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Mar 31, 2021
Peloton Q3 2021 Earnings Report
Peloton's Q3 performance was marked by substantial growth in revenue and connected fitness subscriptions, alongside strategic investments in supply chain and international expansion.
Key Takeaways
Peloton's Q3 2021 saw a 141% increase in total revenue, reaching $1,262.3 million, driven by strong growth in Connected Fitness subscriptions, which grew 135% to over 2.08 million. The company reported a net loss of $(8.6) million, but Adjusted EBITDA was $63.2 million, representing a 5.0% margin. Member engagement was strong, with average monthly workouts per Connected Fitness Subscription reaching 26.0.
Connected Fitness Subscriptions increased by 135% to over 2.08 million.
Total revenue grew 141% to $1,262.3 million.
Average Net Monthly Connected Fitness Churn was at a six-year low of 0.31%.
Digital Subscriptions grew 404% to approximately 891,000.
Revenue by Segment
Forward Guidance
Management will offer revised full-year guidance during prepared remarks on today’s earnings conference call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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