Peloton Interactive stock: Q1 profit and cash flow strengthen

Published on 11/12/2026 at 03:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Peloton Interactive stock traded at 5.23 euros on Lang & Schwarz at 23:00 CET on November 11, 2026. Q1 revenue rose 2 percent year over year.

Profitability gains despite subscription pressure

Peloton reported higher revenue, GAAP net income, adjusted EBITDA and free cash flow for the quarter ended September 30, 2026.
Paid connected fitness subscriptions declined year over year, while management maintained its full-year fiscal 2027 outlook.
The company reduced gross principal debt and expanded its commercial fitness and treadmill initiatives.

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Peloton Interactive reported stronger profitability and cash generation for the quarter ended September 30, 2026, while its paid connected fitness subscription base continued to shrink. The company released the results on November 5, with the announcement carried by Financial Times Company Announcements.

Profitability improves as subscriptions fall

Peloton Interactive stock traded at 5.23 euros on Lang & Schwarz at 23:00 CET on Wednesday, November 11, 2026. The licensed quote showed a previous close of 5.22 euros, while no verified Xetra closing basis was available for a daily comparison.

First-quarter fiscal 2027 revenue rose 2 percent year over year to 559.2 million US dollars. GAAP net income reached 96.2 million US dollars, compared with 13.9 million US dollars a year earlier, while adjusted EBITDA increased 42 percent to 167.8 million US dollars.

Free cash flow rose 113 percent to 143.4 million US dollars. Total gross margin expanded to 61.3 percent from 51.5 percent, although the company said the quarter benefited partly from nonrecurring items.

Subscriber trend remains the key risk

Ending paid connected fitness subscriptions fell 9 percent year over year to 2.475 million. Subscription revenue nevertheless increased 3 percent to 410.7 million US dollars, while Connected Fitness Products revenue declined 3 percent to 148.5 million US dollars.

Peloton expects second-quarter revenue of 625 million to 650 million US dollars and adjusted EBITDA of 85 million to 100 million US dollars. Paid connected fitness subscriptions are expected to end the quarter at 2.425 million to 2.445 million.

Outlook stays unchanged

Management maintained its fiscal 2027 revenue outlook of 2.30 billion to 2.40 billion US dollars and its adjusted EBITDA range of 475 million to 525 million US dollars. The company also retained its minimum free cash flow target of 350 million US dollars.

Peloton voluntarily repaid 280 million US dollars of its term loan after the quarter. The company said gross principal debt outstanding fell to 1.048 billion US dollars after the payment, down 32 percent from the beginning of calendar 2026.

Peloton's connected fitness model

Peloton sells connected fitness equipment and subscriptions that provide access to live and on-demand instructor-led workouts. Its offering includes bikes, treadmills, digital training features and a commercial business serving gyms and hospitality partners. The company is based in the United States and is expanding its treadmill range, commercial offering and US microstore network.