Peloton Interactive, Inc. (PTON) Income Statement
PTON FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsPTON revenue and net income
Where PTON's revenue goes
FY2026Each bar shows an amount and its share of revenue. PTON kept 2.6% of revenue as net income.
PTON profit margins
PTON growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −1.8% | −4.4% | −9.5% | — |
| Gross profit | +1.5% | +11.5% | −2.4% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PTON quarterly EPS vs estimates
Peloton Interactive beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.27).
PTON income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.45B | $2.49B | $2.70B | $2.80B | $3.58B | $4.02B | $1.83B | $915.0M | $435.0M | $218.6M |
| Cost of revenue | $1.16B | $1.22B | $1.49B | $1.87B | $2.88B | $2.57B | $988.2M | $531.4M | $245.4M | $144.7M |
| Gross profit | $1.29B | $1.27B | $1.21B | $927.2M | $698.4M | $1.45B | $837.7M | $383.6M | $189.6M | $73.9M |
| Research & development | $242.9M | $234.2M | $304.8M | $318.4M | $359.5M | $247.6M | $89.1M | $54.8M | $23.4M | $13.0M |
| Sales, general & admin | $819.4M | $948.9M | $1.30B | $1.34B | $1.91B | $1.39B | $828.1M | $531.0M | $213.8M | $131.6M |
| Total operating expenses | $1.10B | $1.30B | $1.74B | $2.12B | $3.43B | $1.64B | $918.4M | $585.8M | $237.2M | $144.6M |
| Operating income | $186.2M | −$36.2M | −$529.0M | −$1.20B | −$2.73B | −$187.8M | −$80.7M | −$202.2M | −$47.5M | −$70.7M |
| Interest income | $36.4M | $32.7M | $35.1M | $26.4M | $2.3M | $7.9M | $16.2M | $7.0M | $300,000 | $300,000 |
| Interest expense | $123.8M | $134.5M | $112.5M | $97.1M | $43.0M | $14.8M | $2.0M | $1.7M | $300,000 | $300,000 |
| Income before taxes | $63.1M | −$115.6M | −$551.7M | −$1.26B | −$2.81B | −$198.2M | −$68.4M | $195.6M | −$47.8M | −$71.1M |
| Income taxes | −$100,000 | $3.4M | $199,999 | $3.7M | $19.6M | −$9.2M | $3.3M | −$100,000 | $100,000 | — |
| Net income | $63.2M | −$118.9M | −$551.9M | −$1.26B | −$2.83B | −$189.0M | −$71.6M | −$195.5M | −$47.9M | −$71.1M |
| EBITDA | $236.1M | $108.6M | −$330.4M | −$648.8M | −$2.62B | −$119.6M | −$26.2M | −$172.2M | −$40.9M | −$67.0M |
| EPS (diluted) | $0.22 | −$0.18 | −$1.49 | −$2.93 | −$4.79 | −$0.30 | −$0.11 | −$0.14 | −$0.21 | −$2.63 |
| Gross margin | 52.6% | 50.9% | 44.7% | 33.1% | 19.5% | 36.2% | 45.9% | 41.9% | 43.6% | 33.8% |
| Operating margin | 7.6% | −1.5% | −19.6% | −42.8% | −76.3% | −4.7% | −4.4% | −22.1% | −10.9% | −32.3% |
| Net margin | 2.6% | −4.8% | −20.4% | −45.1% | −78.9% | −4.7% | −3.9% | −21.4% | −11.0% | −32.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $607.7M | $630.9M | $656.5M | $550.8M | $606.9M | $624.0M | $674.0M | $585.9M | $643.6M | $717.7M | $743.6M | $595.6M |
| Cost of revenue | $263.4M | $303.7M | $325.1M | $267.1M | $278.8M | $306.0M | $355.6M | $282.2M | $331.5M | $408.0M | $444.2M | $309.6M |
| Gross profit | $344.3M | $327.3M | $331.4M | $283.7M | $328.1M | $318.0M | $318.4M | $303.7M | $312.1M | $309.7M | $299.4M | $286.0M |
| Research & development | $57.0M | $58.8M | $65.0M | $62.1M | $55.8M | $59.6M | $60.3M | $58.5M | $69.4M | $76.8M | $79.9M | $78.7M |
| Sales, general & admin | $199.7M | $202.9M | $249.2M | $167.6M | $205.7M | $257.9M | $274.9M | $201.4M | $297.7M | $323.3M | $378.9M | $294.2M |
| Total operating expenses | $263.2M | $274.7M | $320.0M | $242.4M | $298.5M | $350.4M | $364.3M | $291.2M | $375.4M | $455.9M | $486.5M | $418.3M |
