Peloton Interactive (PTON) Financials

$5.69 +0.03 (+0.53%)

Closing price 05/8/2026 04:00 PM Eastern

Extended Trading

$5.68 -0.01 (-0.18%)

As of 05/8/2026 07:59 PM Eastern

Annual Income Statements for Peloton Interactive

This table shows Peloton Interactive's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-48	-196	-72	-189	-2,828	-1,262	-552	-119
Consolidated Net Income / (Loss)	-48	-196	-72	-189	-2,828	-1,262	-552	-119
Net Income / (Loss) Continuing Operations	-48	-196	-72	-189	-2,828	-1,262	-552	-119
Total Pre-Tax Income	-48	-196	-68	-198	-2,808	-1,258	-552	-116
Total Operating Income	-48	-202	-81	-188	-2,734	-1,197	-529	-36
Total Gross Profit	190	384	838	1,454	698	924	1,207	1,268
Total Revenue	435	915	1,826	4,022	3,582	2,800	2,701	2,491
Operating Revenue	435	915	1,826	4,022	3,582	2,800	2,701	2,491
Total Cost of Revenue	245	531	988	2,567	2,884	1,877	1,494	1,223
Operating Cost of Revenue	245	531	988	2,567	2,884	1,877	1,494	1,223
Total Operating Expenses	237	586	918	1,642	3,433	2,121	1,736	1,305
Selling, General & Admin Expense	62	207	351	662	963	798	651	527
Marketing Expense	151	324	477	728	1,019	648	659	422
Research & Development Expense	23	55	89	248	360	318	305	234
Other Operating Expenses / (Income)	-	-	0.00	0.00	338	22	-2.60	24
Impairment Charge	-	-	1.20	4.50	572	145	57	64
Restructuring Charge	-	-	0.00	0.00	181	189	66	34
Total Other Income / (Expense), net	-0.30	6.70	12	-10	-74	-61	-23	-79
Interest Expense	-	1.70	2.00	15	43	97	59	135
Interest & Investment Income	-0.30	8.70	18	7.90	2.30	26	35	33
Other Income / (Expense), net	0.00	-0.30	-3.90	-3.40	-33	9.90	0.70	23
Income Tax Expense	0.10	0.10	3.30	-9.20	20	3.70	-0.20	3.40
Basic Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)
Weighted Average Basic Shares Outstanding	21.93M	22.91M	220.95M	293.89M	322.37M	346.67M	365.55M	390.04M
Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)
Weighted Average Diluted Shares Outstanding	21.93M	22.91M	220.95M	293.89M	322.37M	346.67M	365.55M	390.04M
Weighted Average Basic & Diluted Shares Outstanding	21.93M	22.91M	67.74M	300.50M	338.43M	357.01M	376.42M	407.76M

This table shows Peloton Interactive's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-159	-195	-167	-30	-0.90	-92	-48	22	14	-39	26
Consolidated Net Income / (Loss)	-159	-195	-167	-30	-0.90	-92	-48	22	14	-39	26
Net Income / (Loss) Continuing Operations	-159	-195	-167	-30	-0.90	-92	-48	22	14	-39	27
Total Pre-Tax Income	-159	-197	-167	-30	0.00	-91	-47	23	15	-39	27
Total Operating Income	-132	-187	-146	-63	13	-46	-32	30	41	-14	53
Total Gross Profit	285	299	310	312	304	318	318	328	284	331	327
Total Revenue	596	744	718	644	586	674	624	607	551	657	631
Operating Revenue	596	744	718	644	586	674	624	607	551	657	631
Total Cost of Revenue	310	444	408	332	282	356	306	279	267	325	304
Operating Cost of Revenue	310	444	408	332	282	356	306	279	267	325	304
Total Operating Expenses	418	487	456	376	291	364	351	298	242	346	275
Selling, General & Admin Expense	151	161	153	186	120	131	151	125	101	103	110
Marketing Expense	146	230	170	112	82	153	107	81	67	152	98
Research & Development Expense	79	80	77	69	59	60	60	56	62	65	59
Other Operating Expenses / (Income)	0.00	-1.50	-0.90	-0.20	24	0.00	0.00	-	0.00	0.00	0.00
Impairment Charge	24	3.60	19	11	4.90	17	31	12	8.30	23	3.40
Restructuring Charge	18	13	38	-2.70	2.90	3.30	2.40	25	4.40	2.70	4.10
Total Other Income / (Expense), net	-26	-9.60	-21	33	-13	-45	-15	-7.00	-27	-25	-26
Interest Expense	27	28	28	-24	35	35	33	32	32	32	30
Interest & Investment Income	8.40	8.40	9.30	9.00	8.10	7.70	7.90	9.00	9.80	9.20	8.70
Other Income / (Expense), net	-7.50	9.70	-2.10	0.60	15	-18	10	16	-4.10	-2.30	-4.30
Income Tax Expense	0.80	-1.70	0.60	0.10	0.80	0.70	0.80	1.10	0.70	-0.20	0.40
Basic Earnings per Share	($0.44)	($0.54)	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06
Weighted Average Basic Shares Outstanding	358.55M	362.33M	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	413.11M	421.31M	428.91M
Diluted Earnings per Share	($0.44)	($0.54)	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06
Weighted Average Diluted Shares Outstanding	358.55M	362.33M	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	430.00M	421.31M	512.26M
Weighted Average Basic & Diluted Shares Outstanding	360.45M	366.87M	370.81M	376.42M	381.46M	389.96M	398.56M	407.76M	417.81M	425.49M	432.99M

