PELOTON INTERACTIVE, INC. R&D Expense History
PTON / Industrials|8 years of SEC 10-K data (FY2018-FY2025)
$234M in FY2025 with a 5-year CAGR of +21.3%. Top quartile in the Industrials sector.
Declined from $318M to $234M over the past 2 years.
PELOTON INTERACTIVE, INC.'s r&d expense of $234M is higher than 75% of companies in the Industrials sector (FY2025). R&D Expense has declined for 3 consecutive years, from $360M in FY2022 to $234M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.97 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -13.3%
- 5-Year CAGR
- +21.3%
- 10-Year CAGR
- -
R&D Expense Trend
Top 25% in IndustrialsTop 25% of 167This company $234.2M Sector average $283.8M
▼
-17.5% below sector average
Key Insights
- PELOTON INTERACTIVE, INC.'s r&d expense has declined for 3 consecutive years.
- 5-year CAGR of +21.3%, indicating consistent growth.
- In FY2025, r&d expense decreased 23.2% year-over-year.
- Ranks #41 out of 167 companies in the Industrials sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $234.2M | -23.2% |
| FY2024 | $304.8M | -4.3% |
| FY2023 | $318.4M | -11.4% |
| FY2022 | $359.5M | +45.2% |
| FY2021 | $247.6M | +177.9% |
| FY2020 | $89.1M | +62.6% |
| FY2019 | $54.8M | +134.2% |
| FY2018 | $23.4M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026