Peloton is recalling 833,000 Original Bike+ Model PL02 exercise bikes in the US.
The recall is due to the seat post assembly potentially breaking during use, posing a risk of falls and injuries.
The company has received three reports of seat post breakage, including two incidents resulting in injuries.
Consumers are urged to immediately stop using the recalled bikes and contact Peloton for a free repair.
Peloton is offering customers a replacement seat post that can be self-installed.
The company's shares dropped 6.5% following the announcement.
Why this matters: This recall raises concerns about the safety and reliability of Peloton products. It also comes at a time when the company is already facing financial challenges and efforts to revive growth.
Peloton's latest recall involves the Original Bike+ Model PL02, sold between January 2020 and April 2025. The U.S. Consumer Product Safety Commission (CPSC) is advising consumers to immediately cease using the recalled bikes. This recall follows a similar issue in 2023, where over 2 million original model bikes were recalled due to seat post problems.
The current recall impacts a significant number of users, and the reports of injuries highlight the potential danger. Peloton is providing replacement seat posts for self-installation, aiming to address the problem quickly. However, the repeated recalls could erode consumer confidence in the brand. The company has been implementing cost-cutting measures, including workforce reductions and price increases, to offset expenses, including those related to tariffs. This recall adds further pressure as Peloton attempts to stabilize its financial position and revive sales following a pandemic-driven surge.
Q: What should I do if I own a recalled Peloton Bike+?
Immediately stop using the bike and contact Peloton for a free replacement seat post.
Q: What model bikes are affected by this recall?
The recall affects approximately 833,000 units of the Original Bike+ Model PL02.
Q: Has Peloton recalled bikes before?
Yes, in 2023, Peloton recalled over 2 million of its original model bikes due to a similar seat post issue.
If you own a Peloton Bike+ (Model PL02), check if it is part of the recall.
Stop using the bike immediately if it is affected.
Contact Peloton to receive a free replacement seat post.
This recall highlights the importance of product safety and the potential risks associated with exercise equipment.
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