<SEC-DOCUMENT>0001639825-22-000100.txt : 20220825
<SEC-HEADER>0001639825-22-000100.hdr.sgml : 20220825
<ACCEPTANCE-DATETIME>20220825070137
ACCESSION NUMBER:		0001639825-22-000100
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20220825
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20220825
DATE AS OF CHANGE:		20220825

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PELOTON INTERACTIVE, INC.
		CENTRAL INDEX KEY:			0001639825
		STANDARD INDUSTRIAL CLASSIFICATION:	 [3949]
		IRS NUMBER:				473533761
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39058
		FILM NUMBER:		221192950

	BUSINESS ADDRESS:	
		STREET 1:		C/O PELOTON INTERACTIVE, INC.
		STREET 2:		125 W. 25TH ST., 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001
		BUSINESS PHONE:		866-679-9129

	MAIL ADDRESS:	
		STREET 1:		C/O PELOTON INTERACTIVE, INC.
		STREET 2:		125 W. 25TH ST., 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Peloton Interactive, Inc.
		DATE OF NAME CHANGE:	20150416
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>pton-20220825.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" ?><!--XBRL Document Created with Wdesk from Workiva--><!--Copyright 2022 Workiva--><!--r:2c058f25-5a02-479c-9494-046bead4f7a6,g:2c2bf491-7ad3-4cfc-bbbc-06c30114f9ef,d:7865f879d4b247239bbfcd164e555878--><html xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:dei="http://xbrl.sec.gov/dei/2022" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns="http://www.w3.org/1999/xhtml" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xml:lang="en-US"><head><meta http-equiv="Content-Type" content="text/html"/>


<title>pton-20220825</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF8xLTEtMS0xLTEwNzg1NA_f50947ab-b413-42a4-a9b4-5f3fedda24b2">0001639825</ix:nonNumeric><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:AmendmentFlag" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF8yLTEtMS0xLTEwNzg1NA_0d4a5ae5-c4f4-4867-9d92-2b4989108158">false</ix:nonNumeric><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF81LTEtMS0xLTEwNzg1NA_81496610-0b4d-44e7-a35f-6edd8b1f0ca1">441 Ninth Avenue, Sixth Floor</ix:nonNumeric><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF82LTEtMS0xLTEwNzg1NA_049062ff-ab77-4a44-9473-4c185478691d">New York</ix:nonNumeric><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF83LTEtMS0xLTEwNzg1NA_751733af-94a9-4bcf-af8d-ff157a84d4c5">New York</ix:nonNumeric></ix:hidden><ix:references xml:lang="en-US"><link:schemaRef xlink:type="simple" xlink:href="pton-20220825.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001639825</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2022-08-25</xbrli:startDate><xbrli:endDate>2022-08-25</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i7865f879d4b247239bbfcd164e555878_1"></div><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">WASHINGTON, D.C. 20549</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:9pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:18pt;font-weight:700;line-height:139%">FORM <ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc4_37d4f386-71ab-479b-855d-cf09c18272d4">8-K</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:10pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">Pursuant to Section 13 or 15(d) of the</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:139%">Securities Exchange Act of 1934</span></div><div style="margin-top:9pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Date of Report (Date of earliest event reported): <ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8zMzQ_6045555b-df8a-4665-b8d8-e7b5e05dabd0">August 25, 2022</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:22pt;font-weight:700;line-height:139%"> <ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgz_9bf06f77-45cf-425b-b3e0-33cdd0c5cc30">Peloton Interactive, Inc.</ix:nonNumeric></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:139%"> (Exact name of Registrant as Specified in Its Charter)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-bottom:7pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTAtMS0xLTEwNzg1NA_6c4f886f-d1dc-4850-aa13-65bb15242656">Delaware</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityFileNumber" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTEtMS0xLTEwNzg1NA_c9e27e42-54d8-432b-9dcf-3c2588f4f32f">001-39058</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTItMS0xLTEwNzg1NA_9e6c392a-d3cb-4a9e-8f9b-03af7d8e1a53">47-3533761</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(State or Other Jurisdiction</span></div><div style="margin-bottom:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">of Incorporation)</span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Commission File Number)</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">(IRS Employer</span></div><div style="margin-bottom:2pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:120%">Identification No.)</span></div></td></tr><tr style="height:13pt"><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzU_81496610-0b4d-44e7-a35f-6edd8b1f0ca1">441 Ninth Avenue, Sixth Floor</ix:nonNumeric> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzk_049062ff-ab77-4a44-9473-4c185478691d">New York</ix:nonNumeric>, <ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressStateOrProvince" format="ixt-sec:stateprovnameen" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzEz_751733af-94a9-4bcf-af8d-ff157a84d4c5">New York</ix:nonNumeric> </span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTItMS0xLTEwNzg1NA_028d02db-28fd-4d8c-984d-7a25f4317a44">10001</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Address of Principal Executive Offices)</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7.5pt;font-weight:700;line-height:100%">(Zip Code)</span></td></tr></table></div><div style="margin-top:12pt;text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Registrant&#8217;s Telephone Number, Including Area Code: (<ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODg0_0ed1ea62-35b1-41fb-b5b6-e977c7f0fd32">917</ix:nonNumeric>) <ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc5_00fcd6c4-9f59-47a7-80c9-c66fe961eaac">671-9198</ix:nonNumeric></span></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Not Applicable</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:700;line-height:139%">(Former Name or Former Address, if Changed Since Last Report)</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">_______________________________________________________</span></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODg1_91b585e3-8be2-4d14-afdb-5604d5664fd9">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc0_24bd240b-4b9f-4de5-b344-3bc2954a6a26">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div><div style="margin-top:9pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgy_03518cd2-55b7-4b11-8975-d7fbe6e79444">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div><div style="margin-top:6pt;padding-left:25pt;text-indent:-25pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc3_1aaa2880-b3bb-4da1-9e42-2df49ae97cb5">&#9744;</ix:nonNumeric></span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">&#160;&#160;&#160;&#160;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div><div style="margin-bottom:13pt;margin-top:6pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.138%"><tr><td style="width:1.0%"></td><td style="width:45.555%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:19.944%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.201%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Title of Each Class</span></td><td colspan="3" style="border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Trading Symbol</span></td><td colspan="3" style="border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Name of Each Exchange on Which Registered</span></td></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTAtMS0xLTEwNzg1NA_f2a22550-fa94-4824-8173-38e761f2fb14">Class A Common Stock, $0.000025 par value per share</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTEtMS0xLTEwNzg1NA_db669435-d767-4f5b-8291-1b35754a47de">PTON</ix:nonNumeric></span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-left:1pt solid #000000;border-right:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTItMS0xLTEwNzg1NA_c6788025-bd08-45cc-9d6b-f9ea1ab7b500">The Nasdaq Stock Market LLC</ix:nonNumeric></span></td></tr></table></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;&#8201;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;&#8201;240.12b-2 of this chapter).</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Emerging growth company&#160;</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%"><ix:nonNumeric contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgx_f03e8eb2-ff27-47ae-861c-391dfca7f4f9">&#9744;</ix:nonNumeric></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="margin-top:9pt"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:139%">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:139%">&#9744;</span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><div id="i7865f879d4b247239bbfcd164e555878_7"></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="-sec-extract:summary;margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:139%">Item 2.02.&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 25, 2022, Peloton Interactive, Inc. (&#8220;Peloton&#8221; or the &#8220;Company&#8221;) will hold a conference call regarding its financial results for the year ended June 30, 2022. </span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton also issued a letter to its stockholders announcing its financial results for the year ended June 30, 2022 (the &#8220;Shareholder Letter&#8221;). A copy of the Shareholder Letter is furnished as Exhibit 99.1 to this Current Report on Form 8-K.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton is making reference to non-GAAP financial information in both the Shareholder Letter and the conference call. A reconciliation of GAAP to non-GAAP results is provided in the Shareholder Letter, as attached to this Current Report on Form 8-K.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton uses its Investor Relations website (https://investor.onepeloton.com/investor-relations) as well as its Twitter feed (@onepeloton) and Press Newsroom (https://www.onepeloton.com/press) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The information furnished with Item 2.02 to this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed &#8220;filed&#8221; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 9.01.         Financial Statements and Exhibits.</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:112%">(d) Exhibits.</span></div><div style="margin-bottom:10pt;margin-top:3pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:11.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:2.372%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:82.790%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:2pt;padding-left:1.5pt;padding-right:1.5pt;text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Exhibit</span></div><div style="margin-bottom:2pt;padding-left:3pt;padding-right:3pt;text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Number</span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit Title or Description</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1</span></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:2pt;margin-top:2pt;padding-left:3pt;padding-right:2pt"><span style="color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a4q2022shareholderletter.htm">L</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a4q2022shareholderletter.htm">etter </a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a4q2022shareholderletter.htm">to Shareholders, dated August </a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a4q2022shareholderletter.htm">2</a><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline" href="a4q2022shareholderletter.htm">5, 2022</a></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cover Page Interactive Data File (embedded within the inline XBRL document).</span></td></tr></table></div><div><span><br/></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:36pt;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:139%">SIGNATURES</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:139%">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="margin-bottom:7pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:41.122%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:49.595%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:100%">PELOTON INTERACTIVE, INC.</span></td></tr><tr style="height:13pt"><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date:  August 25, 2022</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ </span><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Elizabeth F Coddington</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Elizabeth F Coddington</span></td></tr><tr><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:0 1pt"><div style="margin-bottom:2pt;margin-top:2pt"><span><br/></span></div></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Chief Financial Officer</span></td></tr></table></div><div style="margin-top:15pt"><span><br/></span></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div><div><span><br/></span></div></div></div></body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a4q2022shareholderletter.htm
<DESCRIPTION>EX-99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i297eff0fe9c340149bb735eabd43c47f_1"></div><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:133%"> </font></div><div><img alt="screenshot2022-05x09192059.jpg" src="screenshot2022-05x09192059.jpg" style="height:83px;margin-bottom:5pt;vertical-align:text-bottom;width:192px"></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:12pt;font-weight:700;line-height:133%">4Q 2022 Shareholder Letter </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">August 25, 2022</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">Dear Shareholders,</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">When you look at our financial performance in Q4, I suspect what you see will be a function of where you sit. The naysayers will look at our Q4 financial performance and see a melting pot of declining revenue, negative gross margin, and deeper operating losses. They will say these threaten the viability of the business. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">But what I see is significant progress driving our comeback and Peloton&#8217;s long-term resilience. Important milestones reached include new executive leadership, renegotiated supply contracts, and significantly reduced cash outflow.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are on a journey to reach sustained positive free cash flow. In the six months leading up to Q4'22, we averaged negative free cash flow of approximately $650 million per quarter.  We reduced that outflow to $412 million in Q4. Our goal is to reach breakeven cash flow on a quarterly basis in the second half of FY23. We continue to make steady progress, but we still have work to do.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We reported an operating loss of $1.20 billion in Q4. $415 million of the loss was related to restructuring charges. The loss reflects the substantial progress we made this last quarter re-architecting the business to reduce the current and future inventory overhang, converting fixed to variable costs, and addressing numerous supply chain issues. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This progress, plus the reduced cash flow burn, is the positive story behind the headline loss. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">From a supply chain perspective, Q4 was primarily focused on two goals &#8211; reducing our inventory commitments, which posed an existential threat to the business, and outsourcing all manufacturing for connected fitness hardware. Both goals were achieved, and as part of this restructuring, we shut down our owned manufacturing activities in Taiwan. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subsequently, in early August, we announced the rightsizing and outsourcing of roughly half of our Member Support resources and the complete shift to third party providers for last mile delivery in the U.S. and a partial shift internationally. This further simplification of our Supply Chain and Member Support organizations will result in a downsizing of our employee base by roughly 760 team members. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These were difficult decisions, because we&#8217;re talking about people&#8217;s livelihoods. However, these are important steps on our comeback journey and should reduce expenses annually by approximately $45 million. The overall goal is to reduce the cost of our per-product final mile delivery costs by up to 50% with a CSAT score of 4.8 on a 5-point scale. Additionally, you can expect us to continue to rationalize our cost structure in order to bring overall spending in line with the revenue run rate of the business.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">One of the core principles of my management philosophy is that talent density is foundational to success. To help us on our journey, I&#8217;m pleased to welcome Liz Coddington to the CFO role at Peloton. Liz was part of my finance team at Netflix and joined us from Amazon&#8217;s AWS business. She brings deep operating excellence to the team, and like Andy Rendich, our new head of Supply Chain, she will be based here in New York with me. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Despite the many challenges we&#8217;ve faced since I joined the company, the Peloton Studios teams and our instructors continue to perform with distinction. They are a source of creative inspiration and excitement for our Members (as well as our employee team members) and a shining example of what&#8217;s uniquely and enduringly Peloton.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In July, our studios in New York and London opened to members for the first time. As anticipated, the response and energy has been electric. Subsequently, we teased a new Tread talk show concept with Ashton Kutcher, inviting members to train alongside him as he uses his Peloton Tread to prepare for his first ever New York City Marathon.  And, shortly after the end of the quarter, global culture icon (and Peloton super-fan) Lizzo surprised Members, joining a live cycle class at </font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">our NY Studio on the day she dropped her newest album, and helped celebrate Peloton&#8217;s Second Lizzo Artist Series. This one ride has generated over 426 thousand workouts, the most participation of any cycle class within 7 days of its air date. The Lizzo Artist Series spans four of our 14 modalities and, in the first week alone, Members spent more than 13.2 million minutes &#8211; or more than 25-years&#8217; time &#8211; working out to these new classes.  That&#8217;s the incredible power and engagement of our Member community which you see reflected in our extraordinarily low monthly churn rate and our high net promoter scores of 65&#47;72 for U.S. Bike&#47;Bike+ and 69 for Tread.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In Q3 of FY22, we cut hardware prices in order to sell inventory to ease the cash flow pressures on the business, despite selling that hardware at a negative gross margin. In August, we announced a more nuanced pricing strategy, with continued low pricing on our first generation Bike and Guide and a return to premium pricing on all other connected fitness units (Bike+ and Tread). </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With the supply chain restructuring discussed earlier in this letter, and the refinancing we completed in Q4, we&#8217;ve made sufficient progress to be able to raise prices in order to manage the business for margin as well as cash flow, which you see reflected in the August  price changes.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">And while we&#8217;re reasserting our premium brand positioning, we will continue to pursue value-minded consumers with the pricing for our first generation Bike, our offering of Peloton certified pre-owned original Bike, and our Fitness-as-a-Service (FAAS) rental program, as well as our digital app subscription.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Here's the update on FAAS. Our test results show the program is driving increased traffic to the top of our marketing funnel and clearly appeals to a younger, more value-conscious consumer. We&#8217;ve been in limited test markets, and since June, roughly 20% of all first generation Bikes have rented under this program. This equates to more than 5,000 Members paying $89&#47;month for a first generation Bike rental with All-Access Membership. FAAS churn rates are under 3% for the initial months of membership, which is better than we were expecting, and beginning in September, we will expand marketing support of the program nationwide.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August, we launched a limited 10-day test of Peloton certified pre-owned Bike sales in the U.S. and Germany. The consumer response significantly outperformed our expectations. In addition to FAAS, we plan to lean into this latest evolution of our business model, and I look forward to reporting back to you next quarter on our progress on both of these strategic programs.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Yesterday, we announced first generation Bikes, Guide, select apparel, and accessories are for sale on amazon.com in the U.S.  Amazon has become the default first-stop shopping destination for hundreds of millions of customers worldwide. Our Peloton store on amazon.com will bring a selection of our products closer to the Amazon's U.S. customer base and allow us to directly act on fitness related shopping queries occurring on Amazon every week. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our orders will be fulfilled by Amazon&#8217;s logistics network and for the first time we&#8217;re offering new Members a self-assembly option in addition to our traditional expert assembly service. We remain engaged in productive conversations with other prospective retail partners and are hopeful we&#8217;ll be able to announce additional partnerships soon.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Before closing, I&#8217;d like to spend a few moments talking about the market for connected fitness and our guidance for FY23.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With the US market for connected fitness down an estimated 51% YTD and our market share up an estimated 17% YTD, we expect the market for connected fitness to remain challenging for the foreseeable future in FY23.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We&#8217;ll have more to say about our operating plans for FY23 as the year unfolds and as we continue to evolve our operating model to drive revenue growth and margin expansion in North America, western Europe, and Australia. For the balance of FY23, revenue growth and margin expansion will be my primary focus.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If past is prologue, we&#8217;ll continue to evolve our operating model and improve our management of the business, including our approach to managing retail stores, third party distribution, international, apparel, as well as corporate health and wellness. But, when, in time, we look in the rear-view mirror, I think Q4 will have been the high water mark for write-offs and restructuring charges related to inventory and supply chain issues and the beginning of the comeback story for Peloton. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In high school, I spent three summer months working on a cargo ship. After midnight on my second voyage, I was asleep when the alarm for general quarters woke me. My reporting station was on the bridge. Fear is a great motivator. I dressed while I ran. The 720 ft ship was doing 27 knots and the helm was hard alee. The ship was healing sharply to starboard and the steel hull was shuddering. The captain was trying to turn the ship around, but a ship that big, going that fast, takes </font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">miles and miles to change direction. We saved two mens&#8217; lives that night. They&#8217;d been lost at sea, in the Mediterranean, for several days. A fortunate, happy ending.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Peloton is like that cargo ship. We&#8217;ve sounded the alarm for general quarters. Everyone&#8217;s at their station.  We continue to add new inputs to evolve our go to market strategy to restore growth. When will the ship respond is the question. Our goal is FY23. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Barry McCarthy</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">CEO &#38; President</font></div><div><font><br></font></div><div style="text-align:justify"><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">FY 2022 Q4 Operating Metrics and Financial Summary</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:38.483%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.427%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.427%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.427%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.427%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.433%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">% Change</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">User Metrics</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q4 FY'21</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q3 FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q4 FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Y&#47;Y</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q&#47;Q</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Members (in millions)</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.0</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.0</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.9</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ending Connected Fitness Subscriptions (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.331</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.962</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.966</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net Connected Fitness Subscription Additions (in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.250</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.195</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.004</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(98)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(98)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Platform Workouts (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154.5</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">184.3</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">148.2</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Quarterly Workouts (in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">134.3</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">164.6</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">131.7</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Average Monthly Workouts per Connected Fitness Subscription</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.9</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.8</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14.8</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(26)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Average Net Monthly Connected Fitness Churn</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.73&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.75&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.41&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">70 bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">70 bps</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ending App Subscriptions (in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.874</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.976</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.980</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Financial Results (dollars in millions)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Products Revenue</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">655.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">594.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">295.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(55)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription Revenue</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">369.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">383.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Revenue</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">936.9&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">964.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">678.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(28)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Products Gross Profit</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">76.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(67.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(290.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(479)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(327)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Products Gross Margin</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(98.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10,980) bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8,670) bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription Gross Profit</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">178.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">252.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">260.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription Gross Margin</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">68.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">470 bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20) bps</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription Contribution Margin</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">72.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">270 bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40 bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Gross Profit</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">184.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(112)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(116)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Gross Margin</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">-4.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,160) bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,350) bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Operating Expenses</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">556.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">920.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,172.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">111&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net Loss</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(313.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,244.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(297)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(64)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted EBITDA </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(45.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(288.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(540)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(49)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted EBITDA Margin </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(42.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,770) bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,240) bps</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 13pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net Cash Used in Operating Activities</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(599.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(670.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(359.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Free Cash Flow </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(678.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(746.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(411.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">______________________</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:400;line-height:133%">(1) For a reconciliation of non-GAAP financial measures to their corresponding GAAP measures, please refer to the reconciliation tables in the section titled &#8220;Non-GAAP Financial Measures.&#8221;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, many of the costs and expenses that may be incurred in the future. We have provided a reconciliation of GAAP to non-GAAP financial measures for the fourth quarter and fiscal year ended in the reconciliation tables at the end of this letter.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:232%;text-decoration:underline">OPERATING METRICS</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Connected Fitness Subscriptions</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We ended the quarter with 2.97 million Connected Fitness subscriptions. While gross additions were in-line with expectations, in accordance with Canadian consumer protection statutes, we proactively moved all Canadian Connected </font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fitness subscriptions to a churned state until Canadian Members actively approved our Connected Fitness subscription price increase.  Absent this action, our reported ending Connected Fitness subscriber count would be approximately 16 thousand higher.  As of this writing, over 85% of our Canadian Connected Fitness Member base has taken the necessary action, and we anticipate further reactivations to occur in the future.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our reported Member count declined modestly (143 thousand) from Q3.  As a reminder, our Member count includes an engagement component (active over the last 12 months) that is impacted by the greater seasonality associated with our Peloton App product. In addition, our trailing 12 month calculation was impacted by the roll-off of the higher Member engagement we observed during the COVID-impacted Q4 of FY21.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Churn &#38; Engagement</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Member engagement remained strong at 14.8 Average Monthly Workouts per Connected Fitness Subscription. While down sequentially from Q3'22 due to typical seasonal trends, engagement is tracking well above pre-COVID levels, up over 20% vs. Q4 of FY19.  </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Average Net Monthly Connected Fitness Churn for the quarter was 1.41%, slightly ahead of our internal expectation, partly driven by the Canadian Member action described above. We anticipated a sequential increase in churn this quarter due to seasonal trends as well as the announcement of our All-Access Membership subscription price increase. Exiting the quarter, churn has been tracking lower than Q4 levels. Looking ahead, we believe churn will remain roughly consistent, subject to typical seasonal fluctuations. Overall, we remain pleased with our strong member retention levels, which we believe to be category-leading. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Peloton App</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">App subscriptions ended the quarter at 980 thousand, up 4 thousand from Q3 and 12% year-over-year, modestly ahead of internal expectations, driven by better than anticipated retention. We tend to see pronounced seasonality with our app, consistent with category trends. As weather improves and consumers spend more time outdoors and traveling, the fitness app category tends to see significantly lower engagement during the late Spring&#47;Summer months and higher than average Member churn. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Product and Content Highlights</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 5th, we soft-launched Peloton Guide, our first connected strength offering. Guide is an AI-enabled device that uses machine learning and innovative camera technology to create an evolving strength training experience. Engagement trends among Guide subscribers were strong, driving higher than average activity levels for both Guide-only subscribers as well as existing Bike and Tread owners who added Guide to their Peloton fitness program.  We continue to </font><font style="background-color:#ffffff;color:#222222;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">invest in our new Guide Product with many member-focused software improvements, including responding to top member requests by adding Apple Watch support and the ability to stack consecutive classes for customized strength workouts. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Delivering on our commitment to accessibility, in Q4 we welcomed our first adaptable athlete instructor, Logan Aldridge, and officially launched our Adaptive Training Content vertical. Off-air, Logan acts in a training specialist role working with all instructors in forwarding Peloton's commitment to content accessibility and inclusivity. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#222222;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Responding to Member requests, we added a Spanish UI to enable Spanish-speaking members to navigate more easily.  We celebrated the upcoming opening of Peloton Studios New York and Peloton Studios London with an all-new in-studio Member software experience featuring easier login and the ability to race and high-five other Members both in and out of class. Finally, we made many improvements to the Peloton App, including allowing Members to track every outdoor running, walking, and cycling workout with Peloton with our GPS-enabled Just Work Out feature. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:232%;text-decoration:underline">FINANCIAL RESULTS</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Revenue</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total revenue for the quarter was $678.7 million, down 28% when compared to COVID-impacted Q4 FY21. Connected Fitness revenue, which includes the contribution from Precor, was $295.6 million, down 55% vs. Q4 last year.  The primary driver of the year-over-year revenue decline was a reduction in consumer demand exiting the pandemic&#8217;s peak.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subscription revenue of $383.1 million grew by 36% year-over-year, representing 56.4% of total company revenues, our first reported quarter where high-margin subscription revenues contributed the majority of our total revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Gross Profit and Margin</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Gross profit in Q4 was $(29.8) million, yielding a consolidated gross margin of (4.4)%. Connected Fitness gross margin was (98.1)%, primarily driven by a significant increase to our inventory reserves of $(182.3) million.  Additionally, we experienced higher logistics expenses per delivery, increased port and storage costs, fixed logistics cost deleveraging, and charges associated with the voluntary recall of our Tread+ product. The inventory reserves are primarily related to excess accessories and apparel inventory that we do not expect to sell above its current carrying value, returned Connected Fitness Products that we do not expect to sell, and reserves for raw materials that we estimate would have no future use as a result of our restructuring activities. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subscription gross profit was $260.3 million in Q4, representing 46% year-over-year growth. Subscription gross margin was 67.9%, up from 63.3% in the year ago period, primarily driven by fixed cost leverage with more Connected Fitness Subscriptions as well as modest efficiencies associated with certain variable costs.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Operating Expenses</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total operating expense was $1,172.1 million vs. $556.3 million in the year ago period. This quarter we recognized the following one-time expenses&#58; $337.6 million of supplier settlements, $337.2 million of non-cash impairment expense for write-downs and write-offs of fixed and intangible assets, primarily related to our restructuring initiatives, and $22.2 million of restructuring expense.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Excluding these non-recurring items, operating expenses declined (14)% Y&#47;Y to $475.2 million, representing 70.0% of revenue.  </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Of the non-cash impairment expense of $337.2 million, roughly half was attributable to the impairment of acquisition related intangible assets. Additional impairments in connection with our restructuring activities include the wind down of certain software implementation and development programs, as well as our Peloton Output Park facility that we are completing and readying for sale later this calendar year. Our $22.2 million restructuring expense (of which 53% was non-cash related to stock-based compensation expense) related to additional severance and personnel cost as well as other cash exit charges.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We accrued for $337.6 million in settlement agreements with various third-party suppliers to </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">absolve the Company of adverse future component purchase commitments related to the manufacture of our products. In terms of payment timing, $100 million occurred during Q4, and nearly all of the remaining balance we expect to pay 1HFY23.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Adjusted EBITDA</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Adjusted EBITDA for Q4 was $(288.7) million versus $(45.1) million in the year ago period.  The primary drivers of the year-over-year decline were lower revenue and Connected Fitness gross margins, as well as higher operating expenses. The primary driver of our actual results vs. our guidance range of $(120) million to $(115) million for Q4'22 was primarily due to inventory reserves&#59; of the $(182.3) million of inventory reserves described above, $(56.4) million was driven by restructuring initiatives and is an add-back to Adjusted EBITDA, and the remaining $(125.9) million of inventory reserve impacted Connected Fitness segment gross margin.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Inventories</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">End of quarter inventory was $1.1 billion which includes the increase to our inventory reserves of $(182.3) million taken in Q4 against a broad range of inventory assets as noted above.  </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Free Cash Flow &#38; Cash Balance</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net cash used in operations was $(359.9) million. Free cash flow (cash flow from operations less capital expenditures and internal-use software development costs) was $(411.9) million. Capital expenditures and internal-use software development costs were $52.0 million in Q4, including continued expenditures associated with the completion of a construction phase of our Peloton Output Park facility prior to our anticipated sale of the asset later this calendar year. We ended Q4 with $1.25 billion in cash and cash equivalents. We also have a $500 million revolving credit facility, which remains undrawn to date.</font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">Q1 FY'23 OUTLOOK</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:30.427%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.733%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.738%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q1 FY'23 Range</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">% Change (Midpoint)</font></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">User Metrics (in millions)</font></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q1 FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q4 FY'22</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Low</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">High</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Y&#47;Y</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Q&#47;Q</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ending Connected Fitness Subscriptions</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.492</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.966</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.966</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.966</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Financial Results (dollars in millions)</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Revenue</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$805</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$679</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$625</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$650</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)%</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Gross Margin</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#126;35%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#126;35%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">233 bps</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM</font></td></tr><tr style="height:14pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$(234)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$(289)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$(115)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$(90)</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">64%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted EBITDA Margin</font></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(43)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(18)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,290 bps</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,642 bps</font></td></tr></table></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For FY23 we are adjusting our approach to forward guidance and reported operating metrics.  Given broader macroeconomic uncertainties and the pace and number of changes we're making to our business, we will be restricting our formal revenue, gross margin, adjusted EBITDA, and net subscriber addition guidance to the current quarter for at least the duration of FY23.  In terms of operating metrics, we will no longer report quarterly engagement metrics. We will continue to report Connected Fitness subscription churn. </font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our Q1 outlook reflects near-term demand weakness associated with our recent hardware price increases as well as typical seasonal demand softness. We expect an improving gross margin, primarily due to the price increases for Bike+ and Tread that were implemented in mid-August. </font></div><div style="text-align:justify"><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">Webcast</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We will host a Q&#38;A session at 8&#58;30am ET on Thursday, August 25th, 2022 to discuss our financial results. To participate in the live call by phone, please go to this link to register (phone registration link), and you will be provided with dial in details. To avoid delays, we encourage participants to register at a minimum 15 minutes before the start of the call. A live webcast of the call will be available at https&#58;&#47;&#47;investor.onepeloton.com&#47;investor-relations and will be archived on our site following the call. </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">Safe Harbor Statement </font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">This shareholder letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this shareholder letter other than statements of historical fact, including, without limitation, statements regarding our expected financial results for the first quarter and fiscal year of our fiscal 2023&#59; our execution and timing of and the expected benefits from our restructuring initiative and cost-saving measures&#59; our supply chain management initiatives&#59; details regarding and the timing of the launch of new products and services&#59; the prices of our products and services in the future&#59; our future operating results and financial position&#59; our profitability&#59; our business strategy and plans, market growth&#59; our objectives for future operations&#59; statements regarding our future performance and our market opportunity. The words &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;estimate,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;expect,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;target,&#8221; and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions.</font></div><div><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have based these forward-looking statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions and other important factors that could cause actual results to differ materially from those stated, including, without limitation&#58; our ability to achieve and maintain future profitability&#59; our ability to attract and maintain Subscribers&#59; our ability to accurately forecast consumer demand of our products and services and adequately maintain our inventory&#59; our ability to execute and achieve the expected benefits of our restructuring initiative and other cost-saving measures&#59; our ability to effectively manage our growth&#59; our ability to anticipate consumer preferences and successfully develop and offer new products and services in a timely manner, or effectively manage the introduction of new or enhanced products and services&#59; demand for our products and services and growth of the connected fitness products industry&#59; our reliance on a limited number of suppliers, contract manufacturers, and logistics </font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">partners for our connected fitness products&#59; our reliance on and lack of control over suppliers, contract manufacturers, and logistics partners&#59; our ability to predict our long-term performance and declines in our revenue growth as our business matures&#59; the effects of increased competition in our markets and our ability to compete effectively&#59; declines in sales of our Bike and Bike+&#59; our dependence on third-party licenses for use of music in our content&#59; actual or perceived defects in, or safety of, our products, including any impact of product recalls or legal or regulatory claims, proceedings or investigations involving our products&#59;  our ability to maintain, protect, and enhance our intellectual property&#59; our ability to stay in compliance with laws and regulations that currently apply or become applicable to our business both in the United States and internationally&#59; and those risks and uncertainties described in the sections titled &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; in Part I, Item 2 and &#8220;Risk Factors&#8221; in Part II, Item 1A of our Quarterly Reports on Form 10-Q for the quarterly periods ended December 31, 2021 and March 31, 2022, as such factors may be updated in our filings with the Securities and Exchange Commission, which are available on the Investor Relations page of our website at https&#58;&#47;&#47;investor.onepeloton.com&#47;investor-relations and on the SEC website at www.sec.gov.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">You should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Our forward-looking statements speak only as of the date of this shareholder letter, and we undertake no obligation to update any of these forward-looking statements for any reason after the date of this shareholder letter or to conform these statements to actual results or revised expectations, except as required by law.</font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:232%;text-decoration:underline">FINANCIAL TABLES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONSOLIDATED BALANCE SHEETS </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions, except share and per share amounts)</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:64.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.568%"></td><td style="width:0.1%"></td></tr><tr style="height:14pt"><td colspan="3" rowspan="2" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June 30,</font></td></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td></tr><tr style="height:14pt"><td colspan="3" style="padding:0 1pt 0 10pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">ASSETS</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current assets&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,253.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,134.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">472.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts receivable, net </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inventories, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,104.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">937.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Prepaid expenses and other current assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">192.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">202.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 52.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total current assets</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,634.6&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,818.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Property and equipment, net</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">593.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">591.9&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Intangible assets, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">247.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Goodwill</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">210.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restricted cash</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease right-of-use assets, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">690.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">580.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other assets</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 52.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total assets</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,039.4&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,485.6&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">LIABILITIES AND STOCKHOLDERS&#8217; EQUITY</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current liabilities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts payable and accrued expenses</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">797.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">989.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current portion of long term debt</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Customer deposits and deferred revenue</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">201.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">164.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities, current</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other current liabilities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total current liabilities</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,105.5&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,243.0&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0% Convertible senior notes, net</font></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 5.5pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">864.0</font></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 5.5pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">829.8</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term loan, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">690.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities, non-current</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">725.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">620.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other non-current liabilities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 10pt 0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total liabilities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,435.6&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,731.5&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commitments and contingencies (Note 13)</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 5.5pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stockholders&#8217; equity</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Common stock, $0.000025 par value&#59; 2,500,000,000 and 2,500,000,000 Class A shares authorized, 308,241,938 and 270,855,356 shares issued and outstanding as of June&#160;30, 2022 and June&#160;30, 2021, respectively&#59; 2,500,000,000 and 2,500,000,000 Class B shares authorized, 30,032,078 and 29,291,774 shares issued and outstanding as of June&#160;30, 2022 and June&#160;30, 2021, respectively.</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Additional paid-in capital</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,291.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,618.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated other comprehensive income</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accumulated deficit</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,699.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(883.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 52pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total stockholders&#8217; equity</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">603.8&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,754.1&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:middle"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total liabilities and stockholders&#8217; equity</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,039.4&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 5.5pt 0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,485.6&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions, except share and per share amounts)</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:43.483%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.236%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Three Months Ended June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal Year Ended June 30,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenue&#58;   </font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 7.75pt 0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 7.75pt 0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Products   </font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">295.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">655.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,187.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,149.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">383.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">281.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,394.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">872.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total revenue</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">678.7&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">936.9&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,582.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,021.8&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of revenue&#58;   </font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Connected Fitness Products   </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">585.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">578.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,433.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,236.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subscription   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">450.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">330.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cost of revenue</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">708.5&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">682.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,883.8&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,567.4&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross profit   </font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29.8)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">698.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,454.4&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating expenses&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sales and marketing</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">229.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,018.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">728.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">232.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">232.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">963.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">661.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Research and development   </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">93.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">359.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">247.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impairment expense </font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">379.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Restructuring expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Supplier settlements</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total operating expenses   </font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,172.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">556.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,421.5&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,642.2&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss from operations   </font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,201.9)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(301.5)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,723.2)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(187.8)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other expense, net&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(43.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Interest income</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign exchange losses</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(31.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other (expense) income, net </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 36.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other expense, net</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(30.3)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10.1)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(74.1)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10.4)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loss before provision for income taxes   </font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,232.3)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(311.6)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,797.2)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(198.2)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net loss</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,244.4)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(313.2)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,816.9)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(189.0)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net loss attributable to Class A and Class B common stockholders</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,244.4)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(313.2)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,816.9)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(189.0)</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net loss per share attributable to common stockholders, basic and diluted</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.68)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.05)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8.74)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.64)</font></td><td style="background-color:#ffffff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Weighted-average Class A and Class B common shares outstanding, basic and diluted</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337,799,792&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">298,759,705&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">322,368,818&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">293,892,643&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other comprehensive income (loss)&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net unrealized losses on marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.5)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in foreign currency translation adjustment</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivative adjustments&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net unrealized loss on hedging derivatives</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reclassification for derivative adjustments included in Net (loss) income</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total other comprehensive income (loss)</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.3&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.9)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Comprehensive loss</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,242.1)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(309.1)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,822.8)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(180.9)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">CONSOLIDATED STATEMENTS OF CASH FLOWS</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:133%">(in millions)</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:64.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.568%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fiscal Year Ended June 30,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash Flows from Operating Activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net loss</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,816.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(189.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjustments to reconcile net loss to net cash used in operating activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">63.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">328.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">194.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Non-cash operating lease expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">61.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of premium from marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of debt discount and issuance costs</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impairment expense </font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">379.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Excess and obsolete inventory reserve adjustments</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">224.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net foreign currency adjustments</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Changes in operating assets and liabilities&#58;</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts receivable</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.8)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inventories</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(398.6)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(625.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Prepaid expenses and other current assets</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32.5)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32.3)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other assets</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(19.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accounts payable and accrued expenses</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(168.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">439.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Customer deposits and deferred revenue</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(212.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Operating lease liabilities, net</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(73.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 43pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other liabilities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash used in operating activities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,037.7)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(239.7)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash Flows from Investing Activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchases of marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(449.1)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Maturities of marketable securities</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">211.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">665.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Sales of marketable securities</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">306.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital expenditures, including software</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(319.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(252.3)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Business combinations, net of cash acquired</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(478.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Asset acquisitions, net of cash acquired</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(78.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash provided by (used in) investing activities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">171.0&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(585.1)</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash Flows from Financing Activities&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from public offering, net of issuance costs</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,218.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from issuance of term loan, net of issuance costs</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">696.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from issuance of convertible notes, net of issuance costs</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">977.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchase of capped calls</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(81.3)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from employee stock purchase plan withholdings</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds from exercise of stock options</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">57.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Taxes withheld and paid on employee stock awards</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(53.9)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Principal repayments of finance leases</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.8)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash provided by financing activities</font></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,015.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">916.8&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effect of exchange rate changes</font></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(26.5)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in cash, cash equivalents, and restricted cash</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents, and restricted cash &#8212; Beginning of period</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,135.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,037.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents, and restricted cash &#8212; End of period</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,257.6&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,135.7&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Supplemental Disclosures of Cash Flow Information&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash paid for interest</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.3&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:64.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.566%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.568%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash paid for income taxes</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.2&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.5&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Supplemental Disclosures of Non-Cash Investing and Financing Information&#58;</font></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td><td colspan="3" style="display:none"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Accrued and unpaid capital expenditures, including software</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.7&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46.1&#160;</font></td><td style="background-color:#cceeff;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stock-based compensation capitalized for software development costs</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.4&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.1&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%;text-decoration:underline">NON-GAAP FINANCIAL MEASURES</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to our results determined in accordance with accounting principles generally accepted in the United States, or GAAP, we believe the following non-GAAP financial measures are useful in evaluating our operating performance. These non-GAAP financial measures have limitations as analytical tools in that they do not reflect all of the amounts associated with our results of operations as determined in accordance with GAAP. Because of these limitations, Adjusted EBITDA, Adjusted EBITDA Margin, Subscription Contribution, Subscription Contribution Margin, and Free Cash Flow should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. A reconciliation of the non-GAAP financial measures to such GAAP measures can be found below.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reconciliation of the Company&#8217;s Adjusted EBITDA and Adjusted EBITDA margin guidance to the most directly comparable GAAP financial measures cannot be provided without unreasonable efforts and is not provided herein because of the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations, including net income (loss) and adjustments that are made for other expense (income), net, income tax expense (benefit), depreciation and amortization expense, stock-based compensation expense, restructuring expense, goodwill impairment, impairment expense, supplier settlements, product recalls, litigation and settlement expenses, transaction and integration costs, and other adjustments reflected in our reconciliation of historical Adjusted EBITDA, the amounts of which could be material.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Adjusted EBITDA and Adjusted EBITDA Margin</font></div><div style="text-align:justify"><font style="background-color:#ffffff;color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We calculate Adjusted EBITDA as net (loss) income adjusted to exclude&#58; other expense (income), net&#59; income tax expense (benefit)&#59; depreciation and amortization expense&#59; stock-based compensation expense&#59; goodwill and long-lived asset impairment expense&#59; product recall costs&#59; litigation and settlement expenses&#59; transaction and integration costs&#59; reorganization, severance, exit, disposal and other costs associated with restructuring plans&#59; supplier settlements&#59; and other adjustment items that arise outside the ordinary course of our business. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenue.</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use Adjusted EBITDA and Adjusted EBITDA Margin as measures of operating performance and the operating leverage in our business. We believe that these non-GAAP financial measures are useful to investors for period-to-period comparisons of our business and in understanding and evaluating our operating results for the following reasons&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin are widely used by investors and securities analysts to measure a company&#8217;s operating performance without regard to items such as stock-based compensation expense, depreciation and amortization expense, other expense (income), net, and provision for income taxes that can vary substantially from company to company depending upon their financing, capital structures, and the method by which assets were acquired&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Our management uses Adjusted EBITDA and Adjusted EBITDA Margin in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin provide consistency and comparability with our past financial performance, facilitate period-to-period comparisons of our core operating results, and may also facilitate comparisons with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our use of Adjusted EBITDA and Adjusted EBITDA Margin have limitations as analytical tools, and you should not consider these measures in isolation or as substitutes for analysis of our financial results as reported under GAAP. Some of these limitations are, or may in the future be, as follows&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Although depreciation and amortization expense are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Adjusted EBITDA and Adjusted EBITDA Margin do not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin exclude stock-based compensation expense, which has recently been, and will continue to be for the foreseeable future, a significant recurring expense for our business and an important part of our compensation strategy&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect&#58; (1) changes in, or cash requirements for, our working capital needs&#59; (2) interest expense, or the cash requirements necessary to service interest or principal payments on our debt, which reduces cash available to us&#59; or (3) tax payments that may represent a reduction in cash available to us&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect certain litigation expenses, consisting of legal settlements and related fees for specific proceedings that we have determined arise outside of the ordinary course of business based on the following considerations which we assess regularly&#58; (1) the frequency of similar cases that have been brought to date, or are expected to be brought within two years&#59; (2) the complexity of the case&#59; (3) the nature of the remedy(ies) sought, including the size of any monetary damages sought&#59; (4) offensive versus defensive posture of us&#59; (5) the counterparty involved&#59; and (6) our overall litigation strategy&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect transaction and integration costs related to acquisitions&#59; </font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect incremental costs associated with the COVID-19 pandemic, which consist of hazard pay for field operations employees&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect impairment charges for goodwill and fixed assets, and gains (losses) on disposals for fixed assets&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect the impact of purchase accounting adjustments to inventory related to the Precor acquisition&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect costs associated with Tread and Tread+ product recalls including increases to the return reserves, Tread+ inventory write-downs, logistics costs associated with Member requests on Tread and Tread+, the cost to move the Tread+ for those that elect the option, subscription waiver costs of service, and recall-related hardware development and repair costs&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="background-color:#ffffff;color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.41pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect </font><font style="background-color:#ffffff;color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">reorganization, severance, exit, disposal and other costs associated with restructuring plans&#59;</font></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#050505;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Adjusted EBITDA and Adjusted EBITDA Margin do not reflect non-recurring supplier settlements&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">The expenses and other items that we exclude in our calculation of Adjusted EBITDA and Adjusted EBITDA Margin may differ from the expenses and other items, if any, that other companies may exclude from Adjusted EBITDA when they report their operating results and we may, in the future, exclude other significant, unusual expenses or other items from these financial measures. Because companies in our industry may calculate such measures differently than we do, their usefulness as comparative measures can be limited.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Because of these limitations, Adjusted EBITDA and Adjusted EBITDA Margin should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of Adjusted EBITDA to Net (loss) income, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.316%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.011%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.011%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.355%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.011%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.355%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.011%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.355%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.011%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.355%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.015%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended June 30,</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fiscal Year Ended June 30,</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">March 31, 2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2021</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="33" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(dollars in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net loss</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,244.4)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(313.2)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,816.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(189.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(757.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(376.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted to exclude the following&#58;</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other expense, net</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(9.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.4&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">142.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63.8&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">74.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">271.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">194.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72.3&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">52.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Goodwill impairment</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">181.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Impairment expense</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">337.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">379.7&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">32.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Restructuring expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">237.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">158.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Supplier settlements</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">337.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">337.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Product recalls</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">100.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">100.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21.4&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Litigation and settlement expenses</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(2)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">118.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">35.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36.2&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transaction and integration costs</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(3)</font></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.5&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">28.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other adjustment items </font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(4)</font></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8.6&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.9&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(288.7)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(45.1)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(982.7)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">253.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(194.0)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(233.7)</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Adjusted EBITDA margin</font></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(42.5)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(4.8)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(27.4)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.3&#160;</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(20.1)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(29.0)</font></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:133%">______________________</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(1) Represents adjustments and charges associated with the Tread and Tread+ product recall, as well as accrual adjustments. These include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $12.5 million and $48.9 million, recorded costs in Connected Fitness Products cost of revenue associated with inventory write-downs and logistic costs of $0.5 million and $8.1 million, and operating expenses of $0.4 million and $5.4 million associated with recall-related hardware development costs, in each case for the three months and fiscal year ended June&#160;30, 2022, respectively. For the three months and fiscal year ended June&#160;30, 2021, these include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $81.1 million, recorded costs in Connected Fitness Products cost of revenue associated with inventory write-downs, logistic costs, and repair costs of $15.7 million, and operating expenses of $3.2 million associated with subscription waivers and recall-related hardware development. For the three months ended March 31, 2022, these include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $17.5 million,  recorded costs in Connected Fitness Products cost of revenue associated with inventory write-downs and logistic costs of $2.0 million, and operating expenses of $2.0 million associated with recall-related hardware development costs. For the three months ended September 30, 2021, these include a reduction to Connected Fitness Products revenue for actual and estimated future returns of $11.4 million,  recorded costs in Connected Fitness Products cost of revenue associated with logistic costs of $0.5 million, and operating expenses of $1.0 million associated with recall-related hardware development costs.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(2) Includes litigation-related expenses for certain non-recurring patent infringement litigation, consumer arbitration, and product recalls for the three months and fiscal years ended June&#160;30, 2022 and 2021, as well as the three months ended March 31, 2022 and September 30, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(3) Includes transaction and integration costs primarily associated with the acquisition and integration of Precor Fitness for the three months and fiscal years ended June 30, 2022 and 2021, as well as the three months ended March 31, 2022 and September 30, 2021.</font></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:7pt;font-weight:400;line-height:120%">(4) Includes short-term non-cash purchase accounting adjustment amortization of $1.9 million for the fiscal year ended June&#160;30, 2022. Includes short-term purchase accounting adjustments of $4.6 million and restructuring costs of $4.0 million for the three months ended June 30, 2021. Includes incremental costs associated with COVID-19 of $5.9 million and short-term purchase accounting adjustments of $4.6 million for the fiscal year ended June 30, 2021. Includes short-term non-cash purchase accounting adjustment amortization of $1.9 million for the three months ended September 31, 2021.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Subscription Contribution and Subscription Contribution Margin</font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We define &#8220;Subscription Contribution&#8221; as Subscription revenue less cost of Subscription revenue, adjusted to exclude from cost of Subscription revenue, depreciation and amortization expense, and stock-based compensation expense. Subscription Contribution Margin is calculated by dividing Subscription Contribution by Subscription revenue.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We use Subscription Contribution and Subscription Contribution Margin to measure our ability to scale and leverage the costs of our Connected Fitness Subscriptions. We believe that these non-GAAP financial measures are useful to investors for period-to-period comparisons of our business and in understanding and evaluating our operating results because our management uses Subscription Contribution and Subscription Contribution Margin in conjunction with financial measures prepared in accordance with GAAP for planning purposes, including the preparation of our annual operating budget, as a measure of our core operating results and the effectiveness of our business strategy, and in evaluating our financial performance.