← Traeger, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $363.3m |
$545.8m
+50.22%
|
$785.5m
+43.93%
|
$655.9m
-16.50%
|
$605.9m
-7.63%
|
$604.1m
-0.30%
|
$559.5m
-7.38%
|
$485.0m
-13.32%
|
|
| Cost of revenue | $207.5m |
$310.4m
+49.57%
|
$481.8m
+55.23%
|
$427.1m
-11.35%
|
$382.3m
-10.49%
|
$348.6m
-8.82%
|
$340.2m
-2.42%
|
$291.7m
-14.26%
|
|
| Gross profit | $155.8m |
$235.4m
+51.09%
|
$303.7m
+29.04%
|
$228.8m
-24.67%
|
$223.6m
-2.28%
|
$255.5m
+14.27%
|
$219.3m
-14.14%
|
$193.3m
-11.87%
|
|
| Sales and marketing | $66.9m | $93.7m | $165.2m | $130.7m | $108.7m | $109.7m | $90.2m | — | |
| General and administrative | $45.3m | $50.2m | $158.6m | $166.8m | $129.8m | $113.5m | $95.0m | $85.2m | |
| Amortization of intangible assets | $33.1m | $32.5m | $34.4m | $35.6m | $35.6m | $35.3m | $35.3m | — | |
| Restructuring and other costs | — | $0 | $0 | $9.3m | $225k | $0 | $21.8m | — | |
| Loss from operations | $10.5m |
$58.9m
+463.35%
|
($58.2m)
-198.82%
|
($345.9m)
-494.37%
|
($55.4m)
+83.97%
|
($2.9m)
+94.69%
|
($97.7m)
-3219.53%
|
— | |
| Interest expense | ($39.5m) | ($34.1m) | ($26.6m) | ($27.9m) | ($31.3m) | ($33.5m) | ($31.4m) | $31.2m | |
| Other income, net | ($462k) | $7.5m | $2.7m | ($7.1m) | $4.3m | $480k | $9.8m | ($84.7m) | |
| Total other expense | ($39.9m) | ($26.5m) | ($29.1m) | ($35.0m) | ($27.0m) | ($33.0m) | ($21.6m) | — | |
| Loss before provision (benefit) for income taxes | ($29.5m) | $32.4m | ($87.3m) | ($381.0m) | ($82.4m) | ($36.0m) | ($119.3m) | — | |
| Provision (benefit) for income taxes | $124k | $749k | $1.5m | $1.2m | $2.0m | ($2.0m) | ($4.1m) | — | |
| Net loss | ($29.6m) | $31.6m | ($88.8m) | ($382.1m) | ($84.4m) | ($34.0m) | ($115.2m) | — | |
| Net income (loss) per share - basic (in dollars per share) | ($0) | $0 | ($1) | ($3) | ($1) | ($0) | ($1) | ($112.7m) | |
| Weighted average common shares outstanding - basic (in shares) | 108.7m | 108.7m | 112.4m | 119.7m | 123.7m | 127.4m | 133.1m | — | |
| Weighted average common shares outstanding - diluted (in shares) | 108.7m | 108.7m | 112.4m | 119.7m | 123.7m | 127.4m | 133.1m | — | |
| Goodwill impairment | — | $0 | $0 | $222.3m | $0 | $0 | $74.7m | $74.7m | |
| Change in contingent consideration | $0 | $0 | $3.8m | $10.0m | $4.7m | $0 | $0 | — | |
| Foreign currency translation adjustments | $0 | $0 | ($86k) | ($61k) | $129k | $62k | ($68k) | — | |
| Change in cash flow hedge | — | $0 | $0 | $23.4m | ($2.1m) | $0 | $0 | — | |
| Amortization of dedesignated cash flow hedge | — | — | $0 | $0 | ($10.4m) | ($6.7m) | ($3.7m) | — | |
| Comprehensive loss | ($29.6m) | $31.6m | ($88.9m) | ($358.8m) | ($96.7m) | ($40.6m) | ($119.0m) | — | |
| Total operating expense | $145.3m | $176.5m | $361.9m | $574.7m | $279.0m | $258.4m | $317.1m | $193.4m | |
| Total other comprehensive loss | $0 | $0 | ($86k) | $23.3m | ($12.3m) | ($6.6m) | ($3.8m) | — |