Connected Fitness Subscribers

Revenue segments as reported by the company.

Connected Fitness Products

Subscription

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Goodwill impairment

Impairment expense

Restructuring expense

Supplier settlements

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Peloton

Peloton Interactive, Inc. operates an at-home fitness platform for live and on-demand indoor cycling classes. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members. It operates through two reportable segments: Connected Fitness Products and Subscription. The Connected Fitness Product segment consists of sales of bike, tread & related accessories. The Subscription segment involves the monthly subscription and credits from live studio classes. Peloton Interactive was founded by John Foley, Graham Stanton, Thomas Cortese, Yony Feng and Hisao Kushi in 2012 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Peloton reports progress towards free cash flow break-even and international growth opportunities

Peloton's Q1 2023 earnings call highlighted progress towards free cash flow break-even, challenges related to subscriber growth and churn behavior, and opportunities for international growth and an asset-light model. The company emphasized its brand repositioning, competitive advantages, and the importance of engagement in shaping churn behavior.

Peloton maintains revenue stability, faces delivery delays, and operational challenges

Peloton's Q2 2023 Earnings Call highlighted steady revenue projections, operational challenges in delivery delays, and a focus on balancing growth and free cash flow objectives. The company's strengths include a dedicated team, successful content, and instructor strategies, while facing challenges in forecasting post-pandemic consumer behavior and managing churn rates.

Peloton progresses towards free cash flow break-even amid strategic shifts

Peloton's Q3 2023 earnings call highlighted progress towards free cash flow break-even, a strategic shift towards a subscription-based model, and a focus on customer engagement and retention.
The company's strengths lie in its app-centric strategy, content quality, partnerships, and focus on customer lifetime value, while facing challenges in seasonality, churn dynamics, and operational optimizations.
Opportunities for Peloton include app launch, international expansion, subscription model transition, and strategic trade-offs to enhance profitability and drive growth through content innovation and customer acquisition strategies.
Overall, Peloton's performance reflects a balanced approach towards financial sustainability, growth, and customer-centric strategies to navigate challenges and capitalize on opportunities in the fitness and digital content market.

Peloton reports strong sales and optimistic growth outlook for '24

Peloton's Q4 '23 Earnings Call highlighted strong sales performance and positive free cash flow expectations.
The company faces challenges from unexpected issues but remains optimistic about growth initiatives and future prospects.
Key strengths include successful brand relaunch, Digital app performance, and focus on user retention strategies.
Opportunities for growth include expanding co-branded bikes, optimizing marketing strategies, and driving user engagement.

Peloton reports strong Q1 earnings, eyes FaaS growth optimization

Peloton's Q1 earnings call highlighted robust revenue growth, positive engagement trends, and strategic expense management. The company's strengths lie in revenue-sharing partnerships, strong NPS scores, and the promising FaaS rental business. Challenges include cautious FaaS growth management and efforts to optimize program economics, while opportunities exist in partnerships, content expansions, and program enhancements.

Peloton excels in Q2 with strong demand and growth strategies

Peloton's Q2 2024 performance was marked by strong demand, sales mix shift, and engagement improvements.
The company faces challenges such as inventory issues, lower free cash flow guidance, and user churn rates.
Opportunities lie in marketing efficiency optimization, product innovation, and content partnerships for growth.
Overall, Peloton's focus on enhancing user experience and driving growth through strategic initiatives is evident.

Peloton achieves positive free cash flow, focuses on cost reduction

Peloton's Q3 performance showed revenue growth, subscriber base expansion, and a focus on cost reduction and positive free cash flow.
Strengths lie in market leadership, financial discipline, international growth focus, and alignment with health and wellness trends.
Challenges include underperformance in app subscriptions, higher churn, and the need for refining acquisition and retention strategies.
Opportunities exist in Tread market potential, app strategy enhancements, disciplined investments, and long-term health and wellness trends.
Peloton remains committed to its mission of connecting individuals through fitness and aims to ensure financial stability and growth.

Peloton reports positive Q4 earnings, focuses on profitability and growth

Peloton's Q4 performance showcased financial stability, operational efficiency, and strategic partnerships driving revenue growth.
While facing challenges such as declining hardware sales and subscriber numbers, the company's focus on profitability and efficiency bodes well for future success.
Opportunities lie in diversifying revenue streams, enhancing content offerings, and optimizing operational efficiency for sustained growth.
Overall, Peloton's Q4 earnings call highlighted a mix of strengths, challenges, and opportunities that position the company for continued success in the evolving fitness market.

Peloton surpasses Q1 expectations, faces challenges in subscription management

Peloton's Q1 2025 performance exceeded expectations, driven by international growth and cost-saving measures, while facing challenges in managing subscriptions and balancing expenses.
Strengths lie in new leadership, efficient marketing strategies, and content innovation, with opportunities in retail optimization, content diversification, and international expansion.
To sustain growth, Peloton must address challenges in subscription management, navigate international complexities, and continue investing in content and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

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Net PPE

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

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Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Peloton Interactive, Inc. provides an at-home fitness platform for live and on-demand indoor cycling classes. The firm pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members. It operates through the Connected Fitness Products and Subscription segments. The Connected Fitness Products segment includes the sales of bikes, tread & related accessories. The Subscription segment refers to the monthly subscription and credits from live studio classes. The company was founded by John Foley, Graham Stanton, Thomas Cortese, Yony Feng, and Hisao Kushi in 2012 and is headquartered in New York, NY.

Peloton's leadership change and focus on treadmills present a promising turnaround, with potential profitability driven by high-margin software upsells. Despite high risks and ongoing losses, Peloton's leaner operations and positive revenue growth signal a favorable risk/reward ratio. Analysts' bearish outlook contrasts with Peloton's improving fundamentals, suggesting a potential 25% upside if market sentiment shifts.

