Peloton (PTON) earnings Q3 2026
CNBC • • business
Key Points:
- Peloton reported fiscal Q3 revenue of $630.9 million, surpassing Wall Street estimates of $617.6 million, though earnings per share at 6 cents slightly missed the 7-cent expectation.
- Net income improved to $26.4 million from a loss of $47.7 million a year earlier, with free cash flow increasing nearly 60%, driven by stronger equipment sales and subscription revenue.
- Subscription revenue grew 2% year-over-year to $428 million, beating estimates, but paid connected fitness subscribers declined to 2.66 million.
- The company raised its full-year revenue guidance to between $2.42 billion and $2.44 billion, citing strategic pricing changes and new partnerships like its recent deal with Spotify.
- CEO Peter Stern emphasized the appropriateness of recent price increases amid economic pressures and highlighted efforts to expand reach and revenue through collaborations and new product launches for commercial gym floors.