This table details how cash moves in and out of Peloton Interactive's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Net Change in Cash & Equivalents	-3.90	11	874	99	122	-372	-135	335
Net Cash From Operating Activities	50	-109	376	-240	-2,020	-388	-66	333
Net Cash From Continuing Operating Activities	50	-109	378	-240	-2,020	-388	-66	333
Net Income / (Loss) Continuing Operations	-48	-196	-72	-189	-2,828	-1,262	-552	-119
Consolidated Net Income / (Loss)	-48	-196	-72	-189	-2,828	-1,262	-552	-119
Depreciation Expense	6.60	22	40	64	143	124	109	90
Amortization Expense	-	-1.90	2.00	23	39	14	14	9.10
Non-Cash Adjustments To Reconcile Net Income	9.50	90	117	255	969	532	377	244
Changes in Operating Assets and Liabilities, net	82	-23	290	-393	-343	204	-14	110
Net Cash From Investing Activities	-57	-298	-741	-585	153	-70	27	-5.10
Net Cash From Continuing Investing Activities	-57	-298	-741	-585	153	-70	27	-5.10
Purchase of Property, Plant & Equipment	-28	-84	-157	-252	-337	-82	-20	-9.30
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	32	4.20
Divestitures	-	-	-	0.00	0.00	12	15	0.00
Net Cash From Financing Activities	3.10	417	1,240	917	2,015	77	-94	1.70
Net Cash From Continuing Financing Activities	3.10	417	1,240	917	2,015	77	-94	1.70
Repayment of Debt	-4.30	-0.90	0.00	-0.80	-1.70	-9.80	-1,468	-10
Issuance of Debt	-	0.00	0.00	977	696	0.00	1,329	0.00
Issuance of Common Equity	0.00	0.00	1,203	18	1,236	6.90	3.10	4.10
Other Financing Activities, net	7.40	9.30	37	-78	84	80	41	7.70
Effect of Exchange Rate Changes	0.00	0.20	-1.20	6.70	-27	8.60	-1.00	5.30
Cash Interest Paid	0.30	1.10	1.90	1.30	1.00	79	96	127
Cash Income Taxes Paid	0.00	0.00	4.10	3.50	15	15	0.00	2.60

This table details how cash moves in and out of Peloton Interactive's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-76	-12	51	-98	21	105	85	124	64	74	-51
Net Cash From Operating Activities	-79	-31	12	33	13	107	97	117	72	72	153
Net Cash From Continuing Operating Activities	-79	-31	11	33	13	107	97	117	72	72	153
Net Income / (Loss) Continuing Operations	-159	-195	-167	-31	-0.90	-92	-48	22	14	-39	26
Consolidated Net Income / (Loss)	-159	-195	-167	-31	-0.90	-92	-48	22	14	-39	26
Depreciation Expense	31	25	27	26	25	23	21	21	17	15	14
Amortization Expense	3.50	3.50	3.50	3.70	2.10	2.30	2.40	2.30	2.40	2.40	2.30
Non-Cash Adjustments To Reconcile Net Income	99	61	85	132	30	68	143	-20	53	74	113
Changes in Operating Assets and Liabilities, net	-53	74	63	-98	-44	105	-23	93	-14	19	-2.00
Net Cash From Investing Activities	-4.10	8.70	29	-6.70	2.40	-0.70	-2.10	-4.70	-6.70	-0.90	-2.20
Net Cash From Continuing Investing Activities	-4.10	8.70	29	-6.70	2.40	-0.70	-2.10	-4.70	-6.70	-0.90	-2.20
Purchase of Property, Plant & Equipment	-4.10	-5.90	-3.00	-6.70	-1.80	-0.70	-2.10	-4.70	-4.50	-0.90	-2.20
Net Cash From Financing Activities	8.20	8.60	12	-123	4.80	-0.80	-1.90	-0.40	-1.70	-0.90	-201
Net Cash From Continuing Financing Activities	8.20	8.50	12	-123	4.70	-0.70	-1.90	-0.40	-1.70	-0.90	-201
Repayment of Debt	-2.30	-2.00	-1.80	-1,462	-2.50	-2.50	-2.60	-2.50	-2.50	-2.60	-2.70
Issuance of Common Equity	0.00	1.90	0.10	1.10	0.70	1.20	0.80	1.40	0.70	1.50	0.20
Other Financing Activities, net	11	8.60	14	8.10	6.50	0.60	-0.10	0.70	0.10	0.20	-199
Effect of Exchange Rate Changes	-0.50	2.20	-2.20	-0.50	1.50	-0.30	-7.70	12	0.30	3.50	-0.60
Cash Interest Paid	24	24	24	24	39	37	17	34	33	34	23
Cash Income Taxes Paid	1.20	0.70	-2.90	1.00	1.10	2.00	0.90	-1.40	3.20	1.70	-0.60

This table presents Peloton Interactive's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Total Assets	865	2,982	4,486	4,029	2,769	2,185	2,125
Total Current Assets	582	2,159	2,818	2,635	1,639	1,266	1,438
Cash & Equivalents	162	1,036	1,135	1,254	814	698	1,040
Accounts Receivable	19	35	71	84	97	104	101
Inventories, net	137	245	937	1,105	523	330	206
Prepaid Expenses	48	125	203	193	205	135	91
Plant, Property, & Equipment, net	250	242	592	611	445	354	239
Total Noncurrent Assets	33	581	1,076	783	685	565	449
Goodwill	4.30	39	210	41	41	41	41
Intangible Assets	20	16	248	41	26	15	5.60
Other Noncurrent Operating Assets	9.30	526	618	701	618	509	402
Total Liabilities & Shareholders' Equity	865	2,982	4,486	4,029	2,769	2,185	2,125
Total Liabilities	462	1,304	2,732	3,436	3,064	2,704	2,539
Total Current Liabilities	291	772	1,243	1,106	761	685	804
Short-Term Debt	-	-	0.00	7.50	7.50	10	209
Accounts Payable	92	362	989	797	478	432	373
Current Deferred Revenue	91	364	165	201	187	164	151
Other Current Liabilities	3.30	47	89	100	88	79	72
Total Noncurrent Liabilities	171	532	1,489	2,330	2,303	2,019	1,735
Long-Term Debt	-	-	830	1,554	1,679	1,490	1,291
Other Noncurrent Operating Liabilities	148	532	659	776	624	529	445
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-539	1,678	1,754	593	-295	-519	-414
Total Preferred & Common Equity	-539	1,678	1,754	593	-295	-519	-414
Total Common Equity	-539	1,678	1,754	593	-295	-519	-414
Common Stock	91	2,362	2,619	4,291	4,620	4,949	5,184
Retained Earnings	-630	-694	-883	-3,711	-4,932	-5,484	-5,603
Accumulated Other Comprehensive Income / (Loss)	0.20	10	18	12	17	16	5.10

