Highest-materiality recent filing
Peloton appoints Sid Thacker as CFO effective June 22, 2026; Saqib Baig remains CAO
Sid Thacker named CFO effective June 22, 2026; succeeds interim CFO Saqib Baig who stays CAO.
Peloton Q3 net income $26M; Adj EBITDA $126M (+41%); revenue $631M (+1%)
GAAP net income of $26M vs loss a year ago; Adjusted EBITDA $126M, up 41% YoY.
Peloton appoints Sarah Robb O'Hagan CCMDO; CCO Jen Cotter transitions to advisor
Sarah Robb O'Hagan named CCMDO effective April 1, 2026, succeeding Jen Cotter as head of content and member development.
Peloton CFO Liz Coddington to depart; CAO Saqib Baig named interim CFO
Liz Coddington steps down as CFO effective March 27, 2026 to pursue external opportunity.
Peloton Q2 revenue $657M (-3% YoY), adj. EBITDA $81M (+39% YoY); CFO Coddington to exit March 27
GAAP net loss $39M; Adjusted EBITDA $81M, beating guidance and up 39% YoY. Revenue $657M, $8M below guidance.
Peloton shareholders elect three directors, ratify EY as FY2026 auditor
Elected Karen Boone, Chris Bruzzo, Tara Comonte as Class III directors through 2028.
Peloton Q1 net income $14M, Adj EBITDA $118M beats guidance; raises FY26 outlook
GAAP net income $14M (vs -$1M YoY); Adjusted EBITDA $118M, $18M above guidance high end.
Peloton redesigns executive compensation with new base salary and bonus targets for FY2026-2027
Leadership team base salary set at $850k for remainder of FY2026 and $635k for FY2027.
Peloton beats FY25 guidance, generates $320M+ free cash flow, reduces net debt 43%
GAAP and non-GAAP Free Cash Flow each exceeded $320M in FY25.
Peloton Q3 exceeds guidance; raises FY25 Adjusted EBITDA guidance to $330-350M
Q3 Ending Paid Connected Fitness Subscriptions, Revenue, Gross Margin, and Adjusted EBITDA at or above high end of guidance.
Court grants preliminary approval of Peloton derivative litigation settlement
U.S. District Court for the Eastern District of New York preliminarily approved settlement on April 7, 2025.
Peloton appoints Charles Kirol as COO; Rendich transitions to advisor
Charles Kirol appointed COO effective April 14, 2025; base salary $635K, equity valued at $5M.
Peloton Q2 FY2025 beats guidance, raises full-year Adjusted EBITDA forecast by $60M
Operating expenses down 25% YoY; generated over $100M in operating cash flow and free cash flow.
Peloton CEO Peter Stern appointed to Board of Directors as Class II director effective Jan 16, 2025
Peter Stern, CEO since Jan 1, 2025, appointed as Class II director until 2027 annual meeting.
Peloton stockholders elect director, ratify auditor, approve say-on-pay at 2024 annual meeting
Jay Hoag elected as Class II director with 459M votes for, 65M withheld, 87M broker non-votes.
Peloton appoints Tara Comonte to Board of Directors, effective Dec 3, 2024
Comonte fills vacancy from Jon Callaghan's decision not to stand for re-election.
Peloton settles derivative suit fee claim for $125K; court closes action
Class action alleging breach of fiduciary duty over bylaws was dismissed with prejudice in April 2024 after bylaws amendment.
Peloton Q1 FY25 net loss narrows to $1M; positive operating income and free cash flow
GAAP net loss of $1M, improvement of $158M YoY; GAAP operating income of $13M, up $145M YoY.
Peloton appoints Peter Stern as CEO and President effective January 1, 2025
Peter Stern, formerly President of Ford Integrated Services and Apple VP of Services, becomes CEO effective Jan 1, 2025.
Peloton Q4 FY24 revenue $644M (+0.2% Y/Y); first positive FCF since 2021
GAAP net loss $30M, improvement of $211M Y/Y and $137M Q/Q.
