What is Peloton Interactive's operating income?

Peloton Interactive's total operating income in 2026 was $160.70 million, based on the following breakdown: Total Gross Profit: $1.29 billion Total Operating Expenses: $1.13 billion

Peloton Interactive (PTON) Financials

$5.68 -0.05 (-0.79%)

As of 10:16 AM Eastern

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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	2026
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	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	-48	-196	-72	-189	-2,828	-1,262	-552	-119	63
Consolidated Net Income / (Loss)	-48	-196	-72	-189	-2,828	-1,262	-552	-119	63
Net Income / (Loss) Continuing Operations	-48	-196	-72	-189	-2,828	-1,262	-552	-119	63
Total Pre-Tax Income	-48	-196	-68	-198	-2,808	-1,258	-552	-116	63
Total Operating Income	-48	-202	-81	-188	-2,734	-1,197	-529	-36	161
Total Gross Profit	190	384	838	1,454	698	924	1,207	1,268	1,287
Total Revenue	435	915	1,826	4,022	3,582	2,800	2,701	2,491	2,446
Operating Revenue	435	915	1,826	4,022	3,582	2,800	2,701	2,491	2,446
Total Cost of Revenue	245	531	988	2,567	2,884	1,877	1,494	1,223	1,159
Operating Cost of Revenue	245	531	988	2,567	2,884	1,877	1,494	1,223	1,159
Total Operating Expenses	237	586	918	1,642	3,433	2,121	1,736	1,305	1,126
Selling, General & Admin Expense	62	207	351	662	963	798	651	527	430
Marketing Expense	151	324	477	728	1,019	648	659	422	400
Research & Development Expense	23	55	89	248	360	318	305	234	243
Other Operating Expenses / (Income)	-	-	0.00	0.00	338	22	-2.60	24	0.00
Impairment Charge	-	-	1.20	4.50	572	145	57	64	35
Restructuring Charge	-	-	0.00	0.00	181	189	66	34	18
Total Other Income / (Expense), net	-0.30	6.70	12	-10	-74	-61	-23	-79	-98
Interest Expense	-	1.70	2.00	15	43	97	59	135	124
Interest & Investment Income	-0.30	8.70	18	7.90	2.30	26	35	33	36
Other Income / (Expense), net	0.00	-0.30	-3.90	-3.40	-33	9.90	0.70	23	-10
Income Tax Expense	0.10	0.10	3.30	-9.20	20	3.70	-0.20	3.40	-0.10
Basic Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)	$0.15
Weighted Average Basic Shares Outstanding	21.93M	22.91M	220.95M	293.89M	322.37M	346.67M	365.55M	390.04M	424.73M
Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)	$0.14
Weighted Average Diluted Shares Outstanding	21.93M	22.91M	220.95M	293.89M	322.37M	346.67M	365.55M	390.04M	436.22M
Weighted Average Basic & Diluted Shares Outstanding	21.93M	22.91M	67.74M	300.50M	338.43M	357.01M	376.42M	407.76M	438.87M

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	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	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	6/30/2026	9/30/2026
Net Income / (Loss) Attributable to Common Shareholders	-167	-30	-0.90	-92	-48	22	14	-39	26	62	96
Consolidated Net Income / (Loss)	-167	-30	-0.90	-92	-48	22	14	-39	26	62	96
Net Income / (Loss) Continuing Operations	-167	-30	-0.90	-92	-48	22	14	-39	27	62	96
Total Pre-Tax Income	-167	-30	0.00	-91	-47	23	15	-39	27	61	98
Total Operating Income	-146	-63	13	-46	-32	30	41	-14	53	81	116
Total Gross Profit	310	312	304	318	318	328	284	331	327	344	343
Total Revenue	718	644	586	674	624	607	551	657	631	608	559
Operating Revenue	718	644	586	674	624	607	551	657	631	608	559
Total Cost of Revenue	408	332	282	356	306	279	267	325	304	263	217
Operating Cost of Revenue	408	332	282	356	306	279	267	325	304	263	217
Total Operating Expenses	456	376	291	364	351	298	242	346	275	263	226
Selling, General & Admin Expense	153	186	120	131	151	125	101	103	110	116	92
Marketing Expense	170	112	82	153	107	81	67	152	98	83	77
Research & Development Expense	77	69	59	60	60	56	62	65	59	57	57
Impairment Charge	19	11	4.90	17	31	12	8.30	23	3.40	-0.10	0.80
Restructuring Charge	38	-2.70	2.90	3.30	2.40	25	4.40	2.70	4.10	6.70	-0.60
Total Other Income / (Expense), net	-21	33	-13	-45	-15	-7.00	-27	-25	-26	-21	-19
Interest Expense	28	-24	35	35	33	32	32	32	30	30	30
Interest & Investment Income	9.30	9.00	8.10	7.70	7.90	9.00	9.80	9.20	8.70	8.70	11
Other Income / (Expense), net	-2.10	0.60	15	-18	10	16	-4.10	-2.30	-4.30	0.40	1.20
Income Tax Expense	0.60	0.10	0.80	0.70	0.80	1.10	0.70	-0.20	0.40	-1.00	1.50
Basic Earnings per Share	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06	$0.15	$0.22
Weighted Average Basic Shares Outstanding	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	413.11M	421.31M	428.91M	424.73M	441.82M
Diluted Earnings per Share	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06	$0.14	$0.19
Weighted Average Diluted Shares Outstanding	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	430.00M	421.31M	512.26M	436.22M	525.44M
Weighted Average Basic & Diluted Shares Outstanding	370.81M	376.42M	381.46M	389.96M	398.56M	407.76M	417.81M	425.49M	432.99M	438.87M	445.85M

