Interactive Strength completes acquisition of Ergatta

Interactive Strength (TRNR) completed its previously announced acquisition of Ergatta. Ergatta is a Brooklyn-based connected fitness company that pioneered game-based fitness content, building a stable, cash-generating subscription business with industry leading monthly net retention of more than 98%. Ergatta is expected to generate revenue of more than $10M in 2026, with approximately 70% from recurring subscriptions providing high revenue visibility, and approximately a 30% EBITDA margin. Additionally, Ergatta operates an asset-light business model that generates strong operational cashflow without requiring investment in inventory. With the acquisition now completed, TRNR confirms its increased 2026 pro forma revenue guidance of more than $30M. As shown in the Company’s latest investor presentation, the acquisition of Ergatta is expected to be a key 2026 catalyst and a driver of overall profitability in the near-term, alongside continued Wattbike performance. In addition to the expected cashflow from Ergatta, TRNR operations will be financed by the $6.4M of received from Sportstech last week.