iFIT Files for IPO, Could Raise Estimated $800M

September 1, 2021

Formerly known as Icon Health Fitness, iFIT offers interactive workouts, training programs, and instruction from world-class trainers.

The company owns various fitness brands including FreeMotion and NordicTrack, and has more than 6.1 million members in over 120 counties — including 1.5 million paying subscribers.

The company generated $1.7 billion in revenue in fiscal 2021, up from $851.7 million during the same period a year prior. FOS