INTERACTIVE STRENGTH INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $11.5M | $5.4M | $962.0K | $681.0K |
| Cost of Revenue | $10.6M | $8.2M | $6.5M | $9.5M |
| Gross Profit | $913.0K | $-2.8M | $-5.5M | $-8.9M |
| Gross Margin | 7.9% | -51.6% | -574.6% | -1,302.2% |
| Operating Expenses | ||||
| Research & Development | $2.9M | $7.0M | $10.0M | $20.0M |
| SG&A Expense | $15.6M | $18.3M | $37.3M | $19.3M |
| Operating Income | $-19.9M | $-29.2M | $-54.5M | $-54.3M |
| Operating Margin | -172.2% | -542.5% | -5,663.2% | -7,980.2% |
| Interest Expense | — | — | — | — |
| Pretax Income | $-24.0M | $-34.9M | $-51.4M | $-58.2M |
| Income Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | $-24.0M | $-34.9M | $-51.4M | $-58.2M |
| Net Margin | -207.9% | -649.3% | -5,340.2% | -8,549.9% |
| EPS (Basic) | $-171.77 | $-16,328.50 | $-16,614.85 | $-4.78 |
| EPS (Diluted) | $-171.77 | $-16,328.50 | $-16,614.85 | $-4.78 |
| Shares Outstanding (Basic) | 139.5K | 213.9K | 12.4M | 12.2M |
| Shares Outstanding (Diluted) | 139.5K | 213.9K | 12.4M | 12.2M |
| Dividends Per Share | — | — | — | — |