---
schema_version: "secwatch.filing_event.v1"
accession: "0001639825-24-000155"
form_type: "8-K"
ticker: "PTON"
cik: "0001639825"
company_name: "PELOTON INTERACTIVE, INC."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:27:34.873660+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Peloton Q1 FY25 net loss narrows to $1M; positive operating income and free cash flow

## Summary
- GAAP net loss of $1M, improvement of $158M YoY; GAAP operating income of $13M, up $145M YoY.
- Adjusted EBITDA of $116M; free cash flow of $11M; net cash from operations $12M, up $92M YoY.
- Connected Fitness Gross Margin 9.2% (+600 bps YoY); Subscription Gross Margin 67.8%; 2.9M Paid Connected Fitness subscribers.
- Operating expenses down $126M or 30% YoY; Sales & Marketing down $64M or 44% YoY; media spend lowest since FY2020.
- On track for >$200M run-rate cost savings by end FY25; raised prices on Bike/Bike+ internationally and Row in NA.

## SEC filing metadata
- accession: 0001639825-24-000155
- form_type: 8-K
- ticker: PTON
- cik: 0001639825
- company_name: PELOTON INTERACTIVE, INC.
- filed_at: 2024-10-31T23:59:59+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/1639825/000163982524000155/0001639825-24-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639825/000163982524000155/pton-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001639825-24-000155
- JSON: https://secwatch.observer/filing/0001639825-24-000155.json
- Plain text: https://secwatch.observer/filing/0001639825-24-000155.txt

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