Growth Metrics

Peloton Interactive (PTON) Gross Margin (2018 - 2025)

Peloton Interactive (PTON) has disclosed Gross Margin for 8 consecutive years, with 50.46% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 322.0% to 50.46% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 51.73% through Dec 2025, up 427.0% year-over-year, with the annual reading at 50.92% for FY2025, 624.0% up from the prior year.
  • Gross Margin hit 50.46% in Q4 2025 for Peloton Interactive, down from 51.51% 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.
  • Historically, Gross Margin has averaged 37.64% across 5 years, with a median of 38.17% in 2023.
  • Biggest five-year swings in Gross Margin: tumbled -3158bps in 2022 and later surged 3571bps in 2023.
  • Year by year, Gross Margin stood at 24.78% in 2021, then grew by 20bps to 29.65% in 2022, then skyrocketed by 36bps to 40.26% in 2023, then grew by 17bps to 47.25% in 2024, then grew by 7bps to 50.46% in 2025.
  • Business Quant data shows Gross Margin for PTON at 50.46% in Q4 2025, 51.51% in Q3 2025, and 54.06% in Q2 2025.