vs

Side-by-side financial comparison of OLD NATIONAL BANCORP (ONB) and PELOTON INTERACTIVE, INC. (PTON). Click either name above to swap in a different company.

OLD NATIONAL BANCORP is the larger business by last-quarter revenue ($702.8M vs $656.5M, roughly 1.1× PELOTON INTERACTIVE, INC.). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs -5.9%, a 39.2% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs -2.6%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

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...

ONB vs PTON — Head-to-Head

Bigger by revenue
ONB
ONB
1.1× larger
ONB
$702.8M
$656.5M
PTON
Growing faster (revenue YoY)
ONB
ONB
+46.9% gap
ONB
44.4%
-2.6%
PTON
Higher net margin
ONB
ONB
39.2% more per $
ONB
33.3%
-5.9%
PTON

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
ONB
ONB
PTON
PTON
Revenue
$702.8M
$656.5M
Net Profit
$233.7M
$-38.8M
Gross Margin
50.5%
Operating Margin
-2.2%
Net Margin
33.3%
-5.9%
Revenue YoY
44.4%
-2.6%
Net Profit YoY
61.5%
57.8%
EPS (diluted)
$-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
ONB
ONB
PTON
PTON
Q1 26
$702.8M
Q4 25
$580.8M
$656.5M
Q3 25
$574.6M
$550.8M
Q2 25
$514.8M
Q1 25
$387.6M
Q4 24
$394.2M
Q3 24
$391.7M
Q2 24
$388.4M
Net Profit
ONB
ONB
PTON
PTON
Q1 26
$233.7M
Q4 25
$216.6M
$-38.8M
Q3 25
$182.6M
$13.9M
Q2 25
$125.4M
Q1 25
$144.7M
Q4 24
$153.9M
Q3 24
$143.8M
Q2 24
$121.2M
Gross Margin
ONB
ONB
PTON
PTON
Q1 26
Q4 25
50.5%
Q3 25
51.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
ONB
ONB
PTON
PTON
Q1 26
Q4 25
46.7%
-2.2%
Q3 25
40.5%
7.5%
Q2 25
30.2%
Q1 25
46.8%
Q4 24
47.2%
Q3 24
47.2%
Q2 24
40.3%
Net Margin
ONB
ONB
PTON
PTON
Q1 26
33.3%
Q4 25
37.3%
-5.9%
Q3 25
31.8%
2.5%
Q2 25
24.4%
Q1 25
37.3%
Q4 24
39.0%
Q3 24
36.7%
Q2 24
31.2%
EPS (diluted)
ONB
ONB
PTON
PTON
Q1 26
Q4 25
$0.55
$-0.09
Q3 25
$0.46
$0.03
Q2 25
$0.34
Q1 25
$0.44
Q4 24
$0.47
Q3 24
$0.44
Q2 24
$0.37

Balance Sheet & Financial Strength

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

Metric
ONB
ONB
PTON
PTON
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$8.5B
$-326.7M
Total Assets
$73.0B
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONB
ONB
PTON
PTON
Q1 26
Q4 25
$1.8B
$1.2B
Q3 25
$1.7B
$1.1B
Q2 25
$1.8B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Total Debt
ONB
ONB
PTON
PTON
Q1 26
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ONB
ONB
PTON
PTON
Q1 26
$8.5B
Q4 25
$8.5B
$-326.7M
Q3 25
$8.3B
$-347.0M
Q2 25
$8.1B
Q1 25
$6.5B
Q4 24
$6.3B
Q3 24
$6.4B
Q2 24
$6.1B
Total Assets
ONB
ONB
PTON
PTON
Q1 26
$73.0B
Q4 25
$72.2B
$2.2B
Q3 25
$71.2B
$2.2B
Q2 25
$71.0B
Q1 25
$53.9B
Q4 24
$53.6B
Q3 24
$53.6B
Q2 24
$53.1B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONB
ONB
PTON
PTON
Q1 26
Q4 25
$159.2M
$71.9M
Q3 25
$341.2M
$71.9M
Q2 25
$72.9M
Q1 25
$108.2M
Q4 24
$235.8M
Q3 24
$121.3M
Q2 24
$161.0M
Free Cash Flow
ONB
ONB
PTON
PTON
Q1 26
Q4 25
$137.3M
$71.0M
Q3 25
$333.6M
$67.4M
Q2 25
$64.1M
Q1 25
$102.4M
Q4 24
$229.0M
Q3 24
$115.7M
Q2 24
$151.6M
FCF Margin
ONB
ONB
PTON
PTON
Q1 26
Q4 25
23.6%
10.8%
Q3 25
58.1%
12.2%
Q2 25
12.4%
Q1 25
26.4%
Q4 24
58.1%
Q3 24
29.5%
Q2 24
39.0%
Capex Intensity
ONB
ONB
PTON
PTON
Q1 26
Q4 25
3.8%
0.1%
Q3 25
1.3%
0.8%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.7%
Q3 24
1.4%
Q2 24
2.4%
Cash Conversion
ONB
ONB
PTON
PTON
Q1 26
Q4 25
0.73×
Q3 25
1.87×
5.17×
Q2 25
0.58×
Q1 25
0.75×
Q4 24
1.53×
Q3 24
0.84×
Q2 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ONB
ONB

Segment breakdown not available.

PTON
PTON

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

Related Comparisons