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Peloton Interactive (PTON) Operating Expenses (2018 - 2025)

Peloton Interactive (PTON) has disclosed Operating Expenses for 8 consecutive years, with $345.6 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 5.13% to $345.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.2 billion through Dec 2025, down 16.8% year-over-year, with the annual reading at $1.3 billion for FY2025, 24.83% down from the prior year.
  • Operating Expenses hit $345.6 million in Q4 2025 for Peloton Interactive, up from $242.4 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.
  • Historically, Operating Expenses has averaged $509.9 million across 5 years, with a median of $457.2 million in 2021.
  • Biggest five-year swings in Operating Expenses: soared 179.46% in 2021 and later tumbled 63.92% in 2023.
  • Year by year, Operating Expenses stood at $706.6 million in 2021, then fell by 19.84% to $566.4 million in 2022, then fell by 14.11% to $486.5 million in 2023, then decreased by 25.12% to $364.3 million in 2024, then fell by 5.13% to $345.6 million in 2025.
  • Business Quant data shows Operating Expenses for PTON at $345.6 million in Q4 2025, $242.4 million in Q3 2025, and $298.5 million in Q2 2025.