Peloton Interactive Inc - 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended December 31, 2025OR Peloton Interactive, Inc. (Exact name of registrant as specified in its charter) Delaware(State or other jurisdiction ofincorporation or organization)441 Ninth Avenue, Sixth FloorNew York, New York(Address of principal executive offices) 47-3533761(I.R.S. EmployerIdentification No.)10001 (929)567-0006(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of February2, 2026, the number of shares of the registrant’s Class A common stock outstanding was 409,652,366, andthe number of shares of the registrant’s Class B common stock outstanding was 15,836,724. Part I. Financial Information Condensed Consolidated Balance Sheets as of December 31, 2025 (unaudited) and June 30, 20254Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three and Six MonthsEnded December 31, 2025 and 2024 (unaudited)5Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2025 and 2024(unaudited)6 Notes to Condensed Consolidated Financial Statements (unaudited) SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities Litigation ReformAct of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statementscontained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities ExchangeAct of 1934, as amended (the “Exchange Act”). All statements contained in this Quarterly Report on Form 10-Q other than statements ofhistorical fact, including, without limitation, statements regarding our execution and timing of, and the expected benefits from, ourrestructuring initiatives and cost-saving measures, the cost savings and other efficiencies of expanding relationships with our third-partypartners, details regarding and the timing of the launch of new products and services, our initiatives with retailer partners and our efforts We have based these forward-looking statements on our current expectations and projections about future events and trends that webelieve may affect our financial condition, results of operations, business strategy, short-term and long-term business operations andobjectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions and •our ability to successfully execute our business strategy;•our ability to achieve and maintain profitability and positive free cash flow;•our ability to attract and maintain subscribers (“Subscribers”);•our ability to accurately forecast consumer demand for our products and services and adequately manage our inventory;•our ability to execute and achieve the expected benefits of our restructuring initiatives and other cost-saving measures on ouranticipated timetable or at all, and whether our efforts will result in further actions or additional asset impairment charges that •our ability to effectively manage our growth and costs;•our ability to anticipate consumer preferences and successfully develop and offer new products and services in a timelymanner, and effectively manage the introduction of new or enhanced products and services; •demand for our products and services and growth of the c