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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net loss $ (92.8) $ (354.1)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 47.6 55.9
Stock-based compensation expense 108.7 140.8
Non-cash operating lease expense 28.6 33.7
Amortization of debt discount and issuance costs 4.4 7.0
Impairment expense 21.6 27.7
Loss on sale of subsidiary 0.0 3.8
Foreign exchange loss (gain) 3.7 (1.9)
Changes in operating assets and liabilities:    
Accounts receivable 6.7 (44.0)
Inventories 78.8 80.1
Prepaid expenses and other current assets 14.5 (21.1)
Other assets (0.1) (1.2)
Accounts payable and accrued expenses (56.4) 8.6
Deferred revenue and customer deposits (4.0) 1.9
Operating lease liabilities, net (42.2) (44.5)
Other liabilities 0.1 (3.0)
Net cash provided by (used in) operating activities 119.2 (110.4)
Cash Flows from Investing Activities:    
Capital expenditures (2.5) (10.0)
Proceeds from sale of subsidiary and net assets 0.0 14.6
Proceeds from sale of Peloton Output Park 4.2 0.0
Net cash provided by investing activities 1.7 4.6
Cash Flows from Financing Activities:    
Principal repayment of Term Loan (5.0) (3.8)
Proceeds, net from employee stock purchase plan withholdings 1.9 1.9
Proceeds from employee stock plans 7.1 19.1
Principal repayments of finance leases 0.0 (0.5)
Net cash provided by financing activities 4.0 16.8
Effect of exchange rate changes 1.2 1.7
Net change in cash, cash equivalents, and restricted cash 126.1 (87.3)
Cash, cash equivalents, and restricted cash — Beginning of period 750.9 885.5
Cash, cash equivalents, and restricted cash — End of period 876.9 798.1
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 76.1 47.8
Cash paid for income taxes 3.1 1.9
Supplemental Disclosures of Non-Cash Investing and Financing Information:    
Accrued and unpaid capital expenditures, including software $ 0.2 $ 2.2