• Loading stock data...
Monday, June 2, 2025

Peloton’s Q4 Revenue Is Down 28%

  • Peloton reported $678.7 million in fourth-quarter revenue.
  • The company posted a net loss of $1.24 billion.
peloton-continues-struggles
Peloton/ Design: John Regula

Peloton CEO and president Barry McCarthy began his shareholder letter by noting “significant progress” in the company’s comeback despite its losses.

The connected fitness company reported a 28% year-over-year decline in Q4 revenue to $678.7 million, falling short of estimates of $718.2 million. 

  • Revenue from the company’s connected fitness products fell 55% year-over-year to $295.6 million. The segment includes contributions from Precor, which Peloton acquired for $420 million last year.
  • Subscription revenue increased 36% to $383.1 million. Peloton ended the quarter with 2.97 million connected fitness subscriptions.

Peloton’s net loss reached $1.24 billion, more than three times the $313.2 million net loss posted during the same period last year. 

Peloton posted an operating loss of $1.2 billion, with $415 million related to restructuring charges. The company announced 2,800 job cuts and an $800 million restructuring plan in February. Earlier this month, it revealed another 784 jobs would be eliminated, as well as a reduction in the number of store locations.

Peloton’s Comeback

In Q4, Peloton released its first connected strength offering, the Peloton Guide, and expects to launch a connected rowing machine by the “holiday season.” 

On Wednesday, it announced Amazon would begin selling select products, marking Peloton’s first time teaming up with another retailer. 

Earlier this month, Peloton increased prices for its Bike+ and Tread.

Peloton expects first-quarter revenue between $625 million and $650 million, with subscribers staying flat. The company did not provide a financial outlook for FY2023.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

PSG and the City of Paris Can Join European Soccer’s Elite

What a maiden Champions League title would mean for the French club.

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.

Featured Today

Around the Horn - October 26, 2020
May 23, 2025

‘Quirky, Nutty, Bombastic’: 10 ‘Around the Horn’ Faces on Their Top Moments

“A quirky, nutty, bombastic, mostly wrong, sometimes right, crazy sports family.”
AA Mint Cards
May 18, 2025

Young Collectors Are on a High-Stakes Chase for Ultra-Rare Trading Cards

“They just want that excitement of the chase,” says a 23-year-old collector.
Donnie Gobourne JDL
May 17, 2025

U.S. Professional Softball Players Are Flocking to Japan to Get Paid

The Diamond League offers paychecks and amenities that the U.S. can’t beat.
James Harden

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.
February 5, 2025

Under Armour’s Desired Turnaround Sees Sparks With Q3 Earnings Beat

The 2010s darling has been struggling to find the right formula.