Peloton(PTON) - 2025 Q4 - Annual Results

FY2025 Highlights * For a reconciliation of all non-GAAP financial measures to their most directly comparable GAAP financial measure, and rationale for why we rely on these measures, see the reconciliation tables below. FY2025 Shareholder Letter August 7, 2025 Dear Shareholders, When I started at Peloton, I promised to share our strategy during our fiscal year-end earnings. So here it is–simple and short, with the assurance that we will bring this strategy to life throughout the year, including through a re ...