Peloton Interactive (PTON) Operating Expenses (2018 - 2026)

Peloton Interactive has disclosed Operating Expenses across 9 years of filings, most recently posting $274.8 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $274.8 million, down 21.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 15.93% YoY), and the FY2025 annual result was $1.3 billion, down 24.83% from the prior year.
• Operating Expenses came in at $274.8 million for Q1 2026 at Peloton Interactive, down from $345.6 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2022 to a low of $242.4 million in Q3 2025.
• The 5-year median for Operating Expenses is $417.6 million (2023), against an average of $478.0 million.
• Across the five-year window, Operating Expenses jumped 112.08% in 2022 and tumbled 63.92% in 2023, its largest moves.
• Peloton Interactive's Operating Expenses stood at $566.4 million in 2022, then retreated by 14.11% to $486.5 million in 2023, then slipped by 25.12% to $364.3 million in 2024, then dropped by 5.13% to $345.6 million in 2025, then decreased by 20.49% to $274.8 million in 2026.
• The last three Operating Expenses figures came in at $274.8 million (Q1 2026), $345.6 million (Q4 2025), and $242.4 million (Q3 2025), per Business Quant data.