secwatch.observer — SEC 8-K summary
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Issuer:     PELOTON INTERACTIVE, INC. (PTON)
CIK:        0001639825
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001639825-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peloton Q2: Revenue $743.6M (-6% YoY), net loss $194.9M; expects positive FCF in Q4 but not full year
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- Total revenue $743.6M (-6% YoY); subscription revenue $424.5M (+3% YoY).
- Net loss $194.9M (improved from $335.4M YoY); adjusted EBITDA -$81.7M.
- Paid Connected Fitness subs 3.004M (+1% YoY); monthly churn 1.2% (flat YoY).
- Guides for positive free cash flow in Q4 FY24; expects revenue growth in Q4.
- Gross profit +27% YoY; total gross margin 40.3% vs 29.7% last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639825/000163982524000004/0001639825-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639825/000163982524000004/pton-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001639825-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer