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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net income (loss) $ 1.6 $ (140.5)
Adjustments to reconcile Net income (loss) to Net cash provided by operating activities:    
Depreciation and amortization expense 45.7 68.8
Stock-based compensation expense 155.6 176.2
Non-cash operating lease expense 38.4 41.9
Amortization of debt discount and issuance costs 7.1 6.8
Impairment expense 34.7 52.3
Net foreign currency adjustments 10.6 (6.6)
Changes in operating assets and liabilities:    
Accounts receivable 22.4 10.0
Inventories 38.4 125.0
Prepaid expenses and other current assets 37.9 25.2
Other assets (1.0) 2.1
Accounts payable and accrued expenses (27.6) (79.5)
Deferred revenue and customer deposits 0.1 (7.5)
Operating lease liabilities, net (57.7) (64.1)
Other liabilities (9.6) 5.6
Net cash provided by operating activities 296.5 215.9
Cash Flows from Investing Activities:    
Capital expenditures (7.6) (4.6)
Business combinations (2.2) 0.0
Proceeds from sale of Peloton Output Park 0.0 4.2
Net cash used in investing activities (9.8) (0.4)
Cash Flows from Financing Activities:    
Principal repayment of Term Loan (7.5) (7.5)
Payment of principal on convertible notes (199.0) 0.0
Proceeds from employee stock purchase plan withholdings 2.4 2.7
Proceeds from employee stock plans 0.5 7.0
Principal repayments of finance leases (0.3) (0.1)
Net cash (used in) provided by financing activities (203.8) 2.1
Effect of exchange rate changes 3.2 (6.5)
Net change in cash, cash equivalents, and restricted cash 86.1 211.1
Cash, cash equivalents, and restricted cash — Beginning of period 1,085.8 750.9
Cash, cash equivalents, and restricted cash — End of period 1,171.8 961.9
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 89.8 92.9
Cash paid for income taxes 4.3 4.0
Supplemental Disclosures of Non-Cash Investing and Financing Information:    
Accrued and unpaid capital expenditures, including software $ 0.3 $ 0.7