$TRNRJun 3, 2026, 7:44 PMAI processed
TRNR extends Ergatta-iFIT content deal to mid-2028; Ergatta forecasted >$10M revenue at ~30% EBITDA
AI Summary
Interactive Strength (TRNR) said Ergatta signed a two-year expansion and extension of its content-licensing partnership with iFIT through mid-2028, adding Ergatta’s new single-player game Endeavor across iFIT’s NordicTrack and ProForm treadmills, bikes and rowers after strong engagement since Ergatta launched on iFIT in spring 2025. Management said Ergatta is expected to generate more than $10M in 2026 revenue at ~30% EBITDA with monthly retention above 98%, which TRNR says improves visibility on its >$30M 2026 pro forma revenue target; the company also disclosed two preliminary, non-binding LOIs in May 2026 as M&A pipeline activity increases.
Positives
- Two-year extension through mid-2028 expands Ergatta content across iFIT’s global NordicTrack/ProForm ecosystem
- Ergatta projected to generate >$10M revenue in 2026 at approximately 30% EBITDA
- Subscription metrics strong — monthly retention above 98%, supporting recurring high-margin revenue visibility
Negatives
- Financial figures are management projections and forward-looking, not guaranteed
- M&A activity cited consists of two preliminary, non-binding Letters of Intent with no guarantee of closing
- Press release discloses no financial terms for the expanded licensing deal