Peloton Interactive, Inc. (PTON) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-07-01 to 2026-06-30

Swipe to see the full flow
Peloton Interactive, Inc. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $63,200,000.00Stock-based compensation expense → Operating adjustments reconciliation: $198,600,000.00Inventories → Operating adjustments reconciliation: $81,300,000.00Depreciation and amortization expense → Operating adjustments reconciliation: $57,200,000.00Non-cash operating lease expense → Operating adjustments reconciliation: $49,800,000.00Impairment expense → Operating adjustments reconciliation: $34,600,000.00Prepaid expenses and other current assets → Operating adjustments reconciliation: $34,200,000.00Accounts receivable → Operating adjustments reconciliation: $18,600,000.00Net foreign currency adjustments → Operating adjustments reconciliation: $10,100,000.00Amortization of debt discount and issuance costs → Operating adjustments reconciliation: $9,500,000.00Remaining operating cash flows, net (calculated) → Operating adjustments reconciliation: $100,000.00Operating adjustments reconciliation → Net cash from operating activities: $324,400,000.00Operating adjustments reconciliation → Operating lease liabilities, net: $77,300,000.00Operating adjustments reconciliation → Accounts payable and accrued expenses: $71,100,000.00Operating adjustments reconciliation → Deferred revenue and customer deposits: $11,000,000.00Operating adjustments reconciliation → Other liabilities: $5,500,000.00Operating adjustments reconciliation → Other assets: $4,700,000.00Net cash used in investing activities → investing reconciliation: $21,400,000.00investing reconciliation → Business combinations and asset acquisitions: $11,400,000.00investing reconciliation → Capital expenditures: $9,900,000.00investing reconciliation → Remaining investing cash flows, net (calculated): $100,000.00Net cash used in financing activities → financing reconciliation: $207,600,000.00Proceeds from employee stock purchase plan withholdings → financing reconciliation: $3,500,000.00Proceeds from employee stock plans → financing reconciliation: $600,000.00financing reconciliation → Payment of principal on convertible notes: $199,000,000.00financing reconciliation → Principal repayment of term loan: $10,000,000.00financing reconciliation → Taxes withheld and paid on employee stock awards: $2,200,000.00financing reconciliation → Principal repayments of finance leases: $300,000.00financing reconciliation → Remaining financing cash flows, net (calculated): $200,000.00Exchange-rate effect → Cash sources and uses: $3,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,085,800,000.00Net cash from operating activities → Cash sources and uses: $387,600,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,247,400,000.00Cash sources and uses → Net cash used in investing activities: $21,400,000.00Cash sources and uses → Net cash used in financing activities: $207,600,000.00Net income (loss): $63,200,000.00Net income (loss)+$63.20 MDepreciation and amortization expense: $57,200,000.00Depreciation & amortization+$57.20 MStock-based compensation expense: $198,600,000.00Stock-based compensation+$198.60 MNon-cash operating lease expense: $49,800,000.00Non-cash operating lease expense+$49.80 MAmortization of debt discount and issuance costs: $9,500,000.00Debt cost amortization+$9.50 MImpairment expense: $34,600,000.00Long-lived asset impairment+$34.60 MNet foreign currency adjustments: $10,100,000.00FX transaction gain & loss+$10.10 MAccounts receivable: $18,600,000.00Accounts receivable+$18.60 MInventories: $81,300,000.00Inventories+$81.30 MPrepaid expenses and other current assets: $34,200,000.00Prepaid & other assets+$34.20 MOther assets: -$4,700,000.00Other operating assets−$4.70 MAccounts payable and accrued expenses: -$71,100,000.00Payables & accrued liabilities−$71.10 MDeferred revenue and customer deposits: -$11,000,000.00Deferred revenue−$11.00 MOperating lease liabilities, net: -$77,300,000.00Operating lease liabilities−$77.30 MOther liabilities: -$5,500,000.00Other operating liabilities−$5.50 MLoss on sale of subsidiary: -$0.00Loss on debt extinguishment of term loan: -$0.00Gain on debt extinguishment of convertible notes: -$0.00Remaining operating cash flows, net (calculated): $100,000.00Remaining operating (calculated)+$100.00 KNet cash from operating activities: $387,600,000.00Operating cash+$387.60 MOperating adjustments reconciliation: $494,000,000.00Principal repayment of term loan: -$10,000,000.00Long-term debt repaid−$10.00 MPayment of principal on convertible notes: -$199,000,000.00Convertible notes principal paid−$199.00 MProceeds from issuance of convertible notes, net of issuance costs: $0.00Proceeds from issuance of term loan, net of issuance costs: $0.00Proceeds from employee stock purchase plan withholdings: $3,500,000.00Employee stock plan proceeds+$3.50 MProceeds from employee stock plans: $600,000.00Stock option exercises+$600.00 KTaxes withheld and paid on employee stock awards: -$2,200,000.00Stock-award tax withholding−$2.20 MPrincipal repayments of finance leases: -$300,000.00Finance lease payments−$300.00 KRemaining financing cash flows, net (calculated): -$200,000.00Remaining financing (calculated)−$200.00 KNet cash used in financing activities: -$207,600,000.00. Cash required to fund net payments.Financing cash−$207.60 Mfinancing reconciliation: $211,700,000.00Proceeds from sale of Peloton Output Park: $0.00Capital expenditures: -$9,900,000.00Capital expenditures−$9.90 MBusiness combinations and asset acquisitions: -$11,400,000.00Business & asset acquisitions−$11.40 MProceeds from sales of subsidiary and net assets: $0.00Remaining investing cash flows, net (calculated): -$100,000.00Remaining investing (calculated)−$100.00 KNet cash used in investing activities: -$21,400,000.00. Cash required to fund net payments.Investing cash−$21.40 Minvesting reconciliation: $21,400,000.00Cash sources and uses: $1,476,400,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,085,800,000.00Beginning cash$1.09 BEnding cash: Cash, cash equivalents, and restricted cash: $1,247,400,000.00Ending cash$1.25 BExchange-rate effect: $3,000,000.00FX effect+$3.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$377.70 MOperating cash − cash spent on productive assetsCash flow / Net income6.13×Operating cash flow ÷ net incomeNet cash change+$161.60 MEnding cash − beginning cash
Chart details

