Peloton's first profit: 247,000 fewer members paying more
A $63.2M profit after eight years of losses. Subscribers fell 8.8% while subscription revenue held flat, and 93% of gross profit now comes from subscriptions.
5 primary sourcesTicker · 1 article
PTON
Every article on this page was built from the company's own filings. The documents they were read from are listed below, so you can check any figure yourself.
Last checked Aug 19, 2026All companies
Figures we worked out for PTON
Not a data feed. Each of these was calculated inside one of the articles above, from the filings listed at the bottom of this page. The arithmetic is shown so you can redo it — and it is re-run every time this site is built.
| Figure | Value | Arithmetic |
|---|---|---|
| Peloton's first profit: 247,000 fewer members paying more | ||
| Subscriber change, fiscal 2026 | −8.8% | 2.553 / 2.800 - 1 |
| Subscribers lost, in millions | 0.247 | 2.800 - 2.553 |
| Subscription revenue change | +0.1% | 1675.6 / 1673.7 - 1 |
| Revenue per average subscription, fiscal 2026 | $626 | 1675.6 / ((2.800 + 2.553) / 2) |
| Revenue per average subscription, fiscal 2025 | $580 | 1673.7 / ((2.976 + 2.800) / 2) |
| Increase in revenue per average subscription | +8.0% | (1675.6 / ((2.800 + 2.553) / 2)) / (1673.7 / ((2.976 + 2.800) / 2)) - 1 |
| Subscription share of total gross profit | +93.0% | 1196.3 / 1286.7 |
| Connected Fitness Products gross margin | +11.7% | 90.4 / 770.4 |
| Connected Fitness Products revenue change | −5.7% | 770.4 / 817.1 - 1 |
| Revenue against the fiscal 2021 peak | −39.2% | 2446.0 / 4021.8 - 1 |
| Free cash flow, fiscal 2026 | $378m | 387.6 - 9.9 |
| Non-cash add-backs as a share of operating cash flow | +66.0% | (198.6 + 57.2) / 387.6 |
| Inventory release as a share of operating cash flow | +18.1% | (205.6 - 135.4) / 387.6 |
| Interest expense against operating income | +77.0% | 123.8 / 160.7 |
| Deferred revenue change over two years | −14.8% | 139.5 / 163.7 - 1 |
| Close-to-close move on 6 August 2026 | −15.6% | 5.5050 / 6.5200 - 1 |
| Opening gap on 6 August 2026 | −9.5% | 5.9000 / 6.5200 - 1 |
| Move from pre-results close to 18 August 2026 | −18.6% | 5.3100 / 6.5200 - 1 |
| Diluted share count increase over two years | +19.3% | 436.2 / 365.5 - 1 |
19 figures from 1 article. Totals and industry averages that belong to no single company are not listed here.
Primary sources used
- Peloton Interactive — Form 10-K, fiscal year ended June 30 2026Key operational metrics table, segment revenue and gross profit, cash flow statement
- SEC XBRL company concept — NetIncomeLoss, Peloton (CIK 0001639825)Every annual figure as filed, fiscal 2018 through fiscal 2026
- SEC XBRL company concept — PaymentsToAcquireProductiveAssets, PelotonWhere capital expenditure is filed — not the standard capex tag
- Daily closing prices, PTON, July–August 2026 (market data, not a filing)Close-to-close moves quoted in this article · prices may be delayed and are not from a filing
- Peloton Interactive — SEC EDGAR filing historyCIK 0001639825 · fiscal year ends 30 June
5documents, deduplicated. Links go to the original filing, not to a summary.