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	2026
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	6/30/2026
Net Change in Cash & Equivalents	-3.90	11	874	99	122	-372	-135	335	162
Net Cash From Operating Activities	50	-109	376	-240	-2,020	-388	-66	333	388
Net Cash From Continuing Operating Activities	50	-109	378	-240	-2,020	-388	-66	333	388
Net Income / (Loss) Continuing Operations	-48	-196	-72	-189	-2,828	-1,262	-552	-119	63
Consolidated Net Income / (Loss)	-48	-196	-72	-189	-2,828	-1,262	-552	-119	63
Depreciation Expense	6.60	22	40	64	143	124	109	90	57
Amortization Expense	-	-1.90	2.00	23	39	14	14	9.10	9.50
Non-Cash Adjustments To Reconcile Net Income	9.50	90	117	255	969	532	377	244	216
Changes in Operating Assets and Liabilities, net	82	-23	290	-393	-343	204	-14	110	42
Net Cash From Investing Activities	-57	-298	-741	-585	153	-70	27	-5.10	-21
Net Cash From Continuing Investing Activities	-57	-298	-741	-585	153	-70	27	-5.10	-21
Purchase of Property, Plant & Equipment	-28	-84	-157	-252	-337	-82	-20	-9.30	-9.90
Acquisitions	-29	-0.10	-45	-556	-27	-	0.00	0.00	-11
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	32	4.20	0.00
Divestitures	-	-	-	0.00	0.00	12	15	0.00	0.00
Net Cash From Financing Activities	3.10	417	1,240	917	2,015	77	-94	1.70	-208
Net Cash From Continuing Financing Activities	3.10	417	1,240	917	2,015	77	-94	1.70	-207
Repayment of Debt	-4.30	-0.90	0.00	-0.80	-1.70	-9.80	-1,468	-10	-10
Issuance of Debt	-	0.00	0.00	977	696	0.00	1,329	0.00	0.00
Issuance of Common Equity	0.00	0.00	1,203	18	1,236	6.90	3.10	4.10	3.50
Other Financing Activities, net	7.40	9.30	37	-78	84	80	41	7.70	-201
Effect of Exchange Rate Changes	0.00	0.20	-1.20	6.70	-27	8.60	-1.00	5.30	3.00
Cash Interest Paid	0.30	1.10	1.90	1.30	1.00	79	96	127	122
Cash Income Taxes Paid	0.00	0.00	4.10	3.50	15	15	0.00	2.60	5.50

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	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	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	6/30/2026	9/30/2026
Net Change in Cash & Equivalents	51	-98	21	105	85	124	64	74	-51	76	135
Net Cash From Operating Activities	12	33	13	107	97	117	72	72	153	91	146
Net Cash From Continuing Operating Activities	11	33	13	107	97	117	72	72	153	91	146
Net Income / (Loss) Continuing Operations	-167	-31	-0.90	-92	-48	22	14	-39	26	62	96
Consolidated Net Income / (Loss)	-167	-31	-0.90	-92	-48	22	14	-39	26	62	96
Depreciation Expense	27	26	25	23	21	21	17	15	14	12	11
Amortization Expense	3.50	3.70	2.10	2.30	2.40	2.30	2.40	2.40	2.30	2.40	2.40
Non-Cash Adjustments To Reconcile Net Income	85	132	30	68	143	-20	53	74	113	-24	35
Changes in Operating Assets and Liabilities, net	63	-98	-44	105	-23	93	-14	19	-2.00	39	0.60
Net Cash From Investing Activities	29	-6.70	2.40	-0.70	-2.10	-4.70	-6.70	-0.90	-2.20	-12	-6.30
Net Cash From Continuing Investing Activities	29	-6.70	2.40	-0.70	-2.10	-4.70	-6.70	-0.90	-2.20	-12	-6.30
Purchase of Property, Plant & Equipment	-3.00	-6.70	-1.80	-0.70	-2.10	-4.70	-4.50	-0.90	-2.20	-2.30	-2.30
Other Investing Activities, net	-	-	-	-	-	-	-2.20	-	-	-	-4.00
Net Cash From Financing Activities	12	-123	4.80	-0.80	-1.90	-0.40	-1.70	-0.90	-201	-3.80	-5.20
Net Cash From Continuing Financing Activities	12	-123	4.70	-0.70	-1.90	-0.40	-1.70	-0.90	-201	-3.50	-5.20
Repayment of Debt	-1.80	-1,462	-2.50	-2.50	-2.60	-2.50	-2.50	-2.60	-2.70	-2.50	-2.60
Issuance of Common Equity	0.10	1.10	0.70	1.20	0.80	1.40	0.70	1.50	0.20	1.10	0.60
Other Financing Activities, net	14	8.10	6.50	0.60	-0.10	0.70	0.10	0.20	-199	-2.10	-3.20
Effect of Exchange Rate Changes	-2.20	-0.50	1.50	-0.30	-7.70	12	0.30	3.50	-0.60	-0.20	0.90
Cash Interest Paid	24	24	39	37	17	34	33	34	23	32	23
Cash Income Taxes Paid	-2.90	1.00	1.10	2.00	0.90	-1.40	3.20	1.70	-0.60	1.20	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	2026
Period end date	6/30/2019	6/30/2020	6/30/2021	6/30/2022	6/30/2023	6/30/2024	6/30/2025	6/30/2026
Total Assets	865	2,982	4,486	4,029	2,769	2,185	2,125	2,056
Total Current Assets	582	2,159	2,818	2,635	1,639	1,266	1,438	1,489
Cash & Equivalents	162	1,036	1,135	1,254	814	698	1,040	1,207
Accounts Receivable	19	35	71	84	97	104	101	83
Inventories, net	137	245	937	1,105	523	330	206	135
Prepaid Expenses	48	125	203	193	205	135	91	65
Plant, Property, & Equipment, net	250	242	592	611	445	354	239	165
Total Noncurrent Assets	33	581	1,076	783	685	565	449	402
Goodwill	4.30	39	210	41	41	41	41	44
Intangible Assets	20	16	248	41	26	15	5.60	12
Other Noncurrent Operating Assets	9.30	526	618	701	618	509	402	346
Total Liabilities & Shareholders' Equity	865	2,982	4,486	4,029	2,769	2,185	2,125	2,056
Total Liabilities	462	1,304	2,732	3,436	3,064	2,704	2,539	2,196
Total Current Liabilities	291	772	1,243	1,106	761	685	804	525
Short-Term Debt	-	-	0.00	7.50	7.50	10	209	10
Accounts Payable	92	362	989	797	478	432	373	311
Current Deferred Revenue	91	364	165	201	187	164	151	140
Other Current Liabilities	3.30	47	89	100	88	79	72	64
Total Noncurrent Liabilities	171	532	1,489	2,330	2,303	2,019	1,735	1,671
Long-Term Debt	-	-	830	1,554	1,679	1,490	1,291	1,289
Other Noncurrent Operating Liabilities	148	532	659	776	624	529	445	381
Commitments & Contingencies	0.00	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	-140
Total Preferred & Common Equity	-539	1,678	1,754	593	-295	-519	-414	-140
Total Common Equity	-539	1,678	1,754	593	-295	-519	-414	-140
Common Stock	91	2,362	2,619	4,291	4,620	4,949	5,184	5,385
Retained Earnings	-630	-694	-883	-3,711	-4,932	-5,484	-5,603	-5,539
Accumulated Other Comprehensive Income / (Loss)	0.20	10	18	12	17	16	5.10	15

