Peloton Interactive, Inc. provided earnings guidance for the third quarter of 2026 and fiscal year 2026. For the quarter, the company expects total Revenue is expected to be in the range of $605 million to $625 million, representing a decrease of $9 million or 1% year-over-year at the midpoint.
For the year, the company expects total Revenue of $2.40 billion to $2.44 billion, representing a decrease of $71 million or 3% year-over-year at the midpoint and a decrease to the outlook provided last quarter.
Peloton Interactive, Inc. is a global fitness company. The Company operates an interactive fitness platform throughout the world, with a community of over six million members. It provides connected, technology-enabled fitness and the streaming of instructor-led boutique classes to its members anytime, anywhere. It has two segments: Connected Fitness Products and Subscription. The Connected Fitness Products segment includes the Company's portfolio of Connected Fitness Products and related accessories, as well as Precor branded fitness products, delivery and installation services, rental lease arrangements, extended warranty agreements, branded apparel, and commercial service contracts. Its Connected Fitness Products include Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide and Peloton Row. Its subscriptions provide access to Peloton content and its library of live and on-demand fitness classes. Its subscriptions are offered on a month-to-month or prepaid basis.