Interactive Strength reported Q3 2025 revenue of $4.8 million, a 139% year‑over‑year increase from $2.0 million in the same quarter of 2024. The jump is largely attributable to the first full quarter of operations following the July 1 acquisition of Wattbike, which added roughly $2.5 million in sales to the company’s top line.
The company posted a net loss of $5.2 million, or $3.11 per diluted share, compared with a $7.1 million loss ($4.23 per share) in Q3 2024. The widening loss reflects higher operating expenses and the impact of inventory constraints that limited the company’s ability to convert sales into cash flow.
Interactive Strength’s adjusted EBITDA loss widened to $2.9 million, a figure that underscores the company’s continued investment in growth initiatives. Management cited low inventory availability as a key driver of the loss, indicating that supply‑chain bottlenecks are still affecting operating performance.
The company reiterated its 2025 pro‑forma revenue guidance of more than $80 million and reaffirmed its target for Q4 profitability. Management highlighted that the pending Sportstech acquisition—expected to close later in 2025—could add approximately $18 million in revenue if included in the Q3 results, further supporting the guidance.
CEO Trent Ward expressed confidence in the company’s growth strategy, noting that the integration of Wattbike has accelerated revenue growth and that Interactive Strength remains focused on achieving profitability in Q4.
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