Traeger, Inc.
Business
Traeger is the creator and category leader of wood pellet grills, an outdoor cooking system that uses all-natural hardwoods for grilling, smoking, baking, roasting, braising, and barbecuing. The company offers internet-connected IoT grills with WiFIRE cloud technology, digital recipe content and cooking classes, consumable products including wood pellets and seasonings, and grilling accessories and thermometers. Traeger distributes through omnichannel retail partners including major retailers and e-commerce platforms, as well as historically through direct-to-consumer channels, with a community platform called the Traegerhood and a free mobile app with millions of active users.
Summary from 10-K filed 2026-03-06
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 560 | 604 | 606 | 656 | 786 | |
| Cost of revenue | 340 | 349 | 382 | 427 | 485 | |
| Gross profit | 219 | 255 | 224 | 229 | 301 | |
| Sales and marketing | 90 | 110 | 109 | 131 | 165 | |
| General and administrative | 95 | 113 | 130 | 167 | 159 | |
| Amortization of intangible assets | 35 | 35 | 36 | 36 | 34 | |
| Restructuring and other costs | 22 | 0 | 225,000 | 9 | 0 | |
| Goodwill impairment | 75 | 0 | 0 | 222 | 0 | |
| Change in contingent consideration | 0 | 0 | 5 | 10 | 4 | |
| Total operating expense | 317 | 258 | 279 | 575 | 362 | |
| Loss from operations | −98 | −3 | −55 | −346 | −61 | |
| Interest expense | −31 | −34 | −31 | −28 | — | |
| Other income, net | 10 | 480,000 | 4 | −7 | 3 | |
| Total other expense | −22 | −33 | −27 | −35 | −29 | |
| Loss before provision (benefit) for income taxes | −119 | −36 | −82 | −381 | −90 | |
| Provision (benefit) for income taxes | −4 | −2 | 2 | 1 | 1 | |
| Net loss | −115 | −34 | −84 | −382 | −92 | |
| Net income (loss) per share - basic (in dollars per share) | −0.87 | −0.27 | −0.68 | −3.19 | −0.82 | |
| Net income (loss) per share - diluted (in dollars per share) | −0.87 | −0.27 | −0.68 | −3.19 | −0.82 | |
| Weighted average common shares outstanding - basic (in shares) | 133 | 127 | 124 | 120 | 112 | |
| Weighted average common shares outstanding - diluted (in shares) | 133 | 127 | 124 | 120 | 112 | |
| Foreign currency translation adjustments | −68,000 | 62,000 | 129,000 | −61,000 | −86,000 | |
| Change in cash flow hedge | 0 | 0 | −2 | 23 | 0 | |
| Amortization of dedesignated cash flow hedge | −4 | −7 | −10 | 0 | 0 | |
| Total other comprehensive loss | −4 | −7 | −12 | 23 | −86,000 | |
| Comprehensive loss | −119 | −41 | −97 | −359 | −92 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2022 2022-09-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 20 | 15 | 30 | 39 | — | |
| Accounts receivable, net | 82 | 85 | 60 | 42 | — | |
| Inventories | 99 | 107 | 96 | 153 | 156 | |
| Prepaid expenses and other current assets | 14 | 35 | 30 | 27 | — | |
| Total current assets | 215 | 243 | 216 | 274 | 228 | |
| Property, plant, and equipment, net | 34 | 37 | 43 | 56 | — | |
| Operating lease right-of-use assets | 38 | 44 | 48 | 14 | — | |
| Goodwill | 0 | 75 | 75 | 75 | — | |
| Intangible assets, net | 387 | 429 | 471 | 513 | — | |
| Other long-term assets | 2 | 3 | 8 | 16 | — | |
| Total assets | 676 | 831 | 861 | 947 | 921 | |
| Accounts payable | 14 | 28 | 33 | 30 | — | |
| Accrued expenses | 63 | 82 | 53 | 52 | — | |
| Line of credit | 0 | 5 | 28 | 12 | — | |
| Current portion of notes payable | 250,000 | 250,000 | 250,000 | 250,000 | — | |
| Current portion of operating lease liabilities | 3 | 4 | 4 | 5 | — | |
| Other current liabilities | 382,000 | 3 | 495,000 | 1 | — | |
| Total current liabilities | 80 | 122 | 134 | 113 | — | |
| Notes payable, net of current portion | 400 | 398 | 397 | 468 | — | |
| Operating lease liabilities, net of current portion | 23 | 27 | 29 | 9 | — | |
| Deferred tax liability | 2 | 6 | 8 | 10 | — | |
