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v3.26.1

Segment Information (Tables) | 9 Months Ended
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Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of Key Performance Measures by Segment | Information on reportable segments and reconciliation to consolidated Income (loss) before income taxes is as follows:
| Three Months Ended March 31, 2026 |  | Nine Months Ended March 31, 2026
| Connected Fitness Products |  | Subscription |  | Total |  | Connected Fitness Products |  | Subscription |  | Total
| (in millions)
Revenue | $ | 202.9 |  |  | $ | 428.0 |  |  | $ | 630.9 |  |  | $ | 599.3 |  |  | $ | 1,239.0 |  |  | $ | 1,838.3 |
Consolidated Revenue |  |  |  |  | $ | 630.9 |  |  |  |  |  |  | $ | 1,838.3 |
Less: |  |  |  |  |  |  |  |  |  |  |
Adjusted Cost of revenue | 180.0 |  |  | 123.6 |  |  | 303.7 |  |  | 531.8 |  |  | 364.1 |  |  | 895.9 |
Segment Adjusted Gross profit | $ | 22.9 |  |  | $ | 304.3 |  |  | $ | 327.3 |  |  | $ | 67.5 |  |  | $ | 874.9 |  |  | $ | 942.3 |
Reconciliation to consolidated income before income taxes: |  |  |  |  |  |  |  |  |  |  |
Sales and marketing |  |  |  |  | (98.1) |  |  |  |  |  |  | (316.9) |
General and administrative |  |  |  |  | (110.4) |  |  |  |  |  |  | (314.1) |
Research and development |  |  |  |  | (58.8) |  |  |  |  |  |  | (185.9) |
Impairment expense |  |  |  |  | (3.4) |  |  |  |  |  |  | (34.7) |
Restructuring expense |  |  |  |  | (4.1) |  |  |  |  |  |  | (11.2) |
Total other expense, net |  |  |  |  | (25.6) |  |  |  |  |  |  | (77.0) |
Income before income taxes |  |  |  |  | $ | 26.9 |  |  |  |  |  |  | $ | 2.5 |
| Three Months Ended March 31, 2025 |  | Nine Months Ended March 31, 2025
| Connected Fitness Products |  | Subscription |  | Total |  | Connected Fitness Products |  | Subscription |  | Total
| (in millions)
Revenue | $ | 205.5 |  |  | $ | 418.5 |  |  | $ | 624.0 |  |  | $ | 618.5 |  |  | $ | 1,265.4 |  |  | $ | 1,883.9 |
Consolidated Revenue |  |  |  |  | $ | 624.0 |  |  |  |  |  |  | $ | 1,883.9 |
Less: |  |  |  |  |  |  |  |  |  |  |
Adjusted Cost of revenue | 183.8 |  |  | 134.1 |  |  | 317.9 |  |  | 554.4 |  |  | 415.0 |  |  | 969.3 |
Segment Adjusted Gross profit | $ | 21.7 |  |  | $ | 284.4 |  |  | $ | 306.1 |  |  | $ | 64.1 |  |  | $ | 850.5 |  |  | $ | 914.6 |
Reconciliation to consolidated loss before income taxes: |  |  |  |  |  |  |  |  |  |  |
Allocated overhead costs |  |  |  |  | 11.9 |  |  |  |  |  |  | 25.6 |
Sales and marketing |  |  |  |  | (106.5) |  |  |  |  |  |  | (341.1) |
General and administrative |  |  |  |  | (151.4) |  |  |  |  |  |  | (402.2) |
Research and development |  |  |  |  | (59.6) |  |  |  |  |  |  | (178.4) |
Impairment expense |  |  |  |  | (30.7) |  |  |  |  |  |  | (52.3) |
Restructuring expense |  |  |  |  | (2.4) |  |  |  |  |  |  | (8.6) |
Supplier settlements |  |  |  |  | — |  |  |  |  |  |  | (23.5) |
Total other expense, net |  |  |  |  | (14.5) |  |  |  |  |  |  | (72.3) |
Loss before income taxes |  |  |  |  | $ | (46.9) |  |  |  |  |  |  | $ | (138.2) |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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