Peloton raises 2025 revenue forecast, counts on video subscriber growth - Regional Media News

Peloton Sees Decline in Subscription Churn to 1.2% in Q3, Raises Full-Year Guidance

Peloton Interactive reported strong results Thursday (May 8) for the third quarter, surpassing guidance on key metrics and showcasing progress on profitability. The company also raised its full-year fiscal 2025 guidance across several key financial measures. CEO Peter Stern highlighted achieving key metrics, improving member outcomes, expanding market reach, and enhancing efficiency during the company’s earnings call on Thursday. Personalized Pl…

Peloton Finds Stability in Subscriptions Despite Hardware Slump

Peloton’s Q3 FY25 results revealed a mixed but strategically promising quarter for the connected fitness brand. While total revenue declined 13% year-over-year to $624 million and hardware revenue dropped 27%, Peloton maintained its paid connected fitness subscriber base at 2.88 million, beating guidance by 10,000. Churn was flat year-over-year at 1.2%, with a slight improvement over the previous… Source

Peloton raises 2025 revenue forecast, counts on video subscriber growth - Regional Media News

(Reuters) -Fitness company Peloton Interactive raised its 2025 revenue forecast on Thursday, banking on an increase in subscriptions for its instructional videos to offset slowing demand for its exercise equipment. Peloton, which makes equipment such as spin bikes and treadmills, has been pivoting away from hardware to transition into a software-first company. Its turnaround strategy involves pushing subscriber growth for live and on-demand work…