Peloton Interactive Inc (Peloton) is a provider of interactive fitness equipment. The company markets products directly to customers and third-party partners through multi-channel sales platform such as E-commerce and inside sales, peloton for business, retail stores, and third-party retailers.

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Peloton research and development initiatives primarily focus on personnel-related expenses, including stock-based compensation, facilities-related expenses, consulting and contractor expenses, tooling and prototype materials, software platform expenses, and depreciation of property and equipment. The company also capitalizes certain qualified costs incurred in connection with the development of internal-use software, which may cause research and development expenses to vary from period to period. The R&D unit(s) of Peloton are responsible for managing personnel-related expenses, facilities-related expenses, consulting and contractor expenses, tooling and prototype materials, software platform expenses, and the depreciation of property and equipment. As of June 2025, Peloton held 178 U.S. issued patents and had 93 U.S. patent applications pending. The company also held 477 issued patents in foreign jurisdictions and 91 patent applications pending in foreign jurisdictions. Additionally, Peloton held 45 registered trademarks in the United States and 959 registered trademarks in foreign jurisdictions. In FY2025, the company incurred expenses of US$234.2 million on R&D, which, as a percentage of revenue, stood at 9.4%.