Peloton's $2,195 Tread Flex is its first folding, cheapest treadmill

Peloton detailed the $2,195 Tread Flex for fall 2026, its first folding treadmill and cheapest to date. The running deck folds upright to about half its floor space, with wheels, a two-step release and locking pin. It tops out at 12.5 mph and adds Sonos speakers and a screen that turns sideways.