Peloton completes $1.35B holistic refinancing; repurchases $800M of 2026 notes
Closed new $1.0B five-year term loan facility and $100M revolver with JPMorgan and Goldman Sachs.
Peloton completes $350M convertible note offering and $1.1B credit facility refinancing
Priced $300M (plus $50M over-allotment) of 5.50% Convertible Senior Notes due 2029; net proceeds ~$343M.
Peloton launches global refinancing with $275M notes due 2029, $1B term loan, $100M revolver
Offers $275M convertible senior notes due 2029, plus up to $41.3M option for over-allotment.
Peloton Q3 revenue $717.7M, net loss $167.3M; restructuring to cut $200M in annual expenses
Total revenue $717.7M (-4% YoY); connected fitness products revenue $279.9M (-14% YoY); subscription revenue $437.8M (+3% YoY).
Peloton CEO Barry McCarthy steps down; Boone and Bruzzo named Interim Co-CEOs
Barry McCarthy resigns as President, CEO and Board Director effective May 2, 2024; becomes strategic advisor through Dec 31, 2024.
Peloton amends bylaws to update stockholder nomination requirements and align with Delaware law
Revised disclosure and procedural requirements for stockholder nominations and proxy solicitation under Rule 14a-19 universal proxy rules.
Total revenue $743.6M (-6% YoY); subscription revenue $424.5M (+3% YoY).
Peloton appoints Chris Bruzzo to its board; Mildenhall resigns
Jonathan Mildenhall resigned from the Board effective Dec 19, 2023; no disagreement cited.
Peloton stockholders approve 36M share increase to 2019 Equity Incentive Plan
Amendment increases shares reserved by 36M to total 161,701,446 shares under the 2019 Plan.
Peloton CMO Leslie Berland resigns effective Dec 31, 2023
Leslie Berland resigned as Chief Marketing Officer, effective December 31, 2023.
Ended Q1 with 54k Bike rental subscribers in US/Canada; targeting ~75k by year-end.
Peloton CPO Tom Cortese to step down, Nick Caldwell appointed as successor
Cortese transitions to non-executive advisor role effective Oct 31, 2023; Nick Caldwell appointed CPO effective Nov 1, 2023.
Peloton appoints Nick Caldwell as CPO, replacing co-founder Tom Cortese effective Nov 1
Tom Cortese steps down as CPO and transitions to advisory role on November 1, 2023.
Peloton Q4 FY23 revenue $642M, net loss $242M, subscriber churn rises, recall costs weigh
FY Q4 revenue $642.1M, down 5% YoY; net loss $241.8M vs $1.26B loss prior year.
Peloton recalls 2.2M original Bikes due to seat post break hazard; 13 injuries reported
Recall covers model PL01 Bikes sold Jan 2018–May 2023 in U.S.; free replacement seat post offered.
Peloton settles patent dispute with Dish for $75M, obtains ABR license
Peloton pays $75M one-time settlement to Dish to resolve ITC and Texas patent litigation.
Peloton Q3 subs up 5%, gross profit up 47%, settles DISH patent dispute for $75M
Connected fitness subscribers grew 5% YoY; gross profit increased 47% YoY; Adjusted EBITDA loss narrowed $175M YoY.
Peloton Q2 FY2023 revenue $792.7M, net loss $335.4M; FCF improves to -$94M
Total revenue $792.7M (-30% YoY); subscription revenue $411.3M (+22% YoY); hardware revenue $381.4M (-52% YoY).
Peloton shareholders elect director and ratify auditor at 2022 Annual Meeting
Karen Boone elected as Class III director with 623.4M votes for, 10.5M against, 76.8M withheld; term expires 2025.
Peloton Q1 FY23 FCF improves to -$246M; gross margin turns positive 35.2%
Free cash flow improved from -$747M in Q3'22 to -$246M in Q1'23; forecast near breakeven in H2 FY23.
John Foley resigns as Executive Chair and Board member effective Sept 12, 2022; receives modified severance including option extension to June 2025.
