Peloton (PTON)
Combines connected cardio equipment, instructor-led classes, and recurring memberships.
$5.07
After hours+0.05 (+1.00%)
At close$5.02(+1.41%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 596 | 744 | 718 | 644 | 586 | 674 | 624 | 607 | 551 | 657 | 631 | 608 |
| Cost of revenue | 310 | 444 | 408 | 332 | 282 | 356 | 306 | 279 | 267 | 325 | 304 | 263 |
| Gross profit | 286 | 299 | 310 | 312 | 304 | 318 | 318 | 328 | 284 | 331 | 327 | 344 |
| 418 | 487 | 456 | 375 | 291 | 364 | 350 | 299 | 242 | 320 | 275 | 263 | |
| Research & development | 79 | 80 | 77 | 69 | 59 | 60 | 60 | 56 | 62 | 65 | 59 | 57 |
| 294 | 379 | 323 | 298 | 201 | 275 | 258 | 206 | 168 | 249 | 203 | 200 | |
| Selling & marketing | 146 | 224 | 170 | 112 | 82 | 148 | 107 | 81 | 67 | 149 | 95 | 84 |
| General & administrative | 148 | 155 | 153 | 186 | 120 | 127 | 151 | 125 | 101 | 101 | 108 | 116 |
| Other expenses | 45 | 28 | 56 | 8 | 31 | 29 | 33 | 37 | 13 | 6 | 13 | 7 |
| Operating income | −132 | −187 | −146 | −63 | 13 | −46 | −32 | 30 | 41 | 11 | 53 | 81 |
| −26 | −10 | −21 | 33 | −13 | −45 | −15 | −7 | −27 | −50 | −26 | −21 | |
| Interest income | 8 | 8 | 9 | 9 | 8 | 8 | 8 | 9 | 10 | 9 | 9 | 9 |
| Interest expense | 27 | 28 | 28 | 30 | 35 | 35 | 33 | 32 | 32 | 32 | 30 | 30 |
| Other non-operating income | −45 | −18 | −7 | −8 | −31 | 11 | −33 | −25 | −6 | 19 | −4 | −10 |
| Income before tax | −159 | −197 | −167 | −30 | 0 | −91 | −47 | 23 | 15 | −39 | 27 | 61 |
| Income tax expense | 1 | −2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | −1 |
| Net income from continuing operations | −159 | −195 | −167 | −31 | −1 | −92 | −48 | 22 | 14 | −39 | 27 | 62 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −159 | −195 | −167 | −31 | −1 | −92 | −48 | 22 | 14 | −39 | 26 | 62 |
| EPS, basic | −$0.44 | −$0.54 | −$0.45 | −$0.08 | −$0.00 | −$0.24 | −$0.12 | $0.05 | $0.03 | −$0.09 | $0.06 | $0.14 |
| EPS, diluted | −$0.44 | −$0.54 | −$0.45 | −$0.08 | −$0.00 | −$0.24 | −$0.12 | $0.05 | $0.03 | −$0.09 | $0.06 | $0.13 |
| Weighted average shares, basic | 359 | 362 | 368 | 374 | 379 | 386 | 394 | 402 | 413 | 417 | 421 | 436 |
| Weighted average shares, diluted | 359 | 362 | 368 | 374 | 379 | 386 | 394 | 402 | 430 | 417 | 433 | 521 |
| EBITDA | −56 | −144 | −112 | −39 | 69 | −34 | 22 | 75 | 64 | 8 | 71 | 94 |
| Depreciation & amortization | 31 | 25 | 27 | 17 | 25 | 23 | 21 | 21 | 17 | 15 | 14 | 3 |
| EBIT | −87 | −169 | −139 | −55 | 44 | −57 | 1 | 55 | 47 | −8 | 57 | 91 |
