Growth Metrics

Peloton Interactive (PTON) Research & Development (2018 - 2025)

Peloton Interactive's Research & Development history spans 8 years, with the latest figure at $65.0 million for Q4 2025.

  • For Q4 2025, Research & Development rose 7.79% year-over-year to $65.0 million; the TTM value through Dec 2025 reached $242.5 million, down 8.49%, while the annual FY2025 figure was $234.2 million, 23.16% down from the prior year.
  • Research & Development for Q4 2025 was $65.0 million at Peloton Interactive, up from $62.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $99.8 million in Q4 2021 and bottomed at $55.8 million in Q2 2025.
  • The 5-year median for Research & Development is $77.0 million (2022), against an average of $75.4 million.
  • The largest annual shift saw Research & Development soared 228.77% in 2021 before it decreased 25.67% in 2024.
  • A 5-year view of Research & Development shows it stood at $99.8 million in 2021, then dropped by 19.84% to $80.0 million in 2022, then fell by 0.12% to $79.9 million in 2023, then dropped by 24.53% to $60.3 million in 2024, then grew by 7.79% to $65.0 million in 2025.
  • Per Business Quant, the three most recent readings for PTON's Research & Development are $65.0 million (Q4 2025), $62.1 million (Q3 2025), and $55.8 million (Q2 2025).