Traeger, Inc
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $559.5M | $604.1M | $605.9M | $655.9M | $785.5M | $545.8M | $363.3M |
| Cost of Revenue | — | $340.2M | $348.6M | $382.3M | $427.1M | $484.8M | $311.0M | $207.5M |
| Gross Profit | — | $219.3M | $255.5M | $223.6M | $228.8M | $300.8M | $234.8M | $155.8M |
| Gross Margin | — | 39.2% | 42.3% | 36.9% | 34.9% | 38.3% | 43.0% | 42.9% |
| Operating Expenses | ||||||||
| Research & Development | — | $12.4M | $15.2M | $11.5M | $10.8M | $18.8M | $6.8M | — |
| SG&A Expense | — | $95.0M | $113.5M | $129.8M | $166.8M | $158.6M | $50.2M | $45.3M |
| Operating Income | — | $-97.7M | $-2.9M | $-55.4M | $-345.9M | $-61.1M | $58.3M | $10.5M |
| Operating Margin | — | -17.5% | -0.5% | -9.2% | -52.7% | -7.8% | 10.7% | 2.9% |
| Interest Expense | — | — | — | $31.3M | $27.9M | $26.6M | $34.1M | $39.5M |
| Pretax Income | — | $-119.3M | $-36.0M | $-82.4M | $-381.0M | $-90.3M | $31.8M | $-29.5M |
| Income Tax Expense | — | $-4.1M | $-2.0M | $2.0M | $1.2M | $1.5M | $749.0K | $124.0K |
| Net Income | — | $-115.2M | $-34.0M | $-84.4M | $-382.1M | $-91.8M | $31.1M | $-29.6M |
| Net Margin | — | -20.6% | -5.6% | -13.9% | -58.3% | -11.7% | 5.7% | -8.1% |
| EPS (Basic) | — | $-0.87 | $-0.27 | $-0.68 | $-3.19 | $-0.82 | $0.29 | $-0.27 |
| EPS (Diluted) | — | $-0.87 | $-0.27 | $-0.68 | $-3.19 | $-0.82 | $0.29 | $-0.27 |
| Shares Outstanding (Basic) | 137.3M | 133.1M | 127.4M | 123.7M | 119.7M | 112.4M | 108.7M | 108.7M |
| Shares Outstanding (Diluted) | 137.3M | 133.1M | 127.4M | 123.7M | 119.7M | 112.4M | 108.7M | 108.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |