Quarterly ResultMay 7, 2026, 04:21 PM
Peloton Q3 Net Income $26.4M; Operating Income $52.5M
AI Summary
Peloton Interactive, Inc. reported a significant financial turnaround for the three months ended March 31, 2026, achieving a net income of $26.4 million compared to a net loss of $47.7 million in the prior year. Operating income also improved substantially to $52.5 million from a loss of $32.4 million. For the nine-month period, the company moved to a net income of $1.6 million from a loss of $140.5 million, driven by improved operating efficiency and cost management, including ongoing restructuring efforts. The company also launched new product series and repaid $199.0 million in convertible senior notes.
Key Highlights
- Net income for Q3 2026 was $26.4M, a significant improvement from a $47.7M net loss in Q3 2025.
- Operating income for Q3 2026 reached $52.5M, up from an operating loss of $32.4M in Q3 2025.
- Total revenue for Q3 2026 slightly increased to $630.9M from $624.0M in Q3 2025.
- Subscription revenue grew to $428.0M in Q3 2026, up 2.3% from $418.5M in Q3 2025.
- Net cash provided by operating activities for the nine months ended March 31, 2026, increased to $296.5M from $215.9M in 2025.
- Repaid $199.0M aggregate principal amount of 0.00% Convertible Senior Notes due 2026.
- Launched Cross Training Series and Peloton Pro Series in October 2025, discontinuing some Original Series products.
- Continued 2025 Restructuring Plan, expecting $15.0M cash and $5.0M non-cash charges.
Price Impact
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