Interactive Strength Inc.

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

Interactive Strength Inc. trades as TRNR on NASDAQ. The company is classified in Consumer Cyclical / Personal Products & Services and reports in USD.

The current profile places the business in Personal Products & Services. This section is intended to summarize the operating segments, products, geographies, and main revenue lines from official filings.

Latest available fiscal data shows $11.53M of revenue and -$23.97M of net income.

Use this area for management strategy, capital allocation priorities, target markets, and measurable goals from the latest annual report or investor presentation.

The app now provides the structure, but exact strategic claims should come from official company documents before being treated as a finished investment thesis.

Interactive Strength Inc. can be compared against peers such as Cheetah Net Supply Chain Service Inc., E-Home Household Service Holdings Limited, GMEX ROBOTICS Corp. Class A, Inspire Veterinary Partners, Inc., Jeffs' Brands Ltd, Jowell Global Ltd..

A complete thesis should compare growth, margins, balance-sheet risk, valuation multiples, and market position against direct competitors.

Current signals to investigate include market capitalization of $103,424, beta of 0.49, and return on equity of -375.1%.

This section should be validated with evidence such as durable margins, brand strength, regulation, switching costs, cost advantage, distribution, or technology.

Key risks should include financial leverage, cyclicality, customer concentration, regulatory exposure, currency risk, and execution risk.

TRNR currently shows total debt of $20.60M and beta of 0.49. Missing data should be treated as a research gap, not as low risk.

Production-capacity detail is not available as structured data yet. For industrial, defense, semiconductor, or real-estate companies, this should be reviewed from annual reports and investor presentations.

No structured backlog field is available yet. If the company reports backlog, review the relevant filing section before adding it to the thesis.

Use this section for major contracts, product launches, construction projects, acquisitions, or strategic programs that can materially affect valuation.

Recent filings to review: DEFA14A (2026-06-04 00:00:00), 10-Q (2026-05-20 00:00:00), NT 10-Q (2026-05-15 00:00:00), 8-K/A (2026-05-12 00:00:00).

Customer concentration is not available as structured data here. Add it from official filings when a company discloses material customers or revenue concentration.

Supplier concentration and critical supply-chain dependencies are not available as structured data here. This should be researched from annual reports and risk disclosures.

Company website: https://formelife.com

For US-listed stocks, verify the thesis against official filings, earnings call transcripts, and company investor relations materials.