COOK · Traeger, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.07M | - | $125.40M | $145.48M | $143.28M | - | $122.05M | $168.47M | $144.91M | - |
| Cost of Revenue | $51.05M | - | $76.85M | $88.48M | $83.82M | - | $70.36M | $96.14M | $82.35M | - |
| Gross Profit | $43.02M | - | $48.55M | $57.00M | $59.46M | - | $51.69M | $72.33M | $62.56M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $19.41M | - | $22.16M | $26.03M | $25.02M | - | $24.14M | $30.49M | $32.14M | - |
| Total Operating Expenses | $44.04M | - | $131.91M | $63.09M | $56.05M | - | $59.12M | $67.53M | $62.64M | - |
| D&A | $8.81M | - | $8.81M | $8.82M | $8.82M | - | $8.82M | $8.82M | $8.82M | - |
| Operating Income | ($1.02M) | - | ($83.36M) | ($6.09M) | $3.41M | - | ($7.43M) | $4.79M | ($73.0K) | - |
| Interest Expense | $7.61M | - | $7.82M | $8.09M | $8.10M | - | $8.53M | $8.68M | $8.10M | - |
| Income Tax | ($276.0K) | - | ($307.0K) | ($391.0K) | ($1.60M) | - | ($137.0K) | ($24.0K) | $190.0K | - |
| Net Income | $2.93M | - | ($89.82M) | ($7.38M) | ($778.0K) | - | ($19.79M) | ($2.58M) | ($4.68M) | - |
| EPS - Basic | $1.08 | - | ($33.50) | ($3.00) | ($0.50) | - | ($7.50) | ($1.00) | ($2.00) | - |
| EPS - Diluted | $1.08 | - | ($33.50) | ($3.00) | ($0.50) | - | ($7.50) | ($1.00) | ($2.00) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $33.69M | $19.62M | $5.87M | $10.30M | $12.03M | $14.98M | $16.87M | $18.02M | $23.62M | $29.92M |
| Accounts Receivable | $64.35M | $82.12M | $80.67M | $76.14M | $94.96M | $85.33M | $70.79M | $89.23M | $79.05M | $59.94M |
| Inventory | $87.77M | $98.83M | $114.63M | $115.80M | $127.24M | $107.37M | $105.06M | $91.03M | $99.90M | $96.17M |
| Accounts Payable | $8.94M | $14.13M | $14.11M | $13.57M | $19.07M | $27.70M | $30.57M | $33.66M | $25.89M | $33.28M |
| Current Assets | $214.18M | $214.85M | $215.93M | $220.31M | $252.58M | $243.12M | $217.06M | $224.63M | $230.54M | $216.38M |
| Total Assets | $661.65M | $675.98M | $689.62M | $780.62M | $825.60M | $830.68M | $818.08M | $842.41M | $862.09M | $860.76M |
| Current Liabilities | $63.01M | $80.08M | $73.02M | $75.56M | $114.52M | $122.24M | $103.70M | $109.96M | $132.51M | $133.97M |
| Long-term Debt | - | $399.59M | - | - | - | $398.44M | - | - | - | $397.30M |
| Total Liabilities | $486.85M | $505.13M | $503.49M | $506.37M | $546.05M | $554.25M | $538.25M | $545.12M | $567.46M | $569.41M |
| Stockholders' Equity | $174.80M | $170.85M | $186.14M | $274.25M | $279.55M | $276.43M | $279.83M | $297.29M | $294.63M | $291.35M |
| Retained Earnings | ($801.14M) | ($804.07M) | ($786.87M) | ($697.05M) | ($689.66M) | ($688.88M) | ($681.93M) | ($662.14M) | ($659.56M) | ($654.88M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.90M | - | - | - | ($20.84M) | - | - | - | ($12.60M) | - |
| Investing Cash Flow | ($3.49M) | - | - | - | ($1.90M) | - | - | - | ($5.75M) | - |
| Financing Cash Flow | ($343.0K) | - | - | - | $19.79M | - | - | - | $12.05M | - |
| CapEx | $3.39M | - | - | - | $1.83M | - | - | - | $5.68M | - |
| Free Cash Flow | $14.50M | - | - | - | ($22.66M) | - | - | - | ($18.28M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 45.7% | - | 38.7% | 39.2% | 41.5% | - | 42.3% | 42.9% | 43.2% | - |
| Operating margin | -1.1% | - | -66.5% | -4.2% | 2.4% | - | -6.1% | 2.8% | -0.1% | - |
| EBITDA margin | 8.3% | - | -59.4% | 1.9% | 8.5% | - | 1.1% | 8.1% | 6.0% | - |
