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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Total revenue $ 616.5 $ 805.2
Cost of revenue 399.3 542.2
Gross profit 217.2 263.0
Operating expenses:    
Sales and marketing 138.7 284.1
General and administrative 193.5 240.4
Research and development 88.1 97.7
Impairment expense 62.9 0.6
Restructuring expense 106.9 0.0
Supplier settlements 1.1 0.0
Total operating expenses 591.1 622.7
Loss from operations (374.0) (359.7)
Other (expense) income, net:    
Interest expense (20.9) (8.6)
Interest income 4.0 0.6
Foreign exchange losses (17.0) (5.2)
Other income (expense), net 0.2 (0.7)
Total other expense, net (33.7) (13.9)
Loss before provision for income taxes (407.7) (373.6)
Income tax expense 0.8 2.4
Net loss (408.5) (376.0)
Net loss attributable to Class A and Class B common stockholders (408.5) (376.0)
Net loss attributable to Class A and Class B common stockholders $ (408.5) $ (376.0)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (1.20) $ (1.25)
Net loss per share attributable to common stockholders, basic, diluted (in dollars per share) $ (1.20) $ (1.25)
Weighted-average Class A and Class B common shares outstanding, basic (in shares) 339,011,157 301,161,474
Weighted-average Class A and Class B common shares outstanding, diluted (in shares) 339,011,157 301,161,474
Other comprehensive (loss) income:    
Net unrealized losses on marketable securities $ 0.0 $ (0.2)
Change in foreign currency translation adjustment 5.3 0.2
Derivative adjustments:    
Net unrealized loss on hedging derivatives 0.0 (1.0)
Reclassification for derivative adjustments included in Net loss (0.5) 0.0
Total other comprehensive income (loss) 4.8 (1.1)
Comprehensive loss (403.6) (377.1)
Connected Fitness Products    
Total revenue 204.2 501.0
Cost of revenue 259.8 440.7
Subscription    
Total revenue 412.3 304.1
Cost of revenue $ 139.5 $ 101.4