This table presents Peloton Interactive's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	12/31/2022	3/31/2023	9/30/2023	12/31/2023	3/31/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Total Assets	3,301	3,016	2,673	2,569	2,409	2,157	2,110	2,065	2,170	2,165	2,017
Total Current Assets	2,058	1,818	1,588	1,527	1,421	1,285	1,308	1,340	1,512	1,556	1,439
Cash & Equivalents	871	874	749	738	795	722	829	914	1,104	1,180	1,126
Accounts Receivable	125	108	100	141	102	102	97	94	70	95	79
Inventories, net	791	626	515	427	354	333	258	214	238	215	176
Prepaid Expenses	272	210	225	221	170	128	124	119	100	67	58
Plant, Property, & Equipment, net	486	479	420	399	384	331	295	258	219	192	176
Total Noncurrent Assets	757	720	665	644	603	542	507	467	439	417	403
Goodwill	41	41	41	41	41	41	41	41	44	44	44
Intangible Assets	33	29	23	20	18	12	10	7.80	3.40	1.10	0.20
Other Noncurrent Operating Assets	683	650	601	583	545	488	456	418	391	372	359
Total Liabilities & Shareholders' Equity	3,301	3,016	2,673	2,569	2,409	2,157	2,110	2,065	2,170	2,165	2,017
Total Liabilities	3,271	3,143	3,044	3,069	2,999	2,637	2,607	2,556	2,517	2,491	2,259
Total Current Liabilities	903	813	750	793	746	640	635	812	795	785	578
Short-Term Debt	7.50	7.50	7.50	7.50	7.50	10	10	208	209	209	10
Accounts Payable	592	515	486	513	475	400	391	376	377	350	351
Current Deferred Revenue	211	201	174	189	182	155	160	156	141	156	151
Other Current Liabilities	93	90	83	84	81	76	75	72	69	71	66
Total Noncurrent Liabilities	2,367	2,330	2,294	2,275	2,253	1,997	1,972	1,744	1,722	1,707	1,681
Long-Term Debt	1,676	1,678	1,680	1,682	1,684	1,490	1,489	1,291	1,290	1,290	1,289
Other Noncurrent Operating Liabilities	691	653	613	593	570	508	483	454	432	417	392
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	31	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242
Total Preferred & Common Equity	31	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242
Total Common Equity	31	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242
Common Stock	4,423	4,543	4,701	4,767	4,845	4,998	5,060	5,130	5,233	5,289	5,344
Retained Earnings	-4,414	-4,690	-5,091	-5,286	-5,453	-5,485	-5,577	-5,624	-5,589	-5,627	-5,601
Accumulated Other Comprehensive Income / (Loss)	21	20	19	20	17	6.00	19	3.20	8.40	12	15