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The use of Subscription Contribution and Subscription Contribution Margin as analytical tools has limitations, and you should not consider these in isolation or as substitutes for analysis of our financial results as reported under GAAP. Some of these limitations are as follows&#58;</font></div><div style="text-align:justify"><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:3pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Although depreciation and amortization expense are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Subscription Contribution and Subscription Contribution Margin do not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements&#59; and</font></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8226;</font><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.64pt">Subscription Contribution and Subscription Contribution Margin exclude stock-based compensation expense, which has recently been, and will continue to be for the foreseeable future, a significant recurring expense for our business and an important part of our compensation strategy.</font></div><div style="text-align:justify"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Because of these limitations, Subscription Contribution and Subscription Contribution Margin should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div style="text-align:justify"><font><br></font></div><div style="margin-bottom:12pt;text-align:justify"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of Subscription Contribution to Subscription Gross Profit, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.455%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.237%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fiscal Year Ended June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td></tr><tr><td colspan="3" style="padding:0 1pt"><div><font><br></font></div></td><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(dollars in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subscription Revenue</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">383.1&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">281.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,394.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">872.2&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">369.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Less&#58; Cost of Subscription</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">122.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">103.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">450.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330.5&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">117.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subscription Gross Profit</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">260.3&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">178.1&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">944.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">541.7&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">252.1&#160;</font></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subscription Gross Margin</font></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67.9&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">63.3&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67.7&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62.1&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">68.1&#160;</font></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Add back&#58;</font></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Depreciation and amortization expense</font></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5.1&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19.0&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.8&#160;</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Stock-based compensation expense</font></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7.6&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.0&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22.7&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25.9&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6.3&#160;</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subscription Contribution</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">276.1&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">195.2&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">994.2&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">586.5&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">265.2&#160;</font></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Subscription Contribution Margin</font></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">72.1&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69.3&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71.3&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">67.2&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">71.7&#160;</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td></tr></table></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:700;line-height:174%">Free Cash Flow</font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We define Free Cash Flow as Net cash provided by (used in) operating activities less capital expenditures and internal-use software development costs. Free cash flow reflects an additional way of viewing our liquidity that, we believe, when viewed with our GAAP results, provides management, investors and other users of our financial information with a more complete understanding of factors and trends affecting our cash flows.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The use of Free Cash Flow as an analytical tool has limitations due to the fact that it does not represent the residual cash flow available for discretionary expenditures. For example, Free Cash Flow does not incorporate payments made for purchases of marketable securities, business combinations and asset acquisitions. Because of these limitations, Free Cash Flow should be considered along with other operating and financial performance measures presented in accordance with GAAP.</font></div><div><font><br></font></div><div style="margin-bottom:12pt"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents a reconciliation of Free Cash Flow to Net cash provided by (used in) operating activities, the most directly comparable financial measure prepared in accordance with GAAP, for each of the periods indicated&#58;</font></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:29.594%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.233%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.355%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.237%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fiscal Year Ended June 30,</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Three Months Ended March 31,</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="27" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(in millions)</font></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net cash used in operating activities</font></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(359.9)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(599.0)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,037.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(239.7)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(670.1)</font></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Capital expenditures, including software</font></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(52.0)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(79.4)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(319.7)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(252.2)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(76.6)</font></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Free Cash Flow</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(411.9)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(678.4)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,357.4)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(491.9)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Roboto',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(746.7)</font></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>pton-20220825.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:2c058f25-5a02-479c-9494-046bead4f7a6,g:2c2bf491-7ad3-4cfc-bbbc-06c30114f9ef-->
<xs:schema xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:pton="http://www.onepeloton.com/20220825" attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.onepeloton.com/20220825">
  <xs:import namespace="http://www.w3.org/1999/xlink" schemaLocation="http://www.xbrl.org/2003/xlink-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>
  <xs:import namespace="http://xbrl.sec.gov/dei/2022" schemaLocation="https://xbrl.sec.gov/dei/2022/dei-2022.xsd"/>
  <xs:annotation>
    <xs:appinfo>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220825_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220825_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple"/>
      <link:linkbaseRef xmlns:xlink="http://www.w3.org/1999/xlink" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="pton-20220825_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple"/>
      <link:roleType id="CoverPage" roleURI="http://www.onepeloton.com/role/CoverPage">
        <link:definition>0001001 - Document - Cover Page</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xs:appinfo>
  </xs:annotation>
</xs:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>4
<FILENAME>pton-20220825_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:2c058f25-5a02-479c-9494-046bead4f7a6,g:2c2bf491-7ad3-4cfc-bbbc-06c30114f9ef-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member"/>
  <link:roleRef roleURI="http://www.onepeloton.com/role/CoverPage" xlink:type="simple" xlink:href="pton-20220825.xsd#CoverPage"/>
  <link:definitionLink xlink:role="http://www.onepeloton.com/role/CoverPage" xlink:type="extended" id="ic491289f48664e3ea8822aaf8be4b012_CoverPage">
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationLineItems"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_74f7851b-0aa2-49f5-9bda-a3fdafaf43fc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_DocumentType_74f7851b-0aa2-49f5-9bda-a3fdafaf43fc" xlink:type="arc" order="0"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_adc14155-0fd1-4547-87b6-e56c3cb526ad" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_DocumentPeriodEndDate_adc14155-0fd1-4547-87b6-e56c3cb526ad" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_e439f85f-d001-4931-aff1-3999f2a9f88b" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityRegistrantName_e439f85f-d001-4931-aff1-3999f2a9f88b" xlink:type="arc" order="2"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_04cee4af-be24-4522-a8ae-54dbf310ad91" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityIncorporationStateCountryCode_04cee4af-be24-4522-a8ae-54dbf310ad91" xlink:type="arc" order="3"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_c633dd39-a9d7-4984-bde7-72980fc2b50f" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityFileNumber_c633dd39-a9d7-4984-bde7-72980fc2b50f" xlink:type="arc" order="4"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_be400d15-8638-44aa-ad26-6d83a728be91" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityTaxIdentificationNumber_be400d15-8638-44aa-ad26-6d83a728be91" xlink:type="arc" order="5"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_a564b3e8-8f56-4baf-bb4d-2d7cd1a9c2c9" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressAddressLine1_a564b3e8-8f56-4baf-bb4d-2d7cd1a9c2c9" xlink:type="arc" order="6"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_1017a22a-3883-4173-8c38-4fda808d157c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressCityOrTown_1017a22a-3883-4173-8c38-4fda808d157c" xlink:type="arc" order="7"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_571f8c44-45f3-433a-9985-2080e2e16dd4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressStateOrProvince_571f8c44-45f3-433a-9985-2080e2e16dd4" xlink:type="arc" order="8"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_2555e71f-696c-4693-8d5e-3c3e0adae447" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressPostalZipCode_2555e71f-696c-4693-8d5e-3c3e0adae447" xlink:type="arc" order="9"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_5f806dca-fb3e-4cc2-8351-aaf1da8525e4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_CityAreaCode_5f806dca-fb3e-4cc2-8351-aaf1da8525e4" xlink:type="arc" order="10"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_626155c0-90dd-4166-ab72-e6c4352f8473" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_LocalPhoneNumber_626155c0-90dd-4166-ab72-e6c4352f8473" xlink:type="arc" order="11"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_d5b9cf3b-597b-4885-b074-e06b4e596b86" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_WrittenCommunications_d5b9cf3b-597b-4885-b074-e06b4e596b86" xlink:type="arc" order="12"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_9b264281-a2ea-4b19-a61c-6674c3839675" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_SolicitingMaterial_9b264281-a2ea-4b19-a61c-6674c3839675" xlink:type="arc" order="13"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_baea5717-502f-4870-a794-942c475eaef3" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_PreCommencementTenderOffer_baea5717-502f-4870-a794-942c475eaef3" xlink:type="arc" order="14"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_ed4dd35a-e150-4788-9855-d950f5a9d9fc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_ed4dd35a-e150-4788-9855-d950f5a9d9fc" xlink:type="arc" order="15"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_1083728e-0196-4b24-b160-60803b8676f1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_Security12bTitle_1083728e-0196-4b24-b160-60803b8676f1" xlink:type="arc" order="16"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_3d1f44f0-f80c-48f4-a716-f93c0c861ad8" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_TradingSymbol_3d1f44f0-f80c-48f4-a716-f93c0c861ad8" xlink:type="arc" order="17"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_98c51f77-f280-4dd4-be9f-b35714f08224" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_SecurityExchangeName_98c51f77-f280-4dd4-be9f-b35714f08224" xlink:type="arc" order="18"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_14965525-fa91-40f4-9606-d3a18657e433" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityEmergingGrowthCompany_14965525-fa91-40f4-9606-d3a18657e433" xlink:type="arc" order="19"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_958209e6-3bf8-4013-8fa9-66c72384bb4d" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityCentralIndexKey_958209e6-3bf8-4013-8fa9-66c72384bb4d" xlink:type="arc" order="20"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_a8fe60b7-518c-4582-91e7-c4c4038bf28c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_AmendmentFlag_a8fe60b7-518c-4582-91e7-c4c4038bf28c" xlink:type="arc" order="21"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationTable"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:type="arc" order="1" xbrldt:closed="true" xbrldt:contextElement="segment"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:to="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_efe001fe-93fb-4065-9ff1-e9e212016e0e_default" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AddressTypeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:to="loc_dei_AddressTypeDomain_efe001fe-93fb-4065-9ff1-e9e212016e0e_default" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AddressTypeDomain"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:to="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:type="arc" order="1"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember_13d23e81-5b05-40d5-a5a0-061ea7407cfe" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_FormerAddressMember"/>
    <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:to="loc_dei_FormerAddressMember_13d23e81-5b05-40d5-a5a0-061ea7407cfe" xlink:type="arc" order="0"/>
  </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>pton-20220825_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:2c058f25-5a02-479c-9494-046bead4f7a6,g:2c2bf491-7ad3-4cfc-bbbc-06c30114f9ef-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_EntityCentralIndexKey_daafd50b-e058-4424-b830-a3a9930ea959_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_f874807d-11c4-4b80-bb29-be7f57c721a7_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_066be2b6-f8c5-4d77-bab4-16eb2aa80920_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_1b0fe886-c39d-450a-bd36-32b33e33c150_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SolicitingMaterial_f7a9824a-d07b-4271-abf6-bf229b3c64f7_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_label_en-US" xlink:label="lab_dei_SolicitingMaterial" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_1bfef11a-7ba3-4c38-88b5-4cb100851880_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_bd7f1ce9-e26b-41a2-a198-999da8b223f3_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AddressTypeDomain_c1b352df-df89-46a5-9abd-f607eb53572e_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AddressTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_19c03333-fcde-45ba-aee2-fb6bf903311f_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationLineItems_82b83111-32a0-4009-8348-7566f49de446_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_45f8664d-6b0a-461f-a07a-0d2a8c20977d_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_d2f0e57e-d1d6-4eb6-988b-fbf8e9780e07_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_fd2d2d74-7780-4989-bb7d-621edb7487f7_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_8d895f9e-786b-44a1-88e7-ff825df5fa20_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_8dc58c71-1f72-4378-b6f3-d4d46d4dbb7c_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_66d3c65e-15dc-4418-82cb-edac63b4531e_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_afbf3476-60e5-4e07-be0c-00b60a5b2302_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_fb5585c3-7a40-418b-bbed-d21ebcb4c124_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_11fd95d1-241a-498d-bb42-8f40758a713a_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_FormerAddressMember_46d49501-244b-4927-8f5e-3bd67e05e0f0_terseLabel_en-US" xlink:label="lab_dei_FormerAddressMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Former Address</link:label>
    <link:label id="lab_dei_FormerAddressMember_label_en-US" xlink:label="lab_dei_FormerAddressMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Former Address [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_FormerAddressMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_FormerAddressMember" xlink:to="lab_dei_FormerAddressMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_52c53cb8-a060-4fb6-afc8-501048ee6cc8_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_WrittenCommunications_63656c52-6fc5-44c2-8058-6486ca6f8fce_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_label_en-US" xlink:label="lab_dei_WrittenCommunications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_035a7787-6f96-408c-8aa0-6121a26a9356_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationTable_7887e2f4-348f-48f2-ab8d-96074cd76b2b_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_label_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_5ab11f90-c941-47cf-9b6e-205ea8b098cd_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_b9b712e7-ef5a-4338-ba8b-191505ef940f_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_PreCommencementTenderOffer_f9102ff9-fc66-4b5b-8fcb-575d24ba0136_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>pton-20220825_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with Wdesk from Workiva-->
<!--Copyright 2022 Workiva-->
<!--r:2c058f25-5a02-479c-9494-046bead4f7a6,g:2c2bf491-7ad3-4cfc-bbbc-06c30114f9ef-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.onepeloton.com/role/CoverPage" xlink:type="simple" xlink:href="pton-20220825.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://www.onepeloton.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_eca72b07-1b0d-47bd-a837-bb1ff4870d67" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_eca72b07-1b0d-47bd-a837-bb1ff4870d67" xlink:to="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:to="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AddressTypeDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityAddressesAddressTypeAxis_efe001fe-93fb-4065-9ff1-e9e212016e0e" xlink:to="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_FormerAddressMember_13d23e81-5b05-40d5-a5a0-061ea7407cfe" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_FormerAddressMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_AddressTypeDomain_6af91348-c787-47bf-a742-8b8643573df7" xlink:to="loc_dei_FormerAddressMember_13d23e81-5b05-40d5-a5a0-061ea7407cfe" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentInformationLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_ff3ff55a-34cb-45b8-b6d0-7774689d0182" xlink:to="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_74f7851b-0aa2-49f5-9bda-a3fdafaf43fc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_DocumentType_74f7851b-0aa2-49f5-9bda-a3fdafaf43fc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_adc14155-0fd1-4547-87b6-e56c3cb526ad" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_DocumentPeriodEndDate_adc14155-0fd1-4547-87b6-e56c3cb526ad" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_e439f85f-d001-4931-aff1-3999f2a9f88b" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityRegistrantName_e439f85f-d001-4931-aff1-3999f2a9f88b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_04cee4af-be24-4522-a8ae-54dbf310ad91" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityIncorporationStateCountryCode_04cee4af-be24-4522-a8ae-54dbf310ad91" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_c633dd39-a9d7-4984-bde7-72980fc2b50f" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityFileNumber_c633dd39-a9d7-4984-bde7-72980fc2b50f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_be400d15-8638-44aa-ad26-6d83a728be91" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityTaxIdentificationNumber_be400d15-8638-44aa-ad26-6d83a728be91" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_a564b3e8-8f56-4baf-bb4d-2d7cd1a9c2c9" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressAddressLine1_a564b3e8-8f56-4baf-bb4d-2d7cd1a9c2c9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_1017a22a-3883-4173-8c38-4fda808d157c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressCityOrTown_1017a22a-3883-4173-8c38-4fda808d157c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_571f8c44-45f3-433a-9985-2080e2e16dd4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressStateOrProvince_571f8c44-45f3-433a-9985-2080e2e16dd4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_2555e71f-696c-4693-8d5e-3c3e0adae447" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityAddressPostalZipCode_2555e71f-696c-4693-8d5e-3c3e0adae447" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_5f806dca-fb3e-4cc2-8351-aaf1da8525e4" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_CityAreaCode_5f806dca-fb3e-4cc2-8351-aaf1da8525e4" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_626155c0-90dd-4166-ab72-e6c4352f8473" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_LocalPhoneNumber_626155c0-90dd-4166-ab72-e6c4352f8473" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_d5b9cf3b-597b-4885-b074-e06b4e596b86" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_WrittenCommunications_d5b9cf3b-597b-4885-b074-e06b4e596b86" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_9b264281-a2ea-4b19-a61c-6674c3839675" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_SolicitingMaterial_9b264281-a2ea-4b19-a61c-6674c3839675" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_baea5717-502f-4870-a794-942c475eaef3" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_PreCommencementTenderOffer_baea5717-502f-4870-a794-942c475eaef3" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_ed4dd35a-e150-4788-9855-d950f5a9d9fc" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_ed4dd35a-e150-4788-9855-d950f5a9d9fc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_1083728e-0196-4b24-b160-60803b8676f1" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_Security12bTitle_1083728e-0196-4b24-b160-60803b8676f1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_3d1f44f0-f80c-48f4-a716-f93c0c861ad8" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_TradingSymbol_3d1f44f0-f80c-48f4-a716-f93c0c861ad8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_98c51f77-f280-4dd4-be9f-b35714f08224" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_SecurityExchangeName_98c51f77-f280-4dd4-be9f-b35714f08224" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_14965525-fa91-40f4-9606-d3a18657e433" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityEmergingGrowthCompany_14965525-fa91-40f4-9606-d3a18657e433" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_958209e6-3bf8-4013-8fa9-66c72384bb4d" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_EntityCentralIndexKey_958209e6-3bf8-4013-8fa9-66c72384bb4d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_a8fe60b7-518c-4582-91e7-c4c4038bf28c" xlink:href="https://xbrl.sec.gov/dei/2022/dei-2022.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_f682a2cf-9e40-4cb6-8dff-f1c63188a524" xlink:to="loc_dei_AmendmentFlag_a8fe60b7-518c-4582-91e7-c4c4038bf28c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>screenshot2022-05x09192059.jpg
<TEXT>
begin 644 screenshot2022-05x09192059.jpg
MB5!.1PT*&@H    -24A$4@  !TD   ,K" 8    LG*J3     7-21T( KLX<
MZ0    1G04U!  "QCPO\804    )<$A9<P  #L,   [# <=OJ&0  )W8241!
M5'A>[-T%N)35WC?@_U'!0!$[,$'L!&S!%A,[,,%"Q>[N5L1""5L$5#"P6PPP
ML!,%L<7$(V(>/=]^QN7[J<< =LPS\]SW=>UKK]\:WO?,;&?/WGM^SUKK7_^M
M$0         %,47Z#        % (2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
M % H2E(       "@4)2D        0*$H20$      (!"49("        A:(D
M!0        I%20H        4BI(4        *!0E*0       % H2E(
M  "@4)2D        0*$H20$      (!"49("        A:(D!0        I%
M20H        4BI(4        *!0E*0       % H2E(       "@4)2D
M    0*$H20$      (!"49("        A:(D!0        I%20H        4
MBI(4        *!0E*0       % H2E(       "@4)2D        0*$H20$
M     (!"49("        A:(D!0        I%20H        4BI(4
M*!0E*0       % H2E(       "@4)2D        0*$H20$      (!"49("
M        A:(D!0        I%20H        4BI(4        *!0E*0
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MN3;./*NRRUX      ,I/20I0Q?8_\* 8,.#ZE*K#!1=>%)?VJH[2%P    "
M\E"2 E2IJZZ^)FZ\<7!*U>7D4TZ-_@,&I@0      )/F7_^MD<8 5(D77WPI
MMMZV4WSUU5=IICI==>7ET6&]=5,"     (")8R4I0!4ZX\RSJ[X@S?2R[2X
M     )-!20I09<XYMWL\/'1H2M7MB2>?C+Z779$2      !,'-OM E21^Q]X
M,';:N7-*Q3#WW'/';;?>5/H,       3PTI2@"KQ_???Q]EGGYM2<7SXX8?1
MJ[=M=P$     F'A*4H J<6FO/O'2RR^G5"S9EKO9UKL      # QE*0 5>#-
M4:,*OYJR5R^K20$     F#A*4H JD!6$__[WOU,JIGONO:^P*VD!     )@T
M2E* "O?@@P]%_P$#4RJV.^^\*XT      ."O*4D!*ES1M]G]K3N4I
M3 0E*4 %N^KJ:^+1QQY/B3??'*4H!0    #@'RE) 2K4YY]_;A7IG[#E+@
M    _T1)"E"A+KFT=[SSSKLI\:ML)>F[[[Z7$@      _"\E*4 %>O;9YZPB
M_0O??_]]//_\\RD!     ,#_4I("5*!+>_>)GW_^.27^:,S;;Z<1      #\
M+R4I0(6YY=8A<?OM=Z3$GQDS1DD*     ,!?4Y("5!C;[/ZS,6/&I!$
M /PO)2E !;GHXI[QP@LOIL1?L9(4     ("_HR0%J!#OOOMN].IE%>G$^/2S
MSV+<EU^F!       OZ<D!:@0%UU\27PQ;EQ*_!.K20$     ^"M*4H *\/#0
MH='ONOXI,3&^^^Z[- (     @-]3D@)4 -OL @    ! W5&2 N3<M==>%T,?
M>30E      "@MI2D #GVW???QZ6]K2(%     ("ZI"0%R+'NW7O$F#%C4@(
M     .J"DA0@IUY[[?7H914I      #4.24I0$Y=<.%%\9___"<E      "@
MKBA) 7+HCCOOBEN'W)82DV.1119.(P      ^#TE*4 .];SDTC1B<BS4LF7,
M,O/,*0$     P.\I20%R)BM(GWON^928',LOWS:-      #@?RE) 7+DBR^^
MB%Z]^Z3$Y%INN673"       _I>2%"!'SCZG>WSVV><I,;F66G+)- (
M@/_UK__62&, RFC$B&=BDTTW3XG)-?/,,\4+SST34TTU59H!     (#?LY(4
M("?.._^"-*(V6K=NK2 %     .!O*4D!<N"&&P?%0P\]G!*UL=666Z01
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M:BLK2!>8?_Z4      #@GRE) 1K8J:>?'I]\\DE*U,;22R\5>^_5-24
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MBRVV:"R^V&*ESZ6/11>+N>::,]U:?_;:NUO<.N2VE*B-;(O=VVZ].24
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MLNUX-]QP@]AXHXUBGGF:Q_$GGA1]^UZ>;J4VYIUWGACVV",QU513I1D
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MMUI</[!_2@      4!Y*4IA(5U]S;9Q_P44Q=NS8- -,J@?NOR<67VRQE
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MEEAB\;C_WKM3 @    " _%&24O5^_OGG4CEZV>57I!F@/MUZ\^!8887E4P(
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M1==H_TLYVKAQXW1+<?SXXX^EPO31QQ\O?7[II9?3+32THX\Z(O;;U[G$
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MV/#8;OL=K<:K!W///?<OJT8WWS266'SQ-$M]Z=]_0%PW8& \^^QS:8:Z=L/
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MSMIKEU;6M5MMU31#7MUSS[UQ7?^!<=_]]Z<9)E?+EBUCT T#8LXYYTPS
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M++YX7'O-57'X88>D&:I-FS:M8^" ?G'$X8?&%%-X^9U4=]U]3PR\_H:4
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ME(EB%>G_EZT@76;II5."_#CFZ*-BDXTW2@EGD\+DN[CG);'--IWBZ1$CT@P
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M$U^-'Y]F@:*YX\Z[2N7<33??DF8HEV>>>3:VV;937-JK=YHA;VZ^Y=;215Y
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MWZ41 'EP^^UWQ)=??IE2/NRW7[=2\<?$6VFE%>/PPPY)*1\^_?2S&#+D]I2
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MMK+5HT.J\,JCUUY[/0X\Z)#XZJNOT@P3JTWKXFQC_>&'2E*J3WY6DN9CVU^
M(GLV1V_&;[GE%M%DNNE2HBYE7]?LZYL73S_MK#3X,]]^^VT\^=33*977;+/-
MIB2M1]G7-OL:Y\'3(YZ)"=]\DQ+5YK CCHQ++NV5$C QE*0%]$&5;2>Y5]<]
MTXC:>GS8\#CCS+-3JC[#A@^/ PXZ)"4F5K8M3'8V:1%\9"4I52@O*X:FM9(4
MH.Q&C'@VC<HK*_&VLHJT7F5?W[R4T%:2PI_+5O=/F# AI?+*4XE7C?)40G_S
MS3?QY!-/ID0U.N74T^.LL\])"?@G2M("^K"*2M(MMM@\-EB_0TK41G8%XYEG
MGA4___QSFJE.=]]]3UQXT<4I,;&6+,B6N[;;I1I]GI?M=IU)"E!6/_SP0SSV
M^.,IE5=6X.5E.]AJE7U]\U)$9UL[?O_]]RD!O\K3ZGZK2.M?GK[&3SSY5!I1
MK<Z_X*(XYKCC4P+^CI*T8#[]]-/X\<<?4ZIL4T\]=1Q\X/XI45O9"M(1S^3C
MRO+Z=N%%/>/EEU])B8E1E"UW;;=+-<K/2E+;[0*44[9B*2]%U5IKKIE&U*<U
M5E\]C<KK^^]_B">>M&H)_BC;S2L/5F_?OK2#%/4K^QJOMMJJ*967%?[%<,45
M5\7^!QR4$O!7E*0%4TU;[7;=<X]HV;)E2M3&+;<.B;Z779Y2]<NVL[&:=-*T
M;5N,DO3SSS\OK;* :I&=-Y,',\\\<TPUU50I 5 .>5DU,NNLL^;F3>)JM]9:
M:T;3IDU3*J\GGK!J"7[KIY]^BL<?'Y92>:V^>KLTHKZU6S4G)>G3(^(_-<]!
