GME
GameStop Corp.
GME's fundamentals are strong: its operating margin rose 11 points to 14% and it turned 19% of its revenue into free cash flow, though revenue fell 7.7%. At 17x earnings, it's trading less than half its usual 44x. Analysts expect earnings to fall sharply.
TRNR
Interactive Strength Inc.
There isn't enough reported data to score TRNR yet.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
TRNR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Unavailable | |
| Unavailable |
TRNR's revenue is currently strong, but its profitability is weak. There isn't enough data to rate its cash flow and balance sheet.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME's PE is in its cheap range at 17x. Analysts expect earnings to fall, which would put today's price at 38x next year's earnings, in its fair range.
TRNR PE Valuation
TRNR has no meaningful PE right now: it lost money over the past year.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
TRNR Forward outlook
There aren't enough analyst estimates for TRNR to show an outlook.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME's earnings per share have climbed steadily: $1.54 over the past year, up 93% from the year before, and higher year over year for 15 quarters in a row.
TRNR Earnings Per Share
TRNR and GME do not have enough comparable growth data to identify a winner.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME has the edge over TRNR on profitability, with a higher operating margin.
TRNR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.6M | +445% |
| Q1 2026 | $5.1M | +279% |
| Q4 2025 | $4.1M | +74% |
| Q3 2025 | $4.8M | +139% |
| Q2 2025 | $1.2M | +96% |
| Q1 2025 | $1.4M | +274% |
| Q4 2024 | $2.4M | +1202% |
| Q3 2024 | $2M | +558% |
TRNR has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -51% | +427 points |
| Q1 2026 | -78% | +388 points |
| Q4 2025 | -41% | +132 points |
| Q3 2025 | -125% | +260 points |
| Q2 2025 | -478% | +792 points |
| Q1 2025 | -465% | +2135 points |
| Q4 2024 | -172% | +5979 points |
| Q3 2024 | -385% | +2908 points |
TRNR's operating margin was −51% last quarter, up 427 points from the same quarter a year ago.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the stronger cash trend. Its trailing FCF is up 2,081% versus its history, compared with TRNR at up 20%.
TRNR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$3.3M | -$1.1M |
| Q1 2026 | -$2.7M | +$861K |
| Q3 2025 | -$2.4M | +$1.3M |
| Q2 2025 | -$2.2M | +$3K |
| Q1 2025 | -$3.5M | -$586K |
| Q4 2024 | -$5.9M | -$4M |
| Q3 2024 | -$3.7M | -$1.4M |
| Q2 2024 | -$2.2M | +$4.3M |
TRNR has burned cash in almost every quarter: −$11M over the past year, against −$15M the year before.
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has the edge over TRNR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
TRNR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +173% | +259K shares |
| 1 year | +7424% | +403K shares |
TRNR has 408,871 diluted shares, up 7424% from a year ago.
GME Net Leverage
TRNR Net Leverage
TRNR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
TRNR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.8 | Oversold |
| Stochastic | 5.2 | Oversold |
TRNR's weekly RSI is 28 (oversold) and its Stochastic is 5 (oversold).
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
TRNR PE vs Consumer Cyclical Sector
TRNR has no meaningful PE right now: it lost money over the past year.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME has stronger trend alignment. GME is above 5 of 5 weekly averages versus TRNR above 0 of 4.
TRNR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.77 | 29% below |
| 20 week MA | $2.62 | 52% below |
| 50 week MA | $20.3 | 94% below |
| 100 week MA | $358.9 | 100% below |
TRNR is in a downtrend: it's below all four of its weekly moving averages, and 100% below its 100-week average.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over TRNR on returns for 2026, with the stronger performance.
TRNR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $1,953.0 | $1,932.0 | -1.1% |
| 2025 | $1,932.0 | $100.1 | -95% |
| 2026 YTD | $100.1 | $1.26 | -99% |
TRNR has finished every year since 2024 lower, and it's down 99% so far in 2026.