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Peloton Interactive, Inc. (PTON) 10-Year Financial Performance & Capital Metrics

PTON • • Industrial / General
Consumer CyclicalLeisureFitness & Wellness CentersHealth & Fitness Clubs
AboutPeloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, and Peloton Tread+ names. The company also provides connected fitness subscriptions for various household users, and access to various live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. As of June 30, 2021, it had approximately 5.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com. Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.Show more
  • Revenue $2.49B -7.8%
  • EBITDA $54M +111.6%
  • Net Income -$119M +78.5%
  • EPS (Diluted) -0.30 +80.1%
  • Gross Margin 50.92% +13.9%
  • EBITDA Margin 2.15% +112.5%
  • Operating Margin -1.45% +92.6%
  • Net Margin -4.77% +76.6%
  • ROE -
  • ROIC -3.92% +89.5%
  • Debt/Equity -
  • Interest Coverage -0.27 +94.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y6.41%
3Y-11.41%
TTM-8.74%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM73.53%

EPS CAGR

10Y-
5Y-
3Y-
TTM74.44%

ROCE

10Y Avg-37.24%
5Y Avg-35.37%
3Y Avg-27.1%
Latest-2.57%

Peer Comparison

Health & Fitness Clubs
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Valuation
Per Share
Growth
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Quality & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
PLNTPlanet Fitness, Inc.8.22B99.0949.5510.3%15.97%2.3%
LTHLife Time Group Holdings, Inc.5.89B26.6936.0718.24%9.88%9.64%0.86%1.53
OSWOneSpaWorld Holdings Limited2.06B20.1829.2512.72%7.9%13.38%3.5%0.20
PTONPeloton Interactive, Inc.2.69B6.70-22.33-7.77%-4.24%12.02%

