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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:      
Net income (loss) $ 63.2 $ (118.9) $ (551.9)
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:      
Depreciation and amortization expense 57.2 89.7 108.8
Stock-based compensation expense 198.6 229.6 311.7
Non-cash operating lease expense 49.8 54.5 66.2
Amortization of debt discount and issuance costs 9.5 9.1 14.2
Impairment expense 34.6 64.1 57.3
Loss on sale of subsidiary 0.0 0.0 3.8
Net foreign currency adjustments 10.1 (22.4) 0.0
Gain on debt extinguishment of convertible notes 0.0 0.0 (69.8)
Loss on debt extinguishment of term loan 0.0 0.0 7.5
Changes in operating assets and liabilities:      
Accounts receivable 18.6 2.8 (7.0)
Inventories 81.3 136.5 163.0
Prepaid expenses and other current assets 34.2 66.6 42.6
Other assets (4.7) 4.4 1.7
Accounts payable and accrued expenses (71.1) (94.0) (95.5)
Deferred revenue and customer deposits (11.0) (13.5) (23.6)
Operating lease liabilities, net (77.3) (82.3) (90.8)
Other liabilities (5.5) 6.8 (4.4)
Net cash provided by (used in) operating activities 387.6 333.0 (66.1)
Cash Flows from Investing Activities:      
Proceeds from sale of Peloton Output Park 0.0 4.2 31.9
Capital expenditures (9.9) (9.3) (19.7)
Business combinations and asset acquisitions (11.4) 0.0 0.0
Proceeds from sales of subsidiary and net assets 0.0 0.0 14.6
Net cash (used in) provided by investing activities (21.4) (5.1) 26.8
Cash Flows from Financing Activities:      
Principal repayment of term loan (10.0) (10.0) (742.5)
Payment of principal on convertible notes (199.0) 0.0 (724.9)
Proceeds from issuance of convertible notes, net of issuance costs 0.0 0.0 342.3
Proceeds from issuance of term loan, net of issuance costs 0.0 0.0 986.9
Proceeds from employee stock purchase plan withholdings 3.5 4.1 3.1
Proceeds from employee stock plans 0.6 11.2 41.2
Taxes withheld and paid on employee stock awards (2.2) (3.5) 0.0
Principal repayments of finance leases (0.3) (0.1) (0.5)
Net cash (used in) provided by financing activities (207.6) 1.7 (94.4)
Effect of exchange rate changes 3.0 5.3 (1.0)
Net change in cash, cash equivalents, and restricted cash 161.7 334.9 (134.6)
Cash, cash equivalents, and restricted cash — Beginning of period 1,085.8 750.9 885.5
Cash, cash equivalents, and restricted cash — End of period 1,247.4 1,085.8 750.9
Supplemental Disclosures of Cash Flow Information:      
Cash paid for interest 122.2 127.2 95.6
Cash paid for income taxes 5.5 2.6 0.0
Term loan issuance costs recorded within Net loss 0.0 0.0 8.7
Supplemental Disclosures of Non-Cash Investing and Financing Information:      
Accrued and unpaid capital expenditures, including software $ 0.3 $ 0.3 $ 0.1