Interactive Strength (TRNR) Research & Development (2022 - 2026)
Interactive Strength (TRNR) recorded Research & Development of $415,000 in Q2 2026, down 46.7% from $779,000 a year earlier and down 5.3% from the prior quarter.
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Analysis
Interactive Strength (TRNR) Research & Development (2022 - 2026) Analysis & Trends
On a TTM basis, Interactive Strength's Research & Development came in at $1.72 million as of Jun 30, 2026, down 62.1% year-over-year; for FY2025, it was $2.92 million, down 58.2% from FY2024.
- Annual Research & Development has declined for three straight years, with a three-year compound annual growth rate of -47.3% (FY2022 to FY2025).
- Across earlier years, Research & Development came in at $6.99 million in FY2024 (-30.4%), $10.04 million in FY2023 (-49.7%) and $19.96 million in FY2022.
- Quarterly Research & Development has ranged from $280,000 in Q4 2024 to $5.46 million in Q2 2022 over the past five years.
- On a year-over-year basis, Research & Development rose in 1 of the last eight quarters, with an average decline of 40.9%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 66.1% in Q4 2025, against a decline of 87.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $438,000 (Q1 2026), $465,000 (Q4 2025) and $404,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | - |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 93.60 Mn |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 20.76 Mn |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | - |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | - |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 15.80 Mn |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 56.90 Mn |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | 430,759.00 |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | - |
| 10 | Interactive Strength | 989,467.85 | -6.06 Mn | 3.22 Mn | 415,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 415,000.00 |
| Mar 31, 2026 | 438,000.00 |
| Dec 31, 2025 | 465,000.00 |
| Sep 30, 2025 | 404,000.00 |
| Jun 30, 2025 | 779,000.00 |
| Mar 31, 2025 | 1.27 Mn |
| Dec 31, 2024 | 280,000.00 |
| Sep 30, 2024 | 2.21 Mn |
| Jun 30, 2024 | 2.47 Mn |
| Mar 31, 2024 | 2.02 Mn |
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | 2.36 Mn |
| Jun 30, 2023 | 2.33 Mn |
| Mar 31, 2023 | 3.11 Mn |
| Dec 31, 2022 | 4.68 Mn |
| Sep 30, 2022 | 4.85 Mn |
| Jun 30, 2022 | 5.46 Mn |
| Mar 31, 2022 | 4.97 Mn |
API Access
Interactive Strength Research & Development 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=research-and-development&ticker=TRNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=TRNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();