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	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026	Q3 2026	Q1 2027
Period end date	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	9/30/2026
Total Assets	3,016	2,673	2,569	2,409	2,157	2,110	2,065	2,170	2,165	2,017	2,189
Total Current Assets	1,818	1,588	1,527	1,421	1,285	1,308	1,340	1,512	1,556	1,439	1,645
Cash & Equivalents	874	749	738	795	722	829	914	1,104	1,180	1,126	1,342
Accounts Receivable	108	100	141	102	102	97	94	70	95	79	77
Inventories, net	626	515	427	354	333	258	214	238	215	176	159
Prepaid Expenses	210	225	221	170	128	124	119	100	67	58	67
Plant, Property, & Equipment, net	479	420	399	384	331	295	258	219	192	176	153
Total Noncurrent Assets	720	665	644	603	542	507	467	439	417	403	391
Goodwill	41	41	41	41	41	41	41	44	44	44	44
Intangible Assets	29	23	20	18	12	10	7.80	3.40	1.10	0.20	11
Other Noncurrent Operating Assets	650	601	583	545	488	456	418	391	372	359	336
Total Liabilities & Shareholders' Equity	3,016	2,673	2,569	2,409	2,157	2,110	2,065	2,170	2,165	2,017	2,189
Total Liabilities	3,143	3,044	3,069	2,999	2,637	2,607	2,556	2,517	2,491	2,259	2,194
Total Current Liabilities	813	750	793	746	640	635	812	795	785	578	539
Short-Term Debt	7.50	7.50	7.50	7.50	10	10	208	209	209	10	10
Accounts Payable	515	486	513	475	400	391	376	377	350	351	340
Current Deferred Revenue	201	174	189	182	155	160	156	141	156	151	130
Other Current Liabilities	90	83	84	81	76	75	72	69	71	66	59
Total Noncurrent Liabilities	2,330	2,294	2,275	2,253	1,997	1,972	1,744	1,722	1,707	1,681	1,656
Long-Term Debt	1,678	1,680	1,682	1,684	1,490	1,489	1,291	1,290	1,290	1,289	1,289
Other Noncurrent Operating Liabilities	653	613	593	570	508	483	454	432	417	392	367
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	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242	-5.20
Total Preferred & Common Equity	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242	-5.30
Total Common Equity	-127	-371	-499	-590	-480	-497	-491	-347	-327	-242	-5.20
Common Stock	4,543	4,701	4,767	4,845	4,998	5,060	5,130	5,233	5,289	5,344	5,423
Retained Earnings	-4,690	-5,091	-5,286	-5,453	-5,485	-5,577	-5,624	-5,589	-5,627	-5,601	-5,443
Accumulated Other Comprehensive Income / (Loss)	20	19	20	17	6.00	19	3.20	8.40	12	15	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	2026
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	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	432,991,925.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	432,991,925.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	0.15
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	110.34%	99.55%	120.26%	-10.93%	-21.83%	-3.56%	-7.77%	-1.80%
EBITDA Growth	0.00%	-346.94%	76.81%	-147.17%	-2,367.37%	59.42%	61.37%	121.00%	155.11%
EBIT Growth	0.00%	-326.53%	58.24%	-126.00%	-1,347.33%	57.10%	55.50%	97.41%	1,197.81%
NOPAT Growth	0.00%	-325.89%	60.11%	-132.71%	-1,355.80%	56.21%	55.81%	93.16%	735.18%
Net Income Growth	0.00%	-308.35%	63.39%	-163.97%	-1,396.14%	55.38%	56.26%	78.46%	153.15%
EPS Growth	0.00%	-391.74%	97.01%	-100.00%	-1,270.31%	58.49%	58.52%	80.13%	146.67%
Operating Cash Flow Growth	0.00%	-318.51%	446.59%	-163.68%	-742.72%	80.81%	82.95%	603.78%	16.40%
Free Cash Flow Firm Growth	0.00%	0.00%	127.01%	-2,745.97%	-54.93%	71.96%	85.23%	379.05%	19.45%
Invested Capital Growth	0.00%	0.00%	-416.87%	1,369.09%	-7.86%	-35.86%	-50.94%	-83.90%	-203.29%
Revenue Q/Q Growth	0.00%	0.00%	26.61%	-27.07%	77.55%	-1.29%	0.06%	-1.46%	0.04%
EBITDA Q/Q Growth	0.00%	0.00%	77.48%	-139.38%	-53.94%	48.54%	27.63%	603.55%	14.08%
EBIT Q/Q Growth	0.00%	0.00%	62.10%	-193.13%	-49.85%	45.84%	23.25%	88.77%	31.58%
NOPAT Q/Q Growth	0.00%	0.00%	63.33%	-162.27%	-49.97%	45.19%	23.49%	71.98%	60.36%
Net Income Q/Q Growth	0.00%	0.00%	65.61%	-188.52%	-49.95%	44.54%	27.71%	30.47%	172.41%
EPS Q/Q Growth	0.00%	0.00%	91.21%	-137.21%	-48.64%	46.71%	28.10%	31.82%	133.33%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	2,237.89%	-134.91%	11.28%	42.53%	57.13%	33.95%	-6.29%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-813.29%	36.11%	-6.34%	28.06%	73.70%	-3.32%
Invested Capital Q/Q Growth	0.00%	0.00%	-190.91%	654.01%	-47.92%	-15.61%	-7.45%	-51.18%	31.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	43.59%	41.92%	45.88%	36.16%	19.50%	32.98%	44.68%	50.92%	52.60%
EBITDA Margin	-9.40%	-19.98%	-2.32%	-2.61%	-72.19%	-37.47%	-15.01%	3.42%	8.88%
Operating Margin	-10.92%	-22.11%	-4.42%	-4.67%	-76.32%	-42.75%	-19.59%	-1.45%	6.57%
EBIT Margin	-10.92%	-22.14%	-4.63%	-4.75%	-77.25%	-42.40%	-19.56%	-0.55%	6.15%
Profit (Net Income) Margin	-11.01%	-21.38%	-3.92%	-4.70%	-78.94%	-45.06%	-20.44%	-4.77%	2.58%
Tax Burden Percent	100.21%	100.00%	104.68%	95.36%	100.70%	100.29%	99.96%	102.85%	100.16%
Interest Burden Percent	100.63%	96.54%	80.85%	103.66%	101.47%	105.96%	104.51%	843.80%	41.95%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.16%
Return on Invested Capital (ROIC)	0.00%	-1,165.51%	0.00%	-29.21%	-203.86%	-113.40%	-86.04%	-15.41%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-1,136.96%	0.00%	-24.66%	185.53%	-185.21%	-107.72%	-30.24%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1,068.32%	0.00%	18.19%	-37.11%	-733.95%	221.60%	40.90%	0.00%
Return on Equity (ROE)	0.00%	-97.19%	-6.88%	-11.01%	-240.96%	-847.35%	135.57%	25.49%	-22.84%
Cash Return on Invested Capital (CROIC)	0.00%	-1,365.51%	0.00%	-121.33%	-195.68%	-69.70%	-17.68%	129.13%	0.00%
Operating Return on Assets (OROA)	0.00%	-23.44%	-4.40%	-5.12%	-65.01%	-34.93%	-21.33%	-0.64%	7.19%
Return on Assets (ROA)	0.00%	-22.63%	-3.72%	-5.06%	-66.42%	-37.12%	-22.28%	-5.52%	3.02%
Return on Common Equity (ROCE)	0.00%	130.06%	-3.77%	-11.01%	-240.96%	-847.06%	135.60%	25.49%	-22.83%
Return on Equity Simple (ROE_SIMPLE)	0.00%	36.32%	-4.27%	-10.77%	-476.93%	427.55%	106.32%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-33	-142	-56	-131	-1,914	-838	-370	-25	161
NOPAT Margin	-7.64%	-15.48%	-3.09%	-3.27%	-53.43%	-29.93%	-13.71%	-1.02%	6.58%
Net Nonoperating Expense Percent (NNEP)	0.00%	-28.55%	-1.42%	-4.55%	-389.39%	71.81%	21.68%	14.83%	35.42%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-2.34%	13.88%
Cost of Revenue to Revenue	56.41%	58.08%	54.12%	63.84%	80.51%	67.02%	55.32%	49.08%	47.40%
SG&A Expenses to Revenue	14.34%	22.62%	19.25%	16.46%	26.89%	28.50%	24.11%	21.17%	17.59%
R&D to Revenue	5.38%	5.99%	4.88%	6.16%	10.04%	11.37%	11.29%	9.40%	9.93%
Operating Expenses to Revenue	54.53%	64.02%	50.30%	40.83%	95.82%	75.73%	64.27%	52.37%	46.03%
Earnings before Interest and Taxes (EBIT)	-48	-203	-85	-191	-2,767	-1,187	-528	-14	150
