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Traeger

COOK

Traeger is the creator and category leader of the wood pellet grill, providing an integrated outdoor cooking platform that utilizes IoT technology and all-natural hardwoods.

Market cap
$170.25M-24.4%
Revenue$510.3M-15.3%
Net income-$111.5M-270%
Free cash flow$11.5M-47.1%
EPS (diluted)$0.22+142%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$133.2M
EPS estimate-$1.57

Financials

Q1 2026

Income statement

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Revenue$94.1M-34.3%
Gross profit$43.0M-27.7%
Operating income-$1.0M-130%
Net income$2.9M+476%
EPS (diluted)$1.08+460%

Balance sheet

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Cash & equivalents$33.7M+180%
Total debt$424.7M-0.8%
Total equity$174.8M-37.5%
Total assets$661.7M-19.9%

Cash flow

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Operating cash flow$17.9M+186%
CapEx$3.4M+85.8%
Free cash flow$14.5M+164%

Valuation & ratios

Valuation

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Market cap$170.25M-24.4%
Enterprise value$561.24M-14.8%
P/S0.3×-0.1×

Profitability

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Gross margin39.8%-2.1pp
Operating margin-20%-20.1pp
Net margin-21.8%-31.1pp

Returns & leverage

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Return on equity-49.1%-67.4pp
Debt / equity2.4×+0.9×
Current ratio3.4×+1.2×

Segments

By product

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Grills$47.4M-45.4%
Consumables$26.1M-13.7%
Accessories$20.6M-21.8%

By geography

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North America$84.8M-36.4%
Rest of world$9.3M-7.3%

By segment

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Reportable segment$94.1M-34.3%

Competitors

Profile

Traeger is the creator and category leader of the wood pellet grill, providing an integrated outdoor cooking platform that utilizes IoT technology and all-natural hardwoods. The company offers a connected ecosystem that combines high-performance grills with digital content, mobile applications, and recurring revenue consumables. Its value proposition centers on providing a versatile, easy-to-use wood-fired cooking experience that empowers home cooks through automated temperature control and cloud-connected features.

Competitive position

Traeger is the pioneer and market leader in the wood pellet grill category, maintaining a strong competitive moat through its proprietary WiFIRE IoT platform and a highly engaged 'Traegerhood' community.

GeographiesUnited States, Canada, Europe, China, Vietnam
Customer segmentsB2C, Homeowners, Culinary professionals
Business modelOmnichannel retail, Direct-to-consumer, IoT hardware-enabled services, Consumable recurring revenue
SuppliersThird-party manufacturers in China and Vietnam, Hardwood fiber suppliers (lumber and furniture industry byproducts), Electronic component suppliers, Cloud computing service providers
CustomersMass market retailers, Specialty hardware stores, E-commerce platforms, Direct-to-consumer end users
Listed2021
Employees641.0
CEOJeremy Andrus
FilingsSEC EDGAR

Questions, answered.

What is Traeger's market cap?
Traeger (COOK) has a market capitalization of $170.2M and trades on NYSE.
What is Traeger's revenue and profitability?
Traeger generated $510.3M in trailing twelve-month revenue with a net loss of $111.5M, representing a net margin of -21.8%. Gross margin stands at 39.8%, with free cash flow of $11.5M. These figures are based on the Q1 2026 filing.
Who are Traeger's competitors?
Traeger's key competitors include Kirkland Signature, American Outdoor Brands, Inc. Common Stock, Chewy, Inc., and others. These companies compete in similar markets and product categories.
Who does Traeger partner with?
Traeger's notable partners include Ace Hardware, The Home Depot, Amazon, and others.
What subsidiaries does Traeger have?
Traeger's subsidiaries include Apption Labs.
Where is Traeger headquartered?
Traeger is headquartered in United States of America and employs approximately 641 people. It has been publicly traded since 2021.