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Side-by-side financial comparison of Equity Residential (EQR) and PELOTON INTERACTIVE, INC. (PTON). Click either name above to swap in a different company.

Equity Residential is the larger business by last-quarter revenue ($781.9M vs $656.5M, roughly 1.2× PELOTON INTERACTIVE, INC.). Equity Residential runs the higher net margin — 48.9% vs -5.9%, a 54.8% gap on every dollar of revenue. On growth, Equity Residential posted the faster year-over-year revenue change (2.0% vs -2.6%).

Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments.

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...

EQR vs PTON — Head-to-Head

Bigger by revenue
EQR
EQR
1.2× larger
EQR
$781.9M
$656.5M
PTON
Growing faster (revenue YoY)
EQR
EQR
+4.6% gap
EQR
2.0%
-2.6%
PTON
Higher net margin
EQR
EQR
54.8% more per $
EQR
48.9%
-5.9%
PTON

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
EQR
EQR
PTON
PTON
Revenue
$781.9M
$656.5M
Net Profit
$382.1M
$-38.8M
Gross Margin
50.5%
Operating Margin
50.6%
-2.2%
Net Margin
48.9%
-5.9%
Revenue YoY
2.0%
-2.6%
Net Profit YoY
-8.8%
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
EQR
EQR
PTON
PTON
Q4 25
$781.9M
$656.5M
Q3 25
$782.4M
$550.8M
Q2 25
$768.8M
Q1 25
$760.8M
Q4 24
$766.8M
Q3 24
$748.3M
Q2 24
$734.2M
Q1 24
$730.8M
Net Profit
EQR
EQR
PTON
PTON
Q4 25
$382.1M
$-38.8M
Q3 25
$289.1M
$13.9M
Q2 25
$192.4M
Q1 25
$256.6M
Q4 24
$419.1M
Q3 24
$143.4M
Q2 24
$177.5M
Q1 24
$295.8M
Gross Margin
EQR
EQR
PTON
PTON
Q4 25
50.5%
Q3 25
51.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
EQR
EQR
PTON
PTON
Q4 25
50.6%
-2.2%
Q3 25
38.5%
7.5%
Q2 25
26.6%
Q1 25
35.7%
Q4 24
57.2%
Q3 24
20.1%
Q2 24
25.3%
Q1 24
42.0%
Net Margin
EQR
EQR
PTON
PTON
Q4 25
48.9%
-5.9%
Q3 25
36.9%
2.5%
Q2 25
25.0%
Q1 25
33.7%
Q4 24
54.7%
Q3 24
19.2%
Q2 24
24.2%
Q1 24
40.5%
EPS (diluted)
EQR
EQR
PTON
PTON
Q4 25
$1.01
$-0.09
Q3 25
$0.76
$0.03
Q2 25
$0.50
Q1 25
$0.67
Q4 24
$1.10
Q3 24
$0.38
Q2 24
$0.47
Q1 24
$0.77

Balance Sheet & Financial Strength

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

Metric
EQR
EQR
PTON
PTON
Cash + ST InvestmentsLiquidity on hand
$55.9M
$1.2B
Total DebtLower is stronger
$8.2B
$1.5B
Stockholders' EquityBook value
$11.0B
$-326.7M
Total Assets
$20.7B
$2.2B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQR
EQR
PTON
PTON
Q4 25
$55.9M
$1.2B
Q3 25
$93.1M
$1.1B
Q2 25
$31.3M
Q1 25
$39.8M
Q4 24
$62.3M
Q3 24
$28.6M
Q2 24
$38.3M
Q1 24
$44.5M
Total Debt
EQR
EQR
PTON
PTON
Q4 25
$8.2B
$1.5B
Q3 25
$1.5B
Q2 25
Q1 25
Q4 24
$8.2B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EQR
EQR
PTON
PTON
Q4 25
$11.0B
$-326.7M
Q3 25
$11.1B
$-347.0M
Q2 25
$11.0B
Q1 25
$11.0B
Q4 24
$11.0B
Q3 24
$10.9B
Q2 24
$11.0B
Q1 24
$11.1B
Total Assets
EQR
EQR
PTON
PTON
Q4 25
$20.7B
$2.2B
Q3 25
$21.1B
$2.2B
Q2 25
$21.0B
Q1 25
$20.6B
Q4 24
$20.8B
Q3 24
$20.9B
Q2 24
$19.8B
Q1 24
$19.9B
Debt / Equity
EQR
EQR
PTON
PTON
Q4 25
0.75×
Q3 25
Q2 25
Q1 25
Q4 24
0.74×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
EQR
EQR
PTON
PTON
Operating Cash FlowLast quarter
$387.0M
$71.9M
Free Cash FlowOCF − Capex
$71.0M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQR
EQR
PTON
PTON
Q4 25
$387.0M
$71.9M
Q3 25
$476.7M
$71.9M
Q2 25
$359.5M
Q1 25
$425.5M
Q4 24
$354.2M
Q3 24
$401.4M
Q2 24
$396.9M
Q1 24
$421.0M
Free Cash Flow
EQR
EQR
PTON
PTON
Q4 25
$71.0M
Q3 25
$67.4M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
EQR
EQR
PTON
PTON
Q4 25
10.8%
Q3 25
12.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
EQR
EQR
PTON
PTON
Q4 25
0.1%
Q3 25
0.8%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
EQR
EQR
PTON
PTON
Q4 25
1.01×
Q3 25
1.65×
5.17×
Q2 25
1.87×
Q1 25
1.66×
Q4 24
0.85×
Q3 24
2.80×
Q2 24
2.24×
Q1 24
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EQR
EQR

Segment breakdown not available.

PTON
PTON

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

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