v3.24.3
Segment Information (Tables)
3 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Key Performance Measures by Segment
Key financial performance measures of the segments including Revenue, Cost of revenue, and Gross profit are as follows:
Three Months Ended September 30,
20242023
(in millions)
Connected Fitness Products:
Revenue
$159.6 $180.6 
Cost of revenue
145.0 174.9 
   Gross profit
$14.6 $5.7 
Subscription:
Revenue
$426.3 $415.0 
Cost of revenue
137.2 135.2 
   Gross profit
$289.1 $279.7 
Consolidated:
Revenue
$586.0 $595.5 
Cost of revenue
282.2 310.1 
   Gross profit
$303.8 $285.4 
Schedule of Reconciliation of Segment Gross Profit to Consolidated Loss Before Tax The reconciliation between reportable Segment Gross Profit to consolidated loss before provision for income tax is as follows:
Three Months Ended September 30,
20242023
(in millions)
Segment Gross Profit
$303.8 $285.4 
Sales and marketing(81.9)(146.0)
General and administrative(119.5)(151.1)
Research and development(58.5)(78.7)
Impairment expense(4.9)(24.0)
Restructuring expense(2.9)(17.8)
Supplier settlements(23.5)— 
Total other expense, net
(12.6)(26.2)
Loss before provision for income taxes
$— $(158.5)