Who Owns Bowflex?
Bowflex is owned by Nautilus, Inc., a publicly traded American fitness company. Bowflex operates as Nautilus's flagship brand for home fitness equipment. Nautilus is headquartered in Vancouver, Washington, USA and trades on NYSE under NLS.
Parent Company
Nautilus, Inc.
Founded
1986
Status
Publicly Traded
Headquarters
Vancouver, Washington, USA
Who Owns Bowflex?
- Parent Company: Nautilus, Inc.
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: NYSE: NLS
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Bowflex | Nautilus, Inc. | Subsidiary |
History of Bowflex
- Founded: 1986
- Founders: Tessema D. Shifferaw
Bowflex was founded in 1986 by Tessema D. Shifferaw, who developed the original Bowflex home gym concept based on power rod resistance technology. The innovative design allowed users to perform over 30 exercises with a single piece of equipment, revolutionizing the home fitness market. This groundbreaking innovation demonstrated exceptional insight into the growing demand for compact, versatile home fitness solutions while creating a distinctive product category that would define the brand for decades.
Throughout the late 1980s and 1990s, Bowflex grew through direct-to-consumer marketing and infomercials, becoming one of the most recognizable fitness brands in America. The company expanded its product line to include treadmills, elliptical machines, and other home fitness equipment. This period of growth demonstrated Bowflex's ability to build brand recognition through effective direct marketing while expanding its product portfolio to serve diverse fitness needs and consumer preferences.
In 2002, Bowflex was acquired by Nautilus, Inc., a fitness equipment company that already owned brands like Schwinn and Nautilus. The acquisition allowed Bowflex to benefit from Nautilus's manufacturing capabilities, distribution networks, and financial resources. This strategic acquisition demonstrated Nautilus's exceptional ability to identify and acquire innovative fitness brands with strong market potential while providing the resources necessary for accelerated growth and product development.
Under Nautilus ownership, Bowflex continued to innovate with products like the Bowflex Max Trainer, TreadClimber, and SelectTech adjustable dumbbells. The brand experienced significant growth during the COVID-19 pandemic as home fitness became increasingly popular, leading to record sales and market expansion. This remarkable growth during the pandemic demonstrated Bowflex's ability to meet changing consumer needs while maintaining its position as a leading home fitness brand in a rapidly evolving market landscape.
About Nautilus, Inc.
Who owns Nautilus, Inc.?
Nautilus, Inc. is an independent, publicly traded company listed on NYSE (NLS). The company has no controlling shareholder and is owned by institutional investors, mutual funds, and individual shareholders.
Is Nautilus, Inc. publicly traded?
Yes, Nautilus, Inc. is publicly traded on the New York Stock Exchange under ticker NLS.
What brands does Nautilus own?
Nautilus, Inc. owns the Bowflex, Schwinn, and Nautilus fitness brands, as well as the JRNY digital fitness platform.
What happened to Nautilus after the pandemic?
Nautilus experienced a surge in revenue during the COVID-19 pandemic (approximately $560 million in FY2021) as gym closures drove consumers to purchase home fitness equipment. As gyms reopened, home fitness demand declined sharply, and Nautilus's revenues fell to approximately $191 million in FY2024.
When was Nautilus, Inc. founded?
The corporate entity was founded in 1986 as Direct Focus, Inc. The company acquired the Bowflex brand in 1999, the Nautilus brand in 2001, and the Schwinn Fitness brand in 2002, renaming itself Nautilus, Inc. in 2003.
What is JRNY?
JRNY is Nautilus's digital fitness platform that provides workout content, coaching, and personalized training programs for Bowflex and Nautilus connected fitness equipment. JRNY competes with Peloton's digital platform and iFIT's platform.
- Founded: 1986
- Headquarters: Vancouver, Washington, USA
- Company Type: Publicly Traded
- Stock: NYSE: NLS
Where Is Bowflex Made / Based?
- Headquarters: Vancouver, Washington, USA
- Manufacturing / Operations: United States, China, Taiwan, Vietnam
Bowflex Ownership: Pros & Cons
Advantages
- +Market-leading brand recognition in home fitness equipment
- +Strong product innovation with power rod technology and compact designs
- +Direct-to-consumer sales model with higher profit margins
- +Experienced manufacturing and supply chain through Nautilus
- +Growing home fitness market driven by health and wellness trends
Considerations
- -Intense competition from Peloton, NordicTrack, and other fitness brands
- -Seasonal sales patterns with peaks in New Year resolution periods
- -Supply chain dependencies on Asian manufacturing
- -High marketing costs for direct-to-consumer acquisition
- -Market saturation in crowded home fitness equipment segment
Frequently Asked Questions About Bowflex
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Bowflex
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Amer Sports | Canada | 1989 | Mass Market | Global | Male |
Learn More About Competitors
Competitive Analysis
Market Positioning: Bowflex competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Nautilus, Inc. Stock Information
Jobs at Nautilus, Inc.
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