Peloton Interactive, Inc. (PTON) Balance Sheet
PTON balance sheet, FY2026
June 30, 2026 · U.S. dollars$2.06B assets = $2.20B liabilities + −$139.7M equity
Liabilities exceed assets: shareholders’ equity is negative (−$139.7M).
Both columns are drawn to the same scale: what PTON owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PTON financial health
Descriptive bands, not a rating. Fiscal FY2026.
PTON balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $198.7MFY2017 | $2.06BFY2026 | +29.6%/yr | |
| Total liabilities | $74.1MFY2017 | $2.20BFY2026 | +45.7%/yr | |
| Shareholders’ equity | $124.6MFY2017 | −$139.7MFY2026 | — | |
| Cash & short-term investments | $155.0MFY2017 | $49.8MFY2026 | −11.9%/yr | |
| Total debt | $3.1MFY2017 | $1.71BFY2026 | +101.7%/yr | |
| Net cash (debt) | $151.9MFY2017 | −$1.66BFY2026 | −$1.8B | |
| Working capital | $117.5MFY2017 | $964.4MFY2026 | +$846.9M | |
| Book value per share | $0.53FY2017 | −$0.27FY2026 | — | |
| Current ratio | 2.85FY2017 | 2.84FY2026 | −0.01 | |
| Debt / equity | 0.02FY2017 | 4.00FY2022 | +3.98 | |
| Shares outstanding | 233.6MFY2017 | 521.2MFY2026 | +9.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PTON assets
PTON liabilities and equity
PTON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PTON balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $49.8M | $1.04B | $697.6M | $813.9M | $1.25B | $1.61B | $1.75B | $378.1M | $150.6M | $155.0M |
| Cash & equivalents | $49.8M | $1.04B | $697.6M | $813.9M | $1.25B | $1.13B | $1.04B | $162.1M | $150.6M | $155.0M |
| Short-term investments | — | — | — | — | $1.4M | $472.0M | $719.5M | $216.0M | $0 | — |
| Receivables | $82.5M | $101.2M | $103.6M | $97.2M | $83.6M | $71.4M | $34.6M | $18.5M | $9.4M | $3.8M |
| Inventory | $81.3M | $205.6M | $329.7M | $522.6M | $1.10B | $937.1M | $244.5M | $136.6M | $25.3M | $15.7M |
| Other current assets | $1.28B | $91.3M | $135.1M | $205.4M | $192.6M | $202.8M | $124.5M | $48.5M | $18.5M | $6.6M |
| Total current assets | $1.49B | $1.44B | $1.27B | $1.64B | $2.63B | $2.82B | $2.16B | $581.7M | $203.8M | $181.1M |
| Property, plant & equipment (net) | $448.4M | $577.9M | $788.6M | $969.0M | $1.27B | $1.17B | $734.8M | $250.0M | $36.1M | $15.4M |
| Goodwill & intangible assets | $55.7M | $46.9M | $56.1M | $66.7M | $82.4M | $457.8M | $55.1M | $23.8M | $28.7M | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $62.4M | $62.9M | $74.5M | $94.3M | $38.1M | $37.7M | $33.3M | $9.0M | $2.6M | $2.2M |
| Total assets | $2.06B | $2.13B | $2.19B | $2.77B | $4.03B | $4.49B | $2.98B | $864.5M | $271.2M | $198.7M |
| Liabilities | ||||||||||
| Accounts payable | $53.5M | $66.7M | $85.4M | $76.5M | $93.0M | $364.4M | $135.8M | $92.2M | $28.1M | $8.4M |
| Short-term debt | $72.5M | $278.6M | $85.3M | $91.0M | $93.9M | $61.9M | $36.9M | $3.3M | $51.4M | $8.2M |
| Deferred revenue | −$11.0M | $150.7M | $163.7M | $187.3M | $201.1M | $164.8M | $363.6M | $90.8M | $88.5M | $1.3M |
| Total current liabilities | $525.0M | $803.9M | $685.2M | $761.4M | $1.11B | $1.24B | $772.2M | $290.8M | $170.2M | $63.6M |
| Long-term debt | $1.29B | $1.29B | $1.49B | $1.68B | $1.55B | $829.8M | $0 | $0 | $0 | $2.1M |
| Lease obligations | $410.2M | $477.6M | $578.6M | $677.3M | $811.8M | $682.3M | $555.1M | — | — | — |
| Other long-term liabilities | $381.5M | $444.6M | $529.1M | $624.0M | $776.1M | $658.7M | $531.6M | $171.2M | $416.6M | $8.4M |
| Total liabilities | $2.20B | $2.54B | $2.70B | $3.06B | $3.44B | $2.73B | $1.30B | $462.0M | $586.8M | $74.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | — | — | — | — | — | — | — | — | — | $0 |