MJM^-@P9'EUUW3PGX,TK2@OGP@^HH25NV:!%''7EX2M1&MG*NFL\A_2NWW7Y'
M#+S^AI3X)VW;M$FCZF<U*=4DV]XN#UJU6BB- "B7QW.RU6Y6D$Z7D[,RJUWC
MQHUCE5563JF\K"2%W\M6\OWG/_])J;RRE:0TC+Q<))25]$\XE[0P[K[GWMAR
MZVU3 OY(25HP'U3)F_]=N^Z11M16[SY]X]UWWTVI6++5I)]\\DE*_)T99I@A
M9IIIII2JFW-)J28C<K*25$D*4'Z/Y63%4EY6T13%.FNOE4;EY<UX^+W''LO'
M:_*""RY@J]T&U+KU<K'HHHND5%Y>E^O&(@LOG$;Y-FS8\%AO_0U3 GY+25HP
M'U;!=KOMV[>+G7;<(25J(]M>HT_?RU(JGC%CWBZ=3\K$F7WVV=.HNGU41=N2
M0UZVVVVU4*LT J <1H]^*XW*SU:[#6N#]3ND4?GEZ7D(Y?;66_GX?G!&=,/+
MR\_!O#P'*]TGGWX:4TQ1&17+2R^]'"NO:GMM^",E:<%40TFZ_W[[IA&UU:M/
MWS0JKD&#;RJ=0\D_FZ,@):F5I%2+9YYY-CZM^8,M#ZPD!2BOT3EY(W2%Y9>/
M^>:;-R4:0G8N>'9<31[DY7D(>9"7BP;:M&F=1C24O!QGY,*5NC%NW+AX\(%[
M4\J_M]]^)Y99KFU*0.9?_ZV1QA3 IIMO&4\]]71*E6?[3MM%]W.+=WYF?;CY
MEEMCGV[[I51LY_?H'MMNLW5*_)7]#SBH=.![M>N\R\YQQNFGID2Y;;G5MC%L
M^/"4RN.C#RIS2_*##SDL!@R\/J7R>OJIX3%/\^8I5::YFL^71N6QRLKY.%.N
MG 8/RL?SN=R\+C(Y+NW5.TX^Y;24RJ=;M[WCV*./2HF&DOW=E_W]5V[''W=,
M[+U7UY28',.&/U'S<V";E,HC^YW$S^3:6ZC5HC'AFV]2*I_''GTX-Q=2%,78
ML6-CN38KI%0^3::;+D:]^7I*U>/<[CVB^WD]4FH8-]XP(/[]Y;]C]SWW2C/Y
M-_WTT\?(UUZN]U6PY?CO\2M_LS"QE*0%L]8ZZ\5KKU7F#\ 9FS:-QQ\;&K/,
M,DN:87+]^../L4G'S>.%%U],,\6V\48;1M\^O5+BKYQZVAG1\Y)+4ZI>'=9;
M-ZZZ\O*4*#=EP.3)SI?9?,M\7/S1K-F,\=HK+Z54N<I=DA:=-V3_/Z^+3(Y#
M#SLBKNL_(*7RN?JJ*V*]===)B8;2JW>?..GD\E\$N,/VG>+<<\Y*B<FA)*T.
M'XT=&ZUS4))-WZ1)O/G&:RG1D-;ML$&\_/(K*97/L\\\%7/-.6=*U:$<I=PE
M%U\8FV^^69Q_P85QUMGGIMG\RPK25U]^(6:<<<8T4_>4I%0"V^T6S/CQX].H
M\G3MNJ>"M([T[M-70?H;]S_P0'S@',I_5)3M=K.M4J#277G5U6E4?JNW;Y]&
M )1+?K;;M;U;.2R]]-)I5%ZVVX5?Y&6;T[R\-A31\FWS\?/0EKMUXY-//RM]
M/O" _6.+S3<KC2O!SS__'(LNOE2\]_[[::;N-6K4*(T@OY2D!3-^_-=I5%D6
M7WRQ..C _5.B-MY^^^WHU=M9I+_UW7??Q_WW/Y 2?V7V.8I1DG[[W7=I!)7I
M@0<>C"&WW9Y2^;5OWRZ- "B7/+P)NN222T2S9LU2HB$MO?12:51>WHR'7[R5
MFY(T'Z\-1=2NW6II5%YY>2Y6ND\__32-?CG2:ZDEETRI,JRPXBKQZJOULZI\
MZJD;IQ'DEY*T8"IU)6FW??9.(VHK*T@___SSE/C5_0\\F$;\E:*L)/U.24H%
M&_G&&W'*J:>GE ]MVK1.(P#*X:NOOOK=FW?E,M]\MBTOEVQ+S;GF*O]VBMGS
M,'L^0M&-?FMT&I770@NU3",:V@+SSY]&Y967YV*E^^WO6=G*R?//[Q[33#--
MFJD,:Z_;(9Y\\JF4ZD[CQDI2\D])6B!?3YA06D9?:=9;;]V*VJH@SQY[_/&X
M^IIK4^*WLI6DGWWVR_88_+G9E:20:UE!VK7K/J7/>=%JH85BD8473@F <LC+
MZKW99YLMC2B'!1=8,(W*RVI2R,_WP8(+YN-UH8AFGST?/Q.])M>-3_YP,=KB
MBRU66E%::3;;8JNXKXYWVINZ\=1I!/FE)"V0\5]5YBK2PP\[)(VHK=ZVV?U;
MK[T^,HWX,W,49+O=[[Y5DE)Y\EB09I9W]AQ V7W^Q1=I5%Y%N> NKQ9<<($T
M*J^O*G1W*ZA+7^7D_;D%%\C'ZT(1S3+++#'EE%.F5#Z??YZ/WQ$JW:>?_.^.
M'9MVW"0..?B@E"K'SKMTB9MNOB6EVFMLNUTJ@)*T0"IQJ]U=NW2.)19?/"5J
MX_KK;[2E[#]X_?77TX@_TZ1)DUS\$E_?G$E*I7GHX:&Y+$@S>3EK!Z#(\O)W
M8%Y6S1157DK2'[[_/HV@N+[_H?S?!]E6H'G8AKO(\O!SL5*/9<N;/ZXD_=6A
MAQP4VVRS54J5H]N^^\?55]?-3H2VVZ42*$D+I-)^\&57&I]\T@DI41L3)DR(
M7GWZI,1?>>TU)>D_R<Y6J':VVZ627'A1S]A^AYUR69 VGWONZ+#>NBD!4"[Y
M*4FM)"VGO*P8^_Z'']((BNN'[\O_?9"7"R>*;/;9RO]ST>K^NO%W9[]?T..\
M6'GEE5*J'$<>?4Q<=/$E*4V^J96D5  E:8%\\^TW:509]NJZ1R%6K36$7KW[
MQNNVDOU'OD;_K''CZB])__.?_Y0^(,_>>>?=V&//O>*,,\]*,_G3H<-Z,>VT
MTZ8$0+GDI21MUJQ9&E$.L^6DI/[>2E+(Q4K2/!1T19>'GXM6DM:=+_[F>(-K
MK[XRYIFG>4J5X_0SSHQSN_=(:?(TGMJ9I.2?DK1 \G"EVL1JW7JYV'NOKBE1
M&R-'OA&]^SB+=&*\9KO=?]2H43&N +.:E+QZY-''XH@CCXZ--ND8M]]Q9YK-
M)ZM( ?(A+V^ -IENNC2B'/+R]?_!2E*([W/P_ER3)EZ3RRT/_PVR]SY^_/''
ME*B-ORM)L^.K^O>KF^UK&UKW\WK4JBBUDI1*H"0MD$K:UJ82#[;.JZP@=678
MQ,E^.7SSS5$I\6>*L)(TXUQ2\N255U^-2WOUB8T[;A;;;K=]7'-MO_C\\[_^
M RP/EEQRB6C?OEU* )137K;2F\X;\F65EZ^_E:2072Q0_N^#Z5RX4G9Y^6_@
M/<.Z\?G?E*295JT6BH']^Z5466I3E,XXXXQI!/FE)"V02EE)VK'CQK'6FFND
M1&T\^.!#,6#@]2DQ,<9]^64:\6<*LY+T6R4I#>N[[[^/]S_X()Y_X86XZ>9;
MXKCC3XPMM]HVEEARF5AGW?7CY%-.C6>>>3;]Z_SKL-YZ:01 N8W_RDI2K"2%
M/+&2E$Q>_ALH2>O&%U^,2Z._MOKJ[>.\<\])J;),;E$Z\\PSIQ'DEY*T0/)P
MYL$_F6***>+XXXY-B=KJ99O=23;M--.D$7^F<:-BK"2UW2Z_E965]?'1<=,M
M8I55V\?"BRP>"[9H%<NOL')LL.$FT6W?_>.RRZ^(8<.'QQ?C_OD/K;R9=]YY
MHDOGG5,"H-SR\N;G=$V:I!'ED)>OOY6DD)>5I%Z3RRTO_PWRLN-$I?N[[79_
MJU.G;2MV!\7)*4J5I%0")6F!5,(5FWMUW3.:SSUW2M1&MAWCHX\^EA(3:QHE
MZ=]J5)#M=I6D_%965M;'Q],C1L28M]^.\5]_G?Z7JD/G77:.66:9)24 RFW\
M^'S\G+&2M+SR\O7/PPHZ*+<\?!_8;K?\\K/=;G7]/5HN$UN29@X]Y*#"%*73
M3#.UE>ODGI*T0/*^W>Y\\\T7QQU[=$K41O:#N7=OJT@GAY+T[S4NR':[SB2%
MR;/(P@M'YUUV20F /)AAANG3J+PF?/--&E$.>?GZ3SUU,?Z>@+^3A^^#;[PF
MEUU>_AODY?>$2O?YYQ-?DF8JO2CMT_>RE/Z9U:3DG9*T0/*^W>Z!!^R71M16
M[SY]XZTQ8U)B4DPSK9+T[Q1E)2DP>3IWWCFFFV[:E #(@QEFF"&-RNN;"1/2
MB'+(R]=_ZJFG3B,HKL:-R_]]\,TW7I/++2__#9KFY/>$2C<I*TE_5<E%Z0DG
MGAS//?]\2G]/24K>*4D+),_;[:ZRRLK1:;MM4Z(V7GKIY>AE%>ED<R;IWRO*
M2E+/ YATJZVV:FFK70#R98:F^7CSTTK2\LK+U[]Q8RM)(0\K22=,\)I<;GGY
M;Y"7BZDJW>24I)E*+DHWW*AC?/311RG]-24I>:<D+9 IIYPRC?+GF*./3"-J
MJU?O/A5Q_FQ>V6[W[XW[<EP:53<KBF'29.?I''7$X2D!D"=Y62'RC3?DRRHO
M7W\K22$O*TF])I=;?K;;59+6A7__^]]I-.DJN2C=?,NMXZ>??DKIS\VB)"7G
ME*0%DM<?>MMLO56T7FZYE*B-N^Z^)VZZ^9:4F%3-YYX[IIIJJI3X,U]^^64:
M53<K26'29 5IZ]9^E@/D45[^#K22M+RL)(7\L)*43![^&V0+!1HU<JQ271C_
M]==I-'DJM2A]YYUWX\"##TWISUE)2MXI20LDCR5IMO+D]--/38G:ZFV;W5I9
M?OFV:<1?&3>N&"6I%<4P\3;;;-/8??==4P(@;_+R=V!1+K;+JT\_^22-RLM*
M4JCY/LC!2M)//LW':T*1Y>'GHE6D=>?K\;4K23-945J)NRT.&C0XSCSKG)3^
MUZRSS))&D$]*T@+)XT'<^^V[3S29;KJ4J(W++KLBGGSJJ928'$K2O_?==]^5
M/HI@FFFG32/@[RPP__RVV07(N;R\ ?I)3DJZHAKS]MMI5%Y36TD*T3@'*TG'
MC,G':T*1Y:&HSN-[Q96JMBM)?[5OMWWBK#-/3ZER7'#A17'EE5>G]'MSSCE'
M&D$^*4D+)&]7!RV\<*LX\(#]4Z(VQHX=&[WZ6$5:6TLOM50:\6>*LHHT8[M=
MF#C''7=,S#??O"D!D$?Y*4D_32/*(2^%2&,K22$7*TFS"Z _^FAL2I1#'GXN
M6DE:=[ZNHY(TL_-..\:EEUR<4N4X^MCCXLZ[[D[I_YMSSCG3"/))25H@>?O!
M=Z25)W6F5^^^\<$''Z3$Y)AVVFECJ:663(D_4Y0MTK+S.*:<<LJ4@+^2G9>R
MX0;KIP1 7LV2DW.@K"0MK[R4I%8M0<WW0=-\?!_D985Y$7W^^>?QTT\_I50^
ML\SBK,BZ\O///\>$"1-2JKW--NT8U_6[)J7*<=SQ)\;(D6^D](M99YTUC2"?