| Other non-current liabilities | 552,000 | 539,000 | 759,000 | 870,000 | — | |
| Total liabilities | 505 | 554 | 569 | 612 | 563 | |
| Commitments and contingencies (see Note 14) | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 25,000,000 shares authorized and no shares issued or outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | — | |
| Common stock value | 14,000 | 13,000 | 13,000 | 12,000 | — | |
| Additional paid-in capital | 974 | 961 | 935 | 882 | — | |
| Accumulated deficit | −804 | −689 | −655 | −570 | −542 | |
| Accumulated other comprehensive income | 528,000 | 4 | 11 | 23 | — | |
| Total stockholders equity | 171 | 276 | 291 | 335 | 358 | |
| Total liabilities and stockholders equity | 676 | 831 | 861 | 947 | 921 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation of property, plant, and equipment | 12 | 14 | 15 | 14 | 9 | |
| Amortization of intangible assets | 42 | 42 | 43 | 43 | 38 | |
| Amortization of deferred financing costs | 2 | 2 | 2 | 2 | 3 | |
| Loss (gain) on disposal of property, plant, and equipment | −83,000 | 649,000 | 2 | 1 | 274,000 | |
| Stock-based compensation expense | 15 | 28 | 53 | 88 | 81 | |
| Unrealized loss on derivative contracts | 5 | 10 | 4 | 2 | 5 | |
| Amortization of dedesignated cash flow hedge | −4 | −7 | −10 | 0 | 0 | |
| Change in contingent consideration | 0 | −15 | 4 | 7 | 4 | |
| Other non-cash adjustments | −3 | −233,000 | −2 | −1 | 0 | |
| Accounts receivable | 3 | −25 | −18 | 51 | −26 | |
| Inventories | 9 | −11 | 57 | −12 | −68 | |
| Prepaid expenses and other current assets | 14 | −8 | −4 | −3 | −6 | |
| Other non-current assets | 114,000 | 148,000 | −568,000 | 78,000 | −681,000 | |
| Accounts payable and accrued expenses | −35 | 27 | 2 | −28 | 19 | |
| Net cash provided by operating activities | 21 | 24 | 64 | 5 | −28 | |
| Purchase of property, plant, and equipment | −7 | −12 | −20 | −18 | −22 | |
| Capitalization of patent costs | −506,000 | −448,000 | −460,000 | −506,000 | −563,000 | |
| Proceeds from sale of property, plant, and equipment | 108,000 | 113,000 | 3 | 0 | 0 | |
| Net cash used in investing activities | −7 | −12 | −17 | −19 | −80 | |
| Proceeds from line of credit | 59 | 63 | 116 | 179 | 118 | |
| Repayments on line of credit | −64 | −86 | −171 | −145 | −68 | |
| Repayments of long-term debt | −250,000 | −250,000 | −250,000 | −125,000 | −580 | |
| Payment of deferred financing costs | −904,000 | −119,000 | 0 | 0 | −9 | |
| Principal payments on finance lease liabilities | −543,000 | −521,000 | −514,000 | −505,000 | −382,000 | |
| Payments of acquisition related contingent consideration | 0 | 0 | −12 | −9 | 0 | |
| Taxes paid related to net share settlement of equity awards | −2 | −2 | 0 | −41,000 | 0 | |
| Net cash used in financing activities | −9 | −26 | −68 | 49 | 114 | |
| Net increase (decrease) in cash and cash equivalents | 5 | −15 | −22 | 35 | 5 | |
| Cash paid during the period for interest | 33 | 39 | 40 | 25 | 23 | |
| Equipment purchased under finance leases | 450,000 | 292,000 | 460,000 | 1 | 645,000 | |
| Property, plant, and equipment included in accounts payable and accrued expenses | 3 | 678,000 | 4 | 2 | 9 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Traeger, Inc.'s CIK number?
Traeger, Inc.'s SEC CIK number is 0001857853 (1857853). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Traeger, Inc.'s SEC filings?
All of Traeger, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Traeger, Inc. last report earnings?
Traeger, Inc. (COOK) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-033467). This is Traeger, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Traeger, Inc.'s most recent earnings 8-K?
Traeger, Inc.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001628280-26-033467. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Traeger, Inc.'s latest earnings 8-K →
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