Peloton Interactive, Inc. — Q1 FY2027 Earnings Summary

Peloton Interactive reported Q1 FY2027 total revenue of $559 million, marking a 2% year-over-year increase and exceeding guidance by $4 million. The company achieved GAAP net income of $96 million and adjusted EBITDA of $168 million, while GAAP net cash provided by operating activities rose 103% to $146 million. Total gross margin improved significantly to 61.3%, driven by a 975 basis point year-over-year increase, and the company reduced its gross principal debt outstanding by nearly $500 million during calendar year 2026. Looking ahead, Peloton forecasts Q2 FY2027 revenue between $625 million and $650 million and full-year FY2027 revenue between $2.30 billion and $2.40 billion.