Interactive Strength Inc
formelife.comWhat Do They Do?
Sells indoor performance bikes to commercial fitness operators and home users, alongside vertical climbing machines and connected strength-training systems.
10-K for FY2025, filed Mar 31, 2026At December 31, 2025, our portfolio consisted of three leading brands serving the commercial and at-home markets with specialty fitness…View ↗
Wattbike, acquired in July of 2025, offers a range of high-performance indoor bikes that set the global standard in cycling. Known for…View ↗
Through the CLMBR brand, we offer a vertical climbing machine that delivers a proven full-body cardio and strength workout, but with a…View ↗
Through the FORME brand, we offer two connected hardware products, the FORME Studio (fitness mirror) and the FORME Studio Lift (fitness…View ↗
The combination of technology with expert training leads to better outcomes for both consumers and trainers alike. Wattbike, FORME and…View ↗
How Do They Make Money?
Wattbike sells indoor bikes, with sales tied to delivery (or shipping when customers handle it); members pay month to month for content access, and personal training is provided as sessions are delivered.
10-K for FY2025, filed Mar 31, 2026Wattbike, acquired in July of 2025, offers a range of high-performance indoor bikes that set the global standard in cycling. Known for…View ↗
Connected Fitness Products include the Company’s portfolio of Connected Fitness Products and related accessories, delivery and installation…View ↗
The Company’s memberships provide unlimited access to content in its library of on-demand fitness classes. The Company’s memberships are…View ↗
The Company’s training services consist of personal training services delivered through its Connected Fitness Products, third-party mobile…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$11.5M
-
10-K for FY2025, filed Mar 31, 2026
$11.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
CLMBR
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
23% |
CLMBR, FY2025
$2.6M Sources
|
Sold outright |
|
FORME
Sold outright
|
6.3% |
FORME, FY2025
$721K Sources
|
Sold outright |
|
Wattbike
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
71% |
Wattbike, FY2025
$8.2M Sources
|
Sold outright |
Who Are Their Customers?
Fitness equipment distributors, including Woodway, sell the brands into commercial settings; the brands also serve at-home users.
10-K for FY2025, filed Mar 31, 2026We have high value partnerships with numerous fitness equipment distributors around the world, including Woodway, to sell CLMBR, FORME and…View ↗
The combination of technology with expert training leads to better outcomes for both consumers and trainers alike. Wattbike, FORME and…View ↗
A key component of our strategy is to establish and expand strategic partnerships within both the fitness industry as well as other…View ↗
10-K for FY2025, filed Mar 31, 2026
For the years ended December 31, 2025 and 2024, Woodway, our exclusive distributor, represented 18% and 63%, respectively, of the Company’s…View ↗
Do Revenues Turn Into Profits?
No. It lost $24M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$19.9MView ↗
10-K for FY2025, filed Mar 31, 2026
−$24MView ↗
10-K for FY2025, filed Mar 31, 2026
−$10.5MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$7.1MView ↗
- ▲ +226% (Loss)
- vs −$2.2M in Q2 FY2025
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Jul 9, 2026
Agreed to acquire STEPR
The agreement covers a purchase of all STEPR shares followed by newly issued shares, subject to closing conditions.
Sources
8-K, filed Jul 9, 2026
On July 7, 2026, Interactive Strength Inc., a Delaware corporation (the “Company”), entered into a Stock Purchase Agreement (the “Purchase…View ↗
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Jul 1, 2026
Replaced Deloitte with Cherry Bekaert as auditor
Sources
8-K, filed Jul 1, 2026
On June 26, 2026, the Audit Committee of the Board of Directors (the “Audit Committee”) of Interactive Strength Inc. (the "Company")…View ↗
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