While Peloton reports a drop in revenue and subscribers in Q4 FY23, subscription revenue grew as a percent of total revenue. Subscription revenue is comprised of Connected Fitness Products revenue of $220.4 million, a 25% decrease year-over-year, and Subscription Revenue of $421.7 million, a 10% increase year-over-year. Connected Fitness Products now represent 34.3% of total revenue, and Subscriptions make up the remaining 65.7% of revenue.
https://www.subscriptioninsider.com/topics/revenue-and-sales/peloton-reports-a-drop-in-revenue-and-subscribers-in-q4-fy2023?utm_content=buffer5dc3c&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
#Peloton #Subscription
https://www.subscriptioninsider.com/topics/revenue-and-sales/peloton-reports-a-drop-in-revenue-and-subscribers-in-q4-fy2023?utm_content=buffer5dc3c&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
#Peloton #Subscription