NIO
NIO Inc.
NIO lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
TRNR
Interactive Strength Inc.
There isn't enough reported data to score TRNR yet.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are 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.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
TRNR PE Valuation
TRNR has no meaningful PE right now: it lost money over the past year.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
TRNR Forward outlook
There aren't enough analyst estimates for TRNR to show an outlook.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
TRNR Earnings Per Share
TRNR and NIO do not have enough comparable growth data to identify a winner.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO 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 NIO 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.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the stronger cash trend. Its trailing FCF is up 100% 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.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has the edge over TRNR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
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.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TRNR Net Leverage
TRNR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
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).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
TRNR PE vs Consumer Cyclical Sector
TRNR has no meaningful PE right now: it lost money over the past year.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
TRNR has stronger trend alignment. NIO is above 0 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.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO 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.