Every 8-K that Peloton Interactive, Inc. (PTON) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, 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 reported Q4 and fiscal 2026 results showing a shift to profitability and stronger cash generation. For FY26, total revenue was $2,446.0 million compared with $2,490.8 million in FY25. GAAP net income was $63.2 million versus a prior-year loss, with total gross margin at 52.6%. Adjusted EBITDA reached $468.2 million, and net cash provided by operating activities was $387.6 million. Free Cash Flow was $377.6 million, which the company described as increasing $54 million or 17% year-over-year. Net Debt fell to $92.6 million from $459.4 million, reducing the Net Leverage Ratio to 0.3x.
In Q4 FY26, revenue was $607.7 million versus $606.9 million a year earlier. Connected Fitness Products revenue declined 14% year-over-year to $171.1 million, while Subscription revenue grew 7% to $436.6 million. Total gross margin improved to 56.7%, up 260 basis points year-over-year, and operating expenses decreased 12% to $263.2 million. Q4 GAAP net income was $61.6 million, and Adjusted EBITDA was $142.3 million, which the company said was negatively impacted by a $23.8 million nonrecurring accrued legal contingency related to patent litigation. Q4 Free Cash Flow was $88.7 million.
Operating metrics show headwinds in scale: Ending Paid Connected Fitness Subscriptions were 2.553 million, down 9% year-over-year, with Average Net Monthly Paid Connected Fitness Subscription Churn rising to 2.2% from 1.8%. For Q1 FY27, Peloton guides revenue of $545–$565 million (up 0.8% year-over-year at the midpoint), gross margin of about 57.0%, and Adjusted EBITDA of $135–$145 million, while expecting Ending Paid Connected Fitness Subscriptions of 2.455–2.475 million, down 9.8% year-over-year at the midpoint. Full-year FY27 revenue is projected at $2.3–$2.4 billion, a 3.9% decline at the midpoint, with gross margin around 54.0%, Adjusted EBITDA of $475–$525 million, and Free Cash Flow of at least $350 million.
Peloton Interactive is appointing Siddharth (“Sid”) Thacker as Chief Financial Officer effective June 22, 2026, with interim CFO Saqib Baig returning full-time to his Chief Accounting Officer role.
Thacker previously served as CFO of Rent the Runway, where he led financial and operational changes aimed at strengthening the balance sheet and driving revenue and subscriber growth. He also brings two decades of experience as a public markets investor across consumer, financial and tech-enabled services.
Under his employment offer, Thacker will receive a $635,000 annual base salary, an annual cash bonus targeted at 60% of salary (prorated for fiscal 2026), and equity awards initially valued at $8,000,000 in restricted stock units, including performance-based awards. He will participate as a Tier 1 member in Peloton’s Severance and Change in Control Plan.
Peloton Interactive reported Q3 FY2026 results showing a profitable quarter and stronger cash generation. Total revenue was $630.9 million, up 1% year-over-year, as Connected Fitness product sales and subscription revenue both contributed. Net income reached $26.4 million, compared with a loss a year ago.
Adjusted EBITDA was $126.2 million, up 41% year-over-year, and free cash flow was $150.5 million, up 59%. Net debt fell to $173.1 million, a 70% year-over-year reduction. Paid Connected Fitness subscriptions declined 7.6% to 2.662 million, while churn improved to 1.2%.
For full-year FY2026, Peloton now expects revenue of $2.42–$2.44 billion (about 2% below FY2025), gross margin of roughly 52.5%, adjusted EBITDA of $470–$480 million, and free cash flow around $350 million, all reflecting stronger profitability despite a smaller subscriber base.
Peloton Interactive announced a leadership transition in its content organization. Chief Content Officer Jen Cotter will move to a non-executive advisory role after the close of business on March 31, 2026, with no disagreement cited regarding the company’s operations, policies, or practices.
