Segment Information (Tables)

12 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Key Financial Performance Measures by Segment

Key financial performance measures of the segments including Revenue, Cost of revenue, and Gross profit are as follows:

	Fiscal Year Ended June 30,
	2023		2022		2021
	(in millions)
Connected Fitness Products:
Revenue	$	1,130.2	$	2,187.5	$	3,149.6
Cost of revenue	1,328.8		2,433.8		2,236.9
Gross profit	$	(198.6)	$	(246.3)	$	912.7
Subscription:
Revenue	$	1,670.1	$	1,394.7	$	872.2
Cost of revenue	547.9		450.0		330.5
Gross profit	$	1,122.1	$	944.7	$	541.7
Consolidated:
Revenue	$	2,800.2	$	3,582.1	$	4,021.8
Cost of revenue	1,876.7		2,883.8		2,567.4
Gross profit	$	923.5	$	698.4	$	1,454.4

Schedule of Reconciliation of Segment Gross Profit to Consolidated Loss Before Provision (Benefit) for Income Taxes

The reconciliation between reportable Segment Gross Profit to consolidated loss before provision (benefit) for income taxes is as follows:

	Fiscal Year Ended June 30,
	2023		2022		2021
	(in millions)
Segment Gross Profit	$	923.5	$	698.4	$	1,454.4
Sales and marketing	(648.2)		(1,018.9)		(728.3)
General and administrative	(798.1)		(963.4)		(661.8)
Research and development	(318.4)		(359.5)		(247.6)
Goodwill impairment	—		(181.9)		—
Impairment expense	(144.5)		(390.5)		(4.5)
Restructuring expense	(189.4)		(180.7)		—
Supplier settlements	(22.0)		(337.6)		—
Total other expense, net	(60.9)		(74.1)		(10.4)
Loss before provision (benefit) for income taxes	$	(1,258.0)	$	(2,808.1)	$	(198.2)