This morning, Peloton released the latest data for their fiscal year 2025 second quarter.
Peloton’s new CEO Peter Stern joined the call to give his outlook, although the quarter that was being reported on ended on December 31, 2024 – just prior to him starting.
In the call, the company talked about how they would spend the remainder of the year focusing on building up a strong financial base – before they look towards growth in the years ahead. The letter released to investors stated:
We see significant opportunities ahead, but we have a steep hill to climb to reach sustained, profitable growth. Returning to growth begins with a new focus on and execution against our purpose – empowering people to live fit, strong, long and happy.
The company beat or exceeded many benchmarks they had previously set for themselves or that analysts had forecast. For example, they earned $674 million in revenue, while analysts had only expected to see $654 million. However, the company ended up having a loss of 24 cents per share, while analyst estimates had put that number to be only a 18 cent per share loss.

While sales declined year over year from $744 million to $674 million, the company has been cutting millions worth of expenses. As such, the total gross profit increased year over year from $299 million to $318 million. This saw Peloton end up with an adjusted EBITDA of $58.4 million for the quarter.
You can see see the data from Peloton here.
Along with releasing the financial information, Peloton also shared that it was increasing their estimates for total revenue, total gross margin, free cash flow, adjusted EBIDTA, and ending paid connected fitness subscriptions for the entire fiscal year from prior estimates based on positive signs the company is seeing.
The company also shared that they will be “Innovating on our products and experiences so we can deliver even better outcomes for our Members.” In addition, they are continuing to try to raise awareness of their other class types beyond cycling. They shared the statistic that over 2 million individual users (out of the total 6 million+) had taken at least one strength workout last quarter.
Investors reacted positively to the news, with the stock stabilizing to around a 9-10% increase after popping higher earlier in the morning during pre-market trading following the data being released.
Support the site! Enjoy the news & guides we provide? Help us keep bringing you the news. Pelo Buddy is completely free, but you can help support the site with a one-time or monthly donation that will go to our writers, editors, and more. Find out more details here.
Get Our Newsletter Want to be sure to never miss any Peloton news? Sign up for our newsletter and get all the latest Peloton updates & Peloton rumors sent directly to your inbox.

Why didn’t you mention that “Connected Fitness Subscribers: 2.88 million, down 125,000 year on year”