| Operating income | $81.1M | $52.5M | $11.3M | $41.3M | $29.6M | −$32.4M | −$45.9M | $12.5M | −$63.3M | −$146.2M | −$187.1M | −$132.3M |
| Interest income | $8.8M | $8.7M | $9.2M | $9.8M | $9.0M | $7.9M | $7.7M | $8.1M | $8.9M | $9.3M | $8.4M | $8.4M |
| Interest expense | $30.0M | $30.0M | $31.5M | $32.3M | $31.9M | $32.6M | $34.6M | $35.4M | $29.9M | $27.7M | $27.7M | $27.2M |
| Income before taxes | $60.6M | $26.9M | −$39.0M | $14.6M | $22.6M | −$46.9M | −$91.2M | −$100,000 | −$30.4M | −$166.7M | −$196.6M | −$158.5M |
| Income taxes | −$1.0M | $400,000 | −$200,000 | $700,000 | $1.1M | $800,000 | $700,000 | $800,000 | $100,000 | $600,000 | −$1.7M | $800,000 |
| Net income | $61.6M | $26.4M | −$38.7M | $13.9M | $21.6M | −$47.7M | −$92.0M | −$900,000 | −$30.5M | −$167.3M | −$194.9M | −$159.3M |
| EBITDA | $94.0M | $70.5M | $7.9M | $63.7M | $75.4M | $21.7M | −$33.8M | $68.6M | −$38.5M | −$111.9M | −$143.8M | −$56.1M |
| EPS (diluted) | $0.13 | $0.06 | −$0.03 | $0.06 | $0.05 | −$0.12 | −$0.19 | $0.08 | −$0.22 | −$0.45 | −$0.50 | −$0.32 |
| Gross margin | 56.7% | 51.9% | 50.5% | 51.5% | 54.1% | 51.0% | 47.2% | 51.8% | 48.5% | 43.2% | 40.3% | 48.0% |
| Operating margin | 13.3% | 8.3% | 1.7% | 7.5% | 4.9% | −5.2% | −6.8% | 2.1% | −9.8% | −20.4% | −25.2% | −22.2% |
| Net margin | 10.1% | 4.2% | −5.9% | 2.5% | 3.6% | −7.6% | −13.6% | −0.2% | −4.7% | −23.3% | −26.2% | −26.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PTON's financial statements (latest annual report filed August 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PTON financial results
In fiscal year 2026 (ended June 30, 2026), Peloton Interactive reported revenue of $2.4 billion, down 1.8% from the year before. It had net income of $63.2 million, a net profit margin of 2.6%. Diluted earnings per share came to $0.22. Over five years revenue grew at an average rate of −9.5% a year.
See the PTON stock overview for the latest quote and news, or the PTON chart for price history and technical indicators.
PTON income statement FAQ
What is Peloton Interactive's annual revenue?
Peloton Interactive reported total revenue of $2.4 billion for fiscal year 2026, which ended on June 30, 2026. That was down 1.8% from $2.5 billion the previous year.
Is Peloton Interactive profitable?
Yes. Peloton Interactive reported net income of $63.2 million in fiscal 2026, a net profit margin of 2.6%; its operating margin was 7.6%.
What is Peloton Interactive's gross margin?
Peloton Interactive's gross margin was 52.6% in fiscal 2026: for every $100 of revenue, Peloton Interactive kept $53 after the direct cost of its products and services.
How much does Peloton Interactive spend on research and development?
Peloton Interactive spent $242.9 million on research and development in fiscal 2026, 9.9% of revenue.
How fast is Peloton Interactive growing?
Revenue grew −9.5% a year on average over the last five fiscal years, from $4.0 billion to $2.4 billion.
What are Peloton Interactive's earnings per share?
Peloton Interactive earned $0.22 per diluted share in fiscal 2026, compared with $-0.18 a year earlier.
When will Peloton Interactive report its next earnings?
Peloton Interactive is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Peloton Interactive's fiscal year end?
Peloton Interactive's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on August 6, 2026.