Peloton Interactive

PTON Retail & Consumer 3/10 Low Risk

3/10

Sector avg: 3.2/10

Peloton Interactive carries $1.3B in long-term debt, with $1.7B in scheduled principal maturities. Notably, the entire $1.7B maturity schedule falls within five years, creating a concentrated refinancing window. PTON shows negative interest coverage (-0.4x), indicating operating losses exceed interest costs and a strong cash position ($1.1B) that could cover most of its debt obligations. DebtCanary scores PTON at 3/10, suggesting manageable refinancing risk.

Maturity Schedule

As of 2026-03-31 (latest SEC filing with maturity data). Debt actions taken after this date will only appear once SEC processes the relevant XBRL filing.

⚠ This schedule may be incomplete: some maturity buckets were excluded because they only appear in older filings. Totals and concentration are not computed from partial schedules.

Period	Amount Due	% of Total
Year 1 (0-12 months)	$10M	0.6%
Year 2 (12-24 months)	$10M	0.6%
Year 3 (24-36 months)	$960M	57.1%
Year 4 (36-48 months)	$350M	20.8%
Year 5 (48-60 months)	$350M	20.8%
Beyond 5 Years	N/A	N/A
Total Scheduled Maturities	$1.7B	100.0%

Why don't these totals match? Total scheduled maturities ($1.7B) exceeds balance-sheet long-term debt ($1.3B) by about 21%. The two figures come from different disclosures: the maturity schedule aggregates gross principal repayments from the debt footnote — typically including the current portion of long-term debt and sometimes finance leases — while balance-sheet long-term debt is a carrying value that excludes the current portion and is net of unamortized discounts, premiums, and issuance costs. They can also come from filings with different period-end dates (2026-03-31 vs 2026-03-31). Both numbers are shown exactly as reported to the SEC.

Key Metrics

Total Long-Term Debt

$1.3B

Near-Term (12mo)

$10M

Interest Coverage

-0.4x

Debt/Equity

N/A

Cash Coverage

112.63x

Operating Income

-$36M

EBITDA

$54M

Debt / EBITDA

24.9x

EBITDA / Interest

0.6x

How This Score Was Computed

Weighted average of 2 scored components (raw 3.22, rounded to 3). Weights of skipped components are redistributed proportionally among those scored.

Component	Value	Sub-Score	Weight Used
Near-Term Maturity Concentration Parts of the maturity schedule only appear in older filings, so concentration would be measured against an incomplete total. Skipped rather than reported as a misleadingly high number.	N/A	—	not scored
Interest Coverage Ratio Show calculation Operating income / Interest expense Operating income: -$36M Interest expense: $97M GAAP operating income is negative while operating cash flow is positive (commonly stock-based compensation). The sub-score uses cash-flow coverage of 3.4x ($333M operating cash flow / $97M interest) so a non-cash loss doesn't read as debt distress. The displayed ratio stays GAAP.	-0.37x	5/10	56%
Debt-to-Equity Ratio Stockholders' equity is negative (-$242M); a debt-to-equity ratio is not meaningful against negative equity.	N/A	—	not scored
Cash Coverage of Near-Term Debt Show calculation Cash & equivalents / Debt due within 12 months Cash & equivalents: $1.1B Near-term debt: $10M	112.63x	1/10	44%
Cash Runway Only scored when a company is burning cash. Operating cash flow is positive (or unreported), so runway isn't a constraint.	N/A	—	not scored

"Weight Used" shows each component's share after the weights of unscored components are redistributed. Full thresholds and formulas are on the methodology page.

Recent SEC Filings

Material disclosures from Peloton Interactive's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date	Form	Details
2026-05-26	8-K	Officer / Director Change, Reg FD Disclosure
2026-05-07	10-Q	Quarterly report
2026-05-07	8-K	Earnings Results
2026-03-17	8-K	Officer / Director Change, Reg FD Disclosure
2026-03-11	8-K	Officer / Director Change
2026-02-05	10-Q	Quarterly report
2026-02-05	8-K	Earnings Results, Officer / Director Change, Reg FD Disclosure
2025-12-15	8-K	Shareholder Vote

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2026-03-31. Filing date: 2026-05-07. Data last fetched: 2026-07-28. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Peloton Interactive →