Peloton Q4 net income $21.6 million as FY26 revenue outlook falls 2% at midpoint
Peloton reported fiscal fourth-quarter and full-year FY2025 results on August 7, 2025. Q4 total revenue fell 6% year-over-year to $606.9 million, while GAAP net income was $21.6 million, compared with a net loss of $30.5 million a year earlier, and Adjusted EBITDA rose 99% to $140.0 million. The company guided FY26 total revenue to $2.4 billion to $2.5 billion, a 2% decline at the midpoint, and announced a restructuring plan targeting at least $100 million of run-rate savings by the end of FY26.
Key points
- Q4 FY25 total revenue was $606.9 million, down 6% year-over-year, with Total Gross Margin of 54.1%.
- Q4 GAAP net income was $21.6 million versus a net loss of $30.5 million in Q4 FY24; Adjusted EBITDA was $140.0 million.
- FY26 guidance: total revenue of $2.4 billion to $2.5 billion and Adjusted EBITDA of $400 million to $450 million.
- Q1 FY26 total revenue is guided to $525.0 million to $545.0 million, down 9% at the midpoint; restructuring targets at least $100 million of run-rate savings by the end of FY26.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.