{"schema_version":"secwatch.filing_event.v1","accession":"0001639825-24-000049","form_type":"8-K","ticker":"PTON","cik":"0001639825","company_name":"PELOTON INTERACTIVE, INC.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.376222+00:00","generated_at":"2026-06-03T00:35:24.721334+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Peloton Q3 revenue $717.7M, net loss $167.3M; restructuring to cut $200M in annual expenses","bullets":["Total revenue $717.7M (-4% YoY); connected fitness products revenue $279.9M (-14% YoY); subscription revenue $437.8M (+3% YoY).","Net loss $167.3M, improved from $275.9M loss in Q3 FY23; Adjusted EBITDA $5.8M vs. -$18.7M YoY.","Free cash flow positive $8.6M, first time in over three years; subscription gross margin 68.1% (+30 bps YoY).","Restructuring plan targets >$200M annual run-rate cost reduction by end of FY2025, with ~15% headcount reduction (~400 team members).","Plans to reduce retail showroom footprint and reimagine international go-to-market; also working with JP Morgan/Goldman on refinancing."],"urls":{"canonical":"https://secwatch.observer/filing/0001639825-24-000049","json":"https://secwatch.observer/filing/0001639825-24-000049.json","markdown":"https://secwatch.observer/filing/0001639825-24-000049.md","text":"https://secwatch.observer/filing/0001639825-24-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000049/0001639825-24-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639825/000163982524000049/pton-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:35:24.721334+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}