Earnings summaries and quarterly performance for PELOTON INTERACTIVE.
Executive leadership at PELOTON INTERACTIVE.
Board of directors at PELOTON INTERACTIVE.
Research analysts who have asked questions during PELOTON INTERACTIVE earnings calls.
Shweta Khajuria
Wolfe Research, LLC
3 questions for PTON
Also covers: BMBL, CART, CHWY +14 more
Simeon Siegel
BMO Capital Markets
3 questions for PTON
Also covers: AEO, BBWI, BIRK +16 more
Arpine Kocharyan
UBS
2 questions for PTON
Also covers: FUN, HAS, LTH +2 more
Brian Nagel
Oppenheimer & Co. Inc.
2 questions for PTON
Also covers: ASO, AZO, BBY +17 more
Curtis Nagle
Bank of America
2 questions for PTON
Also covers: ACVA, BMBL, CHWY +12 more
Douglas Anmuth
JPMorgan Chase & Co.
2 questions for PTON
Also covers: ABNB, AMZN, BKNG +17 more
Eric Sheridan
Goldman Sachs
2 questions for PTON
Also covers: ABNB, ACVA, AMZN +42 more
Youssef Squali
Truist Securities
2 questions for PTON
Also covers: BABA, DASH, DV +12 more
Andrew Boone
JMP Securities
1 question for PTON
Also covers: CARG, CART, CVNA +23 more
Arpine Kocharian
UBS Group AG
1 question for PTON
Also covers: FUN, MAT, MTN +1 more
Curt Nagle
Bank of America Corporation
1 question for PTON
Lee Horowitz
Deutsche Bank
1 question for PTON
Also covers: ABNB, BKNG, CART +5 more
Nathaniel Feather
Morgan Stanley
1 question for PTON
Also covers: BMBL, CHWY, DUOL +6 more
Recent press releases and 8-K filings for PTON.
Peloton Outlines New Growth Strategy, Product Launches, and Financial Plans
PTON
Product Launch
Guidance Update
Debt Issuance
- Peloton has launched a new growth strategy, including the Peloton Cross Training Series and the first-ever commercial line, Peloton Pro Series, expanding its product lineup from five to nine items. It also introduced Peloton IQ, an AI-powered personal coach, which was rolled out to millions of members.
- The company has reduced its net debt by half over the last year and aims to save an additional $100 million in FY26 on a run rate basis, having already achieved half of this target.
- Despite a recent price increase, Peloton expects churn to remain flat for the full year, driven by a tenure effect, increased member workouts, and a rapid moderation in cancellations post-price hike.
- Peloton is expanding its distribution footprint through micro-stores and a partnership with 100 Johnson Fitness and Wellness stores across the U.S.. The company also plans to refinance its $1 billion term loan around May, aiming for a lower cost of capital and increased flexibility for potential share buybacks or M&A.
- Executive compensation has been shifted towards performance-based stock units, and stock ownership requirements have been implemented for top executives to align with shareholder interests and reduce dilution.
Dec 3, 2025, 6:30 PM
Peloton Outlines New Growth Strategy and Debt Refinancing Plans
PTON
Product Launch
Debt Issuance
New Projects/Investments
- Peloton launched a new growth strategy including the Peloton Cross Training Series (nine new residential products), the Peloton Pro Series (first commercial line), and Peloton IQ, an AI-powered personal coach, which has led to a 4% increase in workouts per member in October.
- The company reduced its net debt by half over the last year and plans to refinance a $1 billion term loan around May to lower the cost of capital and gain flexibility for potential share buybacks or M&A. A $200 million zero-coupon debt is due in February.
- Peloton exceeded its FY25 target of $200 million in run-rate savings and is halfway to achieving another $100 million in savings for FY26. Connected Fitness gross margins are expected to improve in Q2 compared to Q1.
- Despite a recent subscription price increase, churn is flat for the year, attributed to a tenure effect, increased member engagement from new software, and a rapid moderation in churn post-price increase.
