Traeger, Inc.COOKEarnings & Financial Report
Traeger, Inc. designs, manufactures, and sells premium wood pellet grills, related accessories, and wood pellet fuel for outdoor cooking users. It primarily operates in North America, Europe, and Australia, serving residential consumers and commercial food service clients via retail partners and direct-to-consumer channels.
COOK Q4 2025 Key Financial Metrics
Revenue
$145.4M
Gross Profit
$54.3M
Operating Profit
$-11.7M
Net Profit
$-17.2M
Gross Margin
37.4%
Operating Margin
-8.0%
Net Margin
-11.8%
YoY Growth
-13.8%
EPS
$-0.13
Financial Flow
Traeger, Inc. Q4 2025 Financial Summary
Traeger, Inc. reported revenue of $145.4M (down 13.8% YoY) for Q4 2025, with a net profit of $-17.2M (down 147.2% YoY) (-11.8% margin). Cost of goods sold was $91.0M, operating expenses totaled $66.0M.
Key Financial Metrics
| Total Revenue | $145.4M |
|---|---|
| Net Profit | $-17.2M |
| Gross Margin | 37.4% |
| Operating Margin | -8.0% |
| Report Period | Q4 2025 |
Revenue Breakdown
Traeger, Inc. Q4 2025 revenue of $145.4M breaks down across 3 segments, led by Grills at $60.6M (41.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Grills | $60.6M | 41.7% |
| Accessories | $49.2M | 33.9% |
| Consumables | $35.5M | 24.4% |
Traeger, Inc. Revenue by Segment — Quarterly Trend
Traeger, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Grills and Accessories) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Grills | $60.6M | $76.6M | $74.2M | $86.7M |
| Accessories | $49.2M | $23.5M | $34.9M | $26.3M |
| Consumables | $35.5M | $25.3M | $36.4M | $30.3M |
Traeger, Inc. Annual Revenue by Year
Traeger, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $559.5M). Click any linked year to see what changed vs the prior annual report.
Traeger, Inc. Quarterly Revenue & Net Profit History
Traeger, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $145.4M | -13.8% | $-17.2M | -11.8% |
| Q3 2025 | $125.4M | +2.7% | $-89.8M | -71.6% |
| Q2 2025 | $145.5M | -13.6% | $-7.4M | -5.1% |
| Q1 2025 | $143.3M | -1.1% | $-778.0K | -0.5% |
| Q4 2024 | $168.6M | +3.2% | $-7.0M | -4.1% |
| Q3 2024 | $122.0M | +3.7% | $-19.8M | -16.2% |
| Q2 2024 | $168.5M | -1.8% | $-2.6M | -1.5% |
| Q1 2024 | $144.9M | -5.4% | $-4.7M | -3.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $144.9M | $168.5M | $122.0M | $168.6M | $143.3M | $145.5M | $125.4M | $145.4M |
| YoY Growth | -5.4% | -1.8% | 3.7% | 3.2% | -1.1% | -13.6% | 2.7% | -13.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $862.1M | $842.4M | $818.1M | $830.7M | $825.6M | $780.6M | $689.6M | $676.0M |
| Liabilities | $567.5M | $545.1M | $538.3M | $554.2M | $546.0M | $506.4M | $503.5M | $505.1M |
| Equity | $294.6M | $297.3M | $279.8M | $276.4M | $279.6M | $274.2M | $186.1M | $170.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.6M | $13.9M | $15.1M | $7.5M | $-20.8M | $18.3M | $7.6M | $15.5M |