Quarterly ResultAug 6, 2026, 06:11 AM
Traeger Q2 Revenue $120.16M, Net Loss $(8.56)M; Cash Up
AI Summary
Traeger, Inc. reported a decrease in revenue for the second quarter and first half of 2026 compared to the prior year. Second-quarter net loss increased to $(8.56) million, though the six-month net loss improved to $(5.64) million. The company saw a significant increase in cash and cash equivalents and a positive shift in net cash from operating activities. A 1-for-50 reverse stock split became effective on March 18, 2026.
Key Highlights
- Q2 2026 revenue decreased to $120.16 million from $145.48 million in Q2 2025.
- Six-month 2026 revenue decreased to $214.23 million from $288.77 million in 2025.
- Q2 2026 net loss was $(8.56) million, compared to $(7.38) million in Q2 2025.
- Six-month 2026 net loss improved to $(5.64) million from $(8.16) million in 2025.
- Cash and cash equivalents increased to $59.69 million from $19.62 million at year-end 2025.
- Net cash provided by operating activities was $45.00 million for six months 2026, up from $(2.55) million in 2025.
- A 1-for-50 reverse stock split became effective on March 18, 2026.
- Inventories decreased to $76.26 million from $98.83 million at year-end 2025.
Price Impact
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