Quarterly ResultMay 7, 2026, 07:02 AM
Peloton Q3 FY2026 Net Income $26M; Adj. EBITDA +41%
AI Summary
Peloton Interactive, Inc. reported Q3 FY2026 financial results, achieving a net income of $26 million, a significant improvement from a net loss in the prior year. Adjusted EBITDA increased by 41% year-over-year to $126 million, and Net Debt was substantially reduced by 70% to $173 million. The company also raised its full-year FY2026 revenue and free cash flow expectations, while continuing to see a decline in paid connected fitness subscriptions.
Key Highlights
- Q3 FY2026 Net Income was $26 million, up 155% year-over-year.
- Adjusted EBITDA increased 41% year-over-year to $126 million.
- Total Revenue grew 1% year-over-year to $631 million.
- Net Debt reduced 70% year-over-year to $173 million.
- Ending Paid Connected Fitness Subscriptions decreased 7.6% year-over-year to 2.662 million.
- Full Year FY2026 Revenue outlook increased to $2.42 billion-$2.44 billion.
- Full Year FY2026 Free Cash Flow expected at ~$350 million, up $75 million from prior target.
- Commercial Business Unit Revenue grew 14% year-over-year in Q3.