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NYSE · Technology

Traeger, Inc. (COOK)

As-reported financials and SEC filings for Traeger, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Traeger, Inc.

Traeger, Inc. produces wood pellet grills that use all-natural hardwood pellets to grill, smoke, bake, roast, braise, and barbecue food. Their grills feature internet connectivity allowing users to control and monitor cooking via a mobile app. The company also offers digital cooking content, consumable products like wood pellets and sauces, and grilling accessories, serving a community ranging from casual grillers to professional chefs.

Snapshot

Revenue
$559.5M
Revenue growth (YoY)
-7.4%
Net income
$-115.2M
Diluted EPS
$-0.87
Gross margin
39.2%
Operating margin
-17.5%
Net margin
-20.6%
FCF margin
2.4%
ROE
-67.4%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$156.3M
Long-term debt / equity
2.34×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Traeger

  • Revenue fell 7.4% to $560M in FY2025, after a 0.3% decline the year before.
  • Operating margin is -17.5% in FY2025, -9.7 pp against -7.8% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $120M, down 17.4% from Q2 FY2025.
  • Free cash flow was $14M in FY2025, 2.4% of revenue.
  • Net loss widened to $115M in FY2025, from $34M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Traeger’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin39.2%
38th percentile of 509
Operating margin-17.5%
18th percentile of 563
Net margin-20.6%
16th percentile of 577
FCF margin2.4%
30th percentile of 544
Revenue growth (YoY)-7.4%
13th percentile of 616
ROE-67.4%
9th percentile of 540
Long-term debt / equity2.34×
92nd percentile of 278
Short interest1.00d
1st percentile of 622

Traeger’s long-term debt to equity of 2.34 ranks in the 92nd percentile of the 278 Technology companies reporting it. Traeger’s return on equity of -67.4% ranks in the 9th percentile of the 540 Technology companies reporting it. Traeger’s revenue growth of -7.4% ranks in the 13th percentile of the 616 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $152,070. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 quant / multi-strat book among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+1 quant / multi-strat
Initiated / added
1
1 new, 0 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$3.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$3.8M48.2KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$152K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
filed 2026-08-31
VandenAkker ColeChief Sales OfficerSell2.8K$55.30$152K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
53.9K
settled 2026-08-14
Change vs prior
-5.2%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
54.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1453.9K-5.2%1.00
2026-07-3156.9K+10.5%1.00
2026-07-1551.5K+10.5%1.05
2026-06-3046.6K-31.4%1.00
2026-06-1567.9K+38.7%1.58
2026-05-2948.9K-6.2%1.00
2026-05-1552.2K-5.1%6.11
2026-04-3055.0K-19.1%3.76

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$559.5M$604.1M$605.9M$655.9M$785.5M
Gross profit$219.3M$255.5M$223.6M$228.8M$300.8M
Operating income$-97.7M$-2.9M$-55.4M$-345.9M$-61.1M
Net income$-115.2M$-34.0M$-84.4M$-382.1M$-91.8M
Diluted EPS$-0.87$-0.27$-0.68$-3.19$-0.82

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$20.5M$23.9M$64.0M$5.1M$-28.4M
Capital expenditure$6.9M$12.0M$19.9M$18.4M$22.5M
Free cash flow$13.6M$11.9M$44.1M$-13.3M$-50.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$120.2M-17.4%$-8.6M
Q1 FY2026$94.1M-34.3%$2.9M
Q4 FY2025$145.4M-13.8%$-17.2M$-0.13
Q3 FY2025$125.4M2.7%$-89.8M$-0.67
Q2 FY2025$145.5M-13.6%$-7.4M
Q1 FY2025$143.3M-1.1%$-778,000
Q4 FY2024$168.6M3.2%$-7.0M$-0.05
Q3 FY2024$122.0M3.7%$-19.8M$-0.15

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryHousehold Appliances
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2021
SEC CIK1857853

Selected SEC filings

10-K2026-03-06
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-11
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-06-09
View on EDGAR →
8-K2026-05-11
View on EDGAR →
8-K2026-03-27
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.