Connected Fitness Subscribers

Revenue segments as reported by the company.

Connected Fitness Products

Subscription

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Goodwill impairment

Impairment expense

Restructuring expense

Supplier settlements

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Peloton

Peloton Interactive, Inc. operates an at-home fitness platform for live and on-demand indoor cycling classes. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members. It operates through two reportable segments: Connected Fitness Products and Subscription. The Connected Fitness Product segment consists of sales of bike, tread & related accessories. The Subscription segment involves the monthly subscription and credits from live studio classes. Peloton Interactive was founded by John Foley, Graham Stanton, Thomas Cortese, Yony Feng and Hisao Kushi in 2012 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Peloton reports progress towards free cash flow break-even and international growth opportunities

Peloton's Q1 2023 earnings call highlighted progress towards free cash flow break-even, challenges related to subscriber growth and churn behavior, and opportunities for international growth and an asset-light model. The company emphasized its brand repositioning, competitive advantages, and the importance of engagement in shaping churn behavior.

Peloton maintains revenue stability, faces delivery delays, and operational challenges

Peloton's Q2 2023 Earnings Call highlighted steady revenue projections, operational challenges in delivery delays, and a focus on balancing growth and free cash flow objectives. The company's strengths include a dedicated team, successful content, and instructor strategies, while facing challenges in forecasting post-pandemic consumer behavior and managing churn rates.

Peloton progresses towards free cash flow break-even amid strategic shifts

Peloton's Q3 2023 earnings call highlighted progress towards free cash flow break-even, a strategic shift towards a subscription-based model, and a focus on customer engagement and retention.
The company's strengths lie in its app-centric strategy, content quality, partnerships, and focus on customer lifetime value, while facing challenges in seasonality, churn dynamics, and operational optimizations.
Opportunities for Peloton include app launch, international expansion, subscription model transition, and strategic trade-offs to enhance profitability and drive growth through content innovation and customer acquisition strategies.
Overall, Peloton's performance reflects a balanced approach towards financial sustainability, growth, and customer-centric strategies to navigate challenges and capitalize on opportunities in the fitness and digital content market.

Peloton reports strong sales and optimistic growth outlook for '24

Peloton's Q4 '23 Earnings Call highlighted strong sales performance and positive free cash flow expectations.
The company faces challenges from unexpected issues but remains optimistic about growth initiatives and future prospects.
Key strengths include successful brand relaunch, Digital app performance, and focus on user retention strategies.
Opportunities for growth include expanding co-branded bikes, optimizing marketing strategies, and driving user engagement.

Peloton reports strong Q1 earnings, eyes FaaS growth optimization

Peloton's Q1 earnings call highlighted robust revenue growth, positive engagement trends, and strategic expense management. The company's strengths lie in revenue-sharing partnerships, strong NPS scores, and the promising FaaS rental business. Challenges include cautious FaaS growth management and efforts to optimize program economics, while opportunities exist in partnerships, content expansions, and program enhancements.

Peloton excels in Q2 with strong demand and growth strategies

Peloton's Q2 2024 performance was marked by strong demand, sales mix shift, and engagement improvements.
The company faces challenges such as inventory issues, lower free cash flow guidance, and user churn rates.
Opportunities lie in marketing efficiency optimization, product innovation, and content partnerships for growth.
Overall, Peloton's focus on enhancing user experience and driving growth through strategic initiatives is evident.

Peloton achieves positive free cash flow, focuses on cost reduction

Peloton's Q3 performance showed revenue growth, subscriber base expansion, and a focus on cost reduction and positive free cash flow.
Strengths lie in market leadership, financial discipline, international growth focus, and alignment with health and wellness trends.
Challenges include underperformance in app subscriptions, higher churn, and the need for refining acquisition and retention strategies.
Opportunities exist in Tread market potential, app strategy enhancements, disciplined investments, and long-term health and wellness trends.
Peloton remains committed to its mission of connecting individuals through fitness and aims to ensure financial stability and growth.