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-41	-183	-42	-105	-2,586	-1,049	-405	85	217
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	9.75	21.09	5.22	0.00	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	0.00
Price to Revenue (P/Rev)	2.67	1.27	8.96	9.20	0.86	0.97	0.46	1.11	1.05
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	40.49
Dividend Yield	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%	2.47%
Enterprise Value to Invested Capital (EV/IC)	0.00	70.91	0.00	37.06	3.78	6.23	7.26	70.73	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	1.88	8.00	9.01	0.95	1.28	0.76	1.30	1.08
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	37.90	12.21
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	17.63
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.47
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	38.81	0.00	0.00	0.00	0.00	9.69	6.84
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	325.98	0.00	0.00	0.00	0.00	15.19	10.45
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.47	2.63	-5.71	-2.89	-3.62	-9.30
Long-Term Debt to Equity	0.00	0.00	0.00	0.47	2.62	-5.69	-2.87	-3.12	-9.23
Financial Leverage	0.00	-0.94	-1.03	-0.74	-0.20	3.96	-2.06	-1.35	-1.00
Leverage Ratio	0.00	2.15	1.85	2.18	3.63	22.83	-6.08	-4.62	-7.55
Compound Leverage Factor	0.00	2.07	1.49	2.26	3.68	24.19	-6.36	-38.99	-3.17
Debt to Total Capital	0.00%	0.00%	0.00%	32.11%	72.48%	121.21%	152.92%	138.13%	112.05%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.35%	0.54%	1.02%	19.21%	0.86%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	32.11%	72.13%	120.67%	151.90%	118.92%	111.19%
Preferred Equity to Total Capital	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%	233.81%	0.00%	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%	-12.05%
Debt to EBITDA	0.00	0.00	0.00	-7.92	-0.60	-1.61	-3.70	17.61	5.98
Net Debt to EBITDA	0.00	0.00	0.00	7.41	-0.12	-0.83	-1.98	5.40	0.43
Long-Term Debt to EBITDA	0.00	0.00	0.00	-7.92	-0.60	-1.60	-3.68	15.16	5.94
Debt to NOPAT	0.00	0.00	0.00	-6.31	-0.82	-2.01	-4.05	-59.16	8.07
Net Debt to NOPAT	0.00	0.00	0.00	5.91	-0.16	-1.04	-2.17	-18.13	0.57
Long-Term Debt to NOPAT	0.00	0.00	0.00	-6.31	-0.81	-2.00	-4.02	-50.93	8.01
Altman Z-Score	0.00	1.18	8.28	9.03	-1.67	-1.98	-2.48	-1.53	-1.08
Noncontrolling Interest Sharing Ratio	0.00%	233.81%	45.23%	0.00%	0.00%	0.03%	-0.02%	0.00%	0.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.00	2.80	2.27	2.38	2.15	1.85	1.79	2.84
Quick Ratio	0.00	1.36	2.32	1.35	1.21	1.20	1.17	1.42	2.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-166	45	-1,186	-1,837	-515	-76	212	254
Operating Cash Flow to CapEx	177.50%	-129.90%	240.51%	-95.01%	-598.87%	-470.39%	0.00%	6,529.41%	3,915.15%
Free Cash Flow to Firm to Interest Expense	0.00	-97.59	22.41	-80.11	-42.72	-5.30	-1.29	1.58	2.05
Operating Cash Flow to Interest Expense	0.00	-63.88	188.20	-16.20	-46.98	-3.99	-1.12	2.48	3.13
Operating Cash Flow Less CapEx to Interest Expense	0.00	-113.06	109.95	-33.24	-54.82	-4.84	-0.92	2.44	3.05
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.06	0.95	1.08	0.84	0.82	1.09	1.16	1.17
Accounts Receivable Turnover	0.00	49.46	68.77	75.88	46.22	30.98	26.90	24.32	26.63
Inventory Turnover	0.00	3.89	5.19	4.35	2.83	2.31	3.51	4.57	6.80
Fixed Asset Turnover	0.00	3.66	7.42	9.64	5.96	5.30	6.76	8.40	12.12
Accounts Payable Turnover	0.00	5.76	4.35	3.80	3.23	2.94	3.28	3.04	3.39
Days Sales Outstanding (DSO)	0.00	7.38	5.31	4.81	7.90	11.78	13.57	15.01	13.71
Days Inventory Outstanding (DIO)	0.00	93.83	70.38	83.99	129.20	158.23	104.11	79.91	53.68
Days Payable Outstanding (DPO)	0.00	63.33	83.83	96.02	113.06	124.07	111.25	120.17	107.66
Cash Conversion Cycle (CCC)	0.00	37.88	-8.14	-7.22	24.04	45.95	6.44	-25.26	-40.27
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	24	-77	977	900	578	283	46	-47
Invested Capital Turnover	0.00	75.31	-69.29	8.94	3.82	3.79	6.27	15.15	-3,261.33
Increase / (Decrease) in Invested Capital	0.00	24	-101	1,054	-77	-323	-294	-238	-93
Enterprise Value (EV)	0.00	1,723	14,607	36,217	3,405	3,597	2,056	3,226	2,651
Market Capitalization	1,160	1,160	16,362	36,994	3,097	2,725	1,253	2,766	2,559
Book Value per Share	$0.00	($23.51)	$5.92	$5.88	$1.76	($0.83)	($1.40)	($1.04)	($0.32)
Tangible Book Value per Share	$0.00	($24.55)	$5.73	$4.35	$1.51	($1.02)	($1.55)	($1.16)	($0.45)
Total Capital	0.00	403	1,678	2,584	2,154	1,391	981	1,085	1,159
Total Debt	0.00	0.00	0.00	830	1,562	1,686	1,500	1,499	1,299
Total Long-Term Debt	0.00	0.00	0.00	830	1,554	1,679	1,490	1,291	1,289
Net Debt	0.00	-378	-1,755	-777	308	873	803	460	93
Capital Expenditures (CapEx)	28	84	157	252	337	82	-12	5.10	9.90
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-87	-369	-32	283	71	-107	-197	-232
Debt-free Net Working Capital (DFNWC)	0.00	291	1,386	1,575	1,537	885	591	842	974
Net Working Capital (NWC)	0.00	291	1,386	1,575	1,529	878	581	634	964
Net Nonoperating Expense (NNE)	15	54	15	58	914	424	182	94	98
Net Nonoperating Obligations (NNO)	0.00	-378	-1,755	-777	308	873	802	459	93
Total Depreciation and Amortization (D&A)	6.60	20	42	86	182	138	123	99	67
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%	-9.49%
Debt-free Net Working Capital to Revenue	0.00%	31.79%	75.93%	39.16%	42.90%	31.61%	21.88%	33.81%	39.84%
Net Working Capital to Revenue	0.00%	31.79%	75.93%	39.16%	42.69%	31.34%	21.51%	25.44%	39.43%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)	$0.15
Adjusted Weighted Average Basic Shares Outstanding	21.93M	22.91M	288.69M	293.89M	322.37M	346.67M	365.55M	390.04M	424.73M
Adjusted Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	($0.64)	($8.77)	($3.64)	($1.51)	($0.30)	$0.14
Adjusted Weighted Average Diluted Shares Outstanding	21.93M	22.91M	288.69M	293.89M	322.37M	346.67M	365.55M	390.04M	436.22M
Adjusted Basic & Diluted Earnings per Share	($2.18)	($10.72)	($0.32)	$0.00	$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	438.87M
Normalized Net Operating Profit after Tax (NOPAT)	-33	-142	-56	-128	-1,387	-604	-284	43	149
Normalized NOPAT Margin	-7.64%	-15.48%	-3.05%	-3.19%	-38.71%	-21.58%	-10.51%	1.73%	6.10%
Pre Tax Income Margin	-10.99%	-21.38%	-3.75%	-4.93%	-78.39%	-44.93%	-20.44%	-4.64%	2.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-119.18	-42.30	-12.92	-64.36	-12.23	-8.97	-0.10	1.21
NOPAT to Interest Expense	0.00	-83.30	-28.25	-8.88	-44.51	-8.63	-6.29	-0.19	1.30
EBIT Less CapEx to Interest Expense	0.00	-168.35	-120.55	-29.97	-72.20	-13.08	-8.76	-0.14	1.13
NOPAT Less CapEx to Interest Expense	0.00	-132.48	-106.50	-25.93	-52.35	-9.48	-6.08	-0.23	1.22
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	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%	0.00%

