Peloton nudges up full-year guidance, shares spark

(Sharecast News) - Shares of Peloton Interactive shot higher on Thursday after the company nudged up its full-year guidance.

Peloton posted a 1% uptick in third-quarter revenue to $631m, which was $6m above its guidance range. The company said this was driven mainly by outperformance in Connected Fitness equipment sales across both Peloton and Precor brands.

Net income for the period came in at $26.4m from a loss of $47.7m in the third quarter of 2025. Adjusted earnings before interest, tax, depreciation and amortisation were $126m, up 41% year-over-year and within the company's guidance range.

Net debt in the quarter was $173m, down 70% year-on-year.

Peloton said it now expects full-year total revenue of $2.42bn to $2.44bn, having previously given a range of $2.40bn to $2.44bn. It also said it expects adjusted EBITDA of $470m to $480m, versus previous guidance of between $450m and $500m.

Free cash flow of around $350m is expected for the full year, up from previous guidance of $275m.

Chief executive and president Peter Stern said: "In Q3 we made great progress on deepening our relationships with our members, growing our opportunities to reach new members globally, diversifying our revenue streams, and planting new seeds for future growth. At the same time we continue to strengthen our financial foundation, highlighted by revenue growth, a significant increase in adjusted EBITDA, and a dramatic reduction in net debt.

"With the announcement of the Peloton Commercial Series and the recent launch of our global Spotify partnership, we are accelerating our evolution into a comprehensive, global wellness ecosystem."

At 1450 BST, the shares were up 5.2% at $5.47.

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