Traeger, Inc.
For the period ended Dec 31, 2025. Filed Mar 6, 2026.
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FY2025 · Filed Mar 6, 2026
COOK$65.35-9.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except share and per share amounts)
| Year-ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $559,520 | $604,072 | $605,882 |
| Cost of revenue | 340,174 | 348,603 | 382,325 |
| Gross profit | 219,346 | 255,469 | 223,557 |
| Operating expense: | |||
| Sales and marketing | 90,217 | 109,656 | 108,727 |
| General and administrative | 95,031 | 113,483 | 129,800 |
| Amortization of intangible assets | 35,260 | 35,274 | 35,554 |
| Goodwill impairment | 74,725 | — | — |
| Restructuring and other costs | 21,840 | — | 225 |
| Change in fair value of contingent consideration | — | — | 4,698 |
| Total operating expense | 317,073 | 258,413 | 279,004 |
| Loss from operations | (97,727) | (2,944) | (55,447) |
| Other income (expense): | |||
| Interest expense | (31,350) | (33,500) | (31,275) |
| Other income, net | 9,755 | 480 | 4,305 |
| Total other expense | (21,595) | (33,020) | (26,970) |
| Loss before provision (benefit) for income taxes | (119,322) | (35,964) | (82,417) |
| Provision (benefit) for income taxes | (4,141) | (1,956) | 1,985 |
| Net loss | $(115,181) | $(34,008) | $(84,402) |
| Net loss per share, basic and diluted | $(0.87) | $(0.27) | $(0.68) |
| Weighted-average common shares outstanding, basic and diluted | 133,095,964 | 127,443,657 | 123,726,252 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments | $(68) | $62 | $129 |
| Change in cash flow hedge | — | — | (2,088) |
| Amortization of dedesignated cash flow hedge | (3,740) | (6,666) | (10,364) |
| Total other comprehensive loss | (3,808) | (6,604) | (12,323) |
| Comprehensive loss | $(118,989) | $(40,612) | $(96,725) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.