---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-23-000061"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:13:29.552446+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Peloton Q3 subs up 5%, gross profit up 47%, settles DISH patent dispute for $75M

## Summary
- Connected fitness subscribers grew 5% YoY; gross profit increased 47% YoY; Adjusted EBITDA loss narrowed $175M YoY.
- Free cash flow loss reduced $691M YoY; ending cash balance increased sequentially.
- Settled DISH Technologies patent dispute for $75M, resolving ITC infringement finding; Q4 FCF to be pressured.
- Brand relaunch with tiered Peloton App coming this month; FAAS rentals grew 70% Q/Q to 47k subscribers.
- Sold 7k PCR bikes in Q3; expects seasonal Q4 subscriber decline.

## SEC filing metadata
- accession: 0001639825-23-000061
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000061/0001639825-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000061/pton-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-23-000061
- JSON: https://secwatch.observer/filing/0001639825-23-000061.json
- Plain text: https://secwatch.observer/filing/0001639825-23-000061.txt

## Key facts
- Earnings Releases
  PELOTON INTERACTIVE, INC. reported financial results for the quarter ended March 31, 2023.
  - Period: the quarter ended March 31, 2023
  - Result: reported results
  source text: On May 4, 2023, Peloton Interactive, Inc. (“Peloton” or the “Company”) will hold a conference call regarding its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639825/000163982523000061/0001639825-23-000061-index.htm

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