Peloton reported disappointing holiday quarter results due to lower demand for new AI-driven products and higher subscription prices. Sales fell short of expectations, leading to a 20% drop in shares. The company expects sluggish sales to continue, with revenue forecasted below estimates. Despite challenges, Peloton improved profitability and raised full-year guidance. CEO Peter Stern aims for sustained growth. The company’s CFO is leaving, and Peloton’s commercial business unit showed growth.

Read more at CNBC: Peloton (PTON) earnings Q2 2026