v3.25.0.1
Segment Information (Tables)
6 Months Ended
Dec. 31, 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 December 31,Six Months Ended December 31,
2024202320242023
(in millions)
Connected Fitness Products:
Revenue
$253.4 $319.1 $413.0 $499.7 
Cost of revenue
220.6 305.3 365.5 480.2 
   Gross profit
$32.8 $13.8 $47.4 $19.5 
Subscription:
Revenue
$420.6 $424.5 $846.9 $839.5 
Cost of revenue
135.0 139.0 272.2 274.2 
   Gross profit
$285.6 $285.6 $574.7 $565.3 
Consolidated:
Revenue
$673.9 $743.6 $1,259.9 $1,339.2 
Cost of revenue
355.6 444.2 637.8 754.4 
   Gross profit
$318.4 $299.4 $622.1 $584.8 
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 December 31,Six Months Ended December 31,
2024202320242023
(in millions)
Segment Gross Profit
$318.4 $299.4 $622.1 $584.8 
Sales and marketing(152.7)(230.3)(234.6)(376.4)
General and administrative(131.3)(160.8)(250.8)(311.8)
Research and development(60.3)(79.9)(118.8)(158.6)
Impairment expense(16.7)(3.6)(21.6)(27.7)
Restructuring expense(3.3)(13.4)(6.2)(31.2)
Supplier settlements— 1.5 (23.5)1.5 
Total other expense, net
(45.3)(9.5)(57.8)(35.7)
Loss before provision for income taxes
$(91.2)$(196.6)$(91.3)$(355.1)