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PTON · CIK 0001639825 · FY2026 live · 2026-06-30

PELOTON INTERACTIVE, INC.

DistressSEC 10-KClassic ZIndustrials15th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2026

−1.80

Zone

Distress

vs FY2025

+0.52

Market DD

—

1y PD

—

−1.80

Z″ −5.25

−21.83.08+

Score −1.80 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.47
    1.2 × = 0.56

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −2.69
    1.4 × = −3.77

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.08
    3.3 × = 0.26

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    −0.06
    0.6 × = −0.04

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    1.19
    1 × = 1.19

Five-year path

Z plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.

Meridian Rank

45.27

0–100 · Classic Z family

  • Book standing

    25

  • Year change

    77

  • Market PD

    —

  • O-score

    57

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

PELOTON INTERACTIVE, INC. is on classic Z at −1.80 (distress) for FY2026, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2025 the live print is still distress (+0.52 from −2.31). No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.

Book screen Distress; market PD —. Market PD has not been priced on this name.

MD&A excerpt

Management describes a post-pandemic reset: hardware units remain well below 2021 peaks, connected-fitness subscriptions are the cash engine, and restructuring charges from warehouse and headcount cuts are largely complete. The MD&A emphasizes a path to positive free cash flow via subscription mix, while convertible notes and a term loan still dominate the capital structure. Inventory has been written toward net realizable value after prior overbuild.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 15th percentile in Industrials.

Filing line items

Current assets

$1.5B

Total assets

$2.1B

Current liabilities

$525M

Total liabilities

$2.2B

Working capital

$964M

Retained earnings

−$5.5B

EBIT

$161M

Total sales

$2.4B

Book equity

−$140M

Accession 0001639825-26-000038. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-06-30). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.