---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-22-000067"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:44:16.189717+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Peloton Q3 FY2022: net loss $757M, revenue down 24%, announces $750M debt financing

## Summary
- Q3 revenue $964.3M (-24% YoY); Connected Fitness gross margin -11.4% vs +28.4% last year.
- Net loss $757.1M (vs $8.6M loss in Q3 FY2021); Adjusted EBITDA -$194.0M.
- Ended quarter with $879M cash; signed $750M term debt commitment with JPMorgan and Goldman Sachs.
- Cost reduction targets $800M annual run-rate savings by FY24; achieved $165M OpEx savings in 2H FY22.
- Hardware price cuts drove 69% daily unit sales increase; All-Access subscription price increase adds ~$14M/month revenue.

## SEC filing metadata
- accession: 0001639825-22-000067
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982522000067/0001639825-22-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982522000067/pton-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-22-000067
- JSON: https://secwatch.observer/filing/0001639825-22-000067.json
- Plain text: https://secwatch.observer/filing/0001639825-22-000067.txt

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