Peloton Interactive, Inc. (PTON) Q3 2025 Earnings Call Transcript

Peloton Interactive, Inc. (NASDAQ:PTON) Q3 2025 Earnings Conference Call May 8, 2025 8:30 AM ET

Company Participants

James Marsh – Head, Investor Relations
Peter Stern – President & Chief Executive Officer
Liz Coddington – Chief Financial Officer

Conference Call Participants

Youssef Squali – Truist
Arpine Kocharyan – UBS
Doug Anmuth – JPMorgan
Simeon Siegel – BMO Capital Markets

Operator

Thank you for standing by. My name is Celine, and I will be your conference operator today. At this time, I would like to welcome everyone to Peloton Interactive Third Quarter Fiscal Year 2025 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to James Marsh. Please go ahead.

James Marsh

Thank you, operator. Good morning, and welcome to Peloton’s third quarter fiscal year 2025 conference call.

Joining today’s call are Peloton’s Chief Executive Officer and President, Peter Stern, and Chief Financial Officer, Liz Coddington.

Our comments and responses to your questions reflect management’s views as of today only and will include forward-looking statements related to our business under federal securities law. Actual results may differ materially from those contained in or implied by these forward-looking statements due to risks and uncertainties associated with our business. Please refer to our SEC filings and today’s shareholder letter, both of which can be found in our Investor Relations website for a discussion of material risks and other important factors that could impact our results.

During this call, we will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is provided in today’s shareholder letter.

Following prepared remarks from Peter and Liz, we will begin the question-and-answer session with two questions