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Peloton(PTON) shares plummet 12% as revenue declines in sixth year

2026-08-07 00:50:03
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Key points

Subscribers continue to shrink

Management emphasizes product pipeline

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Peloton shares plunged 12% to $5.76 as the company predicts revenue will decline for the sixth consecutive year.

Adjusted earnings per share for the fourth quarter were $0.13, higher than the consensus market expectation of $0.12; revenue was $607.7 million, exceeding expectations of $596.6 million.

Full-year revenue forecast for fiscal 2027 is US$2.3 billion to US$2.4 billion, lower than analysts 'expectations of US$2.44 billion.

The paid user base fell 8.8% year-on-year to 2.55 million, and the outlook for the first quarter shows that the number of users will continue to decline.

CEO Peter Stern emphasized that upcoming new product releases are a key driver in reversing revenue trends.

Peloton shares plunged 12% to $5.76 on Thursday, the fitness equipment maker's biggest one-day drop since February 5, 2026. Although the company's fourth-quarter results exceeded Wall Street expectations, its share price fell sharply.

Peloton Interactive, Inc. (Stock code: PTON)

The company's adjusted earnings per share for the quarter were $0.13, exceeding analysts 'consensus forecast of $0.12. Total revenue for the quarter ended June 30 reached $607.7 million, above expectations of $596.6 million. Net income increased significantly to $61.6 million from $21.6 million in the same period last year.

However, solid quarterly results did not satisfy market participants.

PELOTON $PTON Q4’26 EARNINGS HIGHLIGHTS

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