Dec 3, 2025, 6:30 PM
Peloton Outlines New Growth Strategy and Debt Refinancing Plans
PTON
Guidance Update
Product Launch
Debt Issuance
- Peloton has implemented a new multi-year growth strategy, launching the Peloton Cross Training Series and Peloton Pro Series products, alongside the AI-powered Peloton IQ software, which has led to a 4% increase in workouts per member in October.
- The company has reduced its net debt by half over the past year and is on track to achieve $100 million in savings for FY 2026.
- Peloton plans to refinance a $1 billion term loan around May to reduce the cost of capital and gain financial flexibility for potential buybacks or M&A.
- The company is expanding its distribution through micro-stores and a partnership with Johnson Fitness & Wellness, while maintaining a flat churn rate for the year despite a price increase.
Dec 3, 2025, 6:30 PM
Peloton Exceeds Q1 2026 Guidance and Raises Full-Year Outlook
PTON
Earnings
Guidance Update
Product Launch
- Peloton reported Q1 2026 total revenue of $551 million and Adjusted EBITDA of $118 million, exceeding guidance on most key financial metrics. The company also generated $67 million in free cash flow.
- The company announced a voluntary recall of approximately 833,000 Bike Plus units in the US and 44,800 in Canada due to a seat post issue, with a $13.5 million accrual impacting Q1 gross margin.
- Peloton launched a new equipment lineup (Cross Training Series, Pro Series) and Peloton IQ, an AI-powered personalized coaching feature, on October 1st.
- Management raised its full-year fiscal 2026 guidance for total gross margin to 52%, adjusted EBITDA to $425 million-$475 million, and the minimum free cash flow target to at least $250 million.
- The company continued to strengthen its balance sheet, with net debt decreasing by 49% year-over-year to $395 million and a net leverage ratio of 1.1.
Nov 6, 2025, 10:00 PM
Peloton Announces Q1 2026 Results and Raises Full Year 2026 Adjusted EBITDA Guidance
PTON
Earnings
Guidance Update
Demand Weakening
- Peloton Interactive, Inc. reported Q1 FY2026 Net Income of $14 million and Adjusted EBITDA of $118 million, which is a 2% year-over-year increase for Adjusted EBITDA.
- Total Revenue for Q1 FY2026 was $551 million, marking a 6% decrease year-over-year, while Free Cash Flow increased by $57 million year-over-year to $67 million.
- The company raised its Full Year FY2026 Adjusted EBITDA outlook to a range of $425 million to $475 million, an increase of $25 million from the previous quarter's outlook, and increased its Free Cash Flow minimum target to $250 million.
- For Q2 FY2026, Total Revenue is expected to be in the range of $665 million to $685 million, and Adjusted EBITDA is projected between $55 million and $75 million.
Nov 6, 2025, 9:01 PM
Peloton Announces Q1 FY2026 Results and Raises Full Year Adjusted EBITDA Guidance
PTON
Earnings
Guidance Update
- For Q1 FY2026, Peloton reported total revenue of $551 million, a 6% decrease year-over-year, GAAP net income of $14 million, an increase of $15 million year-over-year, and Adjusted EBITDA of $118 million, a 2% increase year-over-year.
- The company's Free Cash Flow for Q1 FY2026 was $67 million, representing a significant increase of $57 million year-over-year.
- Peloton raised its Full Year FY2026 Adjusted EBITDA outlook to a range of $425 million to $475 million, an increase of $25 million from its previous outlook, and set a Free Cash Flow minimum target of $250 million, an increase of $50 million.
- For Q2 FY2026, Peloton expects total revenue to be in the range of $665 million to $685 million and Adjusted EBITDA to be between $55 million and $75 million.
Nov 6, 2025, 9:01 PM
Peloton Launches AI-Powered Peloton IQ, New Cross Training Series, and Increases Membership Prices
PTON
Product Launch
New Projects/Investments
M&A
- Peloton Interactive, Inc. is ushering in a new era with a complete portfolio overhaul, introducing the AI-powered Peloton IQ and the Peloton Cross Training Series of connected fitness equipment.
