NASDAQ$PTON

Peloton Interactive · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Peloton reported Q2 2026, revenue of $656.5M, net loss of $38.8M, diluted EPS of $-0.09.

For Q2 2026, Peloton reported revenue of $656.5M, a net loss of $38.8M, diluted EPS was $-0.09. Management discusses segment performance, capital allocation, and outlook in the earnings release.

  • Revenue $656.5M.
  • Net loss $38.8M.
  • Diluted EPS $-0.09.

Headline financials

Total Revenue

$657M

Previous: $674M-2.6%
EPS (adj)

-$0.09

Previous: -$0.24+62.5%
Ending Paid Connected Fitness Subscriptions

2.7M

Previous: 2.9M-7.4%
Average Net Monthly Paid Connected Fitness Subscription Churn

1.9%

Previous: 1.4%+35.7%
Ending Paid App Subscriptions

522.0K

Previous: 585.0K-10.8%
Members

5.8M

Previous: 6.2M-6.5%
Net Income

-$38.8M

Previous: -$92M+57.8%
Operating Income

-$14.3M

Previous: -$45.9M+68.8%
Gross Profit

$331M

Previous: $318M+4.1%

Revenue & EPS history

Peloton · Revenue · Quarterly

$657M

Q2 2026-2.6%vs Q2 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Peloton · $596M total across 2 segments · Q1 2024

  • Subscription
    $415M+0.7%
  • Connected Fitness Products
    $181M-11.6%

Forward guidance

The release discusses Peloton's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Peloton cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q2 2026.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

52%

14 / 27 earnings

Positive

+44.0%

Q4 2024

Best reaction

-38.1%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+8.5%+3.5%+10.8%
Q2 2026-25.7%-26.4%-35.2%
Q1 2026+13.8%+11.2%-4.3%
Q3 2025-6.9%-2.4%+4.6%
Q2 2025+12.0%+15.3%-18.1%
Q1 2025+9.0%+15.2%+55.5%
Q4 2024+44.0%+43.5%+45.8%
Q3 2024+6.5%+27.0%+13.0%
Q2 2024-23.7%-21.2%-17.3%
Q1 2024+8.3%+1.2%+29.3%
Q4 2023-21.1%-16.2%-36.2%
Q3 2023-11.6%-11.3%-5.2%
Q2 2023+31.3%+22.1%+7.2%
Q1 2023+8.8%+11.0%+54.1%
Q4 2022-21.3%-28.9%-36.9%
Q3 2022-12.7%+12.3%-21.3%
Q2 2022+30.3%+16.6%-24.0%
Q1 2022-38.1%-44.2%-51.6%
Q4 2021-10.2%-13.8%-20.3%
Q3 2021+1.4%+10.2%+24.7%
Q2 2021+0.8%+0.4%-28.6%
Q1 2021+5.8%-11.3%-3.5%
Q4 2020-7.8%-6.3%+34.9%
Q3 2020+21.8%+18.2%+26.7%
Q2 2020-13.4%-14.6%-25.4%
Q4 2019-0.5%+5.7%+43.5%
Q1 2020-6.5%-4.4%+27.2%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018

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