Peloton Announces Fiscal Q1 2027 Earnings and Refinancing Deal

• Peloton reported third consecutive quarter of year-over-year revenue growth in fiscal Q1 2027.
• Peloton achieved a net debt-free balance sheet as of the earnings call on Nov. 5, 2026.
• Peloton is raising about $600 million through a junk-bond offering, its first time tapping the junk-bond market.
• The earnings call highlighted free cash flow generation and balance sheet deleveraging.
• Despite declining subscriber metrics, operational discipline is being maintained.