ME*0%,D-.?@G+K+76FK'!^AU2HC9&C'@F>EM%6FMM6B_G?)Q_,*X@)>FTTUI%
M"O]DZZVV+)V7 D#^M6S9(HW*ZY-/K20MIS%OCTFC\LK+\Q'**2_?!V/&Y.-U
MH8CRLKN"U^2Z59>K23-KK;E&W#;DYI0JPX<??E@J2G]KIIF:I1'DDY*T0/*T
MDO24DW__8LGD4Y#6C267M(KTGWPY;EP:5;=IIG$>*?R=-59O'Q=>T",E /*N
M:=.F,=MLLZ54/N^^^VX:T="^GC A%]MJ9L_#[/D(1=>R1<LT*J]1HT:G$0WM
M[7?>2:/RRLMSL5J,'U^W)6FF;9LV,?3A!U*J#(\^]E@<=?2Q*64EZ4S1I$F3
ME"!_E*0%DI=M;3KOLG.T6'#!E*B-6V\=$K??<6=*U,:&&VZ01OR5HJPDG<9Y
MI/"7#CQ@OQC0OU]* %2*/*P4>?GE5PIS?$/>O/CB2VE47E8LP2]:Y.1[(2^O
M#47TZ*./I5%YY>6Y6"WJ>B7IKQ9NU2J>?_;IE"K#55=?$Y==?D5IG.W<-^><
M<Y3&D$=*T@+)SMB;==994BJ/F6>>.<XX_=24J(W__.>GZ&45:9W(SM1;OFV;
ME/@K17E3RW:[\.?./O.,..+PPU("H)*T;)&/-T&?>GI$&M&07GSQQ30JK[P\
M#Z'<\G+!0%Y>&XKHZ1'Y^'GHXI6Z]<VWWZ91W9MCCCEBY&NOI%09LFUWGWCR
MR=)XSCGF+'V&//K7?VND,07088.-RGJE6%:09BM)J;V>EUP:IYYV1DK4QN67
M]2D5I?R];*N,[$JP:K?,,DO'W7?>GA+EMN56V\:PX<-3HEPNNO#\V&K++5(J
MIKF:SY=&Y;'*RBO'(04_!W:5E5=*HV++P^OB1Q_8-K727-JK=YQ\RFDIE4^W
M;GO'L4<?E1(-99]N^\7-M]R:4OD<?]PQL?=>75-B<@P;_D3-SX%M4BJ/['>2
MP8.N3XG)M5"K16/"-]^D5#Z//?JP"Q@:V-BQ8V.Y-BND5#Y-IILN1KWY>DK5
MX]SN/:+[>>4Y'F;PH!OJ_6^6'W_\,19?<IEZ6[5:U[(B_IZ[[HC#CC@J;K[Y
MEC3;,/S-PL12DA;,KKOM$7?=?4]*#6OII9<JO2A2>^^\\VYLTG&S^/2SS](,
MDRM;03KDULHZ!+U<-M]RZWCBB5^N *MF*ZVX0MQ\TZ"4*#<E:7FU;KU<''7$
MX;'::JNFF>+*0TGJ#4DR2E(FQ[WWW1^[=-XUI?)98?GEX]9;!J=$0UFMW1HQ
M^JVW4BJ?JZ^Z(M9;=YV4F!Q*TNK18?V-XL67RK_=[24]+XK--]LT)1K"K4-N
MB[WV[I92^2R]U%)QS]W5]SYMM9>DOVJS_$KQX8<?II1O'=9;-YK/TSRNN.*J
M--,P_,W"Q++=;L',/??<:=3P3CSAN#2BMGKWZ:,@K2-;;;EE&O%/1HY\(XVJ
M6_/FS=,(BFWWW7>-&Z\?H" %J +YV6[WZ7CWW?=2HB%\\<47N2A(,U:KP?^7
MEVU.GWGFV32BH8QXYIDT*B];[5:V9YY^(A9==-&4\NV>>^^+F9K-E!+DCY*T
M8,I5DF9;F:Z\DBW2ZL+CPX;'E5=5_Y:G#6&!^>>/+;<J]O:1$^OC3SZ)<>/&
MI53=6K18,(V@F.:;;]ZXM.=%<<I))\9TTTV79@&H9'EZ(_2QQQY/(QI"N7:2
M^C/>D(?_KT5.+AIX\*&'THB&DI>?@WEY#C+Y'GK@WEAQA>53RK=RK>Z%B:$D
M+9CF92I)SSG[K#2BMGKWZ9M&U-:66VY1.H.!?S9RY,@TJGX++J@DI;BR<\-O
M&G1C;&;++8"JL]JJJZ11>3WZN)*T(=W_P(-I5%XKK;1B&@&9U5;+QVORF#%O
MQZNOOI82]>W99Y^+UU_/Q_LK7I>KPRTW#XYUUUD[)6!R*$D+9N[F<Z51PSGP
M@/UBYIDMJ:\+-]PX*.Z[[_Z4J(VUUEPC#CWDH)3X)R-?+\96NYD62E(*:.6:
M/Y"ON_;J../T4Z-Y\_)MS0] _5EUU7QLGYZMH/GFFV]2HC[]\,,/,6Q8/LYV
M7VE%;\;#;RW?MFU,-=54*977T$<>22/J6UY6D4XYY91*TBIRS=57QI9;;)X2
M,*F4I 73T"M)L^U]CSC\L)2HC>R-A-Z]K2*M"\V:-8NCCCPB)2;&ZU:20E6:
M:\XYX[ACCXF;!M\8:ZVU9IH%H!JMM.(*:51>GWWVF2UW&\B##SX47WWU54KE
MM=)*^7C^05YD)=6J.5GA/W3HHVE$?<O+;@K++]\VIJIY#E(]+K[H@NC2>9>4
M@$FA)"V8ACZ3]+ACCTXC:BO;9O?5UVR!4A>..O+P6'+))5)B8HP<68R5I+/.
M.FLT;3I#2E"]LO-GCCGZR+CWWKMBG[V[IED JEGKULO%U%-/G5)Y.0.O83P\
M=&@:E=?44S>VDA3^Q*JKK)Q&Y96M)+7E;OW+OL9YN4@H6\E,]3G]M%/B@/WW
M2PF86$K2 FK1HF%62:VPPO*QV:8=4Z(VWGCSS>AE%6F=V':;K6/GG79,B8E5
ME)6D+19<((V@.F47B)QVZLEQWSUWQK[=]HE99YDEW0) M6O<N'&LEI,M=P<-
MNBG>?N>=E*@/V=<W^SKG0=NV;7-3T$.>M%YNN30JOT&#\_%Z4<WR]#7.R^X2
MU+TCCS@LCC_VF)2 B:$D+:"&.F_OS--/2R-J*]MF-R_;)%6R5JU:E5:1,FG>
M?__]F#!A0DK5S5:[5*,%%UP@=MNU2US7[^JX[YZ[8M<NG6.ZZ:9+MP)0)&W;
MMDZC\IKPS3>Y*?"J5?;US;[.>6#%$ORY;(5_DR9-4BJOK,#[]--/4Z*N95_;
MO)2DV=^"*SJ/M*KMO7?7./><LU("_HF2M("R+?;JVW;;;1N++;9H2M3&0P\_
M'/T'#$R)R3755%.5"M(YYI@CS3"Q7GKYE32J?@VUTA[JVR*++/Q_Q>BPQQZ)
M4T\Y*=9:TYFC $67IU5+@P?GI\2K-MG7-?OZYL7RR[=)(^"WIIUVVEAQA>53
M*J\\E7C5*$\E]/)MVT03%\U6O1VV[Q1]>E^:$O!WE*0%5-\E0+:-4W=7J]29
M;!4IM3/;K+.6BH(-UN^09I@4CP\;ED;5STI2*E5V%?KNN^\:E_:\*)X<_G@\
M_.#]BE$ _D?V\V+FF6=.J;RR[6 '6TU:+[*O:UZV,\Z>;U:2PE];SI:[A9"G
MKVVV!3K%L,G&&\7  ?U2 OZ*DK2 ZGN[W:./.B*FF,)3JRY<V^^Z&/K(HRDQ
M.5JU6BBNO>:J:-^N79IA4CW^>'%*TH;:CAPFUVRSS1:KMV\?>^_5-2ZZ\/QX
MX+Y[XJ,/WHT[;KLU3CGIQ-ALLTUCOOGF3?\: 'YO^NFGCPX=UDNI_*[IUR]^
M_/''E*@+V=<S^[KF1?9\FV&&&5("_FC]'+TFO_KJ:W'E55>G1%W)OJ;9US8O
M\O2<H_YE[Q\,N<4%$/!W_O7?&FE,07SPP0?1=H654ZI;V2K5QQ\=FA*U,>[+
M+V.3CIO%Z-%OI1DFU0K+MXT+SC\O%EA@@33#I/KHH['1NFUQ#O1_:]3(TI9'
MY,>66VT;PX8/3ZD\5EFY?GYF_IVF,S:->>>9)^:=M^:C]'G>TKAITZ;I7]#0
MYFH^7QJ51_8\'#SH^I0HLCR\+F879U"Y[KWO_MBE\ZXIE=]))QX?>^ZQ>TK4
M5I^^E\4))YZ<4OE=?=45L=ZZZZ1$;0T;_D3-SX%M4BH/OY/4O>VVWS&&#GTD
MI?):N%6KN/..(;DY*[7239@P(3;<J&.\\>:;:::\5E^]?0SL7]TK"\_MWB.Z
MG]<CI88U>- --:^1*Z64+R^]]'*LM_Z&*16#OUF86$K2@EJ@1:OX_OOO4ZH[
M ZZ[-M988_64J(TSSSHG+KCPHI285.NNLW:<WZ-[;K83JU2WWCHD]MIGWY2J
MVYQSSAG//?-42N2%,H"\4)*2%UX7J0OMUU@[WLS)&[;9!8UWW3$DFC5KEF:8
M7%]^^65LL%''>/OMM]-,>;5JU2H>>?B!E*@+2M+J=-75U\111Q^;4OD=>_11
MT:W;WBE1&SU[7AJGGGY&2N5WQNFG1N===DZI.BE)_]J;HT9%^]772JGZ^9N%
MB65/U(*JCRTEUUQS#05I'7GYY5>B=Y\^*3&ILBO1K[B\KX*T#F1_A!>%K78!
M@*+(TU9[6:%WY577I$1M9%_'O!2D&5LZPL3)OE?RM'+SRJNOCD\__30E)E?V
M-<R^EGF1/<>\+A=;JX46BJ>?'!;_^M>_T@R049(6U&*++9I&=:?[.6>G$;75
MNT_?^.Z[NE_I6^V66V[9N/;J*TM;=DTUU51IEMIX?%AQSB-MTZ9U&@$ 5+>\
MO4G:M^]E,?*--U)B<KSXTDMQ::_>*>6#-^-AXF2[&N7I^^6##SZ,"RZZ."4F
M5_::G'TM\R)[CF7/-8IMGGGFB1>??R9FG''&- ,H20MJF6663J.ZL==>>\9<
M<_E!6Q?NON?>&#0X_P=JMVZ]7!KEP_[[=8N;!MT8ZZRS=IJAMEX?.;)09^(J
M20& HLA^EU]YI?QL!S?NRR_CHHMZIL3D./N<[C%^_/B4RB][?N7M;T;(L[Q=
M5'#YY5?&D-MN3XE)]=ACC\>EO?*U0YP+5_C5K+/.&B.>>B+FG7?>- /%IB0M
MJ&6762:-:J]ITZ9QPG'Y.3NATF6K2/.N7;O5XH[;;HU+>EY4.ONSG+(_OF^X
M?D <=>01,<TT4Z=9ZL)33SZ=1L6PW+)U][H( )!W>7NS=/!--Y<^F'077G1Q
M//# @RGE@S?C8=)TJ/F>F7_^\IZ!_T=GGW-NC!T[-B4F1?:ZG"?9<RM[CL&O
MII^^20Q__)%88HDET@P4EY*TH.IR)>G))YZ01M36Y5=<&4\\\61*^;5KEUU*
MGS??;-.XYNHK2R7EMMMN$XT;-R[-U[?F<\\=N^R\4VEKW9L&WQ#M5ELUW4)=
M>O*II]*H^BVPP/PQ^^RSIP0 4/TVWGBC:-:L64KYD*TFS5:5,O&ROQ^S5:1Y
M,MMLLT;'CANG!$R,1HT:Q99;;)Y2/F0[2^7M]:429"M('WWL\93R8;--.Y:>
M8_!;4TXY9=Q_[UVQRLKYV5T$RD%)6E!33SUU++9H[<\E77SQQ6+;;;=.B=KX
M^../HW?O_*\BW7:;K6/]#AU2^D564IY_WKEQWSUWE;:]77211=(M=6>6668I
M_6_W[=,K'GMT:)QYQFFVUJUG3SY5G)6D;=JT22, @&*8>^ZY8NNMMDPI'[)S
M24\\\>24^"=9H7S*J:?%3S_]E&;R8?M.VSGW#B9#]KTS\TPSI90/ P9>7[J@
MGXGSS+//EE;@YLG4C1O'5CG[>4^^#!YT@QT@*#0E:8$MLVSM5Y-V/^?L-**V
M>O7I&^^]_WY*^33CC$VC2UI%^F<67KA5:=O;AQZ\+YYZ8ECTOK1G[-5UCUAI
MQ15CFFFF2?_JGTTQQ12QV&*+QF:;;1I'''Y87'EYWWC\T8?C_![=8^.--K2M
M;@.X[?8[XH,//DBI^K5Q7A( 4$!;;;5%&N7'#3<.BE-//R,E_LYQQYT0SS[W
M?$KYD!W'DQ4]P*1KWKQY=-H^?]\_Q]:\UCSXT$,I\5=^^.&'..SP(^.[[[Y+
M,_F0%:0+M6R9$ORY*Z^X++;9>JN4H%B4I 56VW-)-]]\TUC6&7YU(KO2K!)6
MD7;IW#F667KBRO5YYYTG.G;<)$XX_KBX^:8;8\SH-^+>N^^, ?VO+96>E_:\
M*,[K?DZ<?MHI<?QQQ\3AAQT2%YQ_7MQS]QVE?_O@_?>6_LV!!^P7ZZ_?(6:<
M<<;T_YF&<-MMMZ=1,2RUY))I! !0'$LOM53-WW6;I90?/7M>&O?<>V]*_)ES
MN_?(Y1FN64$ZWWSY.E<1*DGV/=2D29.4\B,K2L>,>3LE_LS>W?:+UUY[/:7\
MR-NN$>17]K[L[KOMFA(4AY*TP&I[+JE5I'4G*TC_^]__II1/BRZZR/^=13JY
MEEIJR5AC]=5+I6>V2K33=MM&E\Z[Q-Y[=8V##CR@=,52]D9-0YUMRI_+MCG+
M5I(61?9\RYZ;  !%M/66^5M-FNG<9?<TXH^R<K3[>3U2RH]L]R"K2*%V6BRX
M8"Z_C[*"-"M*^7.GGG9&W'GG72GE1[:%ZHHKKI 2_+-33CXQ#C[HP)2@&)2D
M!5:;E:1''G%X3#OMM"E1&T-NN[TB"JE=.W>.V6:;+26JV6VW%:<@S;1MTZ9T
M3C, 0!&MN>8:T;[=:BGERX(M%XX)$R:D1.:!!Q^*@PX^-*5\R8J=5JT62@F8
M7-GW4J-&C5+*CVS+W?WV5Y[\T8DGG1P]+[DTI7QQ%BF3X[!##XZ33C@^):A^
M2M*"6[U]^S2:>+///GL<L/^^*5$;/__\<_3NW2>E_,K>.-EIIQU2HMK=7J!5
MI)FEEUXJC0  BBFO;Z)FY[JMUGZ-^/B33]),L3WYU%.Q[WX'Q(\__IAF\F.*
M*::PBA3J2+:35UZ_GP8-OBF./.KHE#CZF..B=Y_+4LJ7MFW;Q$8;;I 23)H]
M]]P]SC[+&?$4@Y*TX%9?O5T:3;RSSSP]C:BM7KW[QK///9]2?NW:N7;;[%(Y
MLE7-V7:[16*K70"@Z++SRE9>::64\F7LV(]CN^UVB+?>&I-FBNF55UZ-;OON
M'U]^^66:R9<NG7>.)998/"6@MG;<8?N8;KKI4LJ7JZ_I%Z><ZKW!4T\_(ZZ\
MZNJ4\B=[#D%M[+3C#G'A!?G;WA_JFI*TX%999>4TFCC9O^_08;V4J(UWWWLO
M>O?IFU)^[;!]IUAGG;53HMK==MOM:50<2RVI) 4 ./B@ ](H?UX?.3)VW7W/
M>.CAH6FF6++'O4^W_>*##SY,,_DR_WSSQ;[=NJ4$U(4EEUPB]MMWGY3RYY)+
M>\5))Y\:/_WT4YHICNPQ9X^]9\]\;K&;V6K++6+;;;9."29?=B%=G][Y?:Y#
M75"2%MPR2R\]2>=,=C_G[#2BMGKW[AN?Y'S;J%EFF3FZ=+&*M"BR%:25<#YN
M79IOOGF=FP0 4&.UU5:-_7-\K,K(D2-C^QUVB@LOZIEFBB%[O-GC?N/--]-,
M_NR[[SXQYYQSI 34E?WV[19MVK1.*7]Z]>X3VW;:(9Y_X84T4_VRQYH]YNRQ
MY]4<<\R1ZPN?J#R;;+Q17'OUE2E!]5&2$JNWG[@M=[MTWB466&#^E*B-X<.?
MB"NNO"JE_.K2N7,LL;@MDXKBMMN*59!FVK3.[Q^<   -[> ##XC6K9=+*9_.
M./.LV&//O>*==]Y-,]4I>WS9X\P>;YYE.TW9TA'JQY133AG[=<OO:M+,XX\/
MBVVWVR&N[7==FJE>V6/,'FOVF/,L*T@77'#!E*!N9+L,WGC#@)2@NBA)B>67
M;YM&?VV**::(TT\[)25JJU<%;+.;;>VRQ^Z[ID01W%ZP5:29]A-YD0@ 0!%,
M/?74%;'ZY/8[[HQMMNT4@P??G&:J2_:XLL>7/<X\JX0"!RI=)5R(\-577\7A
M1QP5!Q]R6(P=.S;-5H_L,66/+7N,V6/-LVS%W\X[[9@2U*W55ETU;A]R2TI0
M/92DQ/)M_[DD/>.T4].(VKIQT."X]][[4LJO73OO$DV;-DV):G?-M?U*V^T6
M2:-&4T7[=JNE! ! 9NVUUHJ]NNZ94GZ]^]Y[L>_^!\011QX=GW_^19JM;-GC
MR!Y/]KBRQY=W>=\*%*I%I6QI/6#@];'5-MO%D-MN3S.5+WLLV6/*'EO>S313
MLSCXH -3@OJ1_=R__]Z[8ZJIIDHS4/F4I,1BBRT:"R_<*J7_U;)EB]AY9U<A
MU85OO_TV>E? *M)UUUTG.G7:+B6JW8\__AA77],OI>)HUZY=S#WWW"D! /"K
M;#7IDDLLD5*^91?[;;7-MG'7W?>DF<J4W?_L<62/IQ)D.P_MMZ]5I- 0YI]O
MOMBW6[>4\FWTZ+>BZU[[Q+''GQ ??52YJTJS^YX]ANRQ9(^I$AQ\X(&QZ**+
MI 3U9XDE%H^''[H_9IYYYC0#E4U)2LFJJZR<1O^K^SEGIQ&UE16DK[SR:DKY
ME:TBI3BR-V)>?37_S\NZ9A4I ,"?FV&&&>*XXXXN';M2"5Y_?63LNML>L=WV
M.\8MMPY)LY4AN[_9_<[N?_8X*D'VO#CNV*-CNNFF2S- ?=MMU\ZQ]=9;I91_
MEU]^9:S;88,X];0S8M3HT6DV_[+[FMWG[+YGCZ%29,^-W1V910-JV:)%W'?/
MG;'  @ND&:A<2E)*VK?[\W/Y-MQ@_5AQQ152HC9&C1H=O7KG?Q7I+COO%&NL
ML7I*5+ML=?,U!5Q%FOFKUST  '[Y7>F$XX]-J3(,'?I([+W/OK')IIO'=?T'
MQ(0)$](M^9+=K^S^9?<SN[_9_:XDV?/"[]+0\$ZL^=Y;:JDE4\J_SS__/'I>
M<FFLN]X&<=31Q\;SS[^0;LF?[+YE]S&[K]E]SNY[I<B>$]ES QI:MCO;';?=
M$DLOO52:@<JD)*5DY957BMEFFS6E_Z_[N5:1UI5>??K$O__][Y3R:8XY9G?E
M6<%DV^R^\>:;*15'VS9M2EN- P#PU_;<8_?HM-VV*56.$2.>B4,/.R)67W/M
M..'$D^.IIY].MY17=C^R^Y/=K^S^9?>STF3/A^QY 32\;&O+$XX_+AHU:I1F
M*L-WWWT75UU]36RPT2;1:8>=XKKK!L277WZ9;BV?[#YD]R6[3]E]R^YC=E\K
M2?9<R)X3MCVE7++GWLV#!T6[U59-,U!YE*24S#CCC/]S)>A!!QX0S9HU2XG:
M>'CH(Z5?O/*N2^?.L5#+EBE1[;[ZZJNXYMIK4RJ6]NUMM0L ,#&R58/++;ML
M2I7E@P\^C#Y]+XM--]LRMMIFN^C=Y[)XYIEGTZT-(UN=E-V'['\_NQ_9.+M?
