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Revenue by Segment
Shows how much revenue each business area contributes, highlighting strengths and potential growth areas within Peloton's diverse offerings.
Peloton has moved from a hardware-led pandemic spike to a subscription-first profile: Connected Fitness product revenue collapsed from its 2021 peak and now lingers at a lower, seasonal cadence, while Subscription revenue is stable but only modestly growing and recently flattened. Management’s FY‑26 guidance (slight revenue decline but higher gross margin and much stronger EBITDA) signals a deliberate shift to profitability and content/licensing and commercial monetization, so watch equipment sales and paid-subscriber net adds as the key upside catalysts and main downside risks.
PTON Revenue by Segment
| Date | Other | Subscription | Connected Fitness Products |
|---|---|---|---|
| Jun 30, 2026 | $0.00 | $436.60M | $171.10M |
| Mar 31, 2026 | $0.00 | $428.00M | $202.90M |
| Dec 31, 2025 | $0.00 | $420.60M | $253.40M |
| Sep 30, 2025 | $0.00 | $426.30M | $159.60M |
| Jun 30, 2025 | $0.00 | $408.30M | $198.60M |
| Mar 31, 2025 | $0.00 | $418.50M | $205.50M |
| Dec 31, 2024 | $0.00 | $420.60M | $253.40M |
| Sep 30, 2024 | $0.00 | $426.30M | $159.60M |
| Jun 30, 2024 | $0.00 | $431.40M | $212.10M |
| Mar 31, 2024 | $0.00 | $437.80M | $279.90M |
| Dec 31, 2023 | $0.00 | $424.50M | $319.10M |
| Sep 30, 2023 | $0.00 | $415.00M | $180.60M |
| Jun 30, 2023 | $0.00 | $421.70M | $220.40M |
| Mar 31, 2023 | $0.00 | $424.70M | $324.10M |
| Dec 31, 2022 | $0.00 | $411.30M | $381.40M |
| Sep 30, 2022 | $0.00 | $412.30M | $204.20M |
| Jun 30, 2022 | $0.00 | $383.10M | $295.60M |
| Mar 31, 2022 | $0.00 | $369.90M | $594.40M |
| Dec 31, 2021 | $0.00 | $337.50M | $796.40M |
| Sep 30, 2021 | $0.00 | $304.10M | $501.00M |
| Jun 30, 2021 | $0.00 | $281.60M | $655.30M |
| Mar 31, 2021 | $0.00 | $239.40M | $1.02B |
| Dec 31, 2020 | $0.00 | $194.70M | $870.10M |
| Sep 30, 2020 | $0.00 | $156.50M | $601.40M |
| Jun 30, 2020 | $10.40M | $121.20M | $475.50M |
| Mar 31, 2020 | $6.10M | $98.20M | $420.20M |
| Dec 31, 2019 | $8.00M | $77.10M | $381.10M |
| Sep 30, 2019 | $3.30M | $67.20M | $157.60M |
| Jun 30, 2019 | $4.00M | $61.00M | $158.40M |
| Mar 31, 2019 | $4.00M | $51.10M | $261.60M |
| Dec 31, 2018 | $4.20M | $37.30M | $221.30M |
| Sep 30, 2018 | $2.50M | $31.70M | $77.90M |
