Peloton surprised with a profit in Q4 under new CEO Peter Stern, with shares up 6%. The company aims to cut costs by $100 million in fiscal 2026, including staff reductions. Despite reduced sales to $607 million, Peloton generated $21.6 million in net income. Operating expenses down 25% in fiscal 2025. Peloton plans to expand micro-stores, increase instructor presence, and develop new offerings beyond bikes.

Read more at CNBC: Peloton (PTON) earnings Q4 2025