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

Metric	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	Q3 2026	Q4 2026	Q1 2027
Period end date	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	6/30/2026	9/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	425,489,090.00	432,991,925.00	438,871,801.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	425,489,090.00	432,991,925.00	438,871,801.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	0.06	0.14	0.22
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.17%	0.25%	-1.60%	-9.37%	-13.06%	-5.72%	-6.01%	-2.58%	1.11%	0.15%	1.53%
EBITDA Growth	46.74%	82.29%	151.28%	73.72%	101.19%	306.31%	4.25%	102.81%	4,478.57%	39.01%	132.80%
EBIT Growth	42.18%	71.81%	119.46%	63.81%	85.03%	172.45%	36.76%	74.14%	317.12%	79.34%	216.13%
NOPAT Growth	45.04%	71.92%	109.45%	75.47%	77.84%	163.44%	349.37%	68.85%	328.04%	193.18%	191.49%
Net Income Growth	39.36%	87.43%	99.44%	52.80%	71.49%	171.38%	1,644.44%	57.83%	155.35%	184.33%	592.09%
EPS Growth	43.04%	88.06%	100.00%	55.56%	73.33%	175.00%	0.00%	62.50%	150.00%	133.33%	533.33%
Operating Cash Flow Growth	128.36%	159.03%	115.78%	441.99%	733.62%	258.10%	475.20%	-32.61%	57.91%	-22.20%	102.64%
Free Cash Flow Firm Growth	-67.86%	51.55%	-17.94%	-4.72%	-31.12%	6.42%	2.85%	-31.03%	12.47%	-34.08%	-26.60%
Invested Capital Growth	-55.27%	-50.94%	-47.75%	-61.79%	-69.49%	-83.90%	-83.77%	-104.51%	-173.45%	-203.29%	-200.83%
Revenue Q/Q Growth	-3.48%	-10.31%	-8.96%	15.00%	-7.40%	-2.74%	-9.24%	19.19%	-3.90%	-3.66%	-8.00%
EBITDA Q/Q Growth	20.90%	71.71%	262.46%	-172.27%	103.58%	4,807.14%	-17.90%	-98.05%	5,727.27%	48.99%	37.49%
EBIT Q/Q Growth	16.40%	57.65%	143.31%	-336.03%	65.42%	304.96%	-18.24%	-144.62%	390.36%	69.29%	44.12%
NOPAT Q/Q Growth	21.86%	56.63%	119.72%	-467.20%	29.41%	224.13%	39.67%	-125.46%	616.68%	59.59%	38.86%
Net Income Q/Q Growth	14.16%	81.83%	97.04%	-10,122.22%	48.15%	145.49%	-35.94%	-379.14%	168.04%	133.71%	55.92%
EPS Q/Q Growth	16.67%	82.22%	100.00%	0.00%	50.00%	150.00%	-50.00%	-400.00%	166.67%	133.33%	35.71%
Operating Cash Flow Q/Q Growth	137.18%	181.90%	-61.77%	753.60%	-9.37%	21.10%	-38.60%	0.00%	112.38%	-40.34%	59.93%
Free Cash Flow Firm Q/Q Growth	6.21%	-9.44%	12.10%	-11.63%	-23.21%	39.91%	8.34%	-40.74%	25.21%	-18.00%	20.64%
Invested Capital Q/Q Growth	-32.35%	-7.45%	4.80%	-41.76%	-45.98%	-51.18%	5.70%	-116.18%	-779.49%	31.34%	-3.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.15%	48.47%	51.84%	47.25%	50.98%	54.05%	51.51%	50.46%	51.88%	56.66%	61.27%
EBITDA Margin	-16.40%	-5.17%	9.23%	-5.80%	0.22%	11.32%	10.24%	0.17%	10.16%	15.71%	23.48%
Operating Margin	-20.37%	-9.85%	2.13%	-6.81%	-5.19%	4.88%	7.50%	-2.18%	8.32%	13.36%	20.82%
EBIT Margin	-20.66%	-9.76%	4.64%	-9.53%	-3.56%	7.50%	6.75%	-2.53%	7.64%	13.43%	21.03%
Profit (Net Income) Margin	-23.31%	-4.72%	-0.15%	-13.65%	-7.64%	3.58%	2.52%	-5.91%	4.18%	10.15%	17.20%
Tax Burden Percent	100.36%	100.33%	0.00%	100.88%	101.71%	96.44%	95.21%	99.49%	98.14%	101.82%	98.46%
Interest Burden Percent	112.41%	48.25%	0.00%	142.06%	211.26%	49.45%	39.25%	234.94%	55.81%	74.26%	83.08%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	4.89%	4.79%	0.00%	1.49%	-1.65%	1.54%
Return on Invested Capital (ROIC)	-77.72%	-43.26%	9.29%	-39.97%	-45.99%	70.26%	101.59%	-45.04%	1,616.47%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-85.32%	-41.59%	8.16%	-47.35%	-49.37%	69.24%	97.26%	-50.86%	1,609.79%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	203.12%	85.56%	-16.46%	77.07%	67.60%	-93.65%	-137.83%	61.05%	-1,664.24%	0.00%	0.00%
Return on Equity (ROE)	125.40%	42.30%	-7.17%	37.10%	21.61%	-23.39%	-36.23%	16.01%	-47.77%	-22.84%	-82.62%
Cash Return on Invested Capital (CROIC)	-21.36%	-17.68%	0.55%	35.02%	61.21%	129.13%	141.13%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-20.56%	-10.64%	5.17%	-10.67%	-4.02%	8.66%	7.67%	-2.88%	9.15%	15.71%	23.68%
Return on Assets (ROA)	-23.19%	-5.15%	-0.17%	-15.30%	-8.64%	4.13%	2.86%	-6.74%	5.01%	11.88%	19.37%
Return on Common Equity (ROCE)	125.42%	42.31%	-7.17%	37.10%	21.61%	-23.39%	-36.24%	16.01%	-47.77%	-22.83%	-82.65%
Return on Equity Simple (ROE_SIMPLE)	129.30%	0.00%	81.93%	58.45%	34.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-102	-44	8.75	-32	-23	28	39	-10	52	83	115
NOPAT Margin	-14.26%	-6.89%	1.49%	-4.77%	-3.63%	4.64%	7.14%	-1.52%	8.20%	13.58%	20.50%
