TRNR reports Q3 record revenue $4.8M (+139% YoY); reiterates $80M+ pro forma guidance

Interactive Strength, Inc.

2025-Q3 EPS reported -$13.56 vs consensus -$71.81 ▲ beat (+81.1%)

Q3 net loss $5.2M, diluted EPS -$3.11; adjusted EBITDA loss $2.9M.
Revenue $4.8M, up 139% YoY, first full quarter including Wattbike (acquired July 1).
Sportstech acquisition expected to close in 2025; if included, Q3 revenue would be ~$18M.
Reiterates FY 2025 pro forma revenue guidance >$80M and Q4 pro forma Adjusted EBITDA profitability.
CFO transition: Caleb Morgret succeeds Mike Madigan effective upon Q3 10-Q filing.

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