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

Peloton Interactive has disclosed Operating Margin across 9 years of filings, most recently posting 8.32% for Q1 2026.

• Operating Margin for Q1 2026 came in at 8.32%, up 1351.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.46% (up 957.0% YoY), and the FY2025 annual result was 1.45%, up 1814.0% from the prior year.
• Operating Margin came in at 8.32% for Q1 2026 at Peloton Interactive, up from 2.18% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 8.32% in Q1 2026 to a low of 178.69% in Q2 2022.
• The 5-year median for Operating Margin is 20.37% (2024), against an average of 29.24%.
• Across the five-year window, Operating Margin slumped 14651 bps in 2022 and soared 14353 bps in 2023, its largest moves.
• Peloton Interactive's Operating Margin stood at 41.79% in 2022, then surged by 40 bps to 25.16% in 2023, then jumped by 73 bps to 6.81% in 2024, then soared by 68 bps to 2.18% in 2025, then surged by 482 bps to 8.32% in 2026.
• The last three Operating Margin figures came in at 8.32% (Q1 2026), 2.18% (Q4 2025), and 7.5% (Q3 2025), per Business Quant data.