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Peloton Unveils Three New Treadmills Including $2,195 Foldable Tread Flex

The company intends to widen its customer base with cheaper, space-saving treadmills plus AI coaching to test demand during the holiday selling period.

Overview

  • Peloton announced the new treadmill lineup on Tuesday, September 22, 2026, and said the models will go on sale in North America on October 1 as an early commercial test ahead of the holidays.
  • The cheapest model, the Tread Flex, will start at $2,195 and is Peloton’s first foldable treadmill that contracts to roughly half its size to suit apartments and smaller homes.
  • Peloton expanded its Peloton IQ software with a Run Analysis feature that uses live video to score running efficiency and give personalized pace, form and heart-rate guidance similar to an in-person coach.
  • The company added Whoop integration so Peloton workouts feed personalized insights into the Whoop app and is broadening distribution through partnerships such as Spotify plus a push into commercial sales to hotels and gyms.
  • Analysts say the product and distribution changes could help reach new buyers but expect near-term revenue to stay muted, making holiday sales and a planned debt refinancing next year key tests of the turnaround.