Here are the 10-Q quarterly reports from Peloton Interactive, Inc. (PTON) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PTON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PTON filings page.
Peloton Interactive, Inc. (PTON) reported revenue of $559.2 million for the three months ended September 30, 2026, versus $550.8 million a year earlier, and net income of $96.2 million, versus $13.9 million. Gross profit was $342.6 million, versus $283.7 million, and Adjusted EBITDA was $167.8 million, versus $118.3 million. Operating cash flow was $145.7 million, compared with $71.9 million.
Peloton said it received refunds for substantially all IEEPA tariffs previously paid, reducing Connected Fitness Products cost of revenue. On October 9, 2026, it made a voluntary $280.0 million cash principal repayment on the Term Loan; the aggregate principal balance afterward was $697.5 million. In NEC’s patent case, a jury found infringement of the '101 patent and awarded $20.5 million in past damages; post-trial briefing was completed October 20, 2026.
Peloton Interactive reported improved results for the quarter ended March 31, 2026. Revenue was $630.9 million, slightly above $624.0 million a year earlier, with Subscription revenue of $428.0 million and Connected Fitness Products revenue of $202.9 million.
The company generated quarterly net income of $26.4 million, compared with a net loss of $47.7 million in the prior-year quarter, and has earned $1.6 million over the first nine months versus a $140.5 million loss a year ago. Gross profit for the quarter rose to $327.3 million.
Peloton ended the period with $1,126.3 million in cash and cash equivalents and total assets of $2,017.4 million. It repaid the remaining $199.0 million of its 0.00% convertible notes due 2026 and now carries a $1.0 billion term loan and $350.0 million of 5.50% convertible notes due 2029. Stockholders’ deficit narrowed to $241.9 million from $413.8 million.
The business continues to execute restructuring plans aimed at cost reduction and efficiency, incurring $7.8 million of restructuring and related impairment charges in the quarter. Peloton reports a highly engaged base of nearly 5.8 million Members, 2.662 million Ending Paid Connected Fitness Subscriptions, and maintains low 1.2% Average Net Monthly Paid Connected Fitness Subscription Churn.
Peloton Interactive, Inc. reported a narrower quarterly loss while remaining highly leveraged. For the quarter ended December 31, 2025, revenue was $656.5 million, slightly below $673.9 million a year earlier, as Connected Fitness product sales and subscription revenue both declined modestly.
The company’s net loss improved to $38.8 million from $92.0 million, helped by higher gross profit of $331.3 million and lower operating expenses, particularly in general and administrative costs. For the first six months, Peloton generated $27.0 million of income from operations versus a prior-year operating loss, signaling early benefits from ongoing restructuring.
Peloton produced $143.8 million of operating cash flow and $71.0 million of free cash flow in the first half, boosting cash and cash equivalents to $1,179.6 million and total cash, cash equivalents, and restricted cash to $1,223.2 million. However, the balance sheet shows significant debt, including $1.0 billion of term loans and $549.0 million of convertible notes, and a stockholders’ deficit of $326.7 million, underscoring continued financial risk despite improving profitability trends.
Peloton (PTON) reported Q1 FY26 results with total revenue of $550.8 million, down from $586.0 million a year ago. Gross profit was $283.7 million versus $303.8 million, and income from operations improved to $41.3 million from $12.5 million. Net income reached $13.9 million, or $0.03 per diluted share.
Subscription revenue was $398.4 million and Connected Fitness Products revenue was $152.4 million. Operating cash flow strengthened to $71.9 million, and cash and cash equivalents were $1,103.6 million as of September 30, 2025. The company’s stockholders’ deficit narrowed to $347.0 million from $413.8 million.
Peleton announced a 2025 Restructuring Plan with estimated additional cash charges of approximately $40.0 million and non-cash charges of approximately $5.0 million, expected to be substantially incurred by the end of fiscal 2026. The 5.50% Convertible Senior Notes due 2029 became convertible through December 31, 2025 after the stock exceeded the conversion-price threshold; the company’s current intention is to settle conversions before year-end in shares.