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Screener / SEC EDGAR /CIK 0001639825 /10-K filed Aug 6, 2026, compared with Aug 7, 2025 /Numbers from the XBRL of the 10-Ks
Consumer discretionary peers:
UNFBOOTLRNPTONPKFSS
Nasdaq Consumer discretionary · Sporting & Athletic Goods

Peloton Interactive, Inc. PTON

PTON quote by TradingView

Peloton is a leading global fitness and wellness company that empowers people to live fit, strong, long, and happy, by bringing integrated fitness and wellness experiences to Members (as defined below) anytime, anywhere. 10-K, Item 1

Headquarters
New York, NY
CEO
Peter C. Stern
Next results
around Feb 4, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $2.4B through the costs to a net profit of $63.2M · income statement of the 10-K

7% operating margin
Revenue to Gross profit: $1.3BRevenue to Cost of revenue: $1.2BGross profit to Operating profit: $160.7MGross profit to Operating expenses: $1.1BOperating profit to Net profit: $63.2MOperating profit to Interest, tax, other: $97.5MOperating expenses to R&D: $242.8MOperating expenses to Sales, admin & other: $883.2M Revenue: $2.4B REVENUE $2.4B −2% Y/Y Gross profit: $1.3B · 53% margin GROSS PROFIT $1.3B 53% margin · +1% Y/Y Cost of revenue: $1.2B · 47% of revenue COST OF REVENUE $1.2B 47% of revenue Operating profit: $160.7M · 7% margin OPERATING PROFIT $160.7M 7% margin Operating expenses: $1.1B · 46% of revenue OPERATING EXPENSES $1.1B 46% of revenue Net profit: $63.2M · 3% margin NET PROFIT $63.2M 3% margin Interest, tax, other: $97.5M · 4% of revenue INTEREST, TAX, OTHER $97.5M 4% of revenue R&D: $242.8M · 10% of revenue R&D $242.8M 10% of revenue Sales, admin & other: $883.2M · 36% of revenue SALES, ADMIN & OTHER $883.2M 36% of revenue
Gross profit $1.3B 53% margin · +1% Y/Y
Operating profit $160.7M 7% margin
Net profit $63.2M 3% margin
The full income statement, year by year

PTON among Consumer discretionary peers

Six ratios from the latest 10-K. Each corner is the share of 168 peers the company is above, not a score.

Compare
Revenue growth: -1.8%, above 14% of 168 peers (their median 4.7%) REVENUE GROWTH -1.8% · above 14% Gross margin: 54.8%, above 83% of 114 peers (their median 36.4%) GROSS MARGIN 54.8% · above 83% Operating margin: 9.6%, above 48% of 148 peers (their median 10.5%) OPERATING MARGIN 9.6% · above 48% Net margin: 5.9%, above 46% of 168 peers (their median 6.5%) NET MARGIN 5.9% · above 46% FCF margin: 18.5%, above 92% of 154 peers (their median 7.3%) FCF MARGIN 18.5% · above 92%
PTON Peer median Below the median

What changed

16 new risk paragraphs. 10-K filed Aug 6, 2026 against Aug 7, 2025.

Risk factors
16 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
11 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
5 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables -18.5% ($101.2M to $82.5M) vs revenue -1.8% ($2.5B to $2.4B), -16.7 pts apart
  • Cash from operations $387.6M vs net income $63.2M (FY ending Jun 30, 2026)
  • Inventory -34.1% ($205.6M to $135.4M) vs revenue -1.8% ($2.5B to $2.4B), -32.3 pts apart
8 more checks with nothing to note
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Existence of Inventory
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

16 paragraphs in Risk Factors that were not in the 10-K filed Aug 7, 2025. Quoted as filed.

All 16 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Aug 7, 2025 10-K, ITEM 1A
    We have in recent periods experienced, and may continue to experience decreases in consumer demand, resulting in inventory write-downs or write-offs, excess inventory, and discounted product sales that lower our gross margins. In periods of low demand, we may be unable to renegotiate supplier agreements or fully utilize firm purchase…
  2. Item 1A · new paragraph · not in the 10-K filed Aug 7, 2025 10-K, ITEM 1A
    We continue to take actions intended to address the short-term health of our business as well as our long-term objectives based on our current estimates, assumptions and forecasts. These measures are subject to known and unknown risks and uncertainties, including whether we have targeted the appropriate areas for our cost-saving efforts…
  3. Item 1A · new paragraph · not in the 10-K filed Aug 7, 2025 10-K, ITEM 1A
    Our strategy depends on successfully scaling revenue across multiple channels, product categories, and customer segments, including in commercial markets and in the broader connected wellness and recovery space. If we fail to execute on these priorities, our growth, brand, and financial performance may suffer. We sell connected fitness…
  4. Item 1A · new paragraph · not in the 10-K filed Aug 7, 2025 10-K, ITEM 1A
    On February 20, 2026, the U.S. Supreme Court issued a decision invalidating tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”). We are closely monitoring updates from U.S. Customs and Border Protection (“CBP”), and have submitted our IEEPA tariff refund claim. While IEEPA tariffs are no longer effective, we…

New risk paragraphs, against peers

Latest 10-K of each, Consumer discretionary companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$2.8B$2.7B$2.5B$2.4B
Net income−$1.3B−$551.9M−$118.9M$63.2M
Operating cash flow−$387.6M−$66.1M$333.0M$387.6M
Free cash flow−$470.0M−$85.8M$323.7M$377.7M

Revenue, FY2018 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$2.4B ▼ 1.8% in FY2026

FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

5 filings in the last 30 days · SEC EDGAR

All filings

About the company

Peloton Interactive, Inc., New York, NY · from the 10-K filed Aug 6, 2026

Peloton is a leading global fitness and wellness company that empowers people to live fit, strong, long, and happy, by bringing integrated fitness and wellness experiences to Members (as defined below) anytime, anywhere. Founded in 2012 and headquartered in New York City, we offer a breadth of fitness and wellness solutions to consumers worldwide, including our highly engaged community of approximately 5.5 million Members as of June 30, 2026, across the United States, United Kingdom, Canada, Germany, Australia, and Austria, and Commercial Business Unit customers in over 60 countries.

Headquarters
New York, NY
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
June 30
Last results
Nov 5, 2026

Email alerts

Sources

The 10-K filed Aug 6, 2026 (open at SEC), compared with the 10-K filed Aug 7, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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