Peloton has a few problems. After Covid drove a bumper year of indoor training Peloton is hit hard by the impact of costly recalls. Of course, the effects of Covid are hopefully diminishing as our lives head toward normal.
The Peloton Bikes and related services seemed eye-wateringly expensive to me. It seems that Peloton agree and the price of the Peloton Bike has been lowered to $1,495 from $1,895. And that price slash follows a previous cut from the launch price of $2,245 (September 2020).
The original treadmill was $4300 and that is now $2495
Revenue Down
Despite being ahead of 2020 performances, the latest quarterly results show a 25% drop on a quarter-on-quarter basis. That said the company still expects $5.4bn revenue for the full 2022 financial year.
Memberships Growing
Peloton’s $12.99 digital membership for live classes grew annually by over 170%, now boasting 874,000 subscribers with 114% growth (2.3million service subscribers) for users of Peloton equipment.
Garmin charging puck — the fastest and most reliable way to top up your Garmin before a session. I use one.
Ravemen FR300 — Front light that mounts directly under your Garmin or Wahoo head unit. Keeps your bars clean and your beam pointed where it matters. I use one.
Body Glide – The blue anti-chafe stick that all swimmers and many runners use. I use it.
Maurten — The race nutrition trusted by elite athletes. Gels and drink mixes engineered to be easy on the stomach. I use them.
Garmin Varia RTL515 — A radar rear light that alerts you to vehicles approaching from behind. Pairs with your Edge or Garmin watch. I use this model.
Favero Assioma Pro RS2 — The power-meter pedals most serious cyclists choose. Accurate, easy to move between bikes. I use this model.
Garmin Forerunner 970 — A serious choice for a pro-grade triathlon watch. I use this.
Polar H10 — My daily driver for accurate, waking HRV readings.
Wahoo ELEMNT Roam 3 — The bike computer that has the feature Garmin lacks: usability. I use mine on most rides.
Reader-Powered Content
This content is not sponsored. It’s mostly me behind the labour of love, which is this site, and I appreciate everyone who supports it.
All articles are written by real people, fact-checked, and verified for originality. See the Editorial Policy. FTC: Affiliate Disclosure — some links pay commission. As an Amazon Associate, I earn from qualifying purchases.
tfk is the founder and author of the5krunner, an independent endurance sports technology publication. With 20 years of hands-on testing of GPS watches and wearables, and competing in triathlons at an international age-group level, tfk provides in-depth expert analysis of fitness technology for serious athletes and endurance sport competitors. ID