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Peloton lifts guidance on better-than-expected first quarter

By Abigail Townsend

Date: Friday 07 Nov 2025

Peloton lifts guidance on better-than-expected first quarter

(Sharecast News) - Shares in Peloton Interactive Inc powered ahead on Friday, after quarterly numbers from the US fitness brand beat expectations.
The firm, which sells exercise equipment and subscriptions to streamed fitness classes, posted a 6% decline in first-quarter revenues, to $550.8m.

However, the fall in revenues was better than Peloton had initially guided. Consensus had been for $539.8m.

Earnings before earnings, interest, tax, depreciation and amortisation, meanwhile, jumped 11% to $118.3m in the three months to September end.

The group flagged the release of new hardware during the quarter, including exercise bikes, treadmills and rowing machines. It also launched Peloton IQ, which uses artificial intelligence to set personalised guidance for users.

Increased average workout time per connected fitness subscription increased 5% year-on-year.

As a result, Peloton lifted guidance for full year earnings by $25m, to between $425m and $475m.

The Nasdaq-listed stock put on 4% in pre-market trading.

Founded in 2021, Peloton enjoyed an unprecedented surge in demand during the pandemic.

Since then, however, customers have returned to exercising away from the home, while the weaker macroeconomic backdrop has deterred big ticket spending.

Former Apple executive Peter Stern joined as chief executive at the start of this year, with a brief to turn the business around.

He said on Friday: "Our continued momentum on bottom line performance sets the stage for improvements on the top line as we progress through the fiscal year.

"I am confident in our team's ability to execute our strategic plan, return to Peloton to profitable growth and extend Peloton's lead in connected fitness and wellness."

On Thursday, Peloton confirmed it would recall around 833,000 units of its Original Bike+ Model PL02, after reports that the seat could break during use.

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