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Did Peloton Price Go Down?
Did Peloton Price Go Down? No, Peloton prices increased on October 1, 2025, with the Bike rising $150 to $1,695, Bike+ up $200 to $2,695, and All-Access Membership from $44 to $49.99/month, driven by AI upgrades like Peloton IQ. Temporary discounts, like 28% off original Bikes ($1,045) during October Prime Day, clear legacy stock, but Q3 FY2025 shows no broad cuts amid $206 million hardware revenue (-27% YoY).
Peloton Pricing Trends Through 2025
Did Peloton Price Go Down? Peloton’s pricing has oscillated since its 2019 IPO ($8.1 billion valuation). 2022 saw major cuts: Bike dropped 44% from $2,495 to $1,445, Tread 25% to $3,195, sparking 40% sales growth (Q4 FY2022). Subscription rose 13% to $44—first hike in nine years. By 2025, under CEO Peter Stern (January start), focus shifted to premium value.
Q1 FY2026 (ended September 2025) reported $577 million revenue (-2% YoY), with subscriptions at $419 million (+3%). Hardware slumped 27% to $206 million, prompting October hikes to offset $1.7 billion debt and tariff costs. As Stern noted: “Price reflects enhanced AI experiences.” 2.98 million connected subscribers (down 2%) drive 652 million workouts, 40% cycling-led.
External: Check Peloton investor relations for Q1 FY2026 data.
October 2025 Price Increases: Details and Scope
The October 1 “Cross Training Series” launch introduced Peloton IQ (AI form tracking, rep counting) and swivel screens, justifying hikes across hardware and subscriptions. New prices: Bike $1,695 (+$150), Bike+ $2,695 (+$200), Tread $3,295 (+$300), Tread+ $6,695 (+$700), Row+ $3,495 (+$200). Subscriptions: All-Access $49.99 (+$5.99, 11%), App+ $28.99 (+$4.99), App One $15.99 (+$3)—first sub hike since 2022.
Refurbished units retain old pricing ($1,145 Bike), and rentals stay $0/month with $150 delivery. Stock fell 9% to $8.17 post-announce, per CBS News.
Product | Old Price | New Price (Oct 2025) | Increase |
---|---|---|---|
Bike | $1,445 | $1,695 | +$150 |
Bike+ | $2,495 | $2,695 | +$200 |
All-Access | $44/mo | $49.99/mo | +$5.99 |
App+ | $24/mo | $28.99/mo | +$4.99 |
Forbes: “Hikes align with content doubling to 50,000+ classes.”
Drivers of the 2025 Price Hike
Hikes counter financial pressures: 13 loss quarters, $112 million free cash burn (Q3 FY2025). Peloton IQ boosts retention 18%, used by 700,000+ members, per earnings. Costs rose via tariffs, shipping, and returns—August 2024 added $250 assembly fees. Partnerships (Hilton, Costco) and acquisitions (Breathwrk, October 2025) demand reinvestment.
Bloomberg: “Pricing reflects true costs, not discounts.” Analyst Morgan Stanley predicted $5 sub hike for 2026—hit early. Reddit: “AI worth it for hybrid training.”
External: Explore Peloton shop for updated pricing.
Temporary Discounts and Promotions
No permanent drops, but October Prime Day cut original Bike 28% to $1,045 (from $1,445 pre-hike), clearing legacy stock, per Mashable. Holiday promos (through January 8, 2026) offer $400 off Bike+ buyouts for renters. Corporate Wellness discounts: $20/month off Bike+ rentals for partners like SAP.
Stats: 65% urban users access trials via ClassPass ($20/session); 70% hotel guests use free Hilton Bikes (5,400 sites). Refurbs ($1,145) and used markets ($650 average, eBay) provide value.
Discount | Details | Duration | Savings |
---|---|---|---|
Prime Day | Original Bike $1,045 | October 2025 | $400 |
Rental Buyout | Bike+ $1,595 (12 mo) | Through Jan 8, 2026 | $400 |
Corporate | -$20/mo Bike+ | Ongoing | $240/year |
Impact on Subscribers and Market
6.4 million members (66% aged 25-44) face 11% sub cost rise, but 87% report goal attainment, 65% mental health gains via Wellness. Churn steady at 3% for rentals; 16% secondary growth. Hardware dip offsets sub gains—Q3 FY2025 connected subs down 6% to 6 million.
Stock: 55.5% YTD gains pre-hike, -9% post. Motley Fool: “Volatility persists; buy on dip risky.” Reddit: “Pricey, but swivel screen and AI deliver.”
Alternatives to New Purchases
Avoid hikes via: Rentals ($0/mo Bike+, $150 fee); refurbs ($1,145 Bike); used ($400–$900, Facebook Marketplace). ClassPass gym trials or Hilton hotel access (free for guests) suit testers. Eco-note: Repowered recycles gear, aligning with 40% subscriber sustainability focus.
Wirecutter: “Rentals match studio class value—16 weeks for a year’s worth.”
FAQ
Q: Did Peloton lower prices in 2025?
A: No—hikes October 1; last cuts in 2022 (Bike to $1,445).
Q: New Bike+ price October 2025?
A: $2,695 (+$200); All-Access $49.99/mo (+$5.99).
Q: Why the price increase?
A: Funds Peloton IQ AI, tariffs; content doubled to 50,000+ classes.
Q: Current Peloton subscribers?
A: 6.4 million total; 2.98 million connected, down 2% YoY.
Q: Any ongoing discounts?
A: Prime Day $1,045 Bike; $400 off rental buyouts until January 8, 2026.
Final Thoughts
Peloton’s 2025 price hikes signal a premium shift, prioritizing AI and content over 2022’s cuts. With 652 million workouts and $1,045 Prime Day steals, value persists—evaluate rentals or refurbs for budget-friendly rides.