Peloton: Selling Treadmills On Their Race To Profits

Peloton Interactive, Inc. (NASDAQ:PTON ) Goldman Sachs Communacopia + Technology Conference September 11, 2024 1:10 PM ET Company Participants Liz Coddington - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan All right. I think in the interest of time, we're going to get going with our next fireside chat.

Peloton Interactive, Inc. (PTON) Goldman Sachs Communacopia + Technology Conference (Transcript)

Peloton achieved positive revenue growth for the first time in multiple years last quarter. The company also strengthened its margins and reduced its expenses.

Has Peloton Turned Things Around and Become a Good Growth Stock to Buy Again?

Peloton's stock surged 40% after it reported fiscal fourth-quarter 2024 earnings. The company lost subscribers and continued to bleed red ink.

Despite Peloton's 40% Stock Surge, Persistent Problems Still Cloud Its Future Prospects. Here's Why

Peloton Interactive, Inc. (NASDAQ:PTON ) Citi Global TMT Conference September 5, 2024 10:00 AM ET Company Participants Liz Coddington - CFO Conference Call Participants Ron Josey - Citi Ron Josey All right. We got the thumbs up.

Peloton Interactive, Inc. (PTON) Citi Global TMT Conference (Transcript)

Peloton beat estimates on the top and bottom lines in its fiscal fourth-quarter report. Margins jumped after it closed a manufacturing facility.

Why Peloton Stock Jumped 31% in August

This stock was hot during the pandemic. It's time to rethink its future.

This Stock Is Down 97% -- Time to Buy It Hand Over Fist

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Peloton generates most of its revenue from subscriptions, not hardware. Peloton's income statement and balance sheet don't exemplify a financially sound enterprise.

3 Must-Know Facts About Peloton Before You Buy the Stock

Despite Peloton's rebranding effort launched in May 2023, executives acknowledged in the latest earnings call that the company's expanded offerings and new identity have yet to fully resonate with consumers. During last week's fourth-quarter earnings call, Interim Co-CEO Karen Boone addressed this topic.

CEO: Peloton Struggles to Shift Consumer Perception Despite Rebranding

Peloton stock jumped around 40% following its fiscal fourth-quarter earnings report. The company's top line expanded by 0.2% and it lost $0.08 per share in the quarter.

Where Will Peloton Stock Be in 1 Year?

Peloton's Q4 exceeded low expectations with increased revenue, higher subscription margins, and positive cash flow, but faced challenges like rising churn and high costs. The company struggles with a misaligned cost structure, excessive marketing spend, and questionable R&D expenses, despite some cost-cutting efforts. Peloton is still searching for a new CEO, but selling to a larger, more efficient company is recommended for maximizing shareholder value.

Peloton: Just Sell It

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A handful of stocks benefited massively during the pandemic. It was an interesting time to be an investor, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains.

Where are the Pandemic Winners Now? ZM, SHOP, PTON

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the company will be participating in the Goldman Sachs Communacopia & Technology Conference on Wednesday, September 11, 2024, at 10:10 AM PDT (1:10 PM EDT). Attending for Peloton will be Liz Coddington, Chief Financial Officer.

Peloton Interactive, Inc. Announces Participation in the Goldman Sachs Communacopia & Technology Conference

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the company will be participating in the Citi Global TMT Conference on Thursday, September 5, 2024, at 10:00 AM EDT. Attending for Peloton will be Liz Coddington, Chief Financial Officer.

Peloton Interactive, Inc. Announces Participation in the Citi Global TMT Conference

Another content distribution deal is moving Peloton in the right direction.

Peloton Gets a Google-Size Boost

The market was pleased with a slight revenue increase and positive free cash flow. Peloton's business is still in bad shape, with sales expected to decline and ongoing net losses.

Peloton Skyrockets Almost 40%: Should You Buy the Stock Right Now?

Peloton just delivered revenue growth for the first time in nine quarters. However, it's unlikely to last, with a significant drop-off in paid subscribers expected during fiscal 2025.

Peloton Stock Soared 44% Last Week, but Here's Why the Rally Might Fade

Peloton NASDAQ: PTON wowed the market with its FQ4 results, sending its shares up nearly 50% in two days. This indicates a dynamic shift that could increase its price over the coming quarters and years.

Don't Let Peloton Take You For a Ride: What You Need to Know

In its fiscal 2024 Q4, Peloton's revenue grew for the first time in more than two years. Management is projecting solid EBITDA and free cash flow generation for its fiscal 2025 as it reduces its cost structure.

A Peloton Turnaround? Should Investors Take a Ride with the Stock?

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“It just screams that this company wants to scam you with every fee it can. You're already getting a monthly fee.

Peloton slammed over $95 activation fee for used bikes — on top of monthly fee: ‘egregious money grab'

Peloton returned to slight revenue growth and improved its bottom line significantly. Fiscal 2025 guidance calls for a decline in revenue, but a jump in adjusted EBITDA.

Peloton Is Surging. Is the Connected Fitness Stock Finally a Buy?

The tail end of Q2 earnings were good to several companies on the CE 100 this week. The Index ended the week of August 23 up 2.6%, led by the “Live” pillar up 3.7% and “Bank” at 2.7%.

Strong Earnings and Peloton Recovery Spark CE 100 2.6% Bump

Peloton reduced its losses and generated positive free cash flow in the fourth quarter. Cost-cutting helped but so did inventory reductions that can't be sustained indefinitely.

News for Peloton Stock (PTON)