Peloton Q4 revenue down 28%, net loss $1.24B, churn spikes to 1.41%
Total revenue $678.7M (-28% YoY); connected fitness product revenue $295.6M (-55%) with negative gross margin of 98.1%.
Peloton exits owned-manufacturing, expands partnership with Rexon; suspends Tonic facility
Peloton exits all owned-manufacturing, expands partnership with leading Taiwanese manufacturer Rexon Industrial Corp.
Peloton appoints Liz Coddington as CFO effective June 13, succeeding Jill Woodworth
Liz Coddington named CFO effective June 13, 2022, replacing Jill Woodworth who steps down.
Peloton enters $750M term loan, $500M revolver credit facility
$750M term loan due May 2027; $500M revolver ($35M due 2024, $465M due 2026).
Peloton to hold investor meetings for $750M term loan facility
Company participating in investor meetings on May 16, 2022 regarding previously announced $750M senior secured term loan.
Peloton Q3 FY2022: net loss $757M, revenue down 24%, announces $750M debt financing
Q3 revenue $964.3M (-24% YoY); Connected Fitness gross margin -11.4% vs +28.4% last year.
Peloton Q2 net loss $439M; CEO replaced, 2,800 jobs cut, guidance slashed
Q2 revenue $1.13B (+6% YoY), net loss $439.4M ($1.39 diluted EPS); Adjusted EBITDA loss $266.5M.
Peloton appoints Barry McCarthy as CEO; Foley becomes Executive Chair; two new directors
Barry McCarthy (ex-Spotify/Netflix CFO) named CEO and President effective Feb 9, 2022; also joins Board.
Peloton prelim Q2 rev ~$1.14B; subs miss guidance at 2.77M; adj EBITDA loss narrows vs guidance
Total revenue approximately $1.14B, in line with guidance of $1.1B-$1.2B.
Saqib Baig will step down from his position as Interim CFO, effective June 22, 2026, and will remain Chief Accounting Officer.
On May 26, 2026, Peloton Interactive, Inc. (the “Company”) announced the appointment of Siddharth (“Sid”) Thacker as Chief Financial Officer (“CFO”) effective June 22, 2026.
On April 9, 2025, Peloton Interactive, Inc. (the “Company”) announced that Charles Kirol had been appointed as Chief Operating Officer (“COO”) of the Company, effective as of April 14, 2025.
On April 9, 2025, the Company announced that Andrew Rendich will transition from Chief Supply Chain Officer (“CSCO”) of the Company to a non-executive, advisory role effective as of April 11, 2025.
On and effective as of January 16, 2025, the Board of Directors (the “Board”) of Peloton Interactive, Inc. (the “Company”) appointed Peter Stern, the Company's Chief Executive Officer and President ("CEO"), as a Class II director of the Company to serve until the 2027 annual meeting of stockholders of the Company and until his successor is duly elected or qualified, or until his prior death, resignation, retirement, disqualification or removal.
Chris Bruzzo will step down as Interim co-CEO and Interim co-President on November 1, 2024.
Effective November 1, 2024, Karen Boone will serve as the sole Interim CEO and Interim President through December 31, 2024.
Peter Stern has been appointed as Chief Executive Officer (“CEO”) and President of the Company, effective as of January 1, 2025.
Effective as of the close of business on May 2, 2024, Mr. McCarthy will transition from President and Chief Executive Officer (“CEO”) of the Company to a non-executive, strategic advisory role.
On April 27, 2024, Barry McCarthy notified Peloton Interactive, Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”) as a Class I director, effective April 28, 2024.
On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.
On May 2, 2024, the Company announced that Karen Boone, current Chairperson of the Board, and Chris Bruzzo, a Board director, have been appointed as Interim Co-CEOs and co-Presidents of the Company, and that Jay Hoag, a Board director, has been named Chairperson of the Board, effective May 2, 2024.
Max materiality 0.85 · Median 0.70 · Most common event earnings