Traeger, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $559.5M | $604.1M | $605.9M | $655.9M | — |
| Cost of revenue | $340.2M | $348.6M | $382.3M | $427.1M | — |
| Gross profit | $219.3M | $255.5M | $223.6M | $228.8M | — |
| Research and development | $12.4M | $15.2M | $11.5M | $10.8M | — |
| Operating expenses | $317.1M | $258.4M | $279.0M | $574.7M | — |
| Operating income | -$97.7M | -$2.9M | -$55.4M | -$345.9M | — |
| Interest expense | $31.4M | $33.5M | $31.3M | $27.9M | — |
| Pretax income | -$119.3M | -$36.0M | -$82.4M | -$381.0M | — |
| Income tax expense | -$4.1M | -$2.0M | $2.0M | $1.2M | — |
| Net income | -$115.2M | -$34.0M | -$84.4M | -$382.1M | — |
| Balance Sheet | |||||
| Cash and equivalents | $19.6M | $15.0M | $29.9M | $39.1M | — |
| Current assets | $214.8M | $243.1M | $216.4M | $274.2M | $228.4M |
| Total assets | $676.0M | $830.7M | $860.8M | $946.7M | $920.8M |
| Current liabilities | $80.1M | $122.2M | $134.0M | $112.9M | — |
| Total liabilities | $505.1M | $554.2M | $569.4M | $611.8M | $562.8M |
| Stockholders' equity | $170.8M | $276.4M | $291.3M | $334.9M | $358.0M |
| Cash Flow Statement | |||||
| Cash from operations | $20.5M | $23.9M | $64.0M | $5.1M | — |
| Depreciation and amortization | $12.1M | $13.9M | $15.0M | $13.8M | — |
| Stock-based compensation | $15.3M | $27.9M | $53.2M | $87.7M | — |
| Capital expenditure | $6.9M | $12.0M | $19.9M | $18.4M | — |
| Free cash flow | $13.6M | $11.9M | $44.1M | -$13.3M | — |
| Impairments | $0 | $0 | $0 | $222.3M | — |
Shares outstanding 2.8M · Free float 83.7%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.