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Peloton Interactive, Inc. Class A Common Stock

PTON SPORTING & ATHLETIC GOODS, NEC Market cap $2.2B Share price × shares outstanding.
$5.25 ▼ -2.23%
−$0.12 on the day · as of 27 Oct 2026
56
S.I.F.T.™ score
Caution
Rules-based score out of 100 across Safety, Income, Fundamentals and Time. Strong 80+, Adequate 60–79, Caution under 60. A band describes the score, not an action.
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S.I.F.T.™ pillars One or more pillars are weak.

Safety65
Decent financial position but faces notable competition.
Income35
High cyclicality and lack of recurring revenue are limiting stability.
Fundamentals35
Strong growth but valuation is elevated.
Time45
Shorter track record or weaker tailwinds.
Last updated: 27 Oct 2026 · Model score (rules-based screen of the data shown; not advice or a forecast): 70%
Reality check (rules-based) S.I.F.T. band: Caution

Strong (80+) · Adequate (60–79) · Caution (<60). A band describes the score, not an action.

Safety pillar at 65 exceeds the other three pillars. Income stability and fundamentals both at 35, time in market at 45, with 10-year average ROE of -418.41, net debt to CFO of 1.06, zero cash to market cap and zero dividend yield.

Strengths: Safety pillar score of 65, Market capitalization of 2.36 billion
Risks: Income stability pillar score of 35, Fundamentals pillar score of 35, Time in market pillar score of 45, 10-year average ROE of -418.41 and zero dividend yield

For education and general information only. Not a recommendation to buy, sell, or hold. How the score is calculated

Price History

At its core

Low debt and operating margins that swing widely with the cycle. Revenue has grown about 5.0% a year over 6 years.

Rule-based description of the figures below (FY2020–FY2026). Not a recommendation.
As of FY2026, period end 2026-06-30. Balance sheet: SEC EDGAR companyfacts (10-K, period end 2026-06-30).

Business quality returns, margins, cash

Returns on capital, margins and cash generation, with how steady each has been.

ROE Return on equity: net income ÷ shareholders' equity at year end. Shows how much profit the business earns on the owners' capital. Very high values can come from a small equity base after buybacks. Variable
—
not in data file
5-yr avg -476.9%
FY2020FY2026
ROIC Return on invested capital: operating income after tax ÷ (equity + debt − cash). Shows how well the business turns the capital tied up in it into profit.
—
not in data file
Gross margin Gross profit ÷ revenue. A high, steady gross margin can point to pricing power. Variable
52.6%
5-yr avg 40.1%
Operating margin Operating income ÷ revenue: what is left from each dollar of sales after running the business, before interest and tax. Variable
6.6%
5-yr avg -26.7%
FY2020FY2026
Free cash flow Operating cash flow − capital expenditure. The cash the business produced after keeping up and growing its assets.
$377.7M
FY2020FY2026
FCF margin Free cash flow ÷ revenue. Variable
15.4%
5-yr avg -11.5%
Owner earnings Owner earnings, simplified (1986 definition): net income + depreciation & amortisation − capital expenditure. Working-capital changes are left out.
$110.5M
Capital intensity Capital expenditure ÷ revenue. Lower means the business needs less reinvestment in plant and equipment to run and grow. Moderate
0.4%
5-yr avg 2.8%

Balance sheet strength Cash and Debt Ledger

Net debt / EBITDA (Borrowings − cash and short-term investments) ÷ (operating income + D&A). Roughly how many years of operating earnings would repay net debt. Negative means more cash than debt.
0.6×
Debt / equity Reported borrowings ÷ shareholders' equity.
—
not in data file
Interest cover Operating income ÷ interest expense: how many times profit covers the interest bill. Graham looked for a wide cover.
1.3×
Current ratio Current assets ÷ current liabilities. Graham's rule of thumb for industrials was 2 or more.
2.8×
Cash & short-term investments Cash, cash equivalents and short-term investments on the latest annual balance sheet (the Cash side of the S.I.F.T. Cash and Debt Ledger).
$1.2B
Borrowings Short- and long-term debt and commercial paper on the latest annual balance sheet (the Debt side of the Cash and Debt Ledger). Leases and other liabilities are excluded.
$1.3B

