Peloton Continues Ride

    • Peloton shares are up 343% year-to-date.
    • This article was first published in the FOS Daily Newsletter. Subscribe here.

Daily Newsletter

Sign up and see why influential business executives call it a “morning must-read.”

Peloton reported $757.9 million of revenue in the first quarter of its 2021 fiscal year, up 232% compared to last year. 

A 137% year-over-year jump in connected fitness subscriptions helped boost revenues past projections. Peloton revised its 2021 fiscal year estimates upward for revenues and connected subscribers to $3.9 billion and 2.17 million, respectively.

Peloton shares are up 343% year-to-date, with the company now closing in on a $40 billion market cap. In a recent survey, 19% of young adults said Peloton is a must-have brand.

Peloton Revenue by Fiscal Year:

Projected 2021: $3.9 billion

2020: $1.8 billion

2019: $915 million

2018: $435 million

2017: $218.6 million

2016: $60 million