- The new Cross Training Series includes five devices: Cross Training Bike, Bike+, Tread, Tread+, and Row+, all featuring advanced Swivel Screens, with the "plus" line offering a built-in Movement Tracking Camera for personalized guidance.
- Peloton IQ, an AI and computer vision system, provides personalized guidance, real-time feedback, and tailored recommendations, and is available across all Peloton connected fitness equipment.
- The company is expanding its wellness offerings through new partnerships with Hospital for Special Surgery and Halle Berry's Respin Health, and has acquired Breathwrk, a breathing exercise app.
- Effective in October, Peloton will increase the price of its All-Access Membership from $44 to $49.99, App+ Membership from $24 to $28.99, and App One Membership from $12.99 to $15.99.
Oct 1, 2025, 11:00 AM
Peloton Interactive Outlines Strategic Roadmap and Financial Progress
PTON
Guidance Update
Management Change
New Projects/Investments
- Peloton delivered $324 million in free cash flow in fiscal 2025, a $400 million year-over-year improvement, and expects to deliver at least $200 million in free cash flow in fiscal 2026. The company also achieved $200 million in run rate cost savings in fiscal 2025 and targets an additional $100 million by the end of fiscal 2026.
- The company is executing a three-phase strategic roadmap, having completed Phase 1 (cost alignment, including refinancing $1.35 billion of debt in May 2024) and is now in Phase 2, focusing on sustainable operations and investing in future growth with a new management team in place, including a new CMO, COO, and CIO.
- Peloton's subscription business benefits from a loyal base of approximately 6 million members with a low churn profile, improving its Q4 average net monthly churn rate by 10 basis points year-over-year to 1.8%. Personalized plans, launched in January, have been adopted by ~700,000 members as of June, leading to higher engagement.
- The company is expanding its physical presence through MicroStores, with 10 expected to be live by calendar year 4Q, and plans to close its 13 remaining legacy showrooms by fiscal 2026. Peloton also rolled out Repowered, an online marketplace for used equipment, nationwide.
- Peloton has not increased its All-Access membership prices in North America since June 2022 and will only consider future price changes after delivering additional value and benefits to members.
Sep 3, 2025, 3:08 PM
Peloton Reports Strong Q4 2025 Results and Provides FY 2026 Guidance
PTON
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Peloton exceeded all key financial performance goals for Q4 and fiscal year 2025, generating $324 million in free cash flow and reducing net debt by $343 million or 43% year over year.
- For fiscal year 2026, the company forecasts total revenue of $2.4 billion to $2.5 billion, a 2% year-over-year decrease at the midpoint, but anticipates an inflection toward year-over-year revenue growth in the last three quarters.
- Peloton expects to achieve an additional $100 million in run rate cost savings by the end of fiscal year 2026, building on the $200 million in run rate savings achieved by the end of fiscal year 2025.
- The company aims to generate at least $200 million in free cash flow for fiscal year 2026 and projects Adjusted EBITDA of $400 million to $450 million.
Aug 8, 2025, 9:30 AM
Peloton appoints Megan Imbres as CMO, promotes Shanahan to CTO
PTON
Management Change
Hiring
- Peloton appointed Megan Imbres as Chief Marketing Officer effective July 7, 2025; she brings over 20 years of experience at Apple, Netflix, and Amazon Ads.
- Peloton promoted Francis Shanahan to newly created Chief Technology Officer, leveraging his prior role as SVP of Connected Fitness Software to drive AI innovation for its 6 million+ members.
- The company ended the quarter with 2.88 million paid Connected Fitness subscriptions, a net increase of 5,000, surpassing guidance by 10,000.
- Peloton reported $624 million in total revenue—$205 million from products and $419 million from subscriptions—with a 51% gross margin, up 780 basis points year-over-year.
Jun 12, 2025, 11:28 PM
Quarterly earnings call transcripts for PELOTON INTERACTIVE.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more