Profit & Loss

Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+218.6M435M915M1.83B4.02B3.58B2.8B2.7B2.49B
Revenue Growth %-0.99%1.1%1%1.2%-0.11%-0.22%-0.04%-0.08%
Cost of Goods Sold+144.7M245.4M531.4M988.2M2.57B2.88B1.87B1.49B1.22B
COGS % of Revenue0.66%0.56%0.58%0.54%0.64%0.81%0.67%0.55%0.49%
Gross Profit+73.9M189.6M383.6M837.7M1.45B698.4M927.2M1.21B1.27B
Gross Margin %0.34%0.44%0.42%0.46%0.36%0.19%0.33%0.45%0.51%
Gross Profit Growth %-1.57%1.02%1.18%0.74%-0.52%0.33%0.3%0.05%
Operating Expenses+144.6M237.2M585.8M918.4M1.64B3.43B2.12B1.74B1.3B
OpEx % of Revenue0.66%0.55%0.64%0.5%0.41%0.96%0.76%0.64%0.52%
Selling, General & Admin131.6M213.8M531M828.1M1.39B1.91B1.34B1.3B948.9M
SG&A % of Revenue0.6%0.49%0.58%0.45%0.35%0.53%0.48%0.48%0.38%
Research & Development13M23.4M54.8M89.1M247.6M359.5M318.4M304.8M234.2M
R&D % of Revenue0.06%0.05%0.06%0.05%0.06%0.1%0.11%0.11%0.09%
Other Operating Expenses00-300K1.2M4.5M1.17B462.4M132.6M121.4M
Operating Income+-70.7M-47.5M-202.2M-80.7M-187.8M-2.73B-1.2B-529M-36.2M
Operating Margin %-0.32%-0.11%-0.22%-0.04%-0.05%-0.76%-0.43%-0.2%-0.01%
Operating Income Growth %-0.33%-3.26%0.6%-1.33%-13.56%0.56%0.56%0.93%
EBITDA+-67M-40.9M-180.5M-40.5M-124M-2.59B-1.11B-463M53.5M
EBITDA Margin %-0.31%-0.09%-0.2%-0.02%-0.03%-0.72%-0.4%-0.17%0.02%
EBITDA Growth %-0.39%-3.41%0.78%-2.06%-19.9%0.57%0.58%1.12%
D&A (Non-Cash Add-back)3.7M6.6M21.7M40.2M63.8M142.8M85.9M66M89.7M
EBIT-70.7M-47.5M-193.9M-66.4M-183.4M-2.77B-734.7M-396.4M18.9M
Net Interest Income+-300K-300K7M16.2M-6.9M-40.7M-70.7M-77.4M-101.8M
Interest Income008.7M18.2M7.9M2.3M26.4M35.1M32.7M
Interest Expense300K300K1.7M2M14.8M43M97.1M112.5M134.5M
Other Income/Expense-400K-300K6.8M12.3M-10.4M-74.1M-60.9M-22.7M-79.4M
Pretax Income+-71.1M-47.8M195.6M-68.4M-198.2M-2.81B-1.26B-551.7M-115.6M
Pretax Margin %-0.33%-0.11%0.21%-0.04%-0.05%-0.78%-0.45%-0.2%-0.05%
Income Tax+0100K-100K3.3M-9.2M19.6M3.7M200K3.4M
Effective Tax Rate %1%1%-1%1.05%0.95%1.01%1%1%1.03%
Net Income+-71.1M-47.9M-195.5M-71.6M-189M-2.83B-1.26B-551.9M-118.9M
Net Margin %-0.33%-0.11%-0.21%-0.04%-0.05%-0.79%-0.45%-0.2%-0.05%
Net Income Growth %-0.33%-3.08%0.63%-1.64%-13.96%0.55%0.56%0.78%
Net Income (Continuing)-71.1M-47.9M-195.7M-71.7M-189M-2.83B-1.26B-551.9M-119M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)+-0.30-0.21-0.88-0.32-0.64-8.74-3.64-1.51-0.30
EPS Growth %-0.3%-3.19%0.64%-1%-12.66%0.58%0.59%0.8%
EPS (Basic)-0.30-0.21-0.88-0.32-0.64-8.74-3.64-1.51-0.30
Diluted Shares Outstanding233.55M233.55M277.76M220.95M293.89M322.37M346.67M365.55M390.04M
Basic Shares Outstanding233.55M233.55M277.76M220.95M293.89M322.37M346.67M365.55M390.04M
Dividend Payout Ratio---------