Peloton Interactive, Inc. cash flow reconciliation, Jul 1, 2025 through Jun 30, 2026

Cash flows for Jul 1, 2025 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2025
1,085,800,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
387,600,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. The filing's tagged operating lines do not add up to the operating total; this is the difference. It may combine inflows and outflows.
Net income (loss)
63,200,000 US dollars
Depreciation and amortization expense
57,200,000 US dollars
Stock-based compensation expense
198,600,000 US dollars
Non-cash operating lease expense
49,800,000 US dollars
Amortization of debt discount and issuance costs
9,500,000 US dollars
Impairment expense
34,600,000 US dollars
Net foreign currency adjustments
10,100,000 US dollars
Accounts receivable
18,600,000 US dollars
Inventories
81,300,000 US dollars
Prepaid expenses and other current assets
34,200,000 US dollars
Other assets
negative 4,700,000 US dollars
Accounts payable and accrued expenses
negative 71,100,000 US dollars
Deferred revenue and customer deposits
negative 11,000,000 US dollars
Operating lease liabilities, net
negative 77,300,000 US dollars
Other liabilities
negative 5,500,000 US dollars
Loss on sale of subsidiary
0 US dollars
Loss on debt extinguishment of term loan
0 US dollars
Gain on debt extinguishment of convertible notes
0 US dollars
Remaining operating cash flows, net (calculated)
100,000 US dollars
Investing activities
negative 21,400,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. It may combine inflows and outflows.
Proceeds from sale of Peloton Output Park
0 US dollars
Capital expenditures
negative 9,900,000 US dollars
Business combinations and asset acquisitions
negative 11,400,000 US dollars
Proceeds from sales of subsidiary and net assets
0 US dollars
Remaining investing cash flows, net (calculated)
negative 100,000 US dollars
Financing activities
negative 207,600,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Principal repayment of term loan
negative 10,000,000 US dollars
Payment of principal on convertible notes
negative 199,000,000 US dollars
Proceeds from issuance of convertible notes, net of issuance costs
0 US dollars
Proceeds from issuance of term loan, net of issuance costs
0 US dollars
Proceeds from employee stock purchase plan withholdings
3,500,000 US dollars
Proceeds from employee stock plans
600,000 US dollars
Taxes withheld and paid on employee stock awards
negative 2,200,000 US dollars
Principal repayments of finance leases
negative 300,000 US dollars
Remaining financing cash flows, net (calculated)
negative 200,000 US dollars
Operating adjustment reconciliation
494,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing displayed reconciliation
211,700,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing displayed reconciliation
21,400,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
3,000,000 US dollars
Ending cash on Jun 30, 2026
1,247,400,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,476,400,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
161,600,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
6.13×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
387,600,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
9,900,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
377,700,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $324.40M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $100.00 K: its operating, investing and financing totals, its reported net change in cash and the move from its beginning to its ending cash do not all agree. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 387,600,000 US dollars minus 9,900,000 US dollars equals 377,700,000 US dollars.
  • The filer's reported cash figures differ by $100.00 K: its operating, investing and financing totals, its reported net change in cash and the move from its beginning to its ending cash do not all agree. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
Peloton Interactive, Inc. (PTON) FY2026 Annual Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!