Interactive Strength Inc. (TRNR) carries a Roarable Rating of D- (Sell) with 39/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
FRED Regime × Technicals: 2% of 52W Range • RSI-14 at 25.5 (OVERSOLD (<32))
20D Institutional Volume Accumulation (±12.5% realized swing band)
Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment
While TRNR currently carries a cautious 39/100 (D-) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Established market leader in Technology with deep daily trading liquidity.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($2.43) and Max Pain ($1.68) forces dealer call-delta covering toward $216.24.
Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Interactive Strength Inc. (TRNR) slipped -1.84% to $1.60, trading at 2% of its 52-week range ($1.37 – $205.94). Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.
This progress is often announced by partners and independent publications, or at the brand or customer level, and demonstrates how active and productive TRNR's portfolio companies have been in recent months.Trent Ward, C
Company Expects Q3 2026 Adjusted EBITDA Loss of approximately $0.5 MillionSTEPR acquisition on track to close in Q4 2026AUSTIN, TX / ACCESS Newswire / October 20, 2026 / (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of
TRNR 2026 Performance SummaryThe Company expects third quarter 2026 revenue of $8.0 million and an Adjusted EBITDA (non-GAAP) loss of approximately $0.5 million.Quarterly revenue is expected to be a new record, above
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +114.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on TRNR today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for TRNR. Explore sector supply chains on /butterfly.
Across 714 tracked Technology securities in the Roarable RQD universe, Interactive Strength Inc. (TRNR) ranks #566 by composite RQD confidence (39/100, grade D-) and #694 by equity capitalization ($2.6M). Within this direct 5-issuer industry benchmark cohort, OTIS leads on earnings valuation at 20.5x trailing P/E, while OTIS leads on capital efficiency and profitability with 74.2% ROIC and — gross margin. EMR currently holds the highest overall quantitative score in the immediate peer group at 69/100 (C+) compared with TRNR at 39/100 (D-).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| TRNR
ACTIVE
Interactive Strength Inc. | D- | 39/100 | — | 7.9% | -35.0% | -1.84% | $2.6M | Benchmark Subject |
| FXHO UTime Limited (Class A) | E | 31/100 | — | 1.0% | — | -3.67% | $193.1M | /fxho-vs-trnr → |
| OTIS Otis Worldwide Corporation | C | 65/100 | 20.5x | — | 74.2% | +2.39% | $28.40B | /otis-vs-trnr → |
| EMR Emerson Electric Company | C+ | 69/100 | 41.5x | 52.8% | 9.7% | +1.81% | $95.24B | /emr-vs-trnr → |
| GEV GE Vernova Inc. | D | 49/100 | 48.1x | 19.8% | 4.4% | +1.12% | $234.99B | /gev-vs-trnr → |
In its most recent audited fiscal period (FY2025, filed 2025-12-31), Interactive Strength Inc. (TRNR) reported GAAP revenue of $11.5M (+114.3% vs. FY2024 revenue of $5.4M , and +1098.5% cumulative change since FY2023) , GAAP net income of -$23.70B, operating cash flow of -$10.4M, and free cash flow of -$10.5M (+29.1% YoY). On the balance sheet, TRNR closed FY2025 with $46.8M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $11.5M | -$23.70B | -$10.4M | -$10.5M | $46.8M | — |
| FY2024 (FY) | 2024-12-31 | $5.4M | -$34.93B | -$14.8M | -$14.8M | $34.2M | — |
| FY2023 (FY) | 2023-12-31 | $962.0K | -$51.37B | -$15.4M | -$15.4M | — | — |
As of 2026-11-01, Interactive Strength Inc. (NASDAQ: TRNR) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $1.60 (-1.84% 1D, market cap $2.6M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 8/20, Executive Insider Alignment 8/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 3/20. Across 714 tracked Technology issuers, TRNR ranks #566 in composite RQD confidence.
Within the Technology sector (Consumer Electronics/Appliances), TRNR carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of 7.9%, and ROIC of -35.0%. By comparison, FXHO (UTime Limited (Class A)) holds a E grade (31/100 RQD, P/E N/A, ROIC —, cap $193.1M) and OTIS (Otis Worldwide Corporation) posts a C grade (65/100 RQD, P/E 20.5x, ROIC 74.2%, cap $28.40B). Among the 5-stock peer group, OTIS leads on earnings multiple (20.5x) while OTIS leads on capital efficiency (74.2% ROIC).
Per TRNR's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001785056), Interactive Strength Inc. generated $11.5M in revenue (+114.3% YoY), -$23.70B in net income, and -$10.5M in free cash flow against $46.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
TRNR last traded at $1.60 (-1.84% on volume of 1,550 shares), positioning the stock -34.16% below its 50-day simple moving average ($2.43) and -82.53% below its 200-day simple moving average ($9.16). Across its 52-week range of $1.37 to $205.94, TRNR sits at the 0.1% percentile with a 14-day RSI of 25.5 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($1.40 to $1.80).
Why TRNR Stock slipped -1.84% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.