 Bn
4 Frontdoor 5.11 Bn 4.51 Bn 248.00 Mn 44.00 Mn
5 Bright Horizons Family Solutions 4.28 Bn 4.15 Bn 163.49 Mn 97.35 Mn
6 Carriage Services 622.33 Mn 619.42 Mn 38.64 Mn 13.09 Mn
7 Andersen 577.66 Mn 365.75 Mn 74.37 Mn 216.67 Mn
8 Medifast 107.75 Mn -61.20 Mn 51.76 Mn 55.05 Mn
9 Regis 69.47 Mn 69.47 Mn - 46.69 Mn
10 Interactive Strength 462,479.39 -5.41 Mn 1.61 Mn 5.60 Mn

Historic Data

Download Data
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