---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-22-000007"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2022-02-08T23:59:59+00:00"
generated_at: "2026-06-27T10:09:01.016622+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Peloton Q2 net loss $439M; CEO replaced, 2,800 jobs cut, guidance slashed

## Summary
- Q2 revenue $1.13B (+6% YoY), net loss $439.4M ($1.39 diluted EPS); Adjusted EBITDA loss $266.5M.
- CEO John Foley becomes Executive Chair; Barry McCarthy (ex-Netflix, Spotify) named CEO.
- Restructuring: cut ~2,800 jobs (~20% of corporate); target $800M annual run-rate cost savings.
- Wind down Peloton Output Park plant; reduce 2022 capex by ~$150M.
- Q3 guidance: rev $950M-$1B, Adj EBITDA loss $(140)M-$(125)M; FY rev $3.7B-$3.8B.

## SEC filing metadata
- accession: 0001639825-22-000007
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2022-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982522000007/0001639825-22-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982522000007/pton-20220208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-22-000007
- JSON: https://secwatch.observer/filing/0001639825-22-000007.json
- Plain text: https://secwatch.observer/filing/0001639825-22-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.