
Peloton global revenue 2017-2022
Peloton's astronomical rise
Founded in 2012 and assisted by a Kickstarter campaign in 2013, Peloton is a fitness equipment and online subscription company based in New York. The company's flagship product is a stationary bike which consumers can use to exercise on their own or participate in online classes as part of a monthly subscription. Peloton has seen an enormous growth in its revenue in recent years, include a fourfold increase in revenue from 2019 to 2021. This huge increase is, in part, as a result of the coronavirus pandemic, which saw the closure of gyms across the world and forced millions of fitness fans to find ways of keeping in shape within their own home.