Peloton Interactive, Inc. income statement
In fiscal 2026, Peloton Interactive, Inc. reported revenue of $2.45bn, down 1.8% on the year before, operating income of $161m (a 6.6% margin) and net income of $63.2m, or $0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 435 | 915 | 1,826 | 4,022 | 3,582 | 2,800 | 2,701 | 2,491 | 2,446 |
| Cost of revenue | 245 | 531 | 988 | 2,567 | 2,884 | 1,877 | 1,494 | 1,223 | 1,159 |
| Gross profit | 190 | 384 | 838 | 1,454 | 698 | 924 | 1,207 | 1,268 | 1,287 |
| Research and development | 23 | 55 | 89 | 248 | 360 | 318 | 305 | 234 | 243 |
| Selling and marketing | 151 | 324 | 477 | 728 | 1,019 | 648 | 659 | 422 | 400 |
| General and administrative | 62 | 207 | 351 | 662 | 963 | 798 | 651 | 527 | 430 |
| Operating income | −48 | −202 | −81 | −188 | −2,734 | −1,197 | −529 | −36 | 161 |
| Interest expense | — | 2 | 2 | 15 | 43 | 97 | 113 | 135 | 124 |
| Income before tax | −48 | −196 | −68 | −198 | −2,808 | −1,258 | −552 | −116 | 63 |
| Income tax | 0 | 0 | 3 | −9 | 20 | 4 | −0 | 3 | −0 |
| Net income | −48 | −196 | −72 | −189 | −2,828 | −1,262 | −552 | −119 | 63 |
| Diluted EPS | −$0.22 | −$1.07 | −$0.32 | −$0.64 | −$8.77 | −$3.64 | −$1.51 | −$0.30 | $0.14 |
| Diluted shares (average) | 219m | 229m | 221m | 294m | 322m | 347m | 366m | 390m | 436m |
| EBITDA | −41 | −181 | −41 | −124 | −2,591 | −1,073 | −420 | 54 | 218 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 586 | 674 | 624 | 607 | 551 | 657 | 631 | 608 |
| Cost of revenue | 282 | 356 | 306 | 279 | 267 | 325 | 304 | 263 |
| Gross profit | 304 | 318 | 318 | 328 | 284 | 331 | 327 | 344 |
| Research and development | 59 | 60 | 60 | 56 | 62 | 65 | 59 | 57 |
| Selling and marketing | 82 | 153 | 107 | 81 | 67 | 152 | 98 | 84 |
| General and administrative | 120 | 131 | 151 | 125 | 101 | 103 | 110 | 116 |
| Operating income | 13 | −46 | −32 | 30 | 41 | −14 | 53 | 81 |
| Interest expense | 35 | 35 | 33 | 32 | 32 | 32 | 30 | 30 |
| Income before tax | 0 | −91 | −47 | 23 | 15 | −39 | 27 | 61 |
| Income tax | 1 | 1 | 1 | 1 | 1 | −0 | 0 | −1 |
| Net income | −1 | −92 | −48 | 22 | 14 | −39 | 26 | 62 |
| Diluted EPS | $0.00 | −$0.24 | −$0.12 | $0.06 | $0.03 | −$0.09 | $0.06 | $0.14 |
| EBITDA | 37 | −23 | −11 | 51 | 58 | 1 | 66 | 93 |
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