Peloton launches Tread Flex, its first foldable treadmill at $2,195

Peloton unveiled three new treadmills for fall 2026, including the Tread Vision at $3,495 and Tread+ Vision at $6,695, alongside the budget-focused Tread Flex priced at $2,195. The Tread Flex is Peloton's cheapest treadmill yet and its first that folds vertically, cutting its footprint roughly in half while running on wheels for easy repositioning.