Traeger delivered a mixed performance in Q3 2025, with total revenues increasing by 2.7% to $125.4 million and Adjusted EBITDA rising by 11.8% to $13.8 million. However, the company reported a substantial net loss of $89.8 million, primarily due to a $74.7 million goodwill impairment charge. The company also updated its Project Gravity cost savings target to $50 million annually.

Traeger experienced a challenging second quarter in fiscal year 2025, with total revenues decreasing by 13.6% to $145.5 million and a net loss of $7.4 million. The company's Adjusted EBITDA also saw a significant decline to $14.3 million. These results were primarily impacted by tariff-related dynamics. In response, Traeger initiated 'Project Gravity,' a strategic streamlining effort targeting $30 million in annualized cost savings, aiming to protect profitability and cash flow amidst an uncertain macroeconomic environment.

Traeger reported a revenue increase of 3.2% in Q4 2024, driven by strong grill and consumable sales. Despite ongoing macroeconomic challenges, the company improved gross margin and narrowed its net loss significantly compared to the prior year.

Traeger reported a 3.7% increase in total revenue to $122.1 million, driven by a 32.5% increase in grill revenue. Gross margin improved to 42.3%, leading to an adjusted EBITDA of $12.3 million. The company raised its full-year revenue, gross margin, and adjusted EBITDA guidance.

Traeger reported a decrease in total revenue by 1.8% to $168.5 million, but grill revenues increased by 2.0% to $95.0 million. The company saw a significant improvement in net loss, decreasing by 91.5% to $2.6 million, and adjusted EBITDA increased by 24.9% to $26.8 million. They are increasing their outlook for the full year.

Traeger's first quarter 2024 results showed a revenue decrease of 5.4% to $144.9 million, but gross margin increased to 43.2%. The company reported a net loss of $4.7 million, or $0.04 per share, and an adjusted EBITDA of $24.4 million, up 11.2% compared to the prior year. Traeger reiterated its full year 2024 guidance.

Traeger reported an 18.3% increase in total revenues for Q4 2023, reaching $163.5 million. Gross margin improved to 36.8%, and adjusted EBITDA rose by 82% to $13.0 million. The company exceeded its prior full-year revenue guidance.

Traeger reported a 25.5% increase in total revenues to $117.7 million for the third quarter of 2023. The company's gross profit margin improved to 37.9%, and it achieved an adjusted EBITDA of $4.7 million, a significant improvement from the previous year's loss. Due to better-than-expected results, Traeger is increasing the midpoint of its revenue, gross margin, and Adjusted EBITDA outlook for the full year.

Traeger reported a decrease in total revenue by 14.4% to $171.5 million, but adjusted EBITDA increased to $21.5 million. The company is raising its full year revenue and Adjusted EBITDA guidance.

Traeger reported a decrease in total revenues by 31.5% to $153.2 million compared to the previous year. Net income was $8.0 million, or $0.07 per share, while adjusted EBITDA was $21.9 million, exceeding the high end of the guidance range. The company is reiterating its full year fiscal 2023 guidance.

Traeger reported a 21.0% decrease in total revenues for Q4 2022, amounting to $138.1 million. Despite the revenue decline, the company exceeded its annual guidance for both sales and Adjusted EBITDA. Gross margin was 34.5%, and the adjusted EBITDA was $7.1 million.

Traeger reported a 42.1% decrease in total revenue to $93.8 million, impacted by macroeconomic headwinds and inventory reductions by retail partners. The company experienced a net loss of $210.4 million, including a non-cash impairment charge of $109.8 million, and an adjusted EBITDA loss of $12.5 million. Despite these challenges, Traeger made progress on strategic priorities, including cost savings from restructuring and sequential improvement of in-channel inventory levels.

Traeger reported a decrease in total revenues by 6.0% to $200.3 million. The company experienced a net loss of $132.3 million, which included a non-cash impairment charge of $111.5 million. Adjusted EBITDA was $17.9 million.

Traeger reported a decrease in total revenues and gross profit margin for Q1 2022. The company experienced a net loss, but adjusted net income and adjusted EBITDA were better than expected. Despite headwinds, Traeger reiterated its full-year 2022 outlook.

Traeger reported a 30.8% increase in total revenues for the fourth quarter of 2021, reaching $174.9 million. However, the gross profit margin decreased slightly to 37.4%. The company experienced a net loss of $33.7 million, or $0.29 per share, but adjusted net income was $3.6 million, or $0.03 per share. Adjusted EBITDA remained flat at $13.8 million.

Traeger reported a revenue increase of 11.7% to $162.0 million compared to the third quarter last year. The company faced challenges with gross profit margin, which decreased to 33.5% due to increased freight rates and logistics costs. Net loss was $89.2 million, driven by equity-based compensation expense.

Traeger reported a 39.1% increase in total revenue, reaching $213.0 million, driven by strong performance across product categories and regions. The company's gross margin was 39.1%, and it experienced a net loss of $4.9 million. Adjusted EBITDA was $26.9 million.