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Peloton Posts Revenue Beat as Price Hikes Fuel Growth
business19 days ago

Peloton Posts Revenue Beat as Price Hikes Fuel Growth

Peloton beat revenue estimates in fiscal Q3 2026, delivering $630.9 million in revenue and 6-cent EPS, with net income of $26.4 million. Free cash flow rose nearly 60%. Revenue guidance for the full year was raised to $2.42–$2.44 billion. Subscription revenue reached $428 million, while connected fitness subscribers declined to 2.66 million. The company cited price increases and its Spotify partnership as value-driven moves to boost profitability and reach more customers.

via CNBC|
#business#earnings#peloton
business29 days ago

Spotify Ventures Into Fitness With Guided Workouts and Peloton Partnership

Spotify is expanding beyond music and podcasts by launching a Fitness hub with guided workouts and wellness content; Premium users in supported markets will access Peloton’s ad‑free, on-demand classes (over 1,400) alongside curated playlists and workouts across strength, cardio, yoga, and meditation, with offline downloads and cross‑device streaming, aiming to become a daily wellness companion rather than just a soundtrack.

via Spotify|
#business#fitness#peloton
Spotify Teams Up With Peloton to Bring 1,400 On-Demand Workouts to Its App
business29 days ago

Spotify Teams Up With Peloton to Bring 1,400 On-Demand Workouts to Its App

Spotify is expanding into fitness by partnering with Peloton to bring more than 1,400 on‑demand workout classes from Peloton instructors into the Spotify app for paid users (no Peloton bike workouts), launching April 27 with English, German and Spanish content. The move taps into growing fitness interest on Spotify and supports its broader push into video and creator monetization, aiming to boost time spent on the app. Peloton content will come from external creators, and Spotify has no current plan to invest in its own wellness library, signaling more partnerships to come.

via The Hollywood Reporter|
#business#fitness#on-demand
Spotify Launches Fitness Hub With 1,400 Peloton Workouts for Premium Users
technology29 days ago

Spotify Launches Fitness Hub With 1,400 Peloton Workouts for Premium Users

Spotify rolled out a Fitness hub offering over 1,400 on-demand Peloton workouts for Premium subscribers, plus content from independent wellness creators. Peloton bike classes aren’t included. The catalog is available in the US, UK, Australia, Germany, Austria, Canada, Mexico, Sweden, and Spain, with plans to expand. An onboarding questionnaire personalizes a starter pack; offline downloads and audio-only listening are supported, and most classes run in English with some Spanish and German. Free and Premium subscribers can access curated wellness content, while Peloton classes are Premium-only and ad-free.

via MacRumors|
#fitness#peloton#spotify
Spotify bets on fitness with Peloton-guided workouts across devices
tech29 days ago

Spotify bets on fitness with Peloton-guided workouts across devices

Spotify is expanding beyond music by launching a Fitness hub with Peloton-guided classes and content from creators like Yoga with Kassandra; Premium subscribers get access to over 1,400 Peloton workouts, and the new fitness content works across mobile, desktop, and TV without special equipment, with markets rolling out gradually and content primarily in English (with some Spanish and German options).

via The Verge|
#cross-platform#fitness#peloton
Peloton bets on gym floors with Commercial Bike and Tread
business2 months ago

Peloton bets on gym floors with Commercial Bike and Tread

Peloton is launching its Commercial Series—the first Bike and Tread built for high-traffic gym floors—in a bid to grow beyond slower consumer sales. Developed with Precor, the rugged equipment will ship in late 2026 and launch in the U.S., U.K., Canada, Germany, Australia and Austria, with pricing to be announced closer to release. Peloton hopes the commercial push will leverage its digital platform and international distribution network to scale, as the commercial unit posted about 10% revenue growth last quarter despite overall weak results; some gym operators may resist adopting external brands.

via CNBC|
#business#commercial-fitness#fitness-industry-growth
Peloton Workouts Now Automatically Sync to Garmin Connect
sports-technology2 months ago

Peloton Workouts Now Automatically Sync to Garmin Connect

Peloton workouts can now automatically sync into Garmin Connect, bringing Peloton data (distance, duration, heart rate, cadence, power on Bike, calories, training load/effects) to Garmin metrics and your watch. Setup is via the Peloton app: Settings > Connected Apps & Devices > Garmin Connect, then authorize. Completed Peloton workouts (on Bike, Tread, or app) push to Garmin Connect and update metrics like Training Status and Recovery. Power data may depend on device, and calorie numbers can differ slightly. Previously Garmin→Peloton was possible; this enhances security by avoiding third‑party apps and streamlining data flow.

via DC Rainmaker|
#fitness-technology#garmin-connect#peloton
Peloton’s Holiday Slump Tests AI Redesign Despite Profit Push
business3 months ago

Peloton’s Holiday Slump Tests AI Redesign Despite Profit Push

Peloton reported a softer holiday quarter, missing revenue ($657M vs $674M expected) and earnings (loss of 9c per share vs 6c expected), with hardware and subscription sales also brief of forecasts. The company cautioned that demand remains sluggish, guiding Q3 revenue to $605–$625M (below consensus $638M). Yet adjusted EBITDA beat expectations at $81M and the full-year target was raised to $450–$500M from $425–$475M, aided by 39% year-over-year EBITDA growth and debt reduction. CFO Liz Coddington is leaving, and CEO Peter Stern framed the results as a balance of innovation and profitability, signaling ongoing product upgrades and pricing adjustments despite weaker demand for the AI-driven lineup.

via CNBC|
#business#earnings#guidance
Peloton Recalls 833,000 Bikes Over Seat Post Safety Concerns
business6 months ago

Peloton Recalls 833,000 Bikes Over Seat Post Safety Concerns

Peloton is recalling 833,000 of its original Bike+ bikes due to a seat post defect that has caused two injuries and led to the detachment of the seat during use. Consumers are advised to stop using the bikes immediately and contact Peloton for a free repair, which involves installing a new seat post at home. This recall is part of a series of product safety issues faced by Peloton, including a previous recall of 2.2 million units of its base Bike models and a treadmill incident in 2021. The company is actively working to restore growth amid these challenges.

via CNBC|
#bike#business#injuries
Peloton Unveils AI-Driven Product Overhaul and Major Hardware Launch
business7 months ago

Peloton Unveils AI-Driven Product Overhaul and Major Hardware Launch

Peloton announced new versions of its Bike, Tread, and Row with advanced features like swivel screens, faster chips, and AI-powered personalized coaching, alongside price hikes for hardware and memberships, leading to a drop in its stock price. The company also acquired Breathwrk and plans to enhance user experience with AI and camera integrations, aiming to revitalize its brand under new leadership.

via Bloomberg.com|
#ai#business#fitness-technology