v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net loss $ (0.9) $ (159.3)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 24.8 30.8
Stock-based compensation expense 47.2 74.2
Non-cash operating lease expense 14.7 16.8
Amortization of debt discount and issuance costs 2.1 3.5
Impairment expense 4.9 24.0
Foreign exchange (gain) loss (14.8) 7.8
Changes in operating assets and liabilities:    
Accounts receivable 2.0 (3.0)
Inventories 0.7 (1.4)
Prepaid expenses and other current assets 12.1 (31.7)
Other assets 0.0 (2.0)
Accounts payable and accrued expenses (48.7) 0.7
Deferred revenue and customer deposits (9.4) (13.4)
Operating lease liabilities, net (21.9) (23.9)
Other liabilities (0.3) (2.3)
Net cash provided by (used in) operating activities 12.5 (79.2)
Cash Flows from Investing Activities:    
Capital expenditures (1.8) (4.1)
Proceeds from sale of Peloton Output Park 4.2 0.0
Net cash provided by (used in) investing activities 2.4 (4.1)
Cash Flows from Financing Activities:    
Principal repayment of Term Loan (2.5) (1.9)
Proceeds, net from employee stock purchase plan withholdings 0.7  
Proceeds, net from employee stock purchase plan withholdings   (0.2)
Proceeds from employee stock plans 6.5 10.7
Principal repayments of finance leases 0.0 (0.4)
Net cash provided by financing activities 4.8 8.2
Effect of exchange rate changes 1.5 (0.5)
Net change in cash, cash equivalents, and restricted cash 21.2 (75.5)
Cash, cash equivalents, and restricted cash — Beginning of period 750.9 885.5
Cash, cash equivalents, and restricted cash — End of period 772.1 809.9
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 38.7 23.5
Cash paid for income taxes 1.1 1.2
Supplemental Disclosures of Non-Cash Investing and Financing Information:    
Accrued and unpaid capital expenditures, including software $ 0.2 $ 1.1