earnings
confidence high
sentiment positive
materiality 0.75
Peloton Q1 FY25 net loss narrows to $1M; positive operating income and free cash flow
PELOTON INTERACTIVE, INC.
2025-Q1 EPS reported
$0.00
revenue$586,000,000
- GAAP net loss of $1M, improvement of $158M YoY; GAAP operating income of $13M, up $145M YoY.
- Adjusted EBITDA of $116M; free cash flow of $11M; net cash from operations $12M, up $92M YoY.
- Connected Fitness Gross Margin 9.2% (+600 bps YoY); Subscription Gross Margin 67.8%; 2.9M Paid Connected Fitness subscribers.
- Operating expenses down $126M or 30% YoY; Sales & Marketing down $64M or 44% YoY; media spend lowest since FY2020.
- On track for >$200M run-rate cost savings by end FY25; raised prices on Bike/Bike+ internationally and Row in NA.