Peloton’s full-year revenues exceed $4 billion, but growth slows and losses mount
August 30, 2021
Peloton Interactive’s fourth-quarter revenue grew 54% over last year’s final quarter, to $937 million, as the company’s fiscal year revenues topped $4 billion for the first time. However, although the quarterly sales total was ahead of estimates, the company lost $313 million in the quarter and the growth rate declined from last year’s growth of 172%. BRAIN