| Retained earnings (deficit) | −$5.54B | −$5.60B | −$5.48B | −$4.93B | −$3.71B | −$883.0M | −$693.9M | −$629.5M | −$336.1M | −$287.8M |
| Accumulated other comprehensive income | $15.0M | $5.1M | $15.9M | $16.8M | $12.2M | $18.2M | $10.1M | $200,000 | −$9.5M | $0 |
| Total shareholders' equity | −$139.7M | −$413.7M | −$519.2M | −$295.2M | $592.9M | $1.75B | $1.68B | $402.5M | −$315.6M | $124.6M |
| Key figures | ||||||||||
| Total debt | $1.71B | $1.98B | $2.08B | $2.36B | $2.37B | $1.51B | $545.1M | $147.1M | $51.4M | $3.1M |
| Net cash (debt) | −$1.66B | −$937.1M | −$1.38B | −$1.55B | −$1.12B | $94.7M | $1.21B | $231.0M | $99.2M | $151.9M |
| Working capital | $964.4M | $633.7M | $580.8M | $877.7M | $1.53B | $1.58B | $1.39B | $290.9M | $33.6M | $117.5M |
| Tangible book value | −$195.4M | −$460.6M | −$575.3M | −$361.9M | $510.5M | $1.30B | $1.62B | $378.7M | −$344.3M | $124.6M |
| Book value per share | −$0.27 | −$1.06 | −$1.42 | −$0.85 | $1.84 | $5.97 | $7.59 | $1.45 | −$1.35 | $0.53 |
| Shares outstanding | 521.2M | 390.0M | 365.5M | 346.7M | 322.4M | 293.9M | 221.0M | 277.8M | 233.6M | 233.6M |
| Current ratio | 2.84 | 1.79 | 1.85 | 2.15 | 2.38 | 2.27 | 2.80 | 2.00 | 1.20 | 2.85 |
| Quick ratio | 0.25 | 1.42 | 1.17 | 1.20 | 1.21 | 1.35 | 2.32 | 1.36 | 0.94 | 2.50 |
| Debt / equity | — | — | — | — | 4.00 | 0.86 | 0.32 | 0.37 | — | 0.02 |
| Equity / assets | −6.8% | −19.5% | −23.8% | −10.7% | 14.7% | 39.1% | 56.3% | 46.6% | −116.4% | 62.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $49.8M | $1.04B | $1.18B | $1.10B | $1.04B | $914.3M | $829.0M | $722.3M | $697.6M | $794.5M | $737.7M | $748.5M |
| Cash & equivalents | $49.8M | $1.04B | $1.18B | $1.10B | $1.04B | $914.3M | $829.0M | $722.3M | $697.6M | $794.5M | $737.7M | $748.5M |
| Receivables | $82.5M | $101.2M | $94.6M | $70.4M | $101.2M | $93.6M | $96.8M | $101.8M | $103.6M | $101.7M | $141.0M | $99.8M |
| Inventory | $81.3M | $205.6M | $214.9M | $237.7M | $205.6M | $213.5M | $257.8M | $333.3M | $329.7M | $354.4M | $427.2M | $514.6M |
| Other current assets | $1.28B | $91.3M | $67.1M | $100.4M | $91.3M | $118.9M | $123.9M | $127.7M | $135.1M | $170.4M | $220.6M | $224.6M |
| Total current assets | $1.49B | $1.44B | $1.56B | $1.51B | $1.44B | $1.34B | $1.31B | $1.29B | $1.27B | $1.42B | $1.53B | $1.59B |
| Property, plant & equipment (net) | $448.4M | $577.9M | $502.2M | $548.0M | $577.9M | $608.9M | $681.9M | $747.4M | $788.6M | $852.4M | $897.9M | $935.3M |
| Goodwill & intangible assets | $55.7M | $46.8M | $45.1M | $47.4M | $46.9M | $49.0M | $51.2M | $53.6M | $56.1M | $58.7M | $61.3M | $64.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $62.4M | $63.0M | $61.1M | $62.6M | $62.9M | $66.6M | $69.2M | $71.0M | $74.5M | $76.4M | $83.7M | $86.0M |
| Total assets | $2.06B | $2.13B | $2.16B | $2.17B | $2.13B | $2.06B | $2.11B | $2.16B | $2.19B | $2.41B | $2.57B | $2.67B |
| Liabilities | ||||||||||||
| Accounts payable | $53.5M | — | $349.5M | $356.8M | $66.7M | — | — | $101.8M | $85.4M | $436.7M | $510.9M | $479.6M |
| Short-term debt | $72.5M | $278.6M | $276.3M | $276.3M | $278.6M | $278.7M | $80.1M | $83.0M | $85.3M | $85.6M | $86.6M | $87.2M |
| Deferred revenue | −$11.0M | $150.7M | $155.7M | $140.6M | $150.7M | $156.4M | $159.7M | $154.5M | $163.7M | $182.3M | $189.2M | $173.7M |
| Total current liabilities | $525.0M | $803.9M | $784.8M | $795.0M | $803.9M | $811.7M | $634.7M | $640.2M | $685.2M | $745.5M | $793.3M | $750.0M |
| Long-term debt | $1.29B | $1.29B | $1.29B | $1.29B | $1.29B | $1.29B | $1.49B | $1.49B | $1.49B | $1.68B | $1.68B | $1.68B |
| Lease obligations | $410.2M | $429.9M | $448.2M | $463.9M | $477.6M | $492.7M | $527.2M | $555.0M | $578.6M | $621.6M | $645.4M | $665.4M |