| Net margin | 3.1% | - | -71.6% | -5.1% | -0.5% | - | -16.2% | -1.5% | -3.2% | - |
| Free cash flow margin | 15.4% | - | - | - | -15.8% | - | - | - | -12.6% | - |
| FCF / Net income | 4.95 | - | - | - | 29.13 | - | - | - | 3.90 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.6% | - | 17.7% | 17.9% | 17.5% | - | 19.8% | 18.1% | 22.2% | - |
| Effective tax rate | -10.4% | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.4% | - | -13.0% | -0.9% | -0.1% | - | -2.4% | -0.3% | -0.5% | - |
| Return on equity | 1.7% | - | -48.3% | -2.7% | -0.3% | - | -7.1% | -0.9% | -1.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.40 | 2.68 | 2.96 | 2.92 | 2.21 | 1.99 | 2.09 | 2.04 | 1.74 | 1.62 |
| Quick ratio | 2.01 | 1.45 | 1.39 | 1.38 | 1.09 | 1.11 | 1.08 | 1.21 | 0.99 | 0.90 |
| Cash ratio | 0.53 | 0.25 | 0.08 | 0.14 | 0.11 | 0.12 | 0.16 | 0.16 | 0.18 | 0.22 |
| Leverage | ||||||||||
| Debt / Equity | - | 2.34 | - | - | - | 1.44 | - | - | - | 1.36 |
| Debt / Assets | - | 0.59 | - | - | - | 0.48 | - | - | - | 0.46 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.1x | - | -10.7x | -0.8x | 0.4x | - | -0.9x | 0.6x | -0.0x | - |
| Equity multiplier | 3.79 | 3.96 | 3.70 | 2.85 | 2.95 | 3.01 | 2.92 | 2.83 | 2.93 | 2.95 |
| Liabilities / Assets | 0.74 | 0.75 | 0.73 | 0.65 | 0.66 | 0.67 | 0.66 | 0.65 | 0.66 | 0.66 |
| Efficiency | ||||||||||
| Asset turnover | 0.14 | - | 0.18 | 0.19 | 0.17 | - | 0.15 | 0.20 | 0.17 | - |
| Inventory turnover | 0.58 | - | 0.67 | 0.76 | 0.66 | - | 0.67 | 1.06 | 0.82 | - |
| Days sales outstanding | 250d | - | 235d | 191d | 242d | - | 212d | 193d | 199d | - |
| Days inventory outstanding | 628d | - | 544d | 478d | 554d | - | 545d | 346d | 443d | - |
| Days payable outstanding | 64d | - | 67d | 56d | 83d | - | 159d | 128d | 115d | - |
| Cash conversion cycle | 813d | - | 712d | 613d | 713d | - | 598d | 411d | 527d | - |
| Valuation | ||||||||||
| P / E | 26.9x | - | - | - | - | - | - | - | - | - |
| P / B | 0.5x | - | 44.0x | 41.6x | 38.9x | - | 84.4x | 51.3x | 53.8x | - |
| P / S | 0.8x | - | 65.3x | 78.3x | 75.8x | - | 193.4x | 90.6x | 109.3x | - |
| EV / EBITDA | 5.8x | - | - | 4184.5x | 887.1x | - | 16958.2x | 1119.4x | 1808.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -34.3% | - | 2.7% | -13.6% | -1.1% | - | 3.7% | -1.8% | -5.4% | - |
| Revenue CAGR (3y) | -15.0% | - | 10.2% | -10.1% | -13.8% | - | -5.6% | -7.5% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -27.7% | - | -6.1% | -21.2% | -5.0% | - | 15.7% | 14.2% | 12.9% | - |
| Operating income growth (YoY) | - | - | -1022.2% | - | - | - | 42.3% | - | 97.8% | - |
| Net income growth (YoY) | - | - | -353.9% | -186.4% | 83.4% | - | -2.7% | 91.5% | - | - |
| EPS growth (YoY) | - | - | -346.7% | -200.0% | 75.0% | - | -4587.5% | -300.0% | - | - |
| EPS CAGR (3y) | 148.9% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -24.0% | - | - | - | 28.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -37.5% | -38.2% | -33.5% | -7.8% | -5.1% | -5.1% | -10.2% | -9.2% | -10.0% | -13.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$559.52M totalReportable Segment$559.52M · 100.0%
Product / service
$559.52M totalGrills$298.03M · 53.3%
Accessories$134.02M · 24.0%
Consumables$127.47M · 22.8%
Geographic
$559.52M totalNorth America$514.69M · 92.0%
Non North America$44.83M · 8.0%
Peer comparison
Same SIC group: Household Appliances
Comparing Traeger against the 5 most active filers in the same SIC group.