This table displays calculated financial ratios and metrics derived from Peloton Interactive's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	110.34%	99.55%	120.26%	-10.93%	-21.83%	-3.56%	-7.77%
EBITDA Growth	0.00%	-346.94%	76.81%	-147.17%	-2,367.37%	59.42%	61.37%	121.00%
EBIT Growth	0.00%	-326.53%	58.24%	-126.00%	-1,347.33%	57.10%	55.50%	97.41%
NOPAT Growth	0.00%	-325.89%	60.11%	-132.71%	-1,355.80%	56.21%	55.81%	93.16%
Net Income Growth	0.00%	-308.35%	63.39%	-163.97%	-1,396.14%	55.38%	56.26%	78.46%
EPS Growth	0.00%	-391.74%	97.01%	-100.00%	-1,270.31%	58.49%	58.52%	80.13%
Operating Cash Flow Growth	0.00%	-318.51%	446.59%	-163.68%	-742.72%	80.81%	82.95%	603.78%
Free Cash Flow Firm Growth	0.00%	0.00%	127.01%	-2,745.97%	-54.93%	71.96%	85.23%	379.05%
Invested Capital Growth	0.00%	0.00%	-416.87%	1,369.09%	-7.86%	-35.86%	-50.94%	-83.90%
Revenue Q/Q Growth	0.00%	0.00%	26.61%	-27.07%	77.55%	-1.29%	0.06%	-1.46%
EBITDA Q/Q Growth	0.00%	0.00%	77.48%	-139.38%	-53.94%	48.54%	27.63%	603.55%
EBIT Q/Q Growth	0.00%	0.00%	62.10%	-193.13%	-49.85%	45.84%	23.25%	88.77%
NOPAT Q/Q Growth	0.00%	0.00%	63.33%	-162.27%	-49.97%	45.19%	23.49%	71.98%
Net Income Q/Q Growth	0.00%	0.00%	65.61%	-188.52%	-49.95%	44.54%	27.71%	30.47%
EPS Q/Q Growth	0.00%	0.00%	91.21%	-137.21%	-48.64%	46.71%	28.10%	31.82%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	2,237.89%	-134.91%	11.28%	42.53%	57.13%	33.95%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-813.29%	36.11%	-6.34%	28.06%	73.70%
Invested Capital Q/Q Growth	0.00%	0.00%	-190.91%	654.01%	-47.92%	-15.61%	-7.45%	-51.18%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	43.59%	41.92%	45.88%	36.16%	19.50%	32.98%	44.68%	50.92%
EBITDA Margin	-9.40%	-19.98%	-2.32%	-2.61%	-72.19%	-37.47%	-15.01%	3.42%
Operating Margin	-10.92%	-22.11%	-4.42%	-4.67%	-76.32%	-42.75%	-19.59%	-1.45%
EBIT Margin	-10.92%	-22.14%	-4.63%	-4.75%	-77.25%	-42.40%	-19.56%	-0.55%
Profit (Net Income) Margin	-11.01%	-21.38%	-3.92%	-4.70%	-78.94%	-45.06%	-20.44%	-4.77%
Tax Burden Percent	100.21%	100.00%	104.68%	95.36%	100.70%	100.29%	99.96%	102.85%
Interest Burden Percent	100.63%	96.54%	80.85%	103.66%	101.47%	105.96%	104.51%	843.80%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-1,165.51%	0.00%	-29.21%	-203.86%	-113.40%	-86.04%	-15.41%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-1,136.96%	0.00%	-24.66%	185.53%	-185.21%	-107.72%	-30.24%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1,068.32%	0.00%	18.19%	-37.11%	-733.95%	221.60%	40.90%
Return on Equity (ROE)	0.00%	-97.19%	-6.88%	-11.01%	-240.96%	-847.35%	135.57%	25.49%
Cash Return on Invested Capital (CROIC)	0.00%	-1,365.51%	0.00%	-121.33%	-195.68%	-69.70%	-17.68%	129.13%
Operating Return on Assets (OROA)	0.00%	-23.44%	-4.40%	-5.12%	-65.01%	-34.93%	-21.33%	-0.64%
Return on Assets (ROA)	0.00%	-22.63%	-3.72%	-5.06%	-66.42%	-37.12%	-22.28%	-5.52%
Return on Common Equity (ROCE)	0.00%	130.06%	-3.77%	-11.01%	-240.96%	-847.06%	135.60%	25.49%
Return on Equity Simple (ROE_SIMPLE)	0.00%	36.32%	-4.27%	-10.77%	-476.93%	427.55%	106.32%	0.00%
Net Operating Profit after Tax (NOPAT)	-33	-142	-56	-131	-1,914	-838	-370	-25
NOPAT Margin	-7.64%	-15.48%	-3.09%	-3.27%	-53.43%	-29.93%	-13.71%	-1.02%
Net Nonoperating Expense Percent (NNEP)	0.00%	-28.55%	-1.42%	-4.55%	-389.39%	71.81%	21.68%	14.83%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-2.34%
Cost of Revenue to Revenue	56.41%	58.08%	54.12%	63.84%	80.51%	67.02%	55.32%	49.08%
SG&A Expenses to Revenue	14.34%	22.62%	19.25%	16.46%	26.89%	28.50%	24.11%	21.17%
R&D to Revenue	5.38%	5.99%	4.88%	6.16%	10.04%	11.37%	11.29%	9.40%
Operating Expenses to Revenue	54.53%	64.02%	50.30%	40.83%	95.82%	75.73%	64.27%	52.37%
Earnings before Interest and Taxes (EBIT)	-48	-203	-85	-191	-2,767	-1,187	-528	-14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-41	-183	-42	-105	-2,586	-1,049	-405	85
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	9.75	21.09	5.22	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	10.08	28.54	6.07	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.67	1.27	8.96	9.20	0.86	0.97	0.46	1.11
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	70.91	0.00	37.06	3.78	6.23	7.26	70.73
Enterprise Value to Revenue (EV/Rev)	0.00	1.88	8.00	9.01	0.95	1.28	0.76	1.30
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	37.90
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	38.81	0.00	0.00	0.00	0.00	9.69
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	325.98	0.00	0.00	0.00	0.00	15.19
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.47	2.63	-5.71	-2.89	-3.62
Long-Term Debt to Equity	0.00	0.00	0.00	0.47	2.62	-5.69	-2.87	-3.12
Financial Leverage	0.00	-0.94	-1.03	-0.74	-0.20	3.96	-2.06	-1.35
Leverage Ratio	0.00	2.15	1.85	2.18	3.63	22.83	-6.08	-4.62
Compound Leverage Factor	0.00	2.07	1.49	2.26	3.68	24.19	-6.36	-38.99
Debt to Total Capital	0.00%	0.00%	0.00%	32.11%	72.48%	121.21%	152.92%	138.13%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.35%	0.54%	1.02%	19.21%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	32.11%	72.13%	120.67%	151.90%	118.92%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	233.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-133.81%	100.00%	67.89%	27.52%	-21.22%	-52.93%	-38.12%
Debt to EBITDA	0.00	0.00	0.00	-7.92	-0.60	-1.61	-3.70	17.61
Net Debt to EBITDA	0.00	0.00	0.00	7.41	-0.12	-0.83	-1.98	5.40
Long-Term Debt to EBITDA	0.00	0.00	0.00	-7.92	-0.60	-1.60	-3.68	15.16
Debt to NOPAT	0.00	0.00	0.00	-6.31	-0.82	-2.01	-4.05	-59.16
Net Debt to NOPAT	0.00	0.00	0.00	5.91	-0.16	-1.04	-2.17	-18.13
Long-Term Debt to NOPAT	0.00	0.00	0.00	-6.31	-0.81	-2.00	-4.02	-50.93
Altman Z-Score	0.00	1.18	8.28	9.03	-1.67	-1.98	-2.48	-1.53
Noncontrolling Interest Sharing Ratio	0.00%	233.81%	45.23%	0.00%	0.00%	0.03%	-0.02%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.00	2.80	2.27	2.38	2.15	1.85	1.79
Quick Ratio	0.00	1.36	2.32	1.35	1.21	1.20	1.17	1.42
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-166	45	-1,186	-1,837	-515	-76	212
Operating Cash Flow to CapEx	177.50%	-129.90%	240.51%	-95.01%	-598.87%	-470.39%	0.00%	6,529.41%
Free Cash Flow to Firm to Interest Expense	0.00	-97.59	22.41	-80.11	-42.72	-5.30	-1.29	1.58
Operating Cash Flow to Interest Expense	0.00	-63.88	188.20	-16.20	-46.98	-3.99	-1.12	2.48
Operating Cash Flow Less CapEx to Interest Expense	0.00	-113.06	109.95	-33.24	-54.82	-4.84	-0.92	2.44
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.06	0.95	1.08	0.84	0.82	1.09	1.16
Accounts Receivable Turnover	0.00	49.46	68.77	75.88	46.22	30.98	26.90	24.32
Inventory Turnover	0.00	3.89	5.19	4.35	2.83	2.31	3.51	4.57
Fixed Asset Turnover	0.00	3.66	7.42	9.64	5.96	5.30	6.76	8.40
Accounts Payable Turnover	0.00	5.76	4.35	3.80	3.23	2.94	3.28	3.04
Days Sales Outstanding (DSO)	0.00	7.38	5.31	4.81	7.90	11.78	13.57	15.01
Days Inventory Outstanding (DIO)	0.00	93.83	70.38	83.99	129.20	158.23	104.11	79.91
Days Payable Outstanding (DPO)	0.00	63.33	83.83	96.02	113.06	124.07	111.25	120.17
Cash Conversion Cycle (CCC)	0.00	37.88	-8.14	-7.22	24.04	45.95	6.44	-25.26
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	24	-77	977	900	578	283	46
Invested Capital Turnover	0.00	75.31	-69.29	8.94	3.82	3.79	6.27	15.15
Increase / (Decrease) in Invested Capital	0.00	24	-101	1,054	-77	-323	-294	-238
Enterprise Value (EV)	0.00	1,723	14,607	36,217	3,405	3,597	2,056	3,226
Market Capitalization	1,160	1,160	16,362	36,994	3,097	2,725	1,253	2,766
Book Value per Share	$0.00	($23.51)	$5.92	$5.88	$1.76	($0.83)	($1.40)	($1.04)
Tangible Book Value per Share	$0.00	($24.55)	$5.73	$4.35	$1.51	($1.02)	($1.55)	($1.16)
Total Capital	0.00	403	1,678	2,584	2,154	1,391	981	1,085
Total Debt	0.00	0.00	0.00	830	1,562	1,686	1,500	1,499
Total Long-Term Debt	0.00	0.00	0.00	830	1,554	1,679	1,490	1,291
Net Debt	0.00	-378	-1,755	-777	308	873	803	460
Capital Expenditures (CapEx)	28	84	157	252	337	82	-12	5.10
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-87	-369	-32	283	71	-107	-197
Debt-free Net Working Capital (DFNWC)	0.00	291	1,386	1,575	1,537	885	591	842
Net Working Capital (NWC)	0.00	291	1,386	1,575	1,529	878	581	634
Net Nonoperating Expense (NNE)	15	54	15	58	914	424	182	94
Net Nonoperating Obligations (NNO)	0.00	-378	-1,755	-777	308	873	802	459
Total Depreciation and Amortization (D&A)	6.60	20	42	86	182	138	123	99
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-9.53%	-20.19%	-0.79%	7.89%	2.55%	-3.95%	-7.92%
Debt-free Net Working Capital to Revenue	0.00%	31.79%	75.93%	39.16%	42.90%	31.61%	21.88%	33.81%
Net Working Capital to Revenue	0.00%	31.79%	75.93%	39.16%	42.69%	31.34%	21.51%	25.44%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)
Adjusted Weighted Average Basic Shares Outstanding	21.93M	22.91M	288.69M	293.89M	322.37M	346.67M	365.55M	390.04M
Adjusted Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)
Adjusted Weighted Average Diluted Shares Outstanding	21.93M	22.91M	288.69M	293.89M	322.37M	346.67M	365.55M	390.04M
Adjusted Basic & Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	21.93M	22.91M	220.95M	300.50M	338.43M	357.01M	376.42M	407.76M
Normalized Net Operating Profit after Tax (NOPAT)	-33	-142	-56	-128	-1,387	-604	-284	43
Normalized NOPAT Margin	-7.64%	-15.48%	-3.05%	-3.19%	-38.71%	-21.58%	-10.51%	1.73%
Pre Tax Income Margin	-10.99%	-21.38%	-3.75%	-4.93%	-78.39%	-44.93%	-20.44%	-4.64%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-119.18	-42.30	-12.92	-64.36	-12.23	-8.97	-0.10
NOPAT to Interest Expense	0.00	-83.30	-28.25	-8.88	-44.51	-8.63	-6.29	-0.19
EBIT Less CapEx to Interest Expense	0.00	-168.35	-120.55	-29.97	-72.20	-13.08	-8.76	-0.14
NOPAT Less CapEx to Interest Expense	0.00	-132.48	-106.50	-25.93	-52.35	-9.48	-6.08	-0.23
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-66.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Peloton Interactive's official financial filings.