Peloton reports positive Q4 earnings, focuses on profitability and growth

Peloton's Q4 performance showcased financial stability, operational efficiency, and strategic partnerships driving revenue growth.
While facing challenges such as declining hardware sales and subscriber numbers, the company's focus on profitability and efficiency bodes well for future success.
Opportunities lie in diversifying revenue streams, enhancing content offerings, and optimizing operational efficiency for sustained growth.
Overall, Peloton's Q4 earnings call highlighted a mix of strengths, challenges, and opportunities that position the company for continued success in the evolving fitness market.

Peloton surpasses Q1 expectations, faces challenges in subscription management

Peloton's Q1 2025 performance exceeded expectations, driven by international growth and cost-saving measures, while facing challenges in managing subscriptions and balancing expenses.
Strengths lie in new leadership, efficient marketing strategies, and content innovation, with opportunities in retail optimization, content diversification, and international expansion.
To sustain growth, Peloton must address challenges in subscription management, navigate international complexities, and continue investing in content and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Peloton Interactive, Inc. provides an at-home fitness platform for live and on-demand indoor cycling classes. The firm pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members. It operates through the Connected Fitness Products and Subscription segments. The Connected Fitness Products segment includes the sales of bikes, tread & related accessories. The Subscription segment refers to the monthly subscription and credits from live studio classes. The company was founded by John Foley, Graham Stanton, Thomas Cortese, Yony Feng, and Hisao Kushi in 2012 and is headquartered in New York, NY.

Peloton has lost its CEO after a failed turnaround, leaving no strategy other than cost-cutting. Rumors of a private equity buyout have emerged, but with the company burning cash and the balance sheet upside down, a premium to the current stock price looks unlikely.

Don't Buy Peloton Stock on Buyout Rumors

NEW YORK , May 21, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced the pricing of $300.0 million aggregate principal amount of Convertible Senior Notes due 2029 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act"), an upsize from the previously announced offering size of $275.0 million. Peloton also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $50.0 million aggregate principal amount of the notes.

PELOTON INTERACTIVE, INC. ANNOUNCES PRICING OF OFFERING OF $300.0 MILLION 5.50% CONVERTIBLE SENIOR NOTES DUE 2029

Peloton announced a new debt offering. The move comes after years of challenges in the business.

Why Peloton Stock Tumbled Today

Peloton Interactive (PTON) shares plunged Tuesday after the struggling fitness equipment maker and exercise program provider announced what it called a “global refinancing” plan to rework its debt.

Peloton Interactive Stock Tumbles As Company Takes Steps to Rework Debt

Peloton plans on using the proceeds from the offering of the notes and the new credit facilities to repurchase about $800 million of its convertible senior notes due 2026.

Peloton Stock Is Falling. Company Announces ‘Global Refinancing.

Peloton Interactive Inc (NASDAQ:PTON) headed almost 4% lower in pre-market trading on Tuesday after unveiling a debt refinancing plan as it grapples with muted demand. An offer for US$275 million worth of convertible loan notes was announced on Monday, with these set to mature in 2029.

Peloton slips on new debt refinancing plan

Unable to regain sales for its exercise equipment, software, and subscription products, and without a chief executive officer, Peloton Interactive Inc.

Penny Stock Peloton Falls Toward Zero

Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in a private offering and enter into a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility, Peloton said in a Monday (May 20) press release.

Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring

Peloton has launched a “global refinancing” so it can buy back its debt and extend its loan maturities.

Peloton shares drop after it announces refinancing to stave off cash crunch

Peloton Interactive said on Monday it will sell $275 million of convertible notes due 2029 as the fitness equipment maker looks to refinance its debt and return to growth after 13 straight quarters of losses.

Peloton to sell $275 mln of convertible notes to refinance debt

Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company's stock 8% lower in the after-hours session.

Peloton unveils convertible-debt refinancing, and its stock falls 8%

NEW YORK , May 20, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced that it intends to launch a global refinancing, pursuant to which it will offer $275.0 million aggregate principal amount of convertible senior notes due 2029 (the "notes") in a private offering (the "offering") and enter into a $1.0 billion five-year term loan facility (the "new term loan facility") and a $100.0 million five-year revolving credit facility (together with the new term loan facility, the "new credit facilities"). Peloton also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $41.3 million aggregate principal amount of the notes.

