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Peloton Interactive shares details from its earnings call for the fourth quarter of 2026.

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Peloton reported its first profitable full year and set strong FY27 targets for sales and cash generation. Churn rose slightly in Q4, but the company expects it to ease during FY27.

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That gives Peloton proof that its current business can produce a full-year profit, not just promise one. New products and growth in commercial sales could help sustain that progress. The main concern is that member churn rose slightly in Q4. Peloton expects it to ease during FY27, and its targets point to further progress.

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