Peloton reported fourth quarter fiscal 2026 revenue of $607.7 million, roughly flat year-over-year but ahead of analyst estimates of $597.0 million. The company posted a diluted EPS of $0.13, also beating the $0.11 consensus, contributing to its first full year of GAAP net profitability.
Key Highlights
- Peloton achieved its first full year of profitability, reporting a GAAP Net Income of $63.2 million for fiscal 2026, a significant turnaround from a net loss of $118.9 million in the prior year.
- Paid Connected Fitness Subscriptions continued to decline, falling 8.8% year-over-year to 2.553 million at the end of the fourth quarter, indicating persistent challenges in its core subscriber base.
- The company issued weak guidance for fiscal 2027, projecting total revenue between $2.3 billion and $2.4 billion, representing a 3.9% year-over-year decline at the midpoint.