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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenue $ 524.6 $ 316.7 $ 1,218.8 $ 691.7
Cost of revenue 278.8 196.1 670.9 408.2
Gross profit 245.8 120.6 548.0 283.5
Operating expenses:        
Selling and marketing expense 154.8 101.1 392.8 246.1
General and administrative expense 126.9 47.0 265.4 152.4
Research and development 22.5 13.8 60.6 37.8
Total operating expenses 304.2 162.0 718.8 436.4
Loss from operations (58.4) (41.4) (170.8) (152.9)
Other income, net:        
Interest income, net 5.6 3.0 12.7 5.2
Other expense, net (2.9) 0.0 (3.1) (0.3)
Total other income, net 2.7 3.0 9.6 4.9
Loss before provision for income taxes (55.7) (38.4) (161.2) (148.0)
Income tax (benefit) expense (0.1) 0.2 (0.5) 0.2
Net loss (55.6) (38.6) (160.7) (148.2)
Net loss attributable to Class A and Class B common stockholders $ (55.6) $ (38.6) $ (160.7) $ (198.3)
Net loss per share attributable Class A and Class B common stockholders (in dollars per share) $ (0.20) $ (1.76) $ (0.80) $ (8.37)
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares) 280,879,011 21,959,822 199,769,233 23,673,350
Other comprehensive income:        
Change in unrealized loss on marketable securities $ (3.1) $ 0.0 $ (3.3) $ 0.0
Change in foreign currency translation adjustment 0.1 0.3 3.4 1.0
Total other comprehensive (loss) income (3.0) 0.4 0.1 1.0
Comprehensive loss (58.6) (38.2) (160.6) (147.2)
Connected Fitness Products        
Revenue 420.2 261.6 958.9 560.8
Cost of revenue 230.0 152.3 546.5 321.1
Subscription        
Revenue 98.2 51.1 242.5 120.1
Cost of revenue 41.4 38.0 103.3 74.6
Other        
Revenue 6.1 4.0 17.4 10.7
Cost of revenue $ 7.5 $ 5.8 $ 21.1 $ 12.5