348 place 2

385 Peloton’s gamble on expensive new hardware has yet to pay off

The Verge
Victoria Song @ The Verge · 02/05/2026 11:25 EDT

Peloton’s gamble on expensive new hardware has yet to pay off

Last fall, new Peloton CEO Peter Stern made a bet. The company announced a complete refresh of its entire hardware lineup, complete with swivel screens and AI-powered features. Today, the initial results of Stern's bet are in. In its Q2 2026 earnings call, Stern noted that the hardware refresh hasn't landed with existing Peloton users, […]

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