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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 2,446.0 $ 2,490.8 $ 2,700.5
Total cost of revenue 1,159.3 1,222.5 1,494.0
Gross profit 1,286.7 1,268.3 1,206.5
Operating expenses:      
Sales and marketing 400.4 421.6 658.9
General and administrative 430.3 527.3 651.0
Research and development 242.8 234.2 304.8
Impairment expense 34.6 64.1 57.3
Restructuring expense 17.9 33.8 66.1
Supplier settlements 0.0 23.5 (2.6)
Total operating expenses 1,126.0 1,304.5 1,735.5
Income (loss) from operations 160.7 (36.2) (529.0)
Other expense, net:      
Interest expense (123.8) (134.5) (112.5)
Interest income 36.4 32.7 35.1
Foreign exchange (loss) gain (10.1) 22.4 0.0
Other (expense) income, net (0.2) 0.1 0.7
Net gain on debt refinancing 0.0 0.0 53.6
Total other expense, net (97.6) (79.3) (23.2)
Loss before income taxes 63.1 (115.6) (552.1)
Income tax (benefit) expense (0.1) 3.4 (0.2)
Net income (loss) 63.2 (118.9) (551.9)
Net income (loss) attributable to Class A and Class B common stockholders $ 63.2 $ (118.9) $ (551.9)
Earnings (loss) per share:      
Basic (in dollars per share) $ 0.15 $ (0.30) $ (1.51)
Diluted (in dollars per share) $ 0.14 $ (0.30) $ (1.51)
Weighted-average common shares outstanding:      
Basic (in shares) 424,726,220 390,037,997 365,546,334
Diluted (in shares) 436,218,643 390,037,997 365,546,334
Other comprehensive income (loss):      
Change in foreign currency translation adjustment $ 9.9 $ (10.9) $ (0.9)
Total other comprehensive income (loss) 9.9 (10.9) (0.9)
Comprehensive income (loss) 73.1 (129.8) (552.8)
Connected Fitness Products      
Total revenue 770.4 817.1 991.7
Total cost of revenue 680.0 705.9 943.0
Subscription      
Total revenue 1,675.6 1,673.7 1,708.7
Total cost of revenue $ 479.3 $ 516.6 $ 551.0