PELOTON INTERACTIVE, INC. ANNOUNCES LAUNCH OF GLOBAL REFINANCING

Peloton provided shareholders with another disappointing financial update. There are rumors swirling about a potential buyout of the business.

Peloton Stock Is Making a Big Move: Is It a No-Brainer Buy With $100 Right Now?

NEW YORK, NY / ACCESSWIRE / May 16, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Peloton Interactive, Inc. (NASDAQ:PTON). The settlement provides for a fund of $13,950,000 to benefit class members.

Levi & Korsinsky, LLP Notifies Shareholders of Peloton Interactive, Inc. (PTON) an Upcoming Claims Deadline in a Class Action Settlement

E2open Parent Holdings

indie Semiconductor

Nordstrom

Paramount Global

Rapid7

Under Armour

With global mergers and acquisitions (M&A) volume set to rise by 50% this year, you may be interested in some of the top buyout stocks to buy. After all, when financial acquirers, like private equity firms, make an offer for a public company, they typically pony up a big premium to the stock's trading price.

Buyout Bonanza: 7 Undervalued Gems Ripe for a Private Equity Takeover

Trump Media & Technology Group Corp

Rivian Automotive

Bankruptcy is simply a legal proceeding in which companies seek relief when unable to repay their debts. Although it relieves the debt burden, the effects of bankruptcy on a stock are often fatal.

Buyer Beware: 3 Stocks Teetering on the Brink of Bankruptcy in 2024

Could the rumors be true? Private equity firms are circling fitness company Peloton Interactive Inc. NASDAQ: PTON for a potential buyout.

Peloton Stock Is Now a Buyout Target, What's It Worth?

Boeing

Intel

While it's not dominating the news cycle like it did during the meme stock craze of 2021, the Reddit (NYSE: RDDT ) message board r/WallStreetBets is still going strong. The sub-Reddit is still a main gathering place for retail investors to discuss, debate and dissect stocks and share ideas.

3 Stocks to Sell That Even r/WallStreetBets Won't Touch

Peloton became a household name due to the popularity of its digitally connected exercise equipment. The company has struggled to expand its business model in recent years.

Where Will Peloton Stock Be in 5 Years?

MicroStrategy Incorporated

Wingstop

The stock market has trended higher over the last month as this has proven to be one of the best earnings seasons in years. With over three-quarters of companies having now reported, earnings have grown around 5% in the last quarter.

Offload These Overdue Stocks: 3 to Purge From Your Portfolio ASAP

Private equity firms are reportedly eyeing Peloton as a takeover target. This may be a good outcome for everyone as Peloton's turnaround has stalled.

Why Peloton's Shares Jumped 31.5% This Week

Connected rowing company Hydrow is growing and Peloton is shrinking as fitness buffs move away from cardio in favor of weights.

Fitness startup that Peloton once tried to buy is growing as the pandemic darling shrinks

A buyout might be the best for everyone at Peloton.

Is Peloton a Perfect Buyout Target?

We also talk about big oil and chat with Tom Chivers, author of "Everything Is Predictable: How Bayesian Statistics Explain Our World."

Peloton Needs a Wizard

Crocs

Disney

Palantir Technologies

Ferrari

UBS Group AG

Markets Defused aims to present an easy-to-understand and straightforward recap of the day's most engaging stock market news.   BP profits ‘miss' expectations Disney drops but streaming turns first profit Peloton stock rallies on takeover talk Crocs stock stomps higher despite Heydude slippage Ferrari revved up financial results, investor wanted more UBS financials smashed expectations Boeing on back foot again as FAA launches investigation Palantir's 2024 revenue forecast got a big AI boost   BP profits ‘miss' expectations London-listed oil major BP PLC (LSE:BP.

News for Peloton Stock (PTON)