Interactive Strength Inc. Reports Record Q2 Results and Increases Revenue Guidance
News fromCourierPR · 2 min read
AUSTIN, Texas, September 23, 2026 /CourierPR/ -- Interactive Strength Inc., a maker of innovative specialty fitness equipment, has reported record second quarter 2026 results, with a significant increase in revenue and gross margin. The company, which operates under the Wattbike, Ergatta, CLMBR, and FORME brands, saw its gross margin rise to 48% from 31% in the first quarter of 2026.
In a shareholder letter published on its website, the company also announced an increase in revenue and Adjusted EBITDA guidance for the third quarter of 2026. TRNR now expects to generate between $7 million and $8 million in revenue and an Adjusted EBITDA (non-GAAP) loss of less than $0.5 million. The company had previously guided for a loss of $0.7 million.
Interactive Strength Inc. also confirmed its prior pro forma annual guidance, which projects more than $50 million in group revenue for the year, including the anticipated acquisition of STEPR, Inc., the leading provider of connected stair climbing technology. STEPR is expected to contribute significantly to the company's financial performance.
The letter further detailed the robust M&A pipeline of the company, which includes the pending acquisition of STEPR. The special meeting of stockholders held on August 28, 2026, was a key milestone, as it paved the way for the integration of STEPR into the Interactive Strength Inc. portfolio. The acquisition is expected to enhance the company's offerings and expand its market presence.
Interactive Strength Inc. continues to focus on delivering exceptional training experiences through its ecosystem of performance-focused solutions. The company's portfolio includes Wattbike, Ergatta, CLMBR, and FORME, each designed to provide advanced hardware, smart technology, and immersive content for both commercial and home use.
The FORME brand, for instance, offers the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training, ideal for high-performance environments and sport-specific development. These products are part of the company's strategy to meet the diverse needs of athletes, fitness enthusiasts, and commercial operators.
Interactive Strength Inc. remains committed to achieving operational and financial targets, including profitability at the group level. The company's forward-looking statements, which are subject to certain risks and uncertainties, reflect management's current views and are based on assumptions that may prove inaccurate. The reader is cautioned not to rely on these forward-looking statements, as they are based on current expectations of future events.
The company's pursuit of additional accretive transactions is part of its ongoing strategy to grow and strengthen its portfolio. Interactive Strength Inc. will continue to monitor market conditions and pursue opportunities that align with its strategic goals.