Metric	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	425,489,090.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	425,489,090.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.06
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.41%	-6.19%	-4.17%	0.25%	-1.60%	-9.37%	-13.06%	-5.72%	-6.01%	-2.58%	1.11%
EBITDA Growth	70.58%	47.18%	46.74%	82.29%	151.28%	73.72%	101.19%	306.31%	4.25%	102.81%	4,478.57%
EBIT Growth	64.23%	44.06%	42.18%	71.81%	119.46%	63.81%	85.03%	172.45%	36.76%	74.14%	317.12%
NOPAT Growth	64.63%	43.53%	45.04%	71.92%	109.45%	75.47%	77.84%	163.44%	349.37%	68.85%	328.04%
Net Income Growth	61.00%	41.89%	39.36%	87.43%	99.44%	52.80%	71.49%	171.38%	1,644.44%	57.83%	155.35%
EPS Growth	63.33%	44.90%	43.04%	88.06%	100.00%	55.56%	73.33%	175.00%	0.00%	62.50%	150.00%
Operating Cash Flow Growth	60.95%	64.75%	128.36%	159.03%	115.78%	441.99%	733.62%	258.10%	475.20%	-32.61%	57.91%
Free Cash Flow Firm Growth	117.24%	-51.33%	-67.86%	51.55%	-17.94%	-4.72%	-31.12%	6.42%	2.85%	-31.03%	12.47%
Invested Capital Growth	-43.30%	-46.34%	-55.27%	-50.94%	-47.75%	-61.79%	-69.49%	-83.90%	-83.77%	-104.51%	-173.45%
Revenue Q/Q Growth	-7.26%	24.87%	-3.48%	-10.31%	-8.96%	15.00%	-7.40%	-2.74%	-9.24%	19.19%	-3.90%
EBITDA Q/Q Growth	43.88%	-41.04%	20.90%	71.71%	262.46%	-172.27%	103.58%	4,807.14%	-17.90%	-98.05%	5,727.27%
EBIT Q/Q Growth	37.25%	-26.90%	16.40%	57.65%	143.31%	-336.03%	65.42%	304.96%	-18.24%	-144.62%	390.36%
NOPAT Q/Q Growth	41.41%	-41.42%	21.86%	56.63%	119.72%	-467.20%	29.41%	224.13%	39.67%	-125.46%	616.68%
Net Income Q/Q Growth	34.15%	-22.35%	14.16%	81.83%	97.04%	-10,122.22%	48.15%	145.49%	-35.94%	-379.14%	168.04%
EPS Q/Q Growth	34.33%	-22.73%	16.67%	82.22%	100.00%	0.00%	50.00%	150.00%	-50.00%	-400.00%	166.67%
Operating Cash Flow Q/Q Growth	-42.96%	60.61%	137.18%	181.90%	-61.77%	753.60%	-9.37%	21.10%	-38.60%	0.00%	112.38%
Free Cash Flow Firm Q/Q Growth	107.04%	-23.90%	6.21%	-9.44%	12.10%	-11.63%	-23.21%	39.91%	8.34%	-40.74%	25.21%
Invested Capital Q/Q Growth	-1.61%	-20.36%	-32.35%	-7.45%	4.80%	-41.76%	-45.98%	-51.18%	5.70%	-116.18%	-779.49%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	47.93%	40.26%	43.15%	48.47%	51.84%	47.25%	50.98%	54.05%	51.51%	50.46%	51.88%
EBITDA Margin	-17.72%	-20.01%	-16.40%	-5.17%	9.23%	-5.80%	0.22%	11.32%	10.24%	0.17%	10.16%
Operating Margin	-22.22%	-25.16%	-20.37%	-9.85%	2.13%	-6.81%	-5.19%	4.88%	7.50%	-2.18%	8.32%
EBIT Margin	-23.48%	-23.86%	-20.66%	-9.76%	4.64%	-9.53%	-3.56%	7.50%	6.75%	-2.53%	7.64%
Profit (Net Income) Margin	-26.75%	-26.21%	-23.31%	-4.72%	-0.15%	-13.65%	-7.64%	3.58%	2.52%	-5.91%	4.18%
Tax Burden Percent	100.50%	99.14%	100.36%	100.33%	0.00%	100.88%	101.71%	96.44%	95.21%	99.49%	98.14%
Interest Burden Percent	113.38%	110.82%	112.41%	48.25%	0.00%	142.06%	211.26%	49.45%	39.25%	234.94%	55.81%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.89%	4.79%	0.00%	1.49%
Return on Invested Capital (ROIC)	-55.05%	-74.22%	-77.72%	-43.26%	9.29%	-39.97%	-45.99%	70.26%	101.59%	-45.04%	1,616.47%
ROIC Less NNEP Spread (ROIC-NNEP)	-62.97%	-81.47%	-85.32%	-41.59%	8.16%	-47.35%	-49.37%	69.24%	97.26%	-50.86%	1,609.79%
Return on Net Nonoperating Assets (RNNOA)	942.77%	306.64%	203.12%	85.56%	-16.46%	77.07%	67.60%	-93.65%	-137.83%	61.05%	-1,664.24%
Return on Equity (ROE)	887.72%	232.42%	125.40%	42.30%	-7.17%	37.10%	21.61%	-23.39%	-36.23%	16.01%	-47.77%
Cash Return on Invested Capital (CROIC)	-29.92%	-27.34%	-21.36%	-17.68%	0.55%	35.02%	61.21%	129.13%	141.13%	0.00%	0.00%
Operating Return on Assets (OROA)	-20.83%	-22.19%	-20.56%	-10.64%	5.17%	-10.67%	-4.02%	8.66%	7.67%	-2.88%	9.15%
Return on Assets (ROA)	-23.73%	-24.38%	-23.19%	-5.15%	-0.17%	-15.30%	-8.64%	4.13%	2.86%	-6.74%	5.01%
Return on Common Equity (ROCE)	887.72%	232.42%	125.42%	42.31%	-7.17%	37.10%	21.61%	-23.39%	-36.24%	16.01%	-47.77%
Return on Equity Simple (ROE_SIMPLE)	272.98%	174.64%	129.30%	0.00%	81.93%	58.45%	34.81%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-93	-131	-102	-44	8.75	-32	-23	28	39	-10	52
NOPAT Margin	-15.55%	-17.61%	-14.26%	-6.89%	1.49%	-4.77%	-3.63%	4.64%	7.14%	-1.52%	8.20%
Net Nonoperating Expense Percent (NNEP)	7.93%	7.25%	7.61%	-1.67%	1.12%	7.38%	3.38%	1.02%	4.34%	5.82%	6.68%
Return On Investment Capital (ROIC_SIMPLE)	-	-11.01%	-	-	-	-3.21%	-2.25%	2.59%	3.41%	-0.85%	4.89%
Cost of Revenue to Revenue	52.07%	59.74%	56.85%	51.53%	48.16%	52.77%	49.04%	45.92%	48.49%	49.54%	48.14%
SG&A Expenses to Revenue	25.37%	21.62%	21.32%	28.91%	20.39%	19.48%	24.26%	20.61%	18.30%	15.67%	17.50%
R&D to Revenue	13.22%	10.75%	10.70%	10.78%	9.98%	8.95%	9.55%	9.19%	11.27%	9.90%	9.32%
Operating Expenses to Revenue	70.13%	65.43%	63.51%	58.35%	49.69%	54.06%	56.19%	49.17%	44.01%	52.66%	43.56%
Earnings before Interest and Taxes (EBIT)	-140	-177	-148	-63	27	-64	-22	46	37	-17	48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-106	-149	-118	-33	54	-39	1.40	69	56	1.10	64
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.65	0.80	0.58	0.46	0.65	1.27	0.98	1.11	1.49	1.06	0.75
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	78.68
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.27%
Enterprise Value to Invested Capital (EV/IC)	4.83	6.95	8.06	7.26	8.55	23.07	32.65	70.73	84.34	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.99	1.15	0.91	0.76	0.94	1.52	1.21	1.30	1.66	1.19	0.82
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	37.90	46.51	22.67	10.50
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	65.89	17.48
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	170.77	19.91
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	99.18	24.40	12.27	9.69	10.36	8.09	4.83
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	1,075.82	36.43	24.94	15.19	16.69	14.64	7.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-4.55	-3.38	-2.86	-2.89	-3.12	-3.02	-3.05	-3.62	-4.32	-4.59	-5.37
Long-Term Debt to Equity	-4.53	-3.37	-2.85	-2.87	-3.10	-3.00	-2.63	-3.12	-3.72	-3.95	-5.33
Financial Leverage	-14.97	-3.76	-2.38	-2.06	-2.02	-1.63	-1.37	-1.35	-1.42	-1.20	-1.03
Leverage Ratio	-55.74	-12.52	-7.56	-6.08	-5.67	-4.70	-4.14	-4.62	-5.23	-5.19	-5.57
Compound Leverage Factor	-63.20	-13.88	-8.50	-2.94	0.00	-6.67	-8.74	-2.28	-2.05	-12.19	-3.11
Debt to Total Capital	128.16%	141.95%	153.64%	152.92%	147.12%	149.62%	148.75%	138.13%	130.13%	127.88%	122.87%
