Peloton posts first ever annual net profit, but shares drop as outlook disappoints

Peloton reported net profit of $8 million in fiscal 2026, its first annual profit since the company's founding. The fitness equipment and streaming service company's revenue declined 3 percent year-over-year in the fiscal year ending June 30, 2026. Peloton's stock price fell following the earnings announcement, with the company providing a lower revenue guidance for fiscal 2027 than Wall Street expected.

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