Interactive Strength Inc. Reports Q1 2025 Results, Raises Revenue Guidance

Interactive Strength Inc. (Nasdaq: TRNR) announced its financial performance for Q1 2025, reporting $1.4 million in quarterly revenue, a significant rise from the previous year. Despite a net loss of $6.6 million or $1.74 per share, the company improved its adjusted EBITDA loss to $2.5 million, a 29% year-over-year increase in operational efficiency. Shareholders' equity also increased to $13.8 million.

Following strong performances across the company and its pending acquisitions, the full-year 2025 pro forma revenue guidance has been raised to over $75 million. This represents a more than 15% upgrade from earlier projections. Interactive Strength continues to expect a positive adjusted EBITDA in Q4 2025.

CEO Trent Ward emphasized that, despite pending acquisition closures, TRNR is already functioning as a unified entity, with pro forma revenues exceeding $20 million in Q1. He underscored efforts to finalize acquisitions and integrate operations for enhanced growth.