| Other long-term liabilities | $381.5M | $445.8M | $416.7M | $432.2M | $444.6M | $453.5M | $483.0M | $507.7M | $529.1M | $569.9M | $593.5M | $613.4M |
| Total liabilities | $2.20B | $2.54B | $2.49B | $2.52B | $2.54B | $2.56B | $2.61B | $2.64B | $2.70B | $3.00B | $3.07B | $3.04B |
| Shareholders' equity | ||||||||||||
| Retained earnings (deficit) | −$5.54B | −$5.60B | −$5.63B | −$5.59B | −$5.60B | −$5.62B | −$5.58B | −$5.48B | −$5.48B | −$5.45B | −$5.29B | −$5.09B |
| Accumulated other comprehensive income | $15.0M | $5.1M | $11.6M | $8.4M | $5.1M | $3.2M | $19.0M | $6.0M | $15.9M | $17.4M | $19.5M | $18.7M |
| Total shareholders' equity | −$139.7M | −$413.8M | −$326.7M | −$347.1M | −$413.7M | −$491.3M | −$497.2M | −$480.4M | −$519.2M | −$590.4M | −$499.3M | −$370.9M |
| Key figures | ||||||||||||
| Total debt | $1.71B | $1.03B | $2.33B | $1.96B | $1.98B | $1.99B | $2.03B | $2.05B | $2.08B | $2.31B | $2.33B | $2.35B |
| Net cash (debt) | −$1.66B | $9.8M | −$1.15B | −$859.0M | −$937.1M | −$1.08B | −$1.20B | −$1.33B | −$1.38B | −$1.52B | −$1.60B | −$1.60B |
| Working capital | $964.4M | $633.7M | $771.4M | $717.1M | $633.7M | $528.6M | $672.8M | $644.9M | $580.8M | $675.5M | $733.2M | $837.5M |
| Tangible book value | −$195.4M | −$460.6M | −$371.8M | −$394.5M | −$460.6M | −$540.3M | −$548.4M | −$534.0M | −$575.3M | −$649.1M | −$560.6M | −$434.9M |
| Book value per share | −$0.27 | −$0.95 | −$0.78 | −$0.81 | −$1.03 | −$1.25 | −$1.29 | −$1.27 | −$1.39 | −$1.60 | −$1.38 | −$1.03 |
| Shares outstanding | 521.2M | 433.3M | 417.2M | 430.0M | 402.4M | 394.0M | 385.6M | 378.8M | 373.5M | 367.9M | 362.3M | 358.5M |
| Current ratio | 2.84 | 1.79 | 1.98 | 1.90 | 1.79 | 1.65 | 2.06 | 2.01 | 1.85 | 1.91 | 1.92 | 2.12 |
| Quick ratio | 0.25 | 1.42 | 1.62 | 1.48 | 1.42 | 1.24 | 1.46 | 1.29 | 1.17 | 1.20 | 1.11 | 1.13 |
| Equity / assets | −6.8% | −19.5% | −15.1% | −16.0% | −19.5% | −23.8% | −23.6% | −22.3% | −23.8% | −24.5% | −19.4% | −13.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 6, 2026); data from EODHD.
PTON financial position
At the end of fiscal 2026 (June 30, 2026), Peloton Interactive had total assets of $2.1 billion (down 3.3% from a year earlier), total liabilities of $2.2 billion and shareholders' equity of -$139.7 million. It held $49.8 million in cash and short-term investments against $1.7 billion of debt, net debt of $1.7 billion. Its current ratio was 2.84.
Related: PTON income statement, PTON cash flow statement, PTON key metrics. See the PTON stock overview for the latest quote and news.
PTON balance sheet FAQ
What are Peloton Interactive's total assets?
Peloton Interactive reported total assets of $2.1 billion at the end of fiscal 2026 (June 30, 2026), compared with $2.1 billion a year earlier.
How much debt does Peloton Interactive have?
Peloton Interactive had $1.7 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Peloton Interactive have?
Peloton Interactive held $49.8 million in cash and short-term investments at the end of fiscal 2026; with $1.7 billion of debt that is net debt of $1.7 billion.
What is Peloton Interactive's book value?
Peloton Interactive's shareholders' equity (book value) was -$139.7 million at the end of fiscal 2026, or −$0.27 per share.
What is Peloton Interactive's current ratio?
Peloton Interactive had current assets of $1.5 billion and current liabilities of $525.0 million, a current ratio of 2.84 (it can cover its short-term obligations).
How much goodwill does Peloton Interactive have?
Peloton Interactive carried $55.7 million of goodwill and intangible assets, 2.7% of total assets, at the end of fiscal 2026.