Short-Term Debt to Total Capital	0.57%	0.63%	0.68%	1.02%	0.98%	1.00%	20.66%	19.21%	18.12%	17.82%	0.95%
Long-Term Debt to Total Capital	127.60%	141.32%	152.96%	151.90%	146.14%	148.62%	128.09%	118.92%	112.01%	110.05%	121.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-28.16%	-41.95%	-53.64%	-52.93%	-47.13%	-49.62%	-48.75%	-38.12%	-30.14%	-27.88%	-22.87%
Debt to EBITDA	-2.12	-2.55	-3.02	-3.70	-6.10	-11.02	-88.70	17.61	17.15	11.75	6.83
Net Debt to EBITDA	-1.18	-1.43	-1.60	-1.98	-3.16	-4.93	-34.60	5.40	4.52	2.50	0.91
Long-Term Debt to EBITDA	-2.11	-2.54	-3.01	-3.68	-6.06	-10.95	-76.38	15.16	14.76	10.11	6.78
Debt to NOPAT	-2.52	-2.98	-3.49	-4.05	-5.58	-8.81	-16.58	-59.16	-289.32	88.47	12.95
Net Debt to NOPAT	-1.40	-1.68	-1.85	-2.17	-2.89	-3.94	-6.47	-18.13	-76.27	18.84	1.72
Long-Term Debt to NOPAT	-2.51	-2.96	-3.48	-4.02	-5.54	-8.76	-14.27	-50.93	-249.03	76.14	12.85
Altman Z-Score	-1.07	-1.27	-1.60	-1.78	-1.51	-1.41	-1.74	-1.44	-1.15	-1.49	-1.60
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	-0.01%	-0.02%	-0.01%	0.00%	0.00%	0.00%	-0.02%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.12	1.92	1.91	1.85	2.01	2.06	1.65	1.79	1.90	1.98	2.49
Quick Ratio	1.13	1.11	1.20	1.17	1.29	1.46	1.24	1.42	1.48	1.62	2.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	341	260	276	250	280	247	190	266	288	171	214
Operating Cash Flow to CapEx	-1,931.71%	-528.81%	386.67%	488.06%	0.00%	15,242.86%	4,604.76%	2,491.49%	1,597.78%	7,988.89%	6,940.91%
Free Cash Flow to Firm to Interest Expense	12.55	9.38	9.96	0.00	7.91	7.15	5.83	8.33	8.92	5.42	7.12
Operating Cash Flow to Interest Expense	-2.91	-1.13	0.42	0.00	0.35	3.08	2.97	3.67	2.23	2.28	5.09
Operating Cash Flow Less CapEx to Interest Expense	-3.06	-1.34	0.31	0.00	0.42	3.06	2.90	3.52	2.09	2.25	5.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.93	1.00	1.09	1.11	1.12	1.13	1.16	1.14	1.14	1.20
Accounts Receivable Turnover	30.59	20.52	25.70	26.90	26.70	22.05	25.88	24.32	28.52	25.48	28.40
Inventory Turnover	2.37	2.75	3.27	3.51	3.46	4.02	4.49	4.57	4.23	4.98	6.03
Fixed Asset Turnover	6.07	6.18	6.26	6.76	7.17	7.56	7.88	8.40	8.93	10.03	11.28
Accounts Payable Turnover	3.23	3.03	3.24	3.28	3.31	3.05	3.00	3.04	3.11	3.18	3.23
Days Sales Outstanding (DSO)	11.93	17.79	14.20	13.57	13.67	16.56	14.10	15.01	12.80	14.33	12.85
Days Inventory Outstanding (DIO)	153.94	132.76	111.56	104.11	105.55	90.75	81.26	79.91	86.31	73.29	60.48
Days Payable Outstanding (DPO)	113.10	120.44	112.66	111.25	110.20	119.73	121.70	120.17	117.43	114.76	112.95
Cash Conversion Cycle (CCC)	52.77	30.11	13.10	6.44	9.02	-12.42	-26.35	-25.26	-18.32	-27.14	-39.61
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	568	453	306	283	297	173	93	46	48	-7.80	-69
Invested Capital Turnover	3.54	4.21	5.45	6.27	6.22	8.38	12.65	15.15	14.23	29.54	197.19
Increase / (Decrease) in Invested Capital	-434	-391	-378	-294	-271	-280	-213	-238	-249	-181	-162
Enterprise Value (EV)	2,742	3,147	2,469	2,056	2,539	3,989	3,049	3,226	4,065	2,893	1,998
Market Capitalization	1,803	2,195	1,572	1,253	1,762	3,319	2,465	2,766	3,670	2,574	1,825
Book Value per Share	($1.04)	($1.39)	($1.61)	($1.40)	($1.28)	($1.30)	($1.26)	($1.04)	($0.85)	($0.78)	($0.57)
Tangible Book Value per Share	($1.22)	($1.56)	($1.77)	($1.55)	($1.42)	($1.44)	($1.39)	($1.16)	($0.97)	($0.89)	($0.67)
Total Capital	1,317	1,190	1,101	981	1,019	1,002	1,008	1,085	1,152	1,172	1,058
Total Debt	1,688	1,689	1,691	1,500	1,500	1,499	1,499	1,499	1,499	1,499	1,299
Total Long-Term Debt	1,680	1,682	1,684	1,490	1,490	1,489	1,291	1,291	1,290	1,290	1,289
Net Debt	939	952	897	803	777	670	585	460	395	319	173
Capital Expenditures (CapEx)	4.10	5.90	3.00	6.70	-2.40	0.70	2.10	4.70	4.50	0.90	2.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	97	3.00	-112	-107	-67	-146	-178	-197	-178	-199	-256
Debt-free Net Working Capital (DFNWC)	845	741	683	591	655	683	737	842	926	980	871
Net Working Capital (NWC)	838	733	676	581	645	673	529	634	717	771	861
Net Nonoperating Expense (NNE)	67	64	65	-14	9.65	60	25	6.45	25	29	25
Net Nonoperating Obligations (NNO)	939	952	897	802	777	670	585	459	395	319	173
Total Depreciation and Amortization (D&A)	34	29	31	30	27	25	24	23	19	18	16
Debt-free, Cash-free Net Working Capital to Revenue	3.47%	0.11%	-4.13%	-3.95%	-2.50%	-5.58%	-7.02%	-7.92%	-7.24%	-8.17%	-10.46%
Debt-free Net Working Capital to Revenue	30.40%	27.13%	25.31%	21.88%	24.34%	26.05%	29.15%	33.81%	37.70%	40.21%	35.61%
Net Working Capital to Revenue	30.13%	26.86%	25.03%	21.51%	23.97%	25.67%	20.91%	25.44%	29.20%	31.64%	35.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.44)	($0.54)	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06
Adjusted Weighted Average Basic Shares Outstanding	358.55M	362.33M	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	413.11M	421.31M	428.91M
Adjusted Diluted Earnings per Share	($0.44)	($0.54)	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	358.55M	362.33M	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	430.00M	421.31M	512.26M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	360.45M	366.87M	370.81M	376.42M	381.46M	389.96M	398.56M	407.76M	417.81M	425.49M	432.99M
Normalized Net Operating Profit after Tax (NOPAT)	-63	-119	-63	-39	14	-18	0.49	63	51	7.98	59
Normalized NOPAT Margin	-10.64%	-16.01%	-8.74%	-6.02%	2.42%	-2.69%	0.08%	10.44%	9.33%	1.22%	9.37%
Pre Tax Income Margin	-26.62%	-26.44%	-23.23%	-4.71%	0.00%	-13.53%	-7.52%	3.71%	2.65%	-5.94%	4.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-5.14	-6.40	-5.35	0.00	0.77	-1.86	-0.68	1.43	1.15	-0.53	1.61
NOPAT to Interest Expense	-3.40	-4.73	-3.69	0.00	0.25	-0.93	-0.70	0.88	1.22	-0.32	1.72
EBIT Less CapEx to Interest Expense	-5.29	-6.62	-5.46	0.00	0.84	-1.88	-0.75	1.28	1.01	-0.56	1.53
NOPAT Less CapEx to Interest Expense	-3.56	-4.94	-3.80	0.00	0.32	-0.95	-0.76	0.74	1.08	-0.35	1.65
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Peloton Interactive (PTON) has shown a cash-flow focus in recent years, with positive operating cash flow in the latest quarters even as many periods feature ongoing net losses and a leveraged balance sheet. Below are the key trends drawn from the last four fiscal years of quarterly statements (2023–2026), highlighting what may matter to retail investors.