Balance Sheet

Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+181.1M203.8M581.7M2.16B2.82B2.63B1.64B1.27B1.44B
Cash & Short-Term Investments155M150.6M378.1M1.75B1.61B1.25B813.9M697.6M1.04B
Cash Only155M150.6M162.1M1.04B1.13B1.25B813.9M697.6M1.04B
Short-Term Investments00216M719.5M472M0000
Accounts Receivable3.8M9.4M18.5M34.6M71.4M83.6M97.2M103.6M101.2M
Days Sales Outstanding6.347.897.386.926.488.5212.671414.83
Inventory15.7M25.3M136.6M244.5M937.1M1.1B522.6M329.7M205.6M
Days Inventory Outstanding39.637.6393.8390.31133.22139.8101.8480.661.39
Other Current Assets0100K100K00100K205.4M135.1M91.3M
Total Non-Current Assets+17.6M67.4M283.1M823.2M1.67B1.39B1.13B918.9M687.8M
Property, Plant & Equipment15.4M36.1M250M734.8M1.17B1.27B969M788.6M577.9M
Fixed Asset Turnover14.19x12.05x3.66x2.48x3.43x2.81x2.89x3.42x4.31x
Goodwill04.2M4.3M39.1M210.1M41.2M41.2M41.2M41.2M
Intangible Assets024.5M19.5M16M247.7M41.2M25.5M14.9M5.7M
Long-Term Investments500K1M800K0000046.2M
Other Non-Current Assets1.7M2.6M9.3M33.3M37.6M38.1M94.3M74.2M16.8M
Total Assets+198.7M271.2M864.5M2.98B4.49B4.03B2.77B2.19B2.13B
Asset Turnover1.10x1.60x1.06x0.61x0.90x0.89x1.01x1.24x1.17x
Asset Growth %-0.36%2.19%2.45%0.5%-0.1%-0.31%-0.21%-0.03%
Total Current Liabilities+63.6M170.2M290.8M772.2M1.24B1.11B761.4M685.2M803.9M
Accounts Payable8.4M28.1M92.2M135.8M364.4M93M76.5M85.4M66.7M
Days Payables Outstanding21.1941.863.3350.1651.8111.7714.9120.8819.91
Short-Term Debt1M00007.5M7.5M10M208.5M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities48.1M109.3M067.3M218.9M140.8M86.5M46.8M48.2M
Current Ratio2.85x1.20x2.00x2.80x2.27x2.38x2.15x1.85x1.79x
Quick Ratio2.60x1.05x1.53x2.48x1.51x1.38x1.47x1.37x1.53x
Cash Conversion Cycle24.763.7237.8847.0787.9136.5499.673.7356.3
Total Non-Current Liabilities+10.5M416.6M171.2M531.6M1.49B2.33B2.3B2.02B1.74B
Long-Term Debt2.1M000829.8M1.55B1.68B1.49B1.29B
Capital Lease Obligations000508.2M620.4M725.4M593.8M503.3M407.5M
Deferred Tax Liabilities000000000
Other Non-Current Liabilities8.4M416.6M171.2M23.4M38.3M50.7M30.2M25.8M37.1M
Total Liabilities74.1M586.8M462M1.3B2.73B3.44B3.06B2.7B2.54B
Total Debt+3.1M0147.1M545.1M1.51B2.37B2.36B2.08B1.98B
Net Debt-151.9M-150.6M-15M-490.4M377.3M1.12B1.55B1.38B937.1M
Debt / Equity0.02x-0.37x0.32x0.86x4.00x---
Debt / EBITDA--------36.95x
Net Debt / EBITDA--------17.52x
Interest Coverage-235.67x-158.33x-118.94x-40.35x-12.69x-63.58x-12.33x-4.70x-0.27x
Total Equity+124.6M-315.6M402.5M1.68B1.75B592.9M-295.2M-519.2M-413.7M
Equity Growth %--3.53%2.28%3.17%0.05%-0.66%-1.5%-0.76%0.2%
Book Value per Share0.53-1.351.457.595.971.84-0.85-1.42-1.06
Total Shareholders' Equity124.6M-315.6M402.5M1.68B1.75B592.9M-295.2M-519.2M-413.7M
Common Stock000000000
Retained Earnings-287.8M-336.1M-629.5M-693.9M-883M-3.71B-4.93B-5.48B-5.6B
Treasury Stock000000000
Accumulated OCI0-9.5M200K10.1M18.2M12.2M16.8M15.9M5.1M
Minority Interest000000000

