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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Revenue $ 4,021.8 $ 1,825.9 $ 915.0
Cost of revenue 2,569.8 989.1 531.4
Gross profit 1,452.0 836.7 383.6
Operating expenses:      
Sales and marketing 729.7 477.0 324.0
General and administrative 662.4 351.6 207.0
Research and development 247.8 89.0 54.8
Total operating expenses 1,639.8 917.6 585.8
Loss from operations (187.8) (80.8) (202.3)
Other (expense) income, net:      
Interest expense (14.8) (2.0) (1.7)
Interest income 7.9 18.2 8.7
Foreign exchange losses (3.5) (3.8) (0.3)
Other income, net 0.1 0.1 0.0
Total other (expense) income, net (10.4) 12.4 6.7
Loss before provision for income taxes (198.2) (68.4) (195.6)
Income tax (benefit) expense (9.2) 3.3 0.1
Net loss (189.0) (71.6) (195.6)
Net loss attributable to Class A and Class B common stockholders $ (189.0) $ (71.6) $ (245.7)
Net (loss) income per share attributable to common stockholders, basic (in dollars per share) $ (0.64) $ (0.32) $ (10.72)
Net (loss) income per share attributable to common stockholders, diluted (in dollars per share) $ (0.64) $ (0.32) $ (10.72)
Weighted-average Class A and Class B common shares outstanding, basic (in shares) 293,892,643 220,952,237 22,911,764
Weighted-average Class A and Class B common shares outstanding, diluted (in shares) 293,892,643 220,952,237 22,911,764
Other comprehensive income:      
Net unrealized (losses) gains on marketable securities $ (3.5) $ 3.9 $ 0.2
Change in foreign currency translation adjustment 11.5 6.0 0.0
Total other comprehensive income 8.1 9.9 0.2
Comprehensive loss (180.9) (61.7) (195.4)
Connected Fitness Products      
Revenue 3,149.7 1,462.2 733.9
Cost of revenue 2,239.3 833.5 427.8
Subscription      
Revenue 872.2 363.7 181.1
Cost of revenue $ 330.5 $ 155.7 $ 103.7