CEO Peter Stern said in the company’s latest earnings report that “Peloton delivered its first full year of net profitability” in 2026, after launching a new hardware lineup that initially had “weaker-than-expected” sales. At the same time, Peloton lost 247,000 subscribers year-over-year. [Link: Peloton Announces Q4 & FY2026 Financial Results | https://investor.onepeloton.com/news-releases/news-release-details/peloton-announces-q4-fy2026-financial-results | Peloton]

Peloton delivered its first ever annual profit in fiscal 2026 but it's still working to generate sales growth as consumers pull back on big ticket purchases.

The connected fitness company posted $63 million in net income for fiscal 2026, but its stock fell on a weaker-than-expected revenue forecast