Overview
US specialty fitness equipment maker's Q1 2026 revenue rose 279% yr/yr to $5.1 mln
Company repurchased 105,000 shares in May; two acquisition LOIs submitted
Outlook
Company expects Q2 2026 revenue of approximately $8 mln
Interactive Strength sees Q2 2026 adjusted EBITDA loss of less than $1 mln
Company confirms 2026 pro forma group revenue guidance of more than $30 mln
Result Drivers
ACQUISITION IMPACT - Consolidation of Wattbike for the full quarter and Ergatta for part of the quarter drove revenue growth and improved adjusted EBITDA loss, per company
M&A STRATEGY - Company said results demonstrate its strategy of accretive M&A and operating discipline delivering improvements on both revenue and adjusted EBITDA loss
ACTIVE PIPELINE - Company submitted two letters of intent for new acquisitions and is evaluating additional targets, which it expects to accelerate future milestones
Company press release: ID:nACSVFyjYa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EBITDA
Beat
-$1.8 mln
-$2.48 mln (1 Analyst)
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Interactive Strength Inc is $42.25, about 4,083.2% above its May 19 closing price of $1.01
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)