Peloton Interactive (PTON) Research & Development (2018 - 2026)

Peloton Interactive (PTON) posted Research & Development of $98.1 million for Q1 2026, down 35.5% sequentially from $152.1 million in Q4 2025, and down 7.89% YoY from $106.5 million in Q1 2025.

Peloton Interactive (PTON) Research & Development (2018 - 2026) Analysis & Trends

Peloton Interactive has reported Research & Development for 9 years, with the latest figure at $98.1 million in Q1 2026.

  • Quarterly Research & Development fell 7.89% year-over-year to $98.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $560.2 million (down 13.66% YoY) and the FY2025 annual result came in at $421.6 million, down 36.01% from the prior year.
  • Research & Development fell to $98.1 million in Q1 2026 per PTON's latest filing, from $152.1 million in the prior quarter.
  • Over five years, Research & Development peaked at $423.5 million in Q2 2024 and troughed at -$501.3 million in Q2 2022.
  • A 5-year average of $99.9 million and a median of $98.1 million in 2026 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2024: Research & Development slumped 635.01% in 2022, then surged 207.33% in 2024.
  • Over 5 years, Research & Development stood at $80.0 million in 2022, then dropped by 0.12% to $79.9 million in 2023, then declined by 24.53% to $60.3 million in 2024, then soared by 152.24% to $152.1 million in 2025, then slumped by 35.5% to $98.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $98.1 million, $152.1 million, and $66.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amer Sports 18.61 Bn 17.92 Bn 1.17 Bn -
2 Hasbro 13.64 Bn 12.26 Bn 867.20 Mn 93.60 Mn
3 Life Time Group Holdings 9.88 Bn 9.65 Bn 412.26 Mn -
4 Acushnet Holdings 5.40 Bn 5.33 Bn 445.83 Mn 20.76 Mn
5 Mattel 4.25 Bn 3.73 Bn 542.12 Mn -
6 Planet Fitness 3.74 Bn 3.34 Bn 300.73 Mn -
7 YETI Holdings 3.58 Bn 3.52 Bn 322.52 Mn -
8 Callaway Golf 3.01 Bn 2.73 Bn 306.70 Mn 15.80 Mn
9 Onespaworld Holdings 2.75 Bn 2.70 Bn 84.35 Mn -
10 Peloton Interactive 2.29 Bn 1.08 Bn 344.40 Mn 83.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 83.50 Mn
Mar 31, 2026 98.10 Mn
Dec 31, 2025 152.10 Mn
Sep 30, 2025 66.80 Mn
Jun 30, 2025 243.20 Mn
Mar 31, 2025 106.50 Mn
Dec 31, 2024 60.30 Mn
Sep 30, 2024 58.50 Mn
Jun 30, 2024 423.50 Mn
Mar 31, 2024 170.30 Mn
Dec 31, 2023 79.90 Mn
Sep 30, 2023 78.70 Mn
Jun 30, 2023 137.80 Mn
Mar 31, 2023 78.20 Mn
Dec 31, 2022 80.00 Mn
Sep 30, 2022 138.70 Mn
Jun 30, 2022 -501.30 Mn
Mar 31, 2022 227.70 Mn
Dec 31, 2021 348.90 Mn
Sep 30, 2021 97.70 Mn