Cotter will provide advisory services through August 16, 2026 under a transition agreement that includes 12 months of base-salary continuation after the transition date, certain annual and pro-rated bonus payments for fiscal 2026 and 2027, COBRA continuation coverage of up to 18 months, reimbursement of certain attorney’s fees, and specified equity treatment, subject to a release of claims and ongoing covenants.
The company appointed Sarah Robb O’Hagan as Chief Content and Member Development Officer, effective April 1, 2026. A veteran of EXOS, Flywheel Sports, Equinox, Gatorade, and other fitness and sports brands, she will lead Peloton’s content and member development as the company pursues a multi-year shift from connected fitness to connected wellness and aims for sustainable, profitable revenue growth.
Peloton Interactive, Inc. appointed Saqib Baig, its current Chief Accounting Officer, as interim Chief Financial Officer effective March 27, 2026. He replaces Liz Coddington, who is stepping down as CFO on the same date to pursue an external opportunity.
Baig, age 48, has served as Chief Accounting Officer since November 2022 and has also been Chief Financial Officer of Peloton’s Commercial Business Unit since August 2025. Previously, he was Controller of Accounting Risk, Valuation, and Financial Reporting at Meta Platforms, Inc. from July 2019 to November 2022. The company states there are no special arrangements behind his appointment, no family relationships with directors or executives, and no related-party transactions requiring disclosure.
Peloton Interactive, Inc. reported that it has released its financial results for the quarter ended December 31, 2025 via a press release and conference call, including non-GAAP metrics with reconciliations to GAAP in the attached materials.
The company also announced that Chief Financial Officer Liz Coddington will step down effective March 27, 2026 to pursue an external opportunity. Her departure is stated not to involve any disagreement over financial disclosures or accounting matters, and she will not receive severance under Peloton’s Severance and Change in Control Plan. Peloton has begun a comprehensive search for a successor.
Peloton Interactive, Inc. reported the results of its 2025 Annual Meeting of Stockholders held virtually on December 9, 2025. Stockholders representing 322,059,748 shares of Class A common stock and 15,602,802 shares of Class B common stock were present online or by proxy, with Class A shares carrying one vote and Class B shares carrying 20 votes each.
Three Class III directors — Karen Boone, Chris Bruzzo, and Tara Comonte — were each elected to three-year terms expiring at the 2028 annual meeting. Stockholders also ratified the appointment of Ernst & Young LLP as Peloton’s independent registered public accounting firm for the fiscal year ending June 30, 2026, receiving 632,589,004 votes in favor, 722,844 against, and 803,940 abstentions.
Peloton Interactive, Inc. (PTON) furnished its quarterly results update. The company announced it will hold a conference call regarding financial results for the quarter ended September 30, 2025, and issued a press release, furnished as Exhibit 99.1. The release includes references to non-GAAP financial measures, with GAAP-to-non-GAAP reconciliations provided in the press release.
Information furnished under Item 2.02, including Exhibit 99.1, is not deemed “filed” for Section 18 liability and is not incorporated by reference except as expressly set forth. Peloton also notes it uses its Investor Relations website and Press Newsroom for Reg FD disclosures.
Peloton disclosed a redesign of its executive compensation program approved by the Compensation Committee on September 14, 2025. Over a two-year transition beginning in fiscal 2026, affected leadership team members will move to a cash package of base salary plus an annual cash bonus: base salary is set at $850,000 for the remainder of fiscal 2026 and $635,000 for fiscal 2027, with target annual cash bonuses at 20% of pro-rated base salary in 2026 and 60% in 2027, payable 0%–200% based on quantitative operational and qualitative strategic assessments. Long-term incentives will be 70% time-based RSUs and 30% PSUs starting fiscal 2026, with PSUs paying 0%–200% based on performance and service conditions. The Committee also adopted Stock Ownership Guidelines requiring executives and non-employee directors to reach minimum ownership levels within five years. Certain leaders executed offer letter amendments that modify and waive rights under the company’s severance and change-in-control plan. The filing includes a standard safe-harbor statement regarding forward-looking information.