Operating cash flow: Net cash from continuing operating activities has been positive in the most recent quarters, signaling cash generation despite reported losses. Examples include roughly 106.7M in Q2 2025, 96.5M in Q3 2025, 117.3M in Q4 2025, 71.9M in Q1 2026, and 71.8M in Q2 2026.
Cash position and liquidity: Cash & equivalents stood at about $1.18B in the latest quarter (Q2 2026), with total current assets around $1.56B and total current liabilities around $0.78B, implying a rough current ratio near 2x.
Near-term profitability signals: Q4 2025 posted a positive net income attributable to common shareholders (~$21.7M) and Basic EPS of about $0.06, indicating a potential near-term improvement in earnings quality for that quarter.
Debt posture and modest deleveraging: Long-term debt remains elevated but around $1.29B in the latest period (Q2 2026), with evidence of small repayments across recent quarters, suggesting some deleveraging momentum rather than new debt issuance.
Modest equity financing activity: There were small, supportive equity inflows in some quarters (e.g., Q2 2026 Issuance of Common Equity $1.5M; Q1 2026 $0.7M), helping to bolster cash resources without large dilutive impact.
Revenue volatility and scale: Operating revenue has fluctuated quarter to quarter and year to year. For example, Q2 2026 revenue was about $656.5M, but it has varied around the mid-$600s to low-$700s millions in other periods, suggesting ongoing demand and mix volatility.
Balance-sheet equity status: Total equity remained negative in the latest periods (e.g., approximately -$326.7M in Q2 2026), indicating a continued accumulated deficit despite cash-flow improvements.
Non-cash adjustments: Non-cash adjustments to reconcile net income were sizable in several quarters (often in the tens of millions), which can affect earnings quality and the comparison of cash flows to reported earnings.
Ongoing net losses: Net income remains negative in most periods, with a notable example in Q2 2026 showing Consolidated Net Income / (Loss) of about -$38.8M, underscoring persistent profitability challenges.
High leverage and asset-liability balance: Total liabilities around $2.49B against total assets near $2.16B in the latest quarter produced a negative equity position (~-$327M in Q2 2026), highlighting a leveraged balance sheet and negative book value.
Impairment and earnings volatility: Impairment charges and related non-operating adjustments occurred in multiple quarters (e.g., impairment expenses in Q2 2023 and various quarters since), contributing to earnings volatility and pressuring reported margins.

