Traeger Q1 FY26 returns to profit of $2.9 million; revenue drops 34.3% to $94.1 million
Traeger
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- Traeger swung to net income of $2.9 million as revenue fell 34.3% to $94.1 million in first-quarter fiscal 2026 results.
- Grill revenue dropped 45.4% to $47.4 million, while gross margin widened 4.2 percentage points to 45.7%.
- Adjusted EBITDA declined 23.11% to $17.3 million; operating cash flow totaled $17.9 million and free cash flow was $14.5 million.
- CEO Jeremy Andrus cited early demand signals, increased influencer investment, and ongoing lineup refreshes including Westwood and recently announced Irontop.
- Full-year revenue guidance was maintained at $465 million-$485 million, while adjusted EBITDA outlook was raised to $57 million-$67 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Traeger Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260511053754) on May 11, 2026, and is solely responsible for the information contained therein.
