Here are the 10-K annual reports from Peloton Interactive, Inc. (PTON) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PTON and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PTON filings page.
Peloton Interactive, Inc. describes a global fitness and wellness platform built around connected hardware, subscription content and apps for approximately 5.5 million Members as of June 30, 2026. The company sells bikes, treadmills, rowers and Precor commercial equipment, plus memberships across consumer and business channels.
Management highlights key risks: maintaining profitability after reporting net income in fiscal 2026, attracting and retaining subscriptions, accurately forecasting demand and managing inventory, executing multi-year restructuring plans, and competing in a crowded fitness, wellness and app market. Additional risks include product safety and recalls, reliance on a concentrated supplier and logistics base in Asia, exposure to changing U.S. tariffs, dependence on IT systems and licensed music, growing use of AI amid evolving regulation, and ongoing litigation and regulatory matters.
Peloton also outlines climate targets to cut absolute Scope 1–2 emissions 42% and certain Scope 3 emissions 25% by 2030 from a 2024 base year, a workforce of about 2,262 employees, and an intellectual property portfolio comprising hundreds of patents and trademarks supporting future product and software development.
Peloton Interactive (PTON) filed its FY 2025 Form 10-K for the year ended 30 Jun 2025. The connected-fitness company reports:
- Scale: ~6 million Members across six countries; 391.9 m Class A and 15.8 m Class B shares outstanding (30 Jul 2025).
- Market value: $3.2 bn non-affiliate float as of 31 Dec 2024.
- Product suite: Bike, Bike+, Tread, Tread+, Row, Guide (sales discontinued Jul 2025), AI-driven Peloton Apps and Strength+; rental and B2B offerings highlighted.
- Restructuring: 2022, 2024 and newly announced 2025 plans target head-count reductions, showroom exits and wider third-party retail distribution to improve cost structure and reinvest in growth. Management warns savings may lag expectations and could trigger further charges.
- Risk themes: persistent operating losses, demand forecasting errors, heightened competition, supply-chain concentration, tariffs, brand reputation, AI/data regulation and need to regain profitability and free-cash-flow.
- Regulatory status: Large accelerated filer; SOX 404(b) audit completed; not a shell company.
The filing sets the strategic context and enumerates extensive risk factors but does not yet include FY 2025 financial statements or guidance.