• Loading stock data...
Friday, October 24, 2025
Want a chance to win $250 and FOS merch? Take a few minutes to complete our survey and help us improve with your feedback! Take the survey Today

Peloton Has Surprise Revenue Bump After Years-Long Slump

  • The company laid off 15% of its workforce in May and saw its CEO resign. 
  • Peloton’s stock surged after the announcement. 
Syndication: Asbury Park Press

Peloton could be pedaling toward a comeback. 

After struggling to sustain the momentum it had during the COVID-19 pandemic, the fitness equipment company posted an increase in revenue for the first time since 2022 on Thursday, resulting in a 35% spike in its stock price. Before the earnings call, Peloton shares were down 45% on the year until Wednesday’s surge. 

The company rode high during the COVID-19 pandemic when gyms were closed, people were home, and the company’s interactive bike provided both a sense of workout and community when both were hard to come by. But as life returned to normal, Peloton struggled to sustain its momentum. 

The result has been layoffs, leadership changes, and restructuring, all of which seem to have contributed to this week’s surprisingly good news. Earlier this year, Peloton cut about $15 million in costs and laid off 15% of its workforce. As part of the restructuring, CEO Barry McCarthy stepped down. The company posted losses of $30.5 million for the quarter compared to losses of nearly $242 million the previous year.

Peloton has since been run by two board members and is expected to announce a replacement for McCarthy before its next earnings call in the fall. While the sales growth was just 0.2%, that was well ahead of expectations. Sales had dropped for eight straight quarters since 2022, and analysts projected they would again. Instead, revenue rose to $644 million, a small $1.5 million increase but well ahead of the expectations for a $10 million–plus dip.

“From Q3 to Q4, the narrative has changed from Peloton needing a life jacket immediately to being able to tread water for a bit longer,” said Paul Cerro, chief investment officer at Cedar Grove Capital Management.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Terry Rozier

NBA Strongly Denies Quietly Suspending Terry Rozier in 2023

Brian Windhorst appeared to walk back his comments Friday morning.
exclusive

Some ESPN Producers Fed Up With McAfee’s ‘Diva’ Behavior: Sources

The “College GameDay” host has powerful allies.
Vanderbilt quarterback Diego Pavia (2) celebrates following the game between Vanderbilt University and Louisiana State University at FirstBank Stadium in Nashville, Tenn., Saturday, Oct. 18, 2025
exclusive

Diego Pavia Is Trying to Kill NCAA JUCO Eligibility Rules for Good

Vandy’s QB is amending his own lawsuit to encompass all NCAA athletes.
Chicago Bulls

NBA Betting Scandal Goes Far Beyond Terry Rozier and Damon Jones

A federal indictment suggests information about several teams was being sold.

Featured Today

Christie's

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
October 18, 2025

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
May 27, 2025; Indianapolis, Indiana, USA; Indiana Pacers guard T.J. McConnell (9) shoots a three point basket over New York Knicks guard Josh Hart (3) during the third quarter of game four of the eastern conference finals for the 2025 NBA Playoffs at Gainbridge Fieldhouse
October 18, 2025

NBA Stars Swap Wine With League Friends and Foes

A wine-exchange tradition emerged from the bubble season’s close quarters.
Limited Hype
July 27, 2025

Sneaker Reselling Was Once Easy Money. Success Is Now Complicated

Vendors need to evolve what they’re selling and how they do it.
August 12, 2025

‘We Have Pricing Power’: On Smashes Earnings Expectations

U.S. tariffs haven’t cooled demand for On’s high-priced sneakers and apparel.
Sponsored

How HOKA is Reimagining the NIL Relationship

Fans can now follow their favorite golfers and experience every marquee moment at the Ryder Cup — thanks to innovation from T-Mobile.
Happy Gilmore 2 hockey stick putter
July 21, 2025

Callaway’s $500 ‘Happy Gilmore’ Putter Booming on Resale Market

Callaway released a limited-edition Odyssey-branded hockey stick putter.
A Lululemon store at Freehold Raceway Mall in Freehold Township, New Jersey on Nov. 30, 2023
July 2, 2025

Sportswear Stocks Rise as Trump Touts Vietnam Trade Deal

Tariffs on Vietnam imports will be 20%, down from a prior threat of 46%.
From vintage to unique collaborations, various Nike and Jordan shoes are displayed on a wall at Saved Soles inside West Ridge Mall.
June 26, 2025

Nike Stumbles Less Than Expected, Giving Wall Street Hope

The sports apparel and footwear giant beats Wall Street expectations.
Jun 20, 2024; Eugene, OR, USA; Detailed view of Nike Alphafly 3 racing flat at the Nike by Eugene store.
June 25, 2025

Investors Hunt for Signs Nike Has Regained Its Footing

Nike’s fundamentals are “still challenged.”