---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-22-000100"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:21:43.667158+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Peloton Q4 revenue down 28%, net loss $1.24B, churn spikes to 1.41%

## Summary
- Total revenue $678.7M (-28% YoY); connected fitness product revenue $295.6M (-55%) with negative gross margin of 98.1%.
- Net loss $1,244.4M vs $313.2M loss a year ago; includes $415M restructuring charges; adjusted EBITDA loss $288.7M.
- Ending connected fitness subs 2.966M (flat QoQ); average monthly churn 1.41% (70 bps worse YoY and QoQ).
- Appointed Liz Coddington as CFO (ex-AWS/Netflix); outsourced manufacturing, shut Taiwan ops; cut 760 roles for ~$45M annual savings.
- Launched FAAS rental program (5,000 members, $89/mo); began selling first-gen Bike, Guide, apparel on Amazon.com.

## SEC filing metadata
- accession: 0001639825-22-000100
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2022-08-25T23:59:59+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/1639825/000163982522000100/0001639825-22-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982522000100/pton-20220825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-22-000100
- JSON: https://secwatch.observer/filing/0001639825-22-000100.json
- Plain text: https://secwatch.observer/filing/0001639825-22-000100.txt

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