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PELOTON INTERACTIVE, INC. (PTON)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17
   10-K10-K10-K10-K10-K10-KS-1/A
Revenues:  
    International  209.1322.5283.082.317.1  
    Other  2,591.13,259.63,738.81,743.6897.9  
Total revenues   [+]2,800.23,582.14,021.81,825.9915.0435.00.1
            Revenue growth   [+]-21.8%-10.9%120.3%99.6%110.3%434900.0% 
Cost of goods sold  1,876.72,883.82,567.4989.1531.4245.40.1
Gross profit  923.5698.31,454.4836.8383.6189.60.0
            Gross margin  33.0%19.5%36.2%45.8%41.9%43.6%0.0%
Selling, general and administrative   [+]1,446.31,982.31,390.1828.6531.0213.89.9
Research and development  318.4359.5247.689.054.823.40.4
Other operating expenses  22.0337.4  0.1-0.1 
EBITDA   [+]-738.9-1,838.1-119.5-40.6-180.6-40.9-6.6
            EBITDA margin  -26.4%-51.3%-3.0%-2.2%-19.7%-9.4%-6600.0%
Depreciation  108.599.544.635.116.76.33.7
EBITA  -847.4-1,937.6-164.1-75.7-197.3-47.2-10.3
            EBITA margin  -30.3%-54.1%-4.1%-4.1%-21.6%-10.9%-10300.0%
Amortization of intangibles  15.843.319.25.15.00.3 
EBIT   [+]-863.2-1,980.9-183.3-80.8-202.3-47.5-10.3
            EBIT margin  -30.8%-55.3%-4.6%-4.4%-22.1%-10.9%-10300.0%
Non-recurring items   [+]333.9753.14.5    
Interest expense, net   [+]70.740.76.9-16.2-7.0-0.3 
Other income (expense), net   [+]9.8-33.4-3.5-3.8-0.3-0.610.3
Pre-tax income  -1,258.0-2,808.1-198.2-68.4-195.6-47.80.0
Income taxes  3.719.6-9.23.30.10.10.0
            Tax rate    4.6%    
Net income  -1,261.7-2,827.7-189.0-71.6-245.7-47.90.0
            Net margin  -45.1%-78.9%-4.7%-3.9%-26.9%-11.0%0.0%
   
Basic EPS   [+]($3.64)($8.77)($0.64)($0.32)($10.72)($2.18) 
Diluted EPS   [+]($3.64)($8.77)($0.64)($0.32)($10.72)($2.18) 
   
Shares outstanding (basic)   [+]346.7322.4293.9221.022.921.9 
Shares outstanding (diluted)   [+]346.7322.4293.9221.022.921.9 
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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