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Peloton (PTON) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2026, Peloton (PTON - Free Report) reported revenue of $559.2 million, up 1.5% over the same period last year. EPS came in at $0.19, compared to $0.03 in the year-ago quarter.

The reported revenue represents a surprise of +0.62% over the Zacks Consensus Estimate of $555.77 million. With the consensus EPS estimate being $0.11, the EPS surprise was +72.73%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Peloton performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Ending Paid App Subscriptions: 487,000 compared to the 504,267 average estimate based on three analysts.
  • Average Net Monthly Paid Connected Fitness Subscription Churn: 1.7% versus the three-analyst average estimate of 1.8%.
  • Revenues- Subscription: $410.7 million versus $413.62 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3.1% change.
  • Revenues- Connected Fitness Products: $148.5 million versus the four-analyst average estimate of $143.04 million. The reported number represents a year-over-year change of -2.6%.
  • Gross profit- Subscription: $293 million compared to the $296.92 million average estimate based on four analysts.
  • Gross profit- Connected Fitness Products: $49.6 million versus $20.05 million estimated by four analysts on average.

View all Key Company Metrics for Peloton here>>>

Shares of Peloton have returned +12.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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