Peloton Q4 net loss widens to $1.2B as revenue plummets 28%

August 25, 2022

Peloton’s Q4 2022 earnings report on Thursday showed revenue dropped 28% year over year from $936.9 million to $678.7 million. Revenue from its connected fitness products fell 55% to $295.6 million, while subscription revenue grew 36% to $383.1 million. Net loss widened 297% to $1.2 billion. Retail Dive