Peloton 1Q Profit, Revenue Rise

By Josée Rose

Peloton Interactive's first-quarter profit and revenue rose on higher subscription revenue and more disciplined spending.

The interactive fitness equipment and digital workout company said net income was $96 million, or 19 cents a share, compared with $13.9 million, or 3 cents a share, a year earlier. Analysts polled by FactSet were expected earnings of 11 cents a share.

Total revenue rose 8% to $559 million, as subscription revenue rose to $410.7 million. Wall Street wanted $553 million in sales, with $412 coming from subscription revenue.

Paid fitness subscribers fell 9% from the year-ago quarter, to 2.475 million, while total members dropped to 5.3 million.

CEO Peter Stern said the company remains focused on unlocking new areas of growth and committed to its multiyear transformation through technology advancements and more digital personalized training through Peloton IQ.

The company also said more disciplined spending and more streamlined supply chain operations helped quarterly results. Its free cash flow as of Sept. 30 was $143.4 million.

Looking ahead, Peloton expects second-quarter revenue of $625 million to $650 million, and full-year revenue of $2.3 billion to $2.4 billion.

Peloton also expects second-quarter paid connected fitness subscriptions to be in the range of 2.425 million to 2.445 million.

Write to Josée Rose at josee.rose@wsj.com

(END) Dow Jones Newswires

November 05, 2026 07:49 ET (12:49 GMT)