Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2024 Rev YoY: -6.2% EPS YoY: +44.9% Move: -4.11%

Peloton Interactive Inc

PTON

$4.44 -4.11%

Exchange NASDAQ Sector Consumer Cyclical Industry Leisure

Q2 2024

Published: Feb 1, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for PTON

Reported

Report Date

Feb 1, 2024

Quarter Q2 2024

Revenue

743.60M

YoY: -6.2%

EPS

-0.54

YoY: +44.9%

Market Move

-4.11%

Previous quarter: N/A

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Earnings Highlights

Revenue of $743.60M down 6.2% year-over-year
EPS of $-0.54 increased by 44.9% from previous year
Gross margin of 38.2%
Net income of -194.90M
""The Treadmill market is 2x that of Bikes. The demand for Tread has been stronger than we anticipated," - Barry McCarthy, CEO." - Barry McCarthy

PTON

Peloton Interactive Inc

Period Q2 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

In the second quarter of fiscal year 2024, Peloton Interactive Inc (PTON) reported revenues of $743.6 million, reflecting a 24.85% quarter-over-quarter increase but a 6.19% year-over-year decline. Despite significant challenges and a fluctuating market, Peloton showcased its ability to grow its subscriber base and improve engagement metrics, marking a notable achievement with a 6% increase in overall platform engagement. Management underscored an optimistic outlook for Tread+ and other product innovations, aiming to stabilize future revenue streams amid shifts toward rental models and refurbished inventory sales. Overcoming supply chain hurdles and improving customer acquisition costs are viewed as vital strategies moving forward.

Key Performance Indicators

Revenue

Decreasing

743.60M

QoQ: 24.85% | YoY: -6.19%

Gross Profit

Increasing

284.40M

38.20% margin

QoQ: -0.39% | YoY: 20.97%

Operating Income

Increasing

-167.40M

QoQ: -26.53% | YoY: 34.28%

Net Income

Increasing

-194.90M

QoQ: -22.35% | YoY: 41.89%

EPS

Increasing

-0.54

QoQ: -22.73% | YoY: 44.90%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: $743.6M (QoQ: +24.85%, YoY: -6.19%)
- Gross Profit: $284.4M (Gross Profit Margin: 38.2%)
- Operating Income: -$167.4M (Operating Margin: -22.5%)
- Net Income: -$194.9M (Net Profit Margin: -26.2%)
- EPS: -$0.54
- Cash and Cash Equivalents: $737.7M
- Long-Term Debt: $1.68B

Year-over-year comparisons reflect pressure from hardware sales declines, although improvements in cash flow from rental models and refurbished sales presented a counter-narrative to overall declines. Management attributed the YoY revenue drop to the ongoing transition in sales strategy and inventory management, stating, "the demand for Tread has been stronger than we anticipated, but we are cautious about fulfilling that demand given our current inventory limitations."

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	743.60M	-6.19%	24.85%
Gross Profit	284.40M	20.97%	-0.39%
Operating Income	-167.40M	34.28%	-26.53%
Net Income	-194.90M	41.89%	-22.35%
EPS	-0.54	44.90%	-22.73%

Key Financial Ratios

Gross Profit Margin

Fair

38.20%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Weak

-0.23%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.26%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.08%

Return on assets suggests inefficient capital allocation

Return on Equity

Strong

39.00%

Return on equity demonstrates excellent capital efficiency and value creation

Current Ratio

Healthy

1.92

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

-4.68

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-2.83x

Negative earnings make P/E ratio not meaningful

Price to Book

Undervalued

-4.42x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	673.90	-0.24	-9.4%	View
Q1 2025	586.00	0.00	-1.6%	View
Q4 2024	643.60	-0.08	+0.2%	View
Q3 2024	717.70	-0.45	-4.2%	View
Q2 2024	743.60	-0.54	-6.2%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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