Peloton Interactive, Inc. (PTON) FY2026 Annual P&L / Income Statement
2025-07-01 to 2026-06-30
Revenue by Business Segment
2025-07-01 to 2026-06-30
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Peloton Interactive, Inc. (PTON) FY2026 Annual P&L / Income Statement
Income statement for 2025-07-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenue
- 2,446,000,000 US dollars
- Total cost of revenue
- 1,159,300,000 US dollars
- Gross profit
- 1,286,700,000 US dollars
- Total operating expenses
- 1,126,000,000 US dollars
- Income (loss) from operations
- 160,700,000 US dollars
- Total other expense, net
- negative 97,600,000 US dollars
- Loss before income taxes
- 63,100,000 US dollars
- Income tax (benefit) expense
- negative 100,000 US dollars
- Net income (loss)
- 63,200,000 US dollars
- Connected Fitness Products
- 770,400,000 US dollars
- Subscription
- 1,675,600,000 US dollars
- Sales and marketing
- 400,400,000 US dollars
- General and administrative
- 430,300,000 US dollars
- Research and development
- 242,800,000 US dollars
- Impairment expense
- 34,600,000 US dollars
- Restructuring expense
- 17,900,000 US dollars
- Supplier settlements
- 0 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

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Gross margin
52.6%
Gross profit / revenue
Operating margin
6.6%
Operating profit / revenue
Cash conversion
613.3%
Operating cash / net income, same period
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