Graham value price vs fundamentals

P/E Price ÷ earnings per share (trailing four quarters where available, otherwise the last fiscal year). Not shown when earnings are negative.
37.0×
P/B Price ÷ book value per share (equity ÷ shares outstanding).
—
not in data file
Graham number Benjamin Graham's ceiling for a defensive investor: √(22.5 × EPS × book value per share), i.e. P/E 15 × P/B 1.5. Undefined when EPS or book value is negative.
—
not in data file
Graham margin of safety (Graham number − price) ÷ Graham number. Positive: price is below the Graham number. Negative: price is above it.
—
not in data file
Earnings yield EPS ÷ price, the inverse of P/E. Graham compared it with the yield on high-grade bonds.
2.7%
vs 10-yr Treasury 4.96%
10-yr Treasury yield US 10-year Treasury yield on 2026-10-22, for comparison with the earnings yield.
5.0%
Dividend yield Cash dividends per share with ex-dates in the last 12 months ÷ price.
—
not in data file
Payout ratio Dividends paid ÷ net income for the last fiscal year.
—
not in data file
Dividend record Consecutive calendar years with a cash dividend in the dividend file. Graham asked for an unbroken record.
—
not in data file

Track record 7 fiscal years on file

Revenue CAGR Compound annual growth in revenue from the first to the last fiscal year shown.
5.0%
FY2020–FY2026
FY2020FY2026
EPS CAGR Compound annual growth in diluted EPS (net income ÷ diluted shares). Not defined when the start or end year is a loss.
—
not in data file
FY2020FY2026
FCF CAGR Compound annual growth in free cash flow. Not defined when the start or end year is negative.
9.4%
FY2020–FY2026
FY2020FY2026
Share count change Change in diluted weighted share count. Negative = fewer shares (buybacks); positive = dilution.
97.4%
FY2020–FY2026 · dilution
FY2020FY2026

Source: SEC filings as reported (XBRL) and market data. Figures are not restated for acquisitions or one-off items; share counts are adjusted for detected splits. “—” means the figure is not in the data file, never a zero. For education and general information only. Not a recommendation to buy, sell, or hold. How the score is calculated

The business

Peloton Interactive Inc operates an interactive fitness platform. It operates its business in two reportable segments: Connected Fitness Products and Subscription. Connected Fitness Products derive revenue from the portfolio of Connected Fitness Products and related accessories, as well as Precor-branded fitness products, delivery and installation services, Peloton Bike portfolio rental products, extended warranty agreements, branded apparel, and commercial service contracts. Subscription revenue is derived from monthly Subscription fees. The company generates maximum revenue from the Subscription segment. Geographically, the company derives a majority of its revenue from North America and the rest from International markets.

FAQ

Recent quarters three-month figures

QuarterPeriod endRevenueGross profitOperating incomeNet incomeEPS (diluted)
Q4 FY2026 2026-06-30 $607.7M$344.4M$81.2M$61.6M$0.14
Q3 FY2026 2026-03-31 $631.0M$327.2M$52.5M$26.4M$0.06
Q2 FY2026 2025-12-31 $656.5M$331.4M−$14.3M−$38.7M$-0.09
Q1 FY2026 2025-09-30 $550.8M$283.7M$41.3M$13.9M$0.03
Q4 FY2025 2025-06-30 $606.9M$328.1M$29.6M$21.6M$0.06
Q3 FY2025 2025-03-31 $624.0M$318.1M−$32.4M−$47.7M$-0.12
Q2 FY2025 2024-12-31 $673.9M$318.3M−$45.9M−$91.9M$-0.24
Q1 FY2025 2024-09-30 $586.0M$303.8M$12.5M−$900.0K$0.00

Quarter figures are derived from year-to-date filings (Q4 = full year − nine months). EPS = net income ÷ diluted shares for the period. — = not in data file.

Annual figures fiscal years, newest first

YearRevenueGross profitOperating incomeNet incomeEPS (diluted)Free cash flowEquityBorrowings
FY2026 $2.4B$1.3B$160.7M$63.2M$0.14$377.7M−$139.7M$1.3B
FY2025 $2.5B$1.3B−$36.2M−$118.9M$-0.30$323.7M−$413.8M$208.5M
FY2024 $2.7B$1.2B−$529.0M−$551.9M$-1.51−$85.8M−$519.1M$10.0M
FY2023 $2.8B$923.5M−$1.2B−$1.3B$-3.64−$470.0M−$295.1M$7.5M
FY2022 $3.6B$698.4M−$2.7B−$2.8B$-8.77−$2.4B$592.9M$7.5M
FY2021 $4.0B$1.5B−$187.8M−$189.0M$-0.64−$480.7M$1.8B—
FY2020 $1.8B$836.7M−$80.8M−$71.6M$-0.32$220.0M$1.7B—

As reported in each year's 10-K. Free cash flow = operating cash flow − capital expenditure. — = not in data file.