---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-033467"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2026-05-11T20:09:57+00:00"
generated_at: "2026-05-11T20:11:58.856810+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Traeger Q1 revenue down 34% to $94.1M; raises FY 2026 Adj. EBITDA & margin outlook

## Summary
- Revenue $94.1M (-34.3% YoY); grill revenue $47.4M (-45.4%), consumables $26.1M (-13.7%), accessories $20.6M (-21.8%).
- Net income $2.9M ($1.08 diluted EPS) vs net loss $0.8M ($0.30 loss) YoY; adjusted net income $4.0M ($1.49 EPS).
- Adjusted EBITDA $17.3M vs $22.5M; gross margin 45.7% includes $12.4M IEEPA tariff refund; ex-refund margin 32.6%.
- Raises full-year 2026 adjusted EBITDA and gross margin outlook; reiterates revenue guidance on Project Gravity momentum.
- Project Gravity on track; launched Westwood and Irontop grills; partial offsets from MEATER competition and tariff uncertainty.

## SEC filing metadata
- accession: 0001628280-26-033467
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2026-05-11T20:09:57+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000162828026033467/0001628280-26-033467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000162828026033467/tra-20260511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-033467
- JSON: https://secwatch.observer/filing/0001628280-26-033467.json
- Plain text: https://secwatch.observer/filing/0001628280-26-033467.txt

## Key facts
- Earnings Releases
  Traeger, Inc. reported the three months ended March 31, 2026 results: revenue $94.1 million, net income $2.9 million, EPS $1.08 per diluted share. Guidance raised.
  - Period: the three months ended March 31, 2026
  - Revenue: $94.1 million
  - Net income: $2.9 million
  - EPS: $1.08 per diluted share
  - Guidance: raised
  - Result: preliminary results
  source text: leader of the wood pellet grill, today announced its financial results for the three months ended March 31, 2026. First Quarter 2026 Results • Total revenues decreased 34.3% to $94.1 million • Grill revenues decreased 45.4% to $47.4 million • Net income of $2.9 million or $1.08 per diluted share 1 • Adjusted EBITDA of $17.3 million • Operating cash flow of $17.9
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000162828026033467/0001628280-26-033467-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.