| Stage | CWH | % of rev | PTON | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.9B | 100.00% | $608M | 100.00% | CWH ×3.18 |
| Gross profit | $538M | 27.84% | $344M | 56.66% | PTON +28.8pp |
| Operating income | $92M | 4.75% | $81M | 13.36% | PTON +8.6pp |
| Pre-tax income | $45M | 2.33% | $61M | 9.97% | PTON +7.6pp |
| Net income | $44M | 2.26% | $62M | 10.15% | PTON +7.9pp |
| Stage | CWH | PTON | Gap · A − B |
|---|---|---|---|
| Revenue | $1.9B100.00% | $608M100.00% | CWH ×3.18 |
| Gross profit | 27.84%$538M | 56.66%$344M | PTON +28.8pp |
| Operating income | 4.75%$92M | 13.36%$81M | PTON +8.6pp |
| Pre-tax income | 2.33%$45M | 9.97%$61M | PTON +7.6pp |
| Net income |
| 2.26%$44M |
| 10.15%$62M |
| PTON +7.9pp |
No shared counterparties.