Peloton Interactive advertising spend, FY2026

Peloton Interactive (PTON) reported $224M of advertising expense for the fiscal year ended Jun 30, 2026. That is 9.2% of revenue of $2.4B. Down 9.2% from FY2025.

Ad spend, FY2026
$224M
year ended Jun 30, 2026
Change vs prior year
-9.2%
vs FY2025
Share of revenue
9.2%
of $2.4B revenue
Rank by ad spend
#214
of 336 companies

Key facts

  • Ad spend is 46% below its FY2021 level ($418M); revenue is 39% lower.
  • The highest year on file is FY2022 at $637M; FY2026 is 65% below it.
  • Largest increase +115.8% in FY2019; largest cut -43.2% in FY2025.
  • Ad spend has fallen 2 years in a row.
  • Ad spend is 9.2% of revenue, down from 10.4% in FY2021.
  • Peloton Interactive spends more on advertising than 36% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 1.8x the median of 5.2%.

Ad spend by fiscal year

$0 $200M $400M $600M $800M FY2018 (ended 2018-06-30): $101M 2018 FY2019 (ended 2019-06-30): $219M FY2020 (ended 2020-06-30): $303M 2020 FY2021 (ended 2021-06-30): $418M FY2022 (ended 2022-06-30): $637M 2022 FY2023 (ended 2023-06-30): $363M FY2024 (ended 2024-06-30): $435M 2024 FY2025 (ended 2025-06-30): $247M FY2026 (ended 2026-06-30): $224M 2026 $224M

Ad spend as % of revenue

0% 10% 20% 30% FY2018 (ended 2018-06-30): 23.3% 2018 FY2019 (ended 2019-06-30): 23.9% FY2020 (ended 2020-06-30): 16.6% 2020 FY2021 (ended 2021-06-30): 10.4% FY2022 (ended 2022-06-30): 17.8% 2022 FY2023 (ended 2023-06-30): 12.9% FY2024 (ended 2024-06-30): 16.1% 2024 FY2025 (ended 2025-06-30): 9.9% FY2026 (ended 2026-06-30): 9.2% 2026 9.2%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2026 Jun 30, 2026 $224M -9.2% $2.4B 9.2% AdvertisingExpense 10-K Aug 6, 2026
FY2025 Jun 30, 2025 $247M -43.2% $2.5B 9.9% AdvertisingExpense 10-K Aug 6, 2026
FY2024 Jun 30, 2024 $435M +20.0% $2.7B 16.1% AdvertisingExpense 10-K Aug 6, 2026
FY2023 Jun 30, 2023 $363M -43.1% $2.8B 12.9% AdvertisingExpense 10-K Aug 7, 2025
FY2022 Jun 30, 2022 $637M +52.6% $3.6B 17.8% AdvertisingExpense 10-K Aug 22, 2024
FY2021 Jun 30, 2021 $418M +37.9% $4B 10.4% AdvertisingExpense 10-K Aug 23, 2023
FY2020 Jun 30, 2020 $303M +38.4% $1.8B 16.6% AdvertisingExpense 10-K Sep 7, 2022
FY2019 Jun 30, 2019 $219M +115.8% $915M 23.9% AdvertisingExpense 10-K Aug 27, 2021
FY2018 Jun 30, 2018 $101M n/a $435M 23.3% AdvertisingExpense 10-K Sep 11, 2020

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to Peloton Interactive in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
211 Garmin $229M 3.2% +19.3% FY2025
212 Neurocrine Biosciences $227M 7.9% +18.7% FY2025
213 McCormick $225M 3.3% +2.9% FY2025
214 Peloton Interactive $224M 9.2% -9.2% FY2026
215 Dexcom $224M 4.8% +15.2% FY2025
216 CDW $223M 1.0% +2.3% FY2025
217 Columbia Sportswear $220M 6.5% +10.8% FY2025

Full ranking of 336 companies · Biggest cuts #32

Questions

How much does Peloton Interactive spend on advertising?

Peloton Interactive spent $224M on advertising in fiscal 2026, the year ended Jun 30, 2026, according to its 10-K filed Aug 6, 2026.

What percentage of revenue does Peloton Interactive spend on advertising?

9.2% of revenue in fiscal 2026 ($224M of $2.4B). The median across the 336 companies tracked is 5.2%.

Is Peloton Interactive spending more on advertising?

No. Ad spend fell 9.2% in fiscal 2026 from fiscal 2025. It has fallen 2 years in a row.

How does Peloton Interactive rank by advertising spend?

#214 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does Peloton Interactive's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2026, filed Aug 6, 2026
Accession number
0001639825-26-000038
Company
PELOTON INTERACTIVE, INC., CIK 1639825, SIC 3949 (Sporting & Athletic Goods, NEC)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Peloton Interactive advertising spend, FY2018-FY2026. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Aug 6, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/peloton-interactive/advertising-spend/
Download
CSV, all years · CSV, all 336 companies