Cash Flow

Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+-18.6M49.7M-108.6M376.4M-239.7M-2.02B-387.6M-66.1M333M
Operating CF Margin %-0.09%0.11%-0.12%0.21%-0.06%-0.56%-0.14%-0.02%0.13%
Operating CF Growth %-3.67%-3.19%4.47%-1.64%-7.43%0.81%0.83%6.04%
Net Income-71.1M-47.9M-195.6M-71.6M-189M-2.83B-1.26B-551.9M-118.9M
Depreciation & Amortization3.7M6.6M21.7M40.2M63.8M142.8M124.3M108.8M89.7M
Stock-Based Compensation10.3M8.5M89.5M88.8M194M328.4M0311.7M229.6M
Deferred Taxes200K0-1.7M017.5M0000
Other Non-Cash Items100K1M400K54.1M74.6M735.1M636.1M79.3M105.3M
Working Capital Changes38.2M81.5M-22.9M264.9M-400.6M-398.6M113.7M-14M27.3M
Change in Receivables-3.6M-4.1M-9.1M11.3M15.1M-12.8M-13.8M-7M2.8M
Change in Inventory-5M-9.6M-111.3M-96.8M-587.2M-173.7M537.5M163M136.5M
Change in Payables27.8M32.2M95.3M78.1M384.2M0-347.2M-95.5M-94M
Cash from Investing+-10.2M-56.7M-297.5M-741.3M-585.1M153.3M-69.9M26.8M-5.1M
Capital Expenditures-10.2M-28M-83M-156.4M-252.2M-337.3M-82.4M-19.7M-9.3M
CapEx % of Revenue0.05%0.06%0.09%0.09%0.06%0.09%0.03%0.01%0%
Acquisitions---------
Investments---------
Other Investing00-214.4M100K-78.2M-16.1M031.9M4.2M
Cash from Financing+143.6M3.1M417.2M1.24B916.8M2.02B76.8M-94.4M1.7M
Debt Issued (Net)---------
Equity Issued (Net)---------
Dividends Paid000000000
Share Repurchases---------
Other Financing500K6.2M8.4M44.5M-5.7M101.6M-2.4M3.1M4.1M
Net Change in Cash---------
Free Cash Flow+-28.8M21.7M-191.6M220M-491.9M-2.36B-470M-85.8M323.7M
FCF Margin %-0.13%0.05%-0.21%0.12%-0.12%-0.66%-0.17%-0.03%0.13%
FCF Growth %-1.75%-9.83%2.15%-3.24%-3.79%0.8%0.82%4.77%
FCF per Share-0.120.09-0.691.00-1.67-7.31-1.36-0.230.83
FCF Conversion (FCF/Net Income)0.26x-1.04x0.56x-5.26x1.27x0.71x0.31x0.12x-2.80x
Interest Paid0001.9M1.3M1M095.6M127.2M
Taxes Paid0004.1M3.5M15.2M002.6M

Key Ratios

Metric201720182019202020212022202320242025
Return on Equity (ROE)-57.06%--449.94%-6.88%-11.01%-240.96%-847.63%--
Return on Invested Capital (ROIC)---39.14%-7.69%-8.49%-106.69%-60.52%-37.49%-3.92%
Gross Margin33.81%43.59%41.92%45.88%36.16%19.5%33.11%44.71%50.92%
Net Margin-32.53%-11.01%-21.37%-3.92%-4.7%-78.94%-45.06%-20.44%-4.77%
Debt / Equity0.02x-0.37x0.32x0.86x4.00x---
Interest Coverage-235.67x-158.33x-118.94x-40.35x-12.69x-63.58x-12.33x-4.70x-0.27x
FCF Conversion0.26x-1.04x0.56x-5.26x1.27x0.71x0.31x0.12x-2.80x
Revenue Growth-98.99%110.34%99.55%120.26%-10.93%-21.83%-3.56%-7.77%

Revenue by Segment

202020212022202320242025
Subscription and Circulation363.7M-1.39B2.22B1.71B1.67B
Subscription and Circulation Growth---59.03%-22.96%-2.05%
Product1.46B2.24B-2.46B991.7M817.1M
Product Growth-53.15%---59.67%-17.61%

Revenue by Geography

202020212022202320242025
North America1.74B3.74B3.26B2.59B2.49B2.27B
North America Growth-114.44%-12.82%-20.51%-4.02%-8.55%
Non-US82.3M283M322.5M209.1M213.5M216.5M
Non-US Growth-243.86%13.96%-35.16%2.10%1.41%

Frequently Asked Questions

Growth & Financials

Peloton Interactive, Inc. (PTON) reported $2.46B in revenue for fiscal year 2025. This represents a 1023% increase from $218.6M in 2017.

Peloton Interactive, Inc. (PTON) saw revenue decline by 7.8% over the past year.

Peloton Interactive, Inc. (PTON) reported a net loss of $104.2M for fiscal year 2025.

Dividend & Returns

Peloton Interactive, Inc. (PTON) generated $380.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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