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Peloton Interactive, Inc. PTON Subscription — Cost of Revenue

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Other financials

Income statement

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Revenue$630.9M+1.1%
Gross profit$327.2M+2.9%
Operating income$52.5M+262%
Net income$26.4M+155%
EPS (diluted)$0.06+150%

Balance sheet

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Cash & equivalents$1.2B+21.8%
Total debt$1.4B-16.0%
Total equity-$241.9M+50.8%
Total assets$2.0B-2.3%

Cash flow

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Operating cash flow$152.7M+57.9%
CapEx$2.2M+4.8%
Free cash flow$150.5M+59.1%

Valuation

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Market cap$2.36B-25.9%
Enterprise value$2.57B-35.3%
P/S-0.3×

Profitability

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Gross margin52%+2.4pp
Operating margin-5.1%-2.3pp
Net margin-6.8%-2.9pp
FCF margin16.4%

Returns & leverage

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Return on equity-229.7%-328pp
Debt / equity46.9×+46.6×
Current ratio2.5×+0.8×

Where this comes from

Reported directly by Peloton Interactive, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Peloton Interactive, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Peloton Interactive, Inc.'s subscription — cost of revenue?
Peloton Interactive, Inc. (PTON) reported subscription — cost of revenue of $123.6M in Q1 2026.
How has Peloton Interactive, Inc.'s subscription — cost of revenue changed year-over-year?
Peloton Interactive, Inc.'s subscription — cost of revenue decreased by 4.8% year-over-year, from $129.8M to $123.6M.
What is the long-term trend for Peloton Interactive, Inc.'s subscription — cost of revenue?
Over 4 years (2021 to 2025), Peloton Interactive, Inc.'s subscription — cost of revenue has grown at a 11.8% compound annual growth rate (CAGR), from $330.5M to $516.6M.
What does subscription — cost of revenue mean?
This metric includes all direct costs incurred to provide subscription services, such as content production, platform hosting, and customer support for digital members. Monitoring this helps evaluate the scalability and cost-efficiency of the digital fitness platform.