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Side-by-side financial comparison of PELOTON INTERACTIVE, INC. (PTON) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.
Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $656.5M, roughly 1.7× PELOTON INTERACTIVE, INC.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs -5.9%, a 37.6% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs -2.6%).
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...
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
PTON vs VIRT — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $656.5M | $1.1B |
| Net Profit | $-38.8M | $346.6M |
| Gross Margin | 50.5% | — |
| Operating Margin | -2.2% | 37.4% |
| Net Margin | -5.9% | 31.6% |
| Revenue YoY | -2.6% | 30.7% |
| Net Profit YoY | 57.8% | 82.8% |
| EPS (diluted) | $-0.09 | $1.99 |
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.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $656.5M | $969.9M | ||
| Q3 25 | $550.8M | $824.8M | ||
| Q2 25 | — | $999.6M | ||
| Q1 25 | — | $837.9M | ||
| Q4 24 | — | $834.3M | ||
| Q3 24 | — | $706.8M | ||
| Q2 24 | — | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $-38.8M | $139.9M | ||
| Q3 25 | $13.9M | $77.6M | ||
| Q2 25 | — | $151.2M | ||
| Q1 25 | — | $99.7M | ||
| Q4 24 | — | $94.1M | ||
| Q3 24 | — | $60.0M | ||
| Q2 24 | — | $66.6M |
| Q1 26 | — | — | ||
| Q4 25 | 50.5% | — | ||
| Q3 25 | 51.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 37.4% | ||
| Q4 25 | -2.2% | 35.4% | ||
| Q3 25 | 7.5% | 21.8% | ||
| Q2 25 | — | 34.7% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | -5.9% | 14.4% | ||
| Q3 25 | 2.5% | 9.4% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 11.9% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $-0.09 | $1.54 | ||
| Q3 25 | $0.03 | $0.86 | ||
| Q2 25 | — | $1.65 | ||
| Q1 25 | — | $1.08 | ||
| Q4 24 | — | $1.03 | ||
| Q3 24 | — | $0.64 | ||
| Q2 24 | — | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $973.2M |
| Total DebtLower is stronger | $1.5B | — |
| Stockholders' EquityBook value | $-326.7M | $2.2B |
| Total Assets | $2.2B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.1B | $707.9M | ||
| Q2 25 | — | $752.1M | ||
| Q1 25 | — | $723.6M | ||
| Q4 24 | — | $872.5M | ||
| Q3 24 | — | $701.4M | ||
| Q2 24 | — | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $2.0B | ||
| Q3 25 | $1.5B | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $-326.7M | $1.6B | ||
| Q3 25 | $-347.0M | $1.5B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $2.2B | $20.2B | ||
| Q3 25 | $2.2B | $21.3B | ||
| Q2 25 | — | $19.3B | ||
| Q1 25 | — | $17.5B | ||
| Q4 24 | — | $15.4B | ||
| Q3 24 | — | $14.4B | ||
| Q2 24 | — | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $71.9M | $518.4M | ||
| Q3 25 | $71.9M | $-68.7M | ||
| Q2 25 | — | $62.8M | ||
| Q1 25 | — | $15.0M | ||
| Q4 24 | — | $599.0M | ||
| Q3 24 | — | $112.1M | ||
| Q2 24 | — | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $71.0M | $495.6M | ||
| Q3 25 | $67.4M | $-76.7M | ||
| Q2 25 | — | $57.6M | ||
| Q1 25 | — | $9.2M | ||
| Q4 24 | — | $586.6M | ||
| Q3 24 | — | $106.2M | ||
| Q2 24 | — | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 51.1% | ||
| Q3 25 | 12.2% | -9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 2.4% | ||
| Q3 25 | 0.8% | 1.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | 5.17× | -0.89× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 6.37× | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