Net Nonoperating Expense Percent (NNEP)	7.61%	-1.67%	1.12%	7.38%	3.38%	1.02%	4.34%	5.82%	6.68%	7.55%	10.47%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-3.21%	-2.25%	2.59%	3.41%	-0.85%	4.89%	7.12%	8.86%
Cost of Revenue to Revenue	56.85%	51.53%	48.16%	52.77%	49.04%	45.92%	48.49%	49.54%	48.14%	43.32%	38.73%
SG&A Expenses to Revenue	21.32%	28.91%	20.39%	19.48%	24.26%	20.61%	18.30%	15.67%	17.50%	19.12%	16.52%
R&D to Revenue	10.70%	10.78%	9.98%	8.95%	9.55%	9.19%	11.27%	9.90%	9.32%	9.36%	10.18%
Operating Expenses to Revenue	63.51%	58.35%	49.69%	54.06%	56.19%	49.17%	44.01%	52.66%	43.56%	43.29%	40.43%
Earnings before Interest and Taxes (EBIT)	-148	-63	27	-64	-22	46	37	-17	48	82	118
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-118	-33	54	-39	1.40	69	56	1.10	64	96	131
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)	0.58	0.46	0.65	1.27	0.98	1.11	1.49	1.06	0.75	1.05	0.89
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	78.68	40.49	15.05
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%	1.27%	2.47%	6.64%
Enterprise Value to Invested Capital (EV/IC)	8.06	7.26	8.55	23.07	32.65	70.73	84.34	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.91	0.76	0.94	1.52	1.21	1.30	1.66	1.19	0.82	1.08	0.87
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	37.90	46.51	22.67	10.50	12.21	7.35
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	65.89	17.48	17.63	9.30
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	170.77	19.91	16.47	9.15
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	99.18	24.40	12.27	9.69	10.36	8.09	4.83	6.84	4.65
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	1,075.82	36.43	24.94	15.19	16.69	14.64	7.62	10.45	6.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-2.86	-2.89	-3.12	-3.02	-3.05	-3.62	-4.32	-4.59	-5.37	-9.30	-249.81
Long-Term Debt to Equity	-2.85	-2.87	-3.10	-3.00	-2.63	-3.12	-3.72	-3.95	-5.33	-9.23	-247.88
Financial Leverage	-2.38	-2.06	-2.02	-1.63	-1.37	-1.35	-1.42	-1.20	-1.03	-1.00	-1.00
Leverage Ratio	-7.56	-6.08	-5.67	-4.70	-4.14	-4.62	-5.23	-5.19	-5.57	-7.55	-12.38
Compound Leverage Factor	-8.50	-2.94	0.00	-6.67	-8.74	-2.28	-2.05	-12.19	-3.11	-5.61	-10.28
Debt to Total Capital	153.64%	152.92%	147.12%	149.62%	148.75%	138.13%	130.13%	127.88%	122.87%	112.05%	100.40%
Short-Term Debt to Total Capital	0.68%	1.02%	0.98%	1.00%	20.66%	19.21%	18.12%	17.82%	0.95%	0.86%	0.77%
Long-Term Debt to Total Capital	152.96%	151.90%	146.14%	148.62%	128.09%	118.92%	112.01%	110.05%	121.93%	111.19%	99.63%
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	-53.64%	-52.93%	-47.13%	-49.62%	-48.75%	-38.12%	-30.14%	-27.88%	-22.87%	-12.05%	-0.40%
Debt to EBITDA	-3.02	-3.70	-6.10	-11.02	-88.70	17.61	17.15	11.75	6.83	5.98	4.45
Net Debt to EBITDA	-1.60	-1.98	-3.16	-4.93	-34.60	5.40	4.52	2.50	0.91	0.43	-0.15
Long-Term Debt to EBITDA	-3.01	-3.68	-6.06	-10.95	-76.38	15.16	14.76	10.11	6.78	5.94	4.41
Debt to NOPAT	-3.49	-4.05	-5.58	-8.81	-16.58	-59.16	-289.32	88.47	12.95	8.07	5.54
Net Debt to NOPAT	-1.85	-2.17	-2.89	-3.94	-6.47	-18.13	-76.27	18.84	1.72	0.57	-0.18
Long-Term Debt to NOPAT	-3.48	-4.02	-5.54	-8.76	-14.27	-50.93	-249.03	76.14	12.85	8.01	5.49
Altman Z-Score	-1.60	-1.78	-1.51	-1.41	-1.74	-1.44	-1.15	-1.49	-1.60	-1.19	-0.98
Noncontrolling Interest Sharing Ratio	-0.01%	-0.02%	-0.01%	0.00%	0.00%	0.00%	-0.02%	0.00%	0.00%	0.02%	-0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.91	1.85	2.01	2.06	1.65	1.79	1.90	1.98	2.49	2.84	3.05
Quick Ratio	1.20	1.17	1.29	1.46	1.24	1.42	1.48	1.62	2.09	2.46	2.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	276	250	280	247	190	266	288	171	214	175	211
Operating Cash Flow to CapEx	386.67%	488.06%	0.00%	15,242.86%	4,604.76%	2,491.49%	1,597.78%	7,988.89%	6,940.91%	3,960.87%	6,334.78%
Free Cash Flow to Firm to Interest Expense	9.96	0.00	7.91	7.15	5.83	8.33	8.92	5.42	7.12	5.84	6.95
Operating Cash Flow to Interest Expense	0.42	0.00	0.35	3.08	2.97	3.67	2.23	2.28	5.09	3.04	4.79
Operating Cash Flow Less CapEx to Interest Expense	0.31	0.00	0.42	3.06	2.90	3.52	2.09	2.25	5.02	2.96	4.72
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.00	1.09	1.11	1.12	1.13	1.16	1.14	1.14	1.20	1.17	1.13
Accounts Receivable Turnover	25.70	26.90	26.70	22.05	25.88	24.32	28.52	25.48	28.40	26.63	33.30
