Peloton (PTON) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Peloton reported $624 million in revenue for the quarter ended March 2025, reflecting a year-over-year decline of 13.1% and an EPS of -$0.12 compared to -$0.45 a year ago, with a revenue surprise of +0.69% against the Zacks Consensus Estimate of $619.71 million [1] Financial Performance - The company experienced a significant decline in revenue from Connected Fitness Products, reporting $205.50 million, which is a -26.6% change year-over-year, while Subscription revenues were $418.50 million, down -4.4% year-over-year [4] - Ending Connected Fitness Subscriptions were reported at 2,880, slightly above the average estimate of 2,862, while Paid App Subscriptions reached 573,000, exceeding the average estimate of 569,348 [4] - Average Net Monthly Connected Fitness Churn was reported at 8.1%, significantly higher than the estimated 1.4% [4] Market Performance - Peloton's shares have returned +18.9% over the past month, outperforming the Zacks S&P 500 composite's +11.3% change, and the stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]