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

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

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.

The premium home fitness specialist may seem to be pedaling the wrong way, but sometimes you have to go back to move forward.

3 Reasons to Sell Peloton Stock, 1 Reason to Buy

Peloton's market capitalization is down $51 billion. Without more cash, can it outlast its plunging revenues?

After 28% Revenue Drop, Peloton Could Burn Through Its Cash In 2023

The stock fell 18% on Aug. 25 after it reported Q4 earnings.

Why Is Everyone Talking About Peloton Stock?

When fitness product maker Peloton Interactive Inc. (NASDAQ: PTON) released its quarterly earnings, they could not have been worse.

Peloton Gets Crushed

Dell Technologies

NVIDIA

Sony

Taiwan Semiconductor Manufacturing

As Wall Street fixates on what Federal Reserve Chairman Jerome Powell's Jackson Hole speech means for interest rates, Main Street continues to wrestle with a spending crunch.

Consumer Gloom Spreads to Electronics as Powell Steps Up to Speak

Peloton investors are fleeing after the company's discouraging fourth quarter. But CEO Barry McCarthy is trying to convince them to stick around.

Here's how Peloton CEO Barry McCarthy's turnaround plan is going

Amazon

The dream was to sell directly to customers. Now Peloton is on Amazon, Casper is in a furniture shop, and it's awkward.

Why Peloton Is Selling on Amazon

That was Peloton's CEO trying to spin the exercise bike brand's recent earnings miss in a much better light.

Peloton CEO says ‘naysayers' are looking at the company's $1.2 billion quarterly loss all wrong

Investors see ‘existential threats' to fitness company that saw popularity during early months of Covid pandemic

Peloton shares plummet after quarterly losses top $1.2bn

Peloton's rough road to recovery continues. The fitness company's quarterly revenue came in below Wall Street estimates, signaling that its recently launched turnaround effort will take more time to revive sagging sales.

Peloton had another dismal quarter

Demand has nosedived as gyms reopened following vaccinations.

Peloton shares tumble 20% after massive quarterly loss, bleak forecast

Poor quarterly results and weak guidance sent the stock downward.

Why Peloton Stock Is Falling Hard Today

The fourth quarter might be seen as Peloton peddling on a road to nowhere, but its CEO believes the company has turned a corner.

Lift From Peloton Deal With Amazon Wiped Out As Quarterly Loss Climbs To $1.2 Billion

Peloton's disappointing results come after it embarked on an $800 million restructuring plan, which has included sweeping layoffs and price hikes on its Bike+ and Tread products.

Peloton shares plunge as losses widen, sales slump

The company is working to regain control of a bike fewer people seem to want to ride.

Peloton's Brand Is Past Its Prime

Investors sold shares of Peloton after the company reported another “underwhelming” quarter of losses and warned of further challenges.

Peloton's Crash Keeps Getting Worse As Shares Plunge Nearly 20% After $1.2 Billion Loss

Peloton's Crash Keeps Getting Worse As Shares Plunge 20% After $1.2 Billion Loss

The turnaround plan for Peloton is making a major turn towards prioritizing the growth of its digital offerings over its high-end bike and treadmill sales as the company looks to boost its recurring revenue and appeal to a wider user base.

Peloton Going More Digital, Less Hardware, to Drive Recurring Revenue

Why Peloton's Biggest Problem Isn't the Hardware

Peloton (PTON) delivered earnings and revenue surprises of -85.92% and 0.65%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Peloton (PTON) Reports Q4 Loss, Misses Revenue Estimates

Peloton Interactive, Inc. (NASDAQ:PTON ) Q4 2022 Earnings Conference Call August 25, 2022 8:30 AM ET Company Participants Peter Stabler - Head, Investor Relations Barry McCarthy - Chief Executive Officer Liz Coddington - Chief Financial Officer Conference Call Participants Justin Post - Bank of America Doug Anmuth - JPMorgan Ron Josey - Citi Lauren Schenk - Morgan Stanley Edward Yruma - Piper Sandler Eric Sheridan - Goldman Sachs Shweta Khajuria - Evercore ISI Kaumil Gajrawala - Credit Suisse John Blackledge - Cowen Youssef Squali - Truist Arpine Kocharyan - UBS Operator Good day, and thank you for standing by. Welcome to the Peloton Interactive Fourth Quarter 2022 Earnings Call.

Peloton Interactive, Inc. (PTON) Q4 2022 Earnings Call Transcript

Peloton (NASDAQ: PTON ) stock gave back most of the 20% gain it got from selling on Amazon (NASDAQ: AMZN ) overnight as fourth-quarter earnings disappointed. The maker of Internet-connected exercise equipment lost $1.24 billion, $3.68/share, on a revenue of $678 million.

Why Is Peloton (PTON) Stock Plunging Today?

Peloton Interactive Inc has posted losses of more than $1.2 billion in its fiscal fourth quarter as revenue plunged, and the maker of bikes and treadmills warned that it will spend more cash than it brings in for several more months. The company lost $2.8 billion in the year ended June 30, 2022, compared with a $189 million loss in the prior year.

Peloton Interactive posts losses of more than $1.2 billion in its fiscal fourth quarter as revenue plunges

The exercise equipment company is taking steps to shore up finances, according to Chief Executive Officer Barry McCarthy, who took over earlier this year.

Peloton's quarterly loss tops $1.2B as bike, treadmill sales plunge

The maker of exercise bikes attributed part of the loss to restructuring charges related to supply chain and inventory problems.

News for Peloton Stock (PTON)