Inventory Turnover	3.27	3.51	3.46	4.02	4.49	4.57	4.23	4.98	6.03	6.80	5.59
Fixed Asset Turnover	6.26	6.76	7.17	7.56	7.88	8.40	8.93	10.03	11.28	12.12	13.17
Accounts Payable Turnover	3.24	3.28	3.31	3.05	3.00	3.04	3.11	3.18	3.23	3.39	3.09
Days Sales Outstanding (DSO)	14.20	13.57	13.67	16.56	14.10	15.01	12.80	14.33	12.85	13.71	10.96
Days Inventory Outstanding (DIO)	111.56	104.11	105.55	90.75	81.26	79.91	86.31	73.29	60.48	53.68	65.34
Days Payable Outstanding (DPO)	112.66	111.25	110.20	119.73	121.70	120.17	117.43	114.76	112.95	107.66	118.06
Cash Conversion Cycle (CCC)	13.10	6.44	9.02	-12.42	-26.35	-25.26	-18.32	-27.14	-39.61	-40.27	-41.76
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	306	283	297	173	93	46	48	-7.80	-69	-47	-49
Invested Capital Turnover	5.45	6.27	6.22	8.38	12.65	15.15	14.23	29.54	197.19	-3,261.33	-12,272.00
Increase / (Decrease) in Invested Capital	-378	-294	-271	-280	-213	-238	-249	-181	-162	-93	-97
Enterprise Value (EV)	2,469	2,056	2,539	3,989	3,049	3,226	4,065	2,893	1,998	2,651	2,147
Market Capitalization	1,572	1,253	1,762	3,319	2,465	2,766	3,670	2,574	1,825	2,559	2,190
Book Value per Share	($1.61)	($1.40)	($1.28)	($1.30)	($1.26)	($1.04)	($0.85)	($0.78)	($0.57)	($0.32)	($0.01)
Tangible Book Value per Share	($1.77)	($1.55)	($1.42)	($1.44)	($1.39)	($1.16)	($0.97)	($0.89)	($0.67)	($0.45)	($0.14)
Total Capital	1,101	981	1,019	1,002	1,008	1,085	1,152	1,172	1,058	1,159	1,294
Total Debt	1,691	1,500	1,500	1,499	1,499	1,499	1,499	1,499	1,299	1,299	1,299
Total Long-Term Debt	1,684	1,490	1,490	1,489	1,291	1,291	1,290	1,290	1,289	1,289	1,289
Net Debt	897	803	777	670	585	460	395	319	173	93	-43
Capital Expenditures (CapEx)	3.00	6.70	-2.40	0.70	2.10	4.70	4.50	0.90	2.20	2.30	2.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-112	-107	-67	-146	-178	-197	-178	-199	-256	-232	-226
Debt-free Net Working Capital (DFNWC)	683	591	655	683	737	842	926	980	871	974	1,116
Net Working Capital (NWC)	676	581	645	673	529	634	717	771	861	964	1,106
Net Nonoperating Expense (NNE)	65	-14	9.65	60	25	6.45	25	29	25	21	18
Net Nonoperating Obligations (NNO)	897	802	777	670	585	459	395	319	173	93	-43
Total Depreciation and Amortization (D&A)	31	30	27	25	24	23	19	18	16	14	14
Debt-free, Cash-free Net Working Capital to Revenue	-4.13%	-3.95%	-2.50%	-5.58%	-7.02%	-7.92%	-7.24%	-8.17%	-10.46%	-9.49%	-9.21%
Debt-free Net Working Capital to Revenue	25.31%	21.88%	24.34%	26.05%	29.15%	33.81%	37.70%	40.21%	35.61%	39.84%	45.48%
Net Working Capital to Revenue	25.03%	21.51%	23.97%	25.67%	20.91%	25.44%	29.20%	31.64%	35.20%	39.43%	45.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06	$0.15	$0.22
Adjusted Weighted Average Basic Shares Outstanding	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	413.11M	421.31M	428.91M	424.73M	441.82M
Adjusted Diluted Earnings per Share	($0.45)	($0.08)	$0.00	($0.24)	($0.12)	$0.06	$0.03	($0.09)	$0.06	$0.14	$0.19
Adjusted Weighted Average Diluted Shares Outstanding	367.93M	365.55M	378.78M	385.59M	394.01M	390.04M	430.00M	421.31M	512.26M	436.22M	525.44M
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	370.81M	376.42M	381.46M	389.96M	398.56M	407.76M	417.81M	425.49M	432.99M	438.87M	445.85M
Normalized Net Operating Profit after Tax (NOPAT)	-63	-39	14	-18	0.49	63	51	7.98	59	61	115
Normalized NOPAT Margin	-8.74%	-6.02%	2.42%	-2.69%	0.08%	10.44%	9.33%	1.22%	9.37%	10.11%	20.53%
Pre Tax Income Margin	-23.23%	-4.71%	0.00%	-13.53%	-7.52%	3.71%	2.65%	-5.94%	4.26%	9.97%	17.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-5.35	0.00	0.77	-1.86	-0.68	1.43	1.15	-0.53	1.61	2.72	3.87
NOPAT to Interest Expense	-3.69	0.00	0.25	-0.93	-0.70	0.88	1.22	-0.32	1.72	2.75	3.77
EBIT Less CapEx to Interest Expense	-5.46	0.00	0.84	-1.88	-0.75	1.28	1.01	-0.56	1.53	2.64	3.79
NOPAT Less CapEx to Interest Expense	-3.80	0.00	0.32	-0.95	-0.76	0.74	1.08	-0.35	1.65	2.67	3.69
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’s recent results show a meaningful improvement in profitability and cash generation, although revenue remains well below its earlier levels and the balance sheet still carries significant financial strain. In fiscal Q4 2026, revenue was $607.8 million, down 3.7% from Q3 but up slightly from $606.9 million in Q4 2025. Revenue has declined substantially from the $964.3 million reported in Q3 2022.

