WatchOS 26.2 not sharing data with gym equipment

Since upgrading to watchOS 26.2 from watchOS 18 my watch does not share data with the Matrix exercise bike at my gym. The watch does seem to connect to the equipment because the pulse rate measurement from the sensors on the bike handles is shut off, but then there is no pulse rate displayed on the control panel, which the bike would receive from the watch in the past. When the workout is ended, the cadence, distance and average watts do not show up in the Fitness App summary as I used to get with watchOS 18. Seems watchOS 26.2 broke a very useful feature