Peloton Interactive (PTON) Gross Margin (2018 - 2026)

Peloton Interactive has disclosed Gross Margin across 9 years of filings, most recently posting 51.88% for Q1 2026.

• Gross Margin for Q1 2026 came in at 51.88%, up 90.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.96% (up 241.0% YoY), and the FY2025 annual result was 50.92%, up 624.0% from the prior year.
• Gross Margin came in at 51.88% for Q1 2026 at Peloton Interactive, up from 50.46% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 54.06% in Q2 2025 to a low of 4.39% in Q2 2022.
• The 5-year median for Gross Margin is 47.25% (2024), against an average of 40.28%.
• Across the five-year window, Gross Margin plunged 3158 bps in 2022 and soared 3571 bps in 2023, its largest moves.
• Peloton Interactive's Gross Margin stood at 29.65% in 2022, then surged by 36 bps to 40.26% in 2023, then advanced by 17 bps to 47.25% in 2024, then advanced by 7 bps to 50.46% in 2025, then increased by 3 bps to 51.88% in 2026.
• The last three Gross Margin figures came in at 51.88% (Q1 2026), 50.46% (Q4 2025), and 51.51% (Q3 2025), per Business Quant data.