By Nate Wolf
Shares of Peloton Interactive fell Thursday after the connected-fitness company reported a quarterly loss and an unexpected drop in revenue.
Peloton posted a loss of 9 cents a share for its fiscal second quarter, wider than the loss of 5 cents analysts had expected, according to FactSet. Revenue totaled $656.5 million, a 3% decline from the year before and below Wall Street's call for $675.6 million.
Peloton stock plunged 10% in premarket trading on Thursday. Shares had fallen 30% over the last 12 months as of Wednesday's close.
The company attributed the falling revenue to lower-than-expected product sales to existing members. But the loss of members also continues to be a problem. Paid subscribers fell 7% from the prior year in the second quarter.
Write to Nate Wolf at nate.wolf@barrons.com
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February 05, 2026 07:29 ET (12:29 GMT)
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