# Traeger, Inc (COOK) · Edgar & Edgarette company card

> Traeger (COOK) saw revenue fall 7.4% in FY2025 to $560 million, operating margin -17.5% against a 5.3% median for household appliances, equity 25.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1857853 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/COOK) · [JSON](https://www.pops4.com/boards/company/COOK.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $560M |
| Revenue growth, 1 year | -7.4% |
| Revenue growth per year | -8.1% |
| Operating margin | -17.5% (prior year -0.5%) |
| Net margin | -20.6% |
| Operating cash flow | $21M |
| Capital spending | $7M |
| Free cash flow | $14M |
| Cash | $20M |
| Long-term debt | $403M |
| Total assets | $676M |
| Total equity | $171M |
| Equity ÷ assets | 25.3% |
| Return on equity | -67.4% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -3.19 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -3.46 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -17.5% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $559.5M (FY2025), total debt $403.3M. Experience: revenue down 7.4% on the year, down 8.1% a year over 4 years; operating margin -17.5%, down from -0.5%. Soundness: equity 25.3% of assets, return on equity -67.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $444.4M and $594.5M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $412.9M to $641.8M. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, its industry group): operating margin -17.5% against a 5.3% median; growth -7.4% against -6.4%.

Range logged 2026-10-02, receipt 7fb2a43c4760a1bb, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 2, latest 2026-03-06 ([filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026015471/0001628280-26-015471-index.htm))
- Item 5.02 Director or officer change: 4, latest 2026-10-01 ([filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026064311/0001628280-26-064311-index.htm))

## Recent filings

- 8-K · filed 2026-10-01 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026064311/0001628280-26-064311-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026053737/0001628280-26-053737-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026053336/0001628280-26-053336-index.htm)
- 8-K · filed 2026-06-09 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026041919/0001628280-26-041919-index.htm)
- 10-Q · filed 2026-05-11 · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026033681/0001628280-26-033681-index.htm)
- 8-K · filed 2026-05-11 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1857853/000162828026033467/0001628280-26-033467-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001857853.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1857853

## Cite

POPS4, Edgar & Edgarette: Traeger, Inc (COOK) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/COOK. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.