Peloton Interactive (PTON) Gross Margin (2018 - 2026)
Peloton Interactive's Gross Margin was 56.67% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 2.61 percentage points from 54.06% a year earlier and up 4.79 percentage points from the prior quarter.
Powered by 
Analysis
Peloton Interactive (PTON) Gross Margin (2018 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Gross Margin at Peloton Interactive came in at 52.60%, up 1.68 percentage points from FY2025.
- Gross Margin has now increased for four consecutive fiscal years, with a five-year change of +16.44 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 50.92% in FY2025 (+6.24 pp), 44.68% in FY2024 (+11.70 pp), 32.98% in FY2023 (+13.48 pp) and 19.50% in FY2022 (-16.67 pp).
- The fiscal Q4 2026 figure marks the highest quarterly Gross Margin in data going back to fiscal Q1 2019.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of +3.84 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q4 2023 (a gain of 35.71 percentage points); the worst was fiscal Q4 2022 (a drop of 31.58 percentage points).
- Per Business Quant data, PTON's Gross Margin in the three fiscal quarters before Q4 2026 was 51.88% (Q3 2026), 50.46% (Q2 2026) and 51.51% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | 65.64% |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 76.10% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 54.37% |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | 48.17% |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | 66.66% |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 50.10% |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 56.67% |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | 34.70% |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | 21.35% |
| 10 | Smith & Wesson Brands | 629.10 Mn | 541.36 Mn | 32.27 Mn | 28.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.67% |
| Mar 31, 2026 | 51.88% |
| Dec 31, 2025 | 50.46% |
| Sep 30, 2025 | 51.51% |
| Jun 30, 2025 | 54.06% |
| Mar 31, 2025 | 50.98% |
| Dec 31, 2024 | 47.25% |
| Sep 30, 2024 | 51.84% |
| Jun 30, 2024 | 48.48% |
| Mar 31, 2024 | 43.15% |
| Dec 31, 2023 | 40.26% |
| Sep 30, 2023 | 47.93% |
| Jun 30, 2023 | 31.32% |
| Mar 31, 2023 | 36.08% |
| Dec 31, 2022 | 29.65% |
| Sep 30, 2022 | 35.23% |
| Jun 30, 2022 | -4.39% |
| Mar 31, 2022 | 19.10% |
| Dec 31, 2021 | 24.78% |
| Sep 30, 2021 | 32.66% |
API Access
Peloton Interactive Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PTON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PTON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PTON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();