PTON Peloton Interactive margins

Relative Growth: Rel. Growth: 44

Relative Strength: Rel. Strength: 26

Relative Valuation: Rel. Valuation: 81

Relative Profitability: Rel. Profitability: 53

Gross margin

52.6%

Operating margin

6.6%

EBITDA margin

12%

Net margin

2.6%

The Peloton Interactive shows a gross margin of 52.6%, an operating margin of 6.6%, an EBITDA margin of 12%, and a net margin of 2.6%. Operating margin drove the improvement across the available margins, increasing by 8 percentage points.

PTON margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Peloton Interactive's margins averaged 47.68% gross, -8.47% operating, -0.25% EBITDA, and -10.97% net. All four current margins are above their three-year averages.

PTON margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by operating margin with an increase of 8 percentage points.

Gross margin expansion

1.7pp

Operating margin expansion

8pp

EBITDA margin expansion

5.4pp

Net margin expansion

7.4pp

PTON Gross margin

Over the last 3 years, Peloton Interactive's gross margin averaged 47.68%. The current gross margin of 52.6% is 4.9 percentage points above its three-year average. During this period, gross margin reached a high of 52.6% in Jun 2026 and a low of 38.7% in Dec 2023.

PTON Operating margin

Looking back over the last 3 years, Peloton Interactive recorded an average operating margin of -8.47%. Peloton Interactive's current operating margin is 6.6% and is 15.1 percentage points above its three-year average. The highest operating margin for Peloton Interactive was 6.6% in Jun 2026, while the lowest was -29.7% in Dec 2023.

PTON EBITDA margin

Peloton Interactive's EBITDA margin averaged -0.25% across the past 3 years. The current EBITDA margin stands at 12%, 12.3 percentage points above its three-year average. Over the last 3 years, Peloton Interactive's EBITDA margin peaked at 12% in Jun 2026 and reached a low of -21% in Dec 2023.

PTON Net margin

Looking back over the last 3 years, Peloton Interactive recorded an average net margin of -10.97%. Peloton Interactive's current net margin is 2.6% and is 13.6 percentage points above its three-year average. The highest net margin for Peloton Interactive was 2.6% in Jun 2026, while the lowest was -31.9% in Dec 2023.

PTON margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 52.6%, PTON is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 36.2%, Peloton Interactive's gross margin is 45% higher.

PTON margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Peloton Interactive's gross margin?

As of Jun 30, 2026, PTON has a gross margin of 52.6%.

What is Peloton Interactive's operating margin?

As of Jun 30, 2026, PTON has an operating margin of 6.6%.

What is Peloton Interactive's EBITDA margin?

For the period ending Jun 30, 2026, PTON recorded an EBITDA margin of 12%.

What is Peloton Interactive's net margin?

As of Jun 30, 2026, PTON has a net margin of 2.6%.

What are the average margins of PTON?

Over the past 3 years, PTON reported average margins of 47.7% gross, -8.5% operating, -0.3% EBITDA, and -11.0% net.

What are the highest historical margins of PTON?

Within the 5-year period, PTON recorded its highest margins at 52.6% gross in Jun 2026, 6.6% operating in Jun 2026, 12% EBITDA in Jun 2026, and 2.6% net in Jun 2026.

What are the lowest historical margins of PTON?

Peloton Interactive's lowest recorded margins during the past 5 years were 19.2% gross in Sep 2022, -86.9% operating in Dec 2022, -79.8% EBITDA in Dec 2022, and -90.3% net in Dec 2022.