ME2A['E3:ZF*H-MEQ697\??CPPT/CT,./B/9KK!U''W-<W#KDMA@[MN'.+ATW
M;ES<==?=I?_M[#YD]R6[3Y4J>R[\W1%JT!"FFV[:N'Y@_]AHPPW2#%26?_VW
M1AI3</W[#XQ##CN\-)Y^^B;QYLC72F-JK]/V.\7#0_/]2]>RRRX3M]X\.!HW
M;IQFJ'87][PD3CO]S)2*Y9:;!ME*O$)LN=6V,6SX\)3*XZ,/WDTCBFRNYO.E
M$97@D(,/BD,/.2BEZI*'UT7^VBHKKQR#!UV?4O5X\LFG2N=F5MH*F[\R]UQS
M19LVK4O'C&3%WX(++A#33#--NG7R91<ACA[]5CS[W'.EK]F33ST=GWSR2;JU
MLF5?GX']^_D=NLR&#7^BYN? -BF51[6^SE6:PPX_,OI=US^ERK?DDDO$\FW;
M1KMVJY5V?5I@_OG3+;7ST4=C8\S;;\>P8<-C>,WW3S7]#K7C#MO'.6<7\SV=
MOW-N]Q[1_;P>*36LP8-NJ'F-7"FE8CKXD,-BP,!\_(SP7@X32TG*_\G^F%M[
MW0[Q_???1^]+>T;'CIND6ZB-[*R9;"NEO+OP_/-*![U3#)]__D6LO^'&\?[[
M[Z>9XFC5:J%XY.$'4R+OE*3DA9*TLBA)*9=J+@^NOOK:./+H8U*J/G/--6<L
MN,""I<*T>?/FT:3)=#4?37[WD9TE^ON/;TJ_3V=_2X]^ZZWX[+//TO^WZG/F
MZ:?%+KOLE!+EHB3E5U]_/2$Z;;]CC'BF\K;MGAA33CEEM&S1(EJT;%'Z/--,
MS7YY+9XN>SW^Y?4Y\^MK\81O?GE='C?NRU(I.F;,F)J/MZOFXIX_RHX0&M"_
M7VF1"[^G)"V_8XX]/JZX\JJ4RL=[.4PL)2F_L_V..\=7__XJ;K_MEC1#;61G
MD&[<<?,8-6I4FLFG#398/ZZXK$]*%$&/\R^(L\_IGE*Q[+9KESCUE)-2(N^4
MI.2%DK2R*$DIEVHO#TX^Y;2XM%?OE"B* P_8/XXX_-"4*"<E*;_UXDLO1>?.
MN\5'#;A=+>77HL6"<5G?WK'8HHNF&7Y+29H/IYQZ>EQR::^4RL-[.4PL9Y+R
M.RNML$)T/_?LE*BM7KW[YKX@_=>__A5[[+9K2A1!=K7[-=?T2ZEXG$<* #!Y
MCC_NF-AJRRU2H@CVWJNK@A1R:NFEEHISSSDKIIIRRC1#M6O4J%'TO/A"!2FY
M=]RQ1\<A!Q^8$N2;DI3?R<X76621A5.B-EYY]=7HW:=O2OFU:Y?.L;*KG JE
MQ_D7QMB//TZI6.:88_9HWZY=2@  3*J++CP_5F_?/B6J69?.NY2*<2"_UEIK
MS;C@@O*LFJ/A#;IA8"R[S#(I0;X=>LC!<<S11Z8$^:4DY7>RDI2ZT;MWW_CV
MVV]3RJ?F<\\=>W7=,R6*X)9;AT3_ 0-3*IZL()UFFFE2 @!@<@P<T"\67WRQ
ME*A&:ZRQ>IQ^VBDI 7FVQ>:;Q3EGG9D2U>J&@?UCA1663PDJP[[=]HE33G;D
M%?FF)(5Z<.^]]\6-@P:GE%]=NNP2\\S3/"6JW>>??Q$]>ER04C&MM]ZZ:00
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MR^ 4Z93##XO_^9_MTD0YNOZ&&V/,V/WBO/,O2!L:8KOM/A8SCYF>)@
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MR2:;I"WOYL477XQ;;KDMKIPW+^Z[[_ZTI:7ML/WV<=FE%\<&&VR0-@
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M#\X\X^MQ\,0):0(     @-8EDM*NW?Z+.V+"Q$EI DK!R2>=&#.F'Y4F
M  !H?1W3'=JEZIHYZ0DH!4<>,4T@!0    "@S8FDM%L77G1QS)]_3YJ MC;^
MP /B"Z>=DB8      &@[/K=+N_3\\\_'B)%5\?22)6D#M*7AG]TGYM3,3A,
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M#1J8-@      P-N)I)2<T57CXM<//) FH*&VWKI?'#+IX)@XX:"T 0
M_A.1E))R[GGGQQ>^^.4T 0W1LV>/^CA:N#IW[IRV      # NQ%)*1E__>M?
M8_C(JEBZ=&G: .]EXXTKZ\/HI+KK@YMLDK8      ,#[Z9CNT.9F5\\12*$!
MUE]OO9@Z]?"XZ<;KX_CC9@FD      #02$Z24A(>_.UO8\3(JC0![^:@\0?6
MGQ[=9IN/I@T      -!8(BDEX? IT^*&&V]*$_!.5:-'U<?1'7;8/FT
M ("F$DEI<]=>>UU,._+H- %O-W2O(?5Q=/?==TL;      "@N412VM3?__[W
M&#YR="Q<N"AM@ TWW##&5(V.,6-&QXZ?^$3: @      Q2*2TJ9^]./9\;6O
M?R--D+>^??O$F*JJ^D#:LV>/M 4      (I-)*7-///,GV+$J-'QW',KT@;R
M5/B4;OW)T;IKG77625L      *"EB*2TF5-._4)<\),+TP1YZ=RY<_WG= LG
M1S^YR\YI"P      M :1E#9Q[[WWQ=A]]T\3Y&/++;=\\]3HF-&QQ>:;IRT
M     -":1%+:Q,1)D^/G/[\]3="^;;#!!K'7D#UCR)Z#8_B(X;'^>NNE-P
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MW_WWQYBQ^Z6)YKK]MENB?_]MT@0      $!+<9*4)JOVF=VB.?*(:0(I
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M-6O2AJ;HU:MGW'7'+Z)+E\YI P      0&MRDI0&6[CH88&T"$XX;I9 "@
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M-$C_;;9)3[R?G7?:*28?,BE-        E!J1E ;IW;MW>N+]3/6970
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MAJ8I3_W[;Q-3G2(%       H2R(I37+TD4=$QX[Y_O&9-N7PZ-*E<YH
M   H)R(I3;+]]H/BZ*..2%->/K/WL!@W;FR:        *#<=WJB3GJ%17GGE
ME1@Y>FPL7KPX;=J_[MV[QY577!I]^O1)&P       ,J-DZ0TV48;;93=:=*3
M3_J\0 H      %#F1%*:9>R8JA@U<D2:VK>)$PZ*_??;-TT       "4*Y&4
M9ILY<T9LOOEF:6J?!@SH7W^*%       @/(GDM)L6_?K%V=_]SM145&1-NW/
MR2>=V*[_]P$      .1$)*4H=MIQQ_C>V6>EJ7TY;M:Q,7B/W=,$      !
MN>OP1IWT#,WVLROGQC$S9Z6I_'WM]*_$H9,/21,       #M@4A*T<TY]_SX
MXI>^G*;R]<-SOA]CQU2E"0      @/;"YW8INL,/FUS_B=IR55E1$1==>(%
M"@      T$XY24J+N>/.N^*,,[\9CS[ZN[0I?9MOOGE\_^RSXA.?V"%M
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M%9$4        R(I("@       &1%) 4       "R(I("        61%) 0
M    @*R(I        $!61%(        @*R(I        D!61%        ,B*
M2 H       !D120%        LB*2 @       %D120$      ("LB*0
M  ! 5D12        ("LB*0       ) 5D10       #(BD@*        9$4D
M!0       +(BD@(       !9$4D!      " K(BD        0%9$4@
M " K(BD       "0%9$4        R(I("@       &1%) 4       "R(I("
M        61%) 0      @*R(I        $!61%(        @*R(I
MD!61%        ,B*2 H       !D120%        LB*2 @       %D120$
M     ("LB*0       ! 5D12        ("LB*0       ) 5D10       #(
MBD@*        9$4D!0       +(BD@(       !9$4D!      " K(BD
M    0%9$4@       " K(BD       "0%9$4        R(I("@       &1%
M) 4       "R(I("        61%) 0      @*R(I        $!61%(
M   @*R(I        D!61%        ,B*2 H       !D120%        LB*2
M @       %D120$      ("LB*0       ! 5D12        ("LB*0
M ) 5D10       #(BD@*        9$4D!0       +(BD@(       !9$4D!
M      " K(BD        0%9$4@       " K(BD       "0%9$4
MR(I("@       &1%) 4       "R(I("        61%) 0      @*R(I
M     $!61%(        @*R(I        D!61%        ,B*2 H       !D
M120%        LB*2 @       %D120$      ("LB*0       ! 5D12
M    ("LB*0       ) 5D10       #(BD@*        9$4D!0       +(B
MD@(       !9$4D!      " K(BD        0%9$4@       " K(BD
M  "0%9$4        R(I("@       &1%) 4       "R(I("        61%)
M 0      @*R(I        $!61%(        @*R(I        D!61%
M ,B*2 H       !D120%        LB*2 @       %D120$      ("LB*0
M      ! 5D12        ("LB*0       ) 5D10       #(BD@*
M9$4D!0       +(BD@(       !9$4D!      " K(BD        0%9$4@
M     " K(BD       "0%9$4        R(I("@       &1%) 4       "R
M(I("        61%) 0      @*R(I        $!61%(        @*R(I
M    D!61%        ,B*2 H       !D120%        LB*2 @       %D1
M20$      ("LB*0       ! 5D12        ("LB*0       ) 5D10
M  #(BD@*        9$4D!0       +(BD@(       !9$4D!      " K(BD
M        0%9$4@       " K(BD       "0%9$4        R(I("@
M &1%) 4       "R(I("        61%) 0      @*R(I        $!61%(
M       @*R(I        D!61%        ,B*2 H       !D).+_ %U,Q'Y6
/PS6Q     $E%3D2N0F""

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.22.2.2</span><table class="report" border="0" cellspacing="2" id="idm139899585310384">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover Page<br></strong></div></th>
<th class="th"><div>Aug. 25, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug. 25,  2022<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Peloton Interactive, Inc.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-39058<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">47-3533761<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">441 Ninth Avenue, Sixth Floor<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10001<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">671-9198<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Class A Common Stock, $0.000025 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">PTON<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001639825<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>pton-20220825_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xml:lang="en-US"
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2022"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="pton-20220825.xsd" xlink:type="simple"/>
    <context id="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001639825</identifier>
        </entity>
        <period>
            <startDate>2022-08-25</startDate>
            <endDate>2022-08-25</endDate>
        </period>
    </context>
    <dei:EntityCentralIndexKey
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF8xLTEtMS0xLTEwNzg1NA_f50947ab-b413-42a4-a9b4-5f3fedda24b2">0001639825</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF8yLTEtMS0xLTEwNzg1NA_0d4a5ae5-c4f4-4867-9d92-2b4989108158">false</dei:AmendmentFlag>
    <dei:EntityAddressAddressLine1
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF81LTEtMS0xLTEwNzg1NA_81496610-0b4d-44e7-a35f-6edd8b1f0ca1">441 Ninth Avenue, Sixth Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF82LTEtMS0xLTEwNzg1NA_049062ff-ab77-4a44-9473-4c185478691d">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF80L2ZyYWc6OGIyYTkxYzQ0NDgwNDU4ZGExNTI4Mzc1YmRlNWI1NTEvdGFibGU6NTNlODU3YmY1YzU4NDk1OWE1ZjFhYTQzYTg5NGVmNmQvdGFibGVyYW5nZTo1M2U4NTdiZjVjNTg0OTU5YTVmMWFhNDNhODk0ZWY2ZF83LTEtMS0xLTEwNzg1NA_751733af-94a9-4bcf-af8d-ff157a84d4c5">NY</dei:EntityAddressStateOrProvince>
    <dei:DocumentType
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc4_37d4f386-71ab-479b-855d-cf09c18272d4">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8zMzQ_6045555b-df8a-4665-b8d8-e7b5e05dabd0">2022-08-25</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgz_9bf06f77-45cf-425b-b3e0-33cdd0c5cc30">Peloton Interactive, Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTAtMS0xLTEwNzg1NA_6c4f886f-d1dc-4850-aa13-65bb15242656">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTEtMS0xLTEwNzg1NA_c9e27e42-54d8-432b-9dcf-3c2588f4f32f">001-39058</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18wLTItMS0xLTEwNzg1NA_9e6c392a-d3cb-4a9e-8f9b-03af7d8e1a53">47-3533761</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzU_81496610-0b4d-44e7-a35f-6edd8b1f0ca1">441 Ninth Avenue, Sixth Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzk_049062ff-ab77-4a44-9473-4c185478691d">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTAtMS0xLTEwNzg1NC90ZXh0cmVnaW9uOjZjOGI3ODQ0NzYyYjQ2NGZhODU3NGVhYzMxMGY1ZmRiXzEz_751733af-94a9-4bcf-af8d-ff157a84d4c5">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NTA1NDgxMzI5ODljNDdhNDgxOWJiZDg1YjQyNGI0MzMvdGFibGVyYW5nZTo1MDU0ODEzMjk4OWM0N2E0ODE5YmJkODViNDI0YjQzM18zLTItMS0xLTEwNzg1NA_028d02db-28fd-4d8c-984d-7a25f4317a44">10001</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODg0_0ed1ea62-35b1-41fb-b5b6-e977c7f0fd32">917</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc5_00fcd6c4-9f59-47a7-80c9-c66fe961eaac">671-9198</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODg1_91b585e3-8be2-4d14-afdb-5604d5664fd9">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc0_24bd240b-4b9f-4de5-b344-3bc2954a6a26">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgy_03518cd2-55b7-4b11-8975-d7fbe6e79444">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODc3_1aaa2880-b3bb-4da1-9e42-2df49ae97cb5">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTAtMS0xLTEwNzg1NA_f2a22550-fa94-4824-8173-38e761f2fb14">Class A Common Stock, $0.000025 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTEtMS0xLTEwNzg1NA_db669435-d767-4f5b-8291-1b35754a47de">PTON</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGFibGU6NjdhYWE5MTg2NTVkNGYyMmE3Y2U1ZjM5ZTFiMTAxMzcvdGFibGVyYW5nZTo2N2FhYTkxODY1NWQ0ZjIyYTdjZTVmMzllMWIxMDEzN18xLTItMS0xLTEwNzg1NA_c6788025-bd08-45cc-9d6b-f9ea1ab7b500">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="ica36fc2212044840b1f031d3128fd76b_D20220825-20220825"
      id="id3VybDovL2RvY3MudjEvZG9jOjc4NjVmODc5ZDRiMjQ3MjM5YmJmY2QxNjRlNTU1ODc4L3NlYzo3ODY1Zjg3OWQ0YjI0NzIzOWJiZmNkMTY0ZTU1NTg3OF8xL2ZyYWc6NjkzZWM2OGY2ZGMwNDdjZmEyNGEyYjBjY2ExMWYzYWUvdGV4dHJlZ2lvbjo2OTNlYzY4ZjZkYzA0N2NmYTI0YTJiMGNjYTExZjNhZV8xODgx_f03e8eb2-ff27-47ae-861c-391dfca7f4f9">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>10
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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M=]W3CHG&K=!X#;[Q3X?#KHG&J]!TZVDF)_VN:Z3I%FA"1N/K>A(5M>5 TR
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M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+
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MU4#E/]O4#6CV#30<D05>,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04
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MCMQC)8QQ8K3^-8+)#^Q^ %!+ P04    "  Q.!E5&445]3<!   G @  #P
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M%S?W1:[-XPFNWPQP>'3^ 5!+ P04    "  Q.!E599!YDAD!  #/ P  $P
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MKP   &1O8U!R;W!S+V-O<F4N>&UL4$L! A0#%     @ ,3@959E<G",0!@
MG"<  !,              ( !S0$  'AL+W1H96UE+W1H96UE,2YX;6Q02P$"
M% ,4    "  Q.!E5#U3N?6 $  "L$   &               @($."   >&PO
