The US Consumer Product Safety Commission said on Thursday that Peloton Interactive is recalling about 833,000 units of its Original Bike+ Model PL02 after reports that the seat post assembly could break during use, posing a risk of falls and injuries.
The consumer safety regulator said the fitness products maker has received three reports of the seat post breaking and detaching during use, including two incidents that resulted in injuries from falls.
Consumers have been urged to stop using the recalled bikes immediately and contact Peloton for a free repair. The company is offering customers a replacement seat post that can be self-installed.
The recall follows a 2023 voluntary pullback of more than 2 million of Peloton’s original model bikes, which were recalled over a similar seat post issue.
The company’s shares, down 18.1% so far this year, dropped 6.5% in New York on Thursday.
Peloton has been cutting costs and reducing headcount under a turnaround effort, while raising prices for its products to help offset higher expenses tied to Donald Trump’s tariffs.
In August, the company said it would reduce its global workforce by 6% and warned that the latest tariffs were expected to dent its 2026 free cash flow by about $65m.