Peloton adds folding treadmill and AI coaching in bigger run at home fitness

Peloton is trying to make its treadmill line-up look a lot less niche.

In a company announcement dated September 22, 2026, Peloton Interactive said it had launched three new treadmills: the Peloton Tread Flex, Peloton Tread Vision and Peloton Tread+ Vision. The big headline is the Tread Flex, Peloton’s first folding treadmill and, according to the company, its most affordable treadmill so far.

Peloton is also tying the hardware push to Peloton IQ, its AI-powered coaching platform. The company says the new treadmills combine connected equipment, instructor-led classes and more personalised software for running, walking and hiking.

The Tread Flex is pitched at people who want a treadmill but do not have a spare room to sacrifice. Peloton says it folds down by nearly 50 per cent and uses an ultra-quiet brushless motor that peaks at 70 dB at its maximum running speed of 12.5 mph.

In the US and Canada, Peloton said in its investor release that Tread Flex would start at $2,195 USD or $2,995 CAD, with North American availability beginning in October 2026. A Peloton Canada product page lists the Tread Flex as available from October 1 and starting at $2,995 CAD, with the All-Access Membership sold separately.

No Australian pricing or availability was supplied in the evidence.

The two higher-end models lean harder into form tracking. Peloton’s own blog, The Output, says the Tread Vision tracks running form, while the Tread+ Vision adds camera-powered Run Analysis and an energy-returning slat belt.

Software is just as central to the announcement. Peloton says several new features are rolling out across its treadmill range, including Heart Rate Zone Workouts, IQ Pace Targets, Shortcuts and ReRuns. Run Analysis is listed for Tread Vision and Tread+ Vision, while Sled Mode is coming to Peloton Tread+ models.

According to Peloton’s blog post, those software updates are due to begin rolling out gradually on October 1, 2026, for All-Access Members in supported markets.

IQ Pace Targets is the clearest AI play. Peloton says it will analyse a user’s recent running performance and suggest personalised pace ranges that can change over time. Heart Rate Zone Workouts use connected heart rate monitors, smartwatches or wearables to guide users through target-zone sessions.

Peloton also pointed to an internal 2025-2026 study of active new Tread members, saying 56 per cent recorded faster times within six months. That is a company claim, not independent validation.

A secondary report from Bloomberg, republished by Yahoo Finance Canada, also described the launch as three new treadmills, including a $2,195 foldable model.

The broader move is clear. Peloton is not just selling another machine. It is betting that foldable hardware, cameras and AI coaching can make the home treadmill feel smarter, more personal and easier to justify in tight living spaces.