05/10/26 04:21 AM ETAI Generated. May Contain Errors.

Peloton Interactive Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Peloton Interactive's financial year ends in June. Their financial year 2025 ended on June 30, 2025.

Peloton Interactive's net income appears to be on an upward trend, with a most recent value of -$118.90 million in 2025, rising from -$47.90 million in 2018. The previous period was -$551.90 million in 2024. Find out what analysts predict for Peloton Interactive in the coming months.

Peloton Interactive's total operating income in 2025 was -$36.20 million, based on the following breakdown:

Total Gross Profit: $1.27 billion
Total Operating Expenses: $1.30 billion

Over the last 7 years, Peloton Interactive's total revenue changed from $435 million in 2018 to $2.49 billion in 2025, a change of 472.6%.

Peloton Interactive's total liabilities were at $2.54 billion at the end of 2025, a 6.1% decrease from 2024, and a 449.6% increase since 2019.

In the past 6 years, Peloton Interactive's cash and equivalents has ranged from $162.10 million in 2019 to $1.25 billion in 2022, and is currently $1.04 billion as of their latest financial filing in 2025.

Over the last 7 years, Peloton Interactive's book value per share changed from 0.00 in 2018 to -1.04 in 2025, a change of -103.8%.

Related Companies

Financial statements for NASDAQ:PTON last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Peloton Interactive (PTON) Financials

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Peloton Interactive (PTON) Financials

Annual Income Statements for Peloton Interactive

Quarterly Income Statements for Peloton Interactive

Annual Cash Flow Statements for Peloton Interactive

Quarterly Cash Flow Statements for Peloton Interactive

Annual Balance Sheets for Peloton Interactive

Quarterly Balance Sheets for Peloton Interactive

Annual Metrics And Ratios for Peloton Interactive

Quarterly Metrics And Ratios for Peloton Interactive

Financials Breakdown Chart

Key Financial Trends

Peloton Interactive Financials - Frequently Asked Questions

When does Peloton Interactive's fiscal year end?

How has Peloton Interactive's net income changed over the last 7 years?

What is Peloton Interactive's operating income?

How has Peloton Interactive's revenue changed over the last 7 years?

How much debt does Peloton Interactive have?

How much cash does Peloton Interactive have?

How has Peloton Interactive's book value per share changed over the last 7 years?

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