Profitability improved sequentially: gross profit rose to $344.4 million from $327.3 million in Q3, lifting gross margin to about 56.7% from 51.9%. Operating income increased to $81.2 million from $52.5 million, while net income reached $61.7 million, compared with $26.4 million in Q3. However, fiscal Q2 2026 still recorded a $38.8 million net loss, so the recent earnings improvement has not yet been consistent.

Cash generation remained positive. Operating activities produced $91.1 million in Q4, and cash increased by $75.6 million after investing and financing outflows. The latest supplied balance sheet is for Q3 2026, not Q4: it shows $1.13 billion in cash, about $1.30 billion in debt, and negative shareholders’ equity of $241.9 million.

Q4 2026 operating income rose to $81.2 million from $52.5 million in Q3, and net income increased to $61.7 million from $26.4 million.
Gross margin improved to approximately 56.7% in Q4, up from 51.9% in Q3, reflecting lower cost of revenue relative to sales.
Operating cash flow was positive in each quarter of fiscal 2026, including $91.1 million in Q4. Cash also rose by $75.6 million during that quarter.
At the Q3 2026 balance-sheet date, cash of $1.13 billion exceeded short-term debt of $10 million; total current assets were also well above current liabilities.
Revenue remains under pressure over the longer term: Q4 2026 revenue of $607.8 million was about 37% below the $964.3 million recorded in Q3 2022.
Profitability is not yet consistent. Peloton reported a $38.8 million net loss in fiscal Q2 2026, despite returning to quarterly profits in Q1, Q3 and Q4.
The latest supplied balance sheet shows total liabilities of $2.26 billion exceeding assets of $2.02 billion, leaving shareholders’ equity negative at $241.9 million.
Share counts have risen over time: basic weighted-average shares were 424.7 million in Q4 2026, compared with 390.0 million in Q4 2025, which may dilute existing shareholders’ ownership.

11/12/26 07:39 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 fiscal year ends in June. Their fiscal year 2026 ended on June 30, 2026.

Peloton Interactive's net income appears to be on a downward trend, with a most recent value of $63.20 million in 2026, compared with -$47.90 million in 2018. The previous period was -$118.90 million in 2025. Check out Peloton Interactive's forecast to explore projected trends and price targets.

Peloton Interactive's total operating income in 2026 was $160.70 million, based on the following breakdown:

Total Gross Profit: $1.29 billion
Total Operating Expenses: $1.13 billion

Over the last 8 years, Peloton Interactive's total revenue changed from $435 million in 2018 to $2.45 billion in 2026, a change of 462.3%.

In the past 14 quarters, Peloton Interactive's cash and equivalents has ranged from $722.30 million in Q1 2025 to $1.34 billion in Q1 2027, and is currently $1.34 billion as of their latest financial filing in Q1 2027.

Peloton Interactive had total debt of $1.30 billion at the end of 2026, a 13.3% decrease from 2025, and none in 2018.

Over the last 8 years, Peloton Interactive's book value per share changed from 0.00 in 2018 to -0.32 in 2026.

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Financial statements for NASDAQ:PTON last updated on 11/6/2026 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 financial year end?

How has Peloton Interactive's net income changed over the last 8 years?

What is Peloton Interactive's operating income?

How has Peloton Interactive's revenue changed over the last 8 years?

How much cash does Peloton Interactive have?

How much debt does Peloton Interactive have?

How has Peloton Interactive's book value per share changed over the last 8 years?

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