vs

Side-by-side financial comparison of CMB.TECH NV (CMBT) and PELOTON INTERACTIVE, INC. (PTON). Click either name above to swap in a different company.

PELOTON INTERACTIVE, INC. is the larger business by last-quarter revenue ($656.5M vs $592.8M, roughly 1.1× CMB.TECH NV). CMB.TECH NV runs the higher net margin — 32.3% vs -5.9%, a 38.2% gap on every dollar of revenue. On growth, PELOTON INTERACTIVE, INC. posted the faster year-over-year revenue change (-2.6% vs -34.6%).

CMB.TECH, before October 2024 known as Euronav, is a crude oil tanker transport company, which consists of VLCCs, Suezmaxes and FSOs.

Peloton Interactive, Inc. is an American exercise equipment and media company based in New York City. The company's products include stationary bicycles, treadmills, and indoor rowers equipped with Internet-connected touch screens that stream live and on-demand fitness classes through a subscription service. The equipment includes built-in sensors that track metrics such as power output, providing users with real-time feedback on their performance and leaderboard rankings to compete with othe...

CMBT vs PTON — Head-to-Head

Bigger by revenue
PTON
PTON
1.1× larger
PTON
$656.5M
$592.8M
CMBT
Growing faster (revenue YoY)
PTON
PTON
+32.0% gap
PTON
-2.6%
-34.6%
CMBT
Higher net margin
CMBT
CMBT
38.2% more per $
CMBT
32.3%
-5.9%
PTON

Income Statement — Q4 FY2024 vs Q2 FY2026

Metric
CMBT
CMBT
PTON
PTON
Revenue
$592.8M
$656.5M
Net Profit
$191.2M
$-38.8M
Gross Margin
50.5%
Operating Margin
46.4%
-2.2%
Net Margin
32.3%
-5.9%
Revenue YoY
-34.6%
-2.6%
Net Profit YoY
-63.3%
57.8%
EPS (diluted)
$1.01
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMBT
CMBT
PTON
PTON
Q4 25
$656.5M
Q3 25
$550.8M
Q4 24
$592.8M
Q4 23
$905.9M
Net Profit
CMBT
CMBT
PTON
PTON
Q4 25
$-38.8M
Q3 25
$13.9M
Q4 24
$191.2M
Q4 23
$521.2M
Gross Margin
CMBT
CMBT
PTON
PTON
Q4 25
50.5%
Q3 25
51.5%
Q4 24
Q4 23
Operating Margin
CMBT
CMBT
PTON
PTON
Q4 25
-2.2%
Q3 25
7.5%
Q4 24
46.4%
Q4 23
63.4%
Net Margin
CMBT
CMBT
PTON
PTON
Q4 25
-5.9%
Q3 25
2.5%
Q4 24
32.3%
Q4 23
57.5%
EPS (diluted)
CMBT
CMBT
PTON
PTON
Q4 25
$-0.09
Q3 25
$0.03
Q4 24
$1.01
Q4 23
$2.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMBT
CMBT
PTON
PTON
Cash + ST InvestmentsLiquidity on hand
$38.9M
$1.2B
Total DebtLower is stronger
$2.6B
$1.5B
Stockholders' EquityBook value
$1.2B
$-326.7M
Total Assets
$3.9B
$2.2B
Debt / EquityLower = less leverage
2.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBT
CMBT
PTON
PTON
Q4 25
$1.2B
Q3 25
$1.1B
Q4 24
$38.9M
Q4 23
$429.4M
Total Debt
CMBT
CMBT
PTON
PTON
Q4 25
$1.5B
Q3 25
$1.5B
Q4 24
$2.6B
Q4 23
$930.7M
Stockholders' Equity
CMBT
CMBT
PTON
PTON
Q4 25
$-326.7M
Q3 25
$-347.0M
Q4 24
$1.2B
Q4 23
$2.4B
Total Assets
CMBT
CMBT
PTON
PTON
Q4 25
$2.2B
Q3 25
$2.2B
Q4 24
$3.9B
Q4 23
$3.4B
Debt / Equity
CMBT
CMBT
PTON
PTON
Q4 25
Q3 25
Q4 24
2.20×
Q4 23
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMBT
CMBT
PTON
PTON
Operating Cash FlowLast quarter
$204.4M
$71.9M
Free Cash FlowOCF − Capex
$71.0M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBT
CMBT
PTON
PTON
Q4 25
$71.9M
Q3 25
$71.9M
Q4 24
$204.4M
Q4 23
$435.8M
Free Cash Flow
CMBT
CMBT
PTON
PTON
Q4 25
$71.0M
Q3 25
$67.4M
Q4 24
Q4 23
$65.6M
FCF Margin
CMBT
CMBT
PTON
PTON
Q4 25
10.8%
Q3 25
12.2%
Q4 24
Q4 23
7.2%
Capex Intensity
CMBT
CMBT
PTON
PTON
Q4 25
0.1%
Q3 25
0.8%
Q4 24
Q4 23
40.9%
Cash Conversion
CMBT
CMBT
PTON
PTON
Q4 25
Q3 25
5.17×
Q4 24
1.07×
Q4 23
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CMBT
CMBT

Segment breakdown not available.

PTON
PTON

Subscription And Circulation$412.6M63%
Connected Fitness Products Segment$243.9M37%
Product Warranty$4.0M1%

Related Comparisons