Peloton Interactive, Inc.PTON

NasdaqConsumer SpendingSporting & Athletic Goods, NEC
Price (close)
$4.79
Market cap
$2.5B
P/E
38.9x
Revenue (TTM)
$2.4B
Net income
$63.1M
Dividend yield
—
1-year total return
-43.1%
Net margin
2.6%
Revenue growth
-1.8%
Debt / equity
—

What Peloton Interactive, Inc. does.

Peloton is a leading global fitness and wellness company that empowers people to live fit, strong, long, and happy, by bringing integrated fitness and wellness experiences to Members (as defined below) anytime, anywhere. Founded in 2012 and headquartered in New York City, we offer a breadth of fitness and wellness solutions to consumers worldwide, including our highly engaged community of approximately 5.5 million Members as of June 30, 2026, across the United States, United Kingdom, Canada, Germany, Australia, and Austria, and Commercial Business Unit customers in over 60 countries. As a category innovator at the nexus of fitness, wellness, technology, and media, we deliver integrated experiences through our world-renowned instructors (“Instructors”), premium hardware and innovative software, personalization, and extensive modalities and an expansive content library.

We define a “Member” as any individual who has a Peloton account through a Paid Connected Fitness Subscription or a Paid App Subscription, inclusive of the Peloton App+, App One, Strength+, and Breathwrk Memberships (our “Peloton Apps”), and engages in one or more workouts in the trailing 12-month period. We define workout engagement as either (i) completing the lesser of 50% or 10 minutes of Instructor-led classes, Scenic (guided, time, and distance-based routes filmed in locations around the world), and Lanebreak workouts (our game-inspired workout experience); (ii) at least 10 minutes of any activity tracking workout (such as “Just Ride”, “Just Run”, or “Just Row”), or Peloton Entertainment workout (video streaming); (iii) at least 5 minutes of any Strength+ workout with 80% of sets marked complete; or (iv) at least 10 minutes of any Breathwrk class.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$4.0B$3.6B$2.8B$2.7B$2.5B$2.4B
Net income-$189.0M-$2.8B-$1.3B-$551.9M-$118.9M$63.2M
Free cash flow-$480.7M-$2.4B-$470.0M-$85.8M$323.7M$377.7M

More on PTON.

Figures from Peloton Interactive, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.