M=V]R:W-H965T<R]S:&5E=#$N>&UL4$L! A0#%     @ ,3@959^@&_"Q @
MX@P   T              ( !I P  'AL+W-T>6QE<RYX;6Q02P$"% ,4
M"  Q.!E5EXJ[',     3 @  "P              @ & #P  7W)E;',O+G)E
M;'-02P$"% ,4    "  Q.!E5&445]3<!   G @  #P              @ %I
M$   >&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ ,3@9520>FZ*M    ^ $
M !H              ( !S1$  'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QS
M4$L! A0#%     @ ,3@95660>9(9 0  SP,  !,              ( !LA(
J %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&      D "0 ^ @  _!,

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.22.2.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>22</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="pton-20220825.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001001 - Document - Cover Page</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.onepeloton.com/role/CoverPage</Role>
      <ShortName>Cover Page</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <Logs>
    <Log type="Warning">[ix-0514-Hidden-Fact-Eligible-For-Transform] WARN: 3 fact(s) appearing in ix:hidden were eligible for transformation: dei:EntityAddressAddressLine1, dei:EntityAddressCityOrTown, dei:EntityAddressStateOrProvince -  pton-20220825.htm 4</Log>
  </Logs>
  <InputFiles>
    <File doctype="8-K" original="pton-20220825.htm">pton-20220825.htm</File>
    <File>a4q2022shareholderletter.htm</File>
    <File>pton-20220825.xsd</File>
    <File>pton-20220825_def.xml</File>
    <File>pton-20220825_lab.xml</File>
    <File>pton-20220825_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="25">http://xbrl.sec.gov/dei/2022</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>16
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "pton-20220825.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "local": [
      "pton-20220825_def.xml"
     ]
    },
    "inline": {
     "local": [
      "pton-20220825.htm"
     ]
    },
    "labelLink": {
     "local": [
      "pton-20220825_lab.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "pton-20220825_pre.xml"
     ]
    },
    "schema": {
     "local": [
      "pton-20220825.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd",
      "https://xbrl.sec.gov/dei/2022/dei-2022.xsd"
     ]
    }
   },
   "elementCount": 28,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2022": 5,
    "total": 5
   },
   "keyCustom": 0,
   "keyStandard": 22,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "pton",
   "nsuri": "http://www.onepeloton.com/20220825",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "pton-20220825.htm",
      "contextRef": "ica36fc2212044840b1f031d3128fd76b_D20220825-20220825",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0001001 - Document - Cover Page",
     "role": "http://www.onepeloton.com/role/CoverPage",
     "shortName": "Cover Page",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "body",
       "html"
      ],
      "baseRef": "pton-20220825.htm",
      "contextRef": "ica36fc2212044840b1f031d3128fd76b_D20220825-20220825",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AddressTypeDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "An entity may have several addresses for different purposes and this domain represents all such types.",
        "label": "Address Type [Domain]",
        "terseLabel": "Address Type [Domain]"
       }
      }
     },
     "localname": "AddressTypeDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Document Information [Line Items]",
        "terseLabel": "Document Information [Line Items]"
       }
      }
     },
     "localname": "DocumentInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationTable": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.",
        "label": "Document Information [Table]",
        "terseLabel": "Document Information [Table]"
       }
      }
     },
     "localname": "DocumentInformationTable",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityAddressesAddressTypeAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.",
        "label": "Entity Addresses, Address Type [Axis]",
        "terseLabel": "Entity Addresses, Address Type [Axis]"
       }
      }
     },
     "localname": "EntityAddressesAddressTypeAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_FormerAddressMember": {
     "auth_ref": [
      "r6",
      "r7"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Former address for entity",
        "label": "Former Address [Member]",
        "terseLabel": "Former Address"
       }
      }
     },
     "localname": "FormerAddressMember",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2022",
     "presentation": [
      "http://www.onepeloton.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r6": {
   "Name": "Form 10-Q",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "308",
   "Subsection": "a"
  },
  "r7": {
   "Name": "Form 8-K",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "308"
  },
  "r8": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>17
<FILENAME>0001639825-22-000100-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001639825-22-000100-xbrl.zip
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M#NHQ,(,^C^$.3ZU1@+BX;,3] <[U[1^6;>!$4(@\L",X\AA&!,X!"6:YW-=
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M>-JAB%-,IWBBN(>*T3HP$,T0Q?@ 'M:)M8Q+%W<P4.VE\+$"R,ZEO+;)5.%
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MH43 WJ01C"PQP66*&,KW.,00BJM][I/FJ*K?VE9/RWS!>*:J\50MWLD)PO4
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M%[1LG#FC- J$2UQ%DYQX!?:]%^.^B$"8,A;S"1I,N!RLW0/R"*+A.62 T0F
MR667_1@,NK1LG&2I1N-$8@*> 881TO'<.R[,!202YLBF8>J[:-]I0M^\,4P>
MIF>V&7J>&*WO"-8/MA,>&^?V=!IY"?D86$/$NJT?\!M:RJK 9L^6-$#/ABX#
MJ,:_"FG&X4*X@$>S?#7X7% *#E1TO D2=(!>0> :B88\IWSH@&-:\DJE['PF
M.@7\BW7NWF"V)ZR[I6Q]+')0$4LR"1P#7NZ"87!%G !_+LRFG7/H!1M$X9C]
M9DL>H0,&M0('(J5B82B0(C]UT4D&("5#4-$QBI(3C@&MX&\74D0E8Y&D/H\3
M9EKP[" 9Q2\D*  1\,833OSMS^BZ(7 &S6TLD0IA#!['(7AYO(K,(4[GD_"!
M5 &[G$S0Z+FIDQCL.LCMK)QT$@$\0AG.GLP  3BI+QW]E*\^/PI]OQX.!AF>
MD6*;K;ZP5I"K$!0H0NUSTP@?@M=???S?Z]?U?-3?FCC0VS\L<U6:'I28J@C:
M/2X<+14@<[O[BKW)Z5*!Z:[7BU4.@GQS3]K:* 3V@4":3:/++D%FX1KV'@4&
MM.1+&'T%^!RSB5AG9(O )?/Y;C@%QRS^2B5BAD&4;OW+LG+(/9M@6)Q+.@@K
M&%QPXX4I@H* "#N$Y:<"/#GOAX2219T$#1 I^ &X)YU(58.ELCN 'IG<F3W0
MYN.5O'LB*<4@+,C+F+3*%RF?63R0PSC0>=-HFC_46.SCF.A%1X*[F>N!\$=$
MR(X"*H, %NZ&*]T(C%J0V8HEOZS<#MA9Z1Q=R2T*;N8N"$.;N63D_AA=#_E^
MZ1FSZ2I969(1L(A*'&*:" ^"$*,WDAFUCDNP8Y>.,W>9\<B;;$8$;[Z1.R[2
MJZ8FA9ZV+]#19N+HAU,R[;!\$#8IAP9[IP)/(BDATK[P/?A2C3,%[*P4#TQM
M.D36(:CU8@PN:SB_/X'J:_5CX(.13[D"UQ]1"'R?GJ$&E%F&@I-0BCV6[(D$
M!;"P\$QKIB//&14G"8\%$., FX9A-*O#>(B C"/6H/6VN^ ]*S#'>[1\,ED"
MR*M!&9CL7K>10QBR@\TYYE1&EW"@:?U H7\=[60=?ZO-@5!N =9I/PC*7._[
ME *0<E]4ZERX2-T3S!J0WE)()K7370 UN9 "9*X5=$!^D8F@4G@#$=D4D!%B
M$0 7"/IEEB6+" &43_"AXQ"BR\0; SI)$S<,(WD9J.T=[OT#UB: JVPD/+OP
M*#(M:M8Q\-T;@ (&2!^I[ 7'5$ \/N+JFPG^_<]_-#NO;M(Q1J@2Z+$Y]%<T
MRYRK@I-H%4Y0OR0BI=6#9R*^_AN^)X^SFMVHBLI]1(L00<392D9D6.-PD-1]
M#M([ O'-K,:OJ><*"; '7A0C[L^<;XSR.D3)'@Q$1+:3KD8D ]R_O*X+2C\"
M9A9WZ'TH#D@Q33CFS@A3(F!THX!\2( 9NB"\H]0#R"F(%0<I=48!D&$XHQ0I
MA0L4AMR%_AW>ED\!P3\-A+H<>0)4T"@@U=R7CM%'R%G. UN5IY$>1!H '&J=
M*'-9_#]3;H4@!_!B),>LAP$H4''@@O,6WT#I<=Q?O*^"%GP;D26:!C2%48@!
M#5!+3B]/MF><R/08#,(PXF/ >E\P!0N&*)# 85U-TKT;.NHOB_[;OW1Y 1@M
MC!U)<@(Q5:O*E(4,'^62I<.N#T(G17^.4CCEF#63E@^Y1XDR#$*1>H4L.9(H
MG,Q=/@ M3$B#Y9:[5>CR *!_X0EX_CB=8*"<I[BSI#;:P 2H1-95.*F4/PAA
M8Y5AAGDEX1C67I#XJ0H3CMF:K6?<:_ <=Z3-N,N S(- ?^PE4HM"3%>"$'J2
M>)3 !$0(U@.D'"Y4V2EI*;C+)Y1?!]<]\L%GPM5 06!_"/[X73A$(^&#MKE#
M(?,W8$@\1\90N2$B?(LC(5]N,S7/#&VVX0@8<3"H<R\?&!25-ICXW#2 T\3!
M00LQ\A?$1 JV4!8Q=3J?'MVJ-ECP$J6#_XJ7J.&H:2Q011DS$-B8;,4!A.10
M:O]Y03G?+RHF>1EIXCB "!YX^'[5-5XI'47V81TXQ8DU8Y4$Q8T@?N<-T?X3
MZ@%P!9-6-E#XHA\1,J.MK0GPB.070!+].\AMZ$T"1B2,(9J<LC^ _<2JY2_?
MP0HP8T1B$:!DU-& >4$]IBNR=>6F:NYSV !<E(1+.$.X")P72N&JT8'82N2(
MJ3Z@!%HR3S_%TJVH>W%'#Y9!9LF@'5'0$:+GF+M"&M*BP<RV^0K8OVA#X>YP
MBK^\G].7@CWPK +0H8*3+$J#@'#DE/M?\PU"9^90GDT904FH[$DYU/WUTTWN
M__\#0DJI%?81KI<T$FO4X@CVUMY>?[C\<'5]^8Y]?G/S^[O;U;VUJN#2S\!+
M0 85F-]Z6R'/7HOD+-?F;K[',MA\#ZXF,VU6]P? 2B*@!#3'[640WM5,+*5A
MUV2*U/.R?$">W);[V4$"N"VEO '%DY]PNSBJR=E8O9;17II-JY7GX"CKC;$F
M6*5;W$./O#%N4% \&64YYL6P-%^^RM?3@S ;CR )9^$5]@%=,99[[?/,#=A+
M^-1SL"#"[+S"M"7_>L39Y_624LRZYA0#>GYO=VW#S/=HAQ%8:0!_=GLU^H_$
M!( C1NU N5;;:-+V4T(B2((4S+*1XV*TD^^NY'(YPE"!;/98-C.*U\PNGLN2
M\DIC_F<8R2(*N5M1E/Z]<^Q,-W:K8GI_I3( B'4@9B.7N730?-443,YW(N>K
M(#U:O NK9W1?S$W>S!.^!!!DE4+?<PEVR;('I0\@X!?8'_Z'=>9WX4I\QD6O
M:Y@O?J@I<^DM)-YY,34U3Y_C%BYE[^&R!+-9J-H19LG0*%R87<NP\UGC#J?:
M)\Q!TQRPY0DKQ&E >2>>US)-R.92.$21CGRZR_(P$N)"2@I0'50-+,8W^'8^
M$'Z, PC*'<SATPA6CQF]I9U.M!)WH&U!PFE)#H8DREI0IN"_YIN?Z%_6+!_!
MZ)R.I._2/XIOM#D@PQ2P0RJAR"?H0?W"4)2BF>*F%I6<R<RHS!/F.U(>X$NJ
M[,)=8!Y%,Y2(.^ZC5XU$(FL:5EFO0O]X\S,DC?(5(2R(^)1AD4$$P=O\;H@H
MJ/1 U2-015D0JNU\S#(QY4KCU,\W2N OBO D1.=Y)X?3B^,7?.:PJ-\2R[0;
MAIU[3E+Y)2?97/&B.,PT&1ELS=@%C6YWC-X/E)TG"-6V#?N'K-B"AN'#$'7+
M"]WU6B_UB+1'Z8XJC:+([X%JLF+&3:;\L?K1<U#;O35:I\H@59VCKY3YB"'4
M>H^TX8CCJDFNC O"?,+*'DNY5<=EYI*+V/M[.@.X*,QK1 UM9F&O=2HK0<&Y
M_*T VB#,@N(09D2[*IDG^.<_6MU7@#;MSAS_HT7!E*+O40%+DOA9JI*NLXK7
M80VK@Z^.8H#B190\RE:%!@Y+HT0=XPEIEN7?X6! #DVJ@\PI)3P8>I11B^&9
M<6V]M5^U=%X 9H[ 7RP-[/>6M3C'Q>O5[(Y8#=;+UIMO60H$6!X+X@S( 3@S
MHE(BQHC^ET4OGI=379@ ;-@?M/GU!]+Z^V:G-:?DD@WM-(S&#Y*Z$N>?7GW&
M1QG6;A)QBM2*.E'+RP%&W!_(F#>1T1*98)6\*@P%0W#GK]2384DNZRL*812P
M7N'^6,71@2JCS9-4]^&!+"] \P"CX,IH'U-PRE\4]RFDZLLZ,U0N%_>&P@G-
M7.W6H-K-'5.QJ.UCFDS2A'WBT5<VX([*#RJ0@P_ \-072;9+ADB0$!=:CIC[
M<E,VDJ4D@!E%X(+ADWD(K ]<U/2U:LXN8&$R']("7XW\R/E9,"L =YVO]3YA
M8)P4W"K7K(9Y4;R8S_D0DQ,/5+H3E"M&3OC2PQ>I0NE/>BKF.#*@?#@CU,+_
M>Y*2<P#B40J$0AXN^164K=R=@ .+A$KIDM B3 E31,%>Y-:Q4FF6NZ'XODW
M)S8!E"2XD[IRI7(IJ+ NL#W."FP+]:*3- +6QJ*PEQ(714>F2X(4M('N5-A=
M!3\QE7Z"Q(_).T[X3&[&>&.*L+XW&XVY7W/4&RBJA %!+LI@ -J!E2 RP)*O
MA8S5+E&?^[(87Q0B$W@*,__]]@_+/F*7N!X9+K7HKL \[RD16FHECJHSSU/0
M20]S5 B"E^+G='#-@\AP3;HVOB=?F^=I,0LH*V6RA*2J_]B0\%AT BKQL(HV
MC'O2QU1 A%5QOHIJ8X*_^''^2AG8V:%0:1"K,5\Z(I4+TVS-/Y'TPQI5)&$A
M#I/%!*O9!4#!O5<969:S++*>:B4AL50>">IY@<G7^6WX['GD=R]HE?"7RDK
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M>!R,2C>#E[C_;*\SA;7/M,%BV=;&#9:WUQ\N/UQ=7[YCMY>_O'MSLTU"21;
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MEIUFK0GZ64F&GL$^_?P4;_%M(H)8Q%3U4IVST/083SK&.>RH<5^U_!WSZ*M
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M'WEHD<@YKSB^HA.&2Z<C#UCM9$X*C"!H'O<KH>/KP"3H^!:Z*QWRRCRS&1;
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MA1^'Q3&+0Q0RGQ-!(!K-K8<*,4:SF\>EB.EB#\C-HX=35UEAH3+3=*V:U@[
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M!UFG)+(,)I64:+96DZU@)J+LG=?U&\94I/3Q?Z]?U\T>^'H@^=AS:GEU!KD
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M>\E+4OWQI_OY+/BFBF66+UZ?H9?P+% +D<ML<?7Z[/?+=X">_?3FQ8L?_P;
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M[>Z'8V'<Q^F'H\&]-/%!G1[P5C>](:]NJ+<+.=2]^]A5;^BG1WRLVR(OV6R
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MO</*[L7)B07M1H>3C#O=]E+OKK7!1-OIR+96NQNY2_2\4GVAV&JDGPH8FE]
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M)H K* "$/(8LXCB$V"U2=/0TTD!AT 9-N)['++H(M@T11Z!MF CASIA'<#C
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M:?N;N#"OWKS8O).M_@N[-R_^!U!+ P04    "  Q.!E5T%1M8JX'  #)/
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MYH/^3__;UQ=/_@M02P$"% ,4    "  Q.!E5[P!"CV=P  ",>08 '
M        @ $     831Q,C R,G-H87)E:&]L9&5R;&5T=&5R+FAT;5!+ 0(4
M Q0    ( #$X&54,8)Q3TA4  #64   1              "  :%P  !P=&]N
M+3(P,C(P.#(U+FAT;5!+ 0(4 Q0    ( #$X&55QFZS/? (  '\(   1
M          "  :*&  !P=&]N+3(P,C(P.#(U+GAS9%!+ 0(4 Q0    ( #$X
M&57E=O?R'@@  '0Z   5              "  4V)  !P=&]N+3(P,C(P.#(U
M7V1E9BYX;6Q02P$"% ,4    "  Q.!E5#DE!;1P,  "0<   %0
M    @ &>D0  <'1O;BTR,#(R,#@R-5]L86(N>&UL4$L! A0#%     @ ,3@9
M5=!4;6*N!P  R3P  !4              ( ![9T  '!T;VXM,C R,C X,C5?
=<')E+GAM;%!+!08     !@ & )$!  #.I0     !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
