Peloton Maintains FY 2027 Revenue Guidance and Targets $350 Million Free Cash Flow
Peloton Interactive (PTON) reported Q1 fiscal year 2027 results that exceeded market expectations. The company successfully achieved a significant milestone by fully deleveraging its balance sheet in terms of net debt, strengthening its overall financial position. Looking ahead, management has reaffirmed its full-year revenue guidance for FY 2027, projecting between $2.3 billion and $2.4 billion. Additionally, the company is targeting at least $350 million in free cash flow. This outlook comes alongside product expansion efforts, including the debut of a new Tread lineup.
Tickers: $PTON
Topics: deleveraging earnings beat product launch
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