PELOTON INTERACTIVE, INC. (PTON) Form 8-K — Nov 5, 2026
Peloton reported Q1 FY2027 (quarter ended September 30, 2026) results with revenue of $559.2 million, up 2% year-over-year and $4 million above the guidance midpoint — its third consecutive quarter of YoY revenue growth. Profitability surged: GAAP net income was $96.2 million (up from $13.9 million a year ago), Adjusted EBITDA was $167.8 million (up 42%), and gross margin hit 61.3%, roughly 975 basis points higher YoY though partially boosted by nonrecurring benefits. Free cash flow was $143.4 million, up 113% YoY.
Key figures
- Eps
- 0.19
- Revenue
- 559.2
- Guidance
- Q2 FY27 revenue $625-650M (down 3% YoY at midpoint), gross margin ~50.0%, Adjusted EBITDA $85-100M (up 14% YoY); FY27 revenue $2.30-2.40B (down 4% YoY), gross margin ~54.0%, Adjusted EBITDA $475-525M, FCF at least $350M — all unchanged from prior quarter.
- Net Income
- 96.2
- Total Debt
- 1298.9
- Free cash flow q1
- 143.4
- Monthly churn pct
- 1.7
- Adjusted ebitda q1
- 167.8
- Net leverage ratio
- 0
- Gross margin q1 pct
- 61.3
- Subs yoy change pct
- -9
- Gross leverage ratio
- 2.6
- Operating cash flow q1
- 145.7
- Adjusted ebitda yoy pct
- 42
- Term loan voluntary paydown millions
- 280
- Gross principal debt yoy reduction pct
- 32
- Ending paid connected fitness subs millions
- 2.475
AI analysis
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