7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 
      
    		                         
      cash flows from operating activities:
    		                         
      net income
    		13,900,000 21,600,000 -47,700,000 -91,900,000 -900,000 -30,500,000 -167,300,000 -194,800,000 -159,300,000 -241,800,000 -276,000,000 -335,400,000 -408,500,000 -1,255,300,000 -757,100,000 -439,300,000 -376,000,000 -313,200,000 -8,600,000 63,500,000 69,300,000 89,100,000 -55,500,000 -55,400,000 -49,800,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                         
      depreciation and amortization expense
    		16,800,000 20,900,000 21,200,000 22,800,000 24,800,000 25,800,000 27,100,000 25,100,000 30,800,000 31,200,000 32,200,000 31,900,000 29,000,000 40,400,000 38,200,000 36,100,000 28,100,000 25,000,000 14,600,000 12,800,000 11,400,000 12,000,000 11,000,000 10,100,000 7,100,000 
      stock-based compensation expense
    		47,200,000 53,400,000 67,500,000 61,500,000 47,200,000 103,100,000 67,800,000 66,600,000 74,200,000 71,300,000 70,000,000 81,600,000 182,100,000 86,500,000 117,100,000 71,900,000 52,900,000 85,200,000 41,700,000 37,500,000 29,600,000 32,500,000 20,500,000 17,100,000 18,700,000 
      non-cash operating lease expense
    		14,800,000 12,600,000 13,300,000 13,900,000 14,700,000 16,200,000 16,300,000 16,900,000 16,800,000 17,300,000 18,100,000 22,300,000 22,100,000 25,600,000 25,100,000 22,500,000 19,200,000 17,100,000 16,200,000 14,900,000 13,300,000 14,200,000 12,100,000 12,100,000 9,300,000 
      amortization of debt discount and issuance costs
    		2,400,000 2,300,000 2,400,000 2,300,000 2,100,000 3,700,000 3,500,000 3,500,000 3,500,000 3,600,000 3,300,000 3,500,000 3,200,000 9,800,000 8,400,000 8,600,000 8,500,000 8,400,000        
      impairment expense
    		8,300,000 11,800,000 30,700,000 16,700,000 4,900,000 10,600,000 19,000,000 3,700,000 24,000,000 32,600,000 39,300,000 9,700,000 62,900,000             
      net foreign currency adjustments
    		3,800,000      2,100,000 -9,700,000 7,800,000 -1,700,000 -10,900,000 -11,600,000 17,200,000 12,700,000 12,200,000 1,700,000 5,200,000         
      changes in operating assets and liabilities:
    		                         
      accounts receivable
    		30,700,000 -7,200,000 3,300,000 4,700,000 2,000,000 -1,900,000 38,900,000 -41,000,000 -3,000,000 11,100,000 16,500,000 -42,700,000 1,300,000 -9,200,000 19,800,000 -13,600,000 -9,800,000 9,100,000 24,000,000 -3,000,000 -15,000,000 16,700,000 -29,200,000 26,200,000 -2,400,000 
      inventories
    		-30,000,000 11,500,000 46,200,000 78,100,000 700,000 26,200,000 56,700,000 81,500,000 -1,400,000 102,400,000 118,700,000 206,500,000 109,900,000 74,700,000 128,200,000 -269,100,000 -332,400,000 -223,500,000 -90,700,000 -155,000,000 -118,000,000 -50,600,000 48,000,000 -25,100,000 -69,100,000 
      prepaid expenses and other assets, current and non-current
    		-9,500,000                         
      accounts payable and accrued expenses
    		4,700,000 -14,500,000 -23,100,000 -7,700,000 -48,700,000 -55,000,000 -49,100,000 7,900,000 700,000 -50,600,000 -78,100,000 -39,800,000 -178,700,000 91,800,000 -432,600,000 116,200,000 56,000,000 -4,400,000 112,300,000 175,500,000 156,400,000 69,400,000 -34,000,000 80,500,000 17,500,000 
      deferred revenue and customer deposits
    		-9,600,000 -6,000,000 -3,500,000 5,400,000 -9,400,000 -18,700,000 -6,800,000 15,300,000 -13,400,000                 
      operating lease liabilities
    		-21,100,000 -18,200,000 -21,900,000 -20,300,000 -21,900,000 -26,300,000 -20,000,000 -20,600,000 -23,900,000 -24,100,000 -22,200,000 -26,800,000 -16,800,000 -6,700,000 -24,200,000 -15,900,000 -9,000,000 1,800,000 -13,900,000 -7,200,000 11,300,000 -2,900,000 -3,200,000 -800,000 -16,700,000 
      other liabilities
    		-400,000 1,200,000 5,500,000 400,000 -300,000 -600,000 -800,000 -700,000 -2,300,000 -3,100,000 -11,100,000 -3,200,000 -9,900,000 11,700,000 -2,200,000 -700,000 1,300,000 2,300,000 5,400,000 -9,400,000 5,500,000 9,000,000 7,800,000 6,800,000 -100,000 
      net cash from operating activities
    		71,900,000 117,100,000 96,700,000 106,700,000 12,500,000 32,700,000 11,600,000 -31,200,000 -79,200,000 -55,400,000 -40,900,000 -88,500,000 -202,800,000 -342,200,000 -670,200,000 -446,600,000 -561,000,000 -599,000,000 -151,200,000 198,400,000 312,100,000 327,300,000 15,900,000 109,400,000 -76,200,000 
      cash flows from investing activities:
    		                         
      capital expenditures
    		-4,500,000 -4,700,000 -2,100,000 -700,000 -1,800,000                     
      free cash flows
    		67,400,000 112,400,000 94,600,000 106,000,000 10,700,000                     
      business combinations
    		-2,200,000                         
      proceeds from sale of peloton output park
    		 0 0 0 4,200,000 0                    
      net cash from investing activities
    		-6,700,000 -4,700,000 -2,100,000 -700,000 2,400,000 -6,700,000 28,900,000 8,700,000 -4,100,000 -18,500,000 -1,900,000 -5,900,000 -43,600,000 -69,700,000 -76,600,000 270,300,000 29,300,000 -351,700,000 113,300,000 -409,100,000 62,400,000 164,600,000 -35,100,000 -963,600,000 92,800,000 
      cash flows from financing activities:
    		                         
      principal repayment of term loan
    		-2,500,000 -2,500,000 -2,500,000 -2,500,000 -2,500,000 -736,900,000 -1,800,000 -1,900,000 -1,900,000 -1,900,000 -1,800,000 -1,900,000 -1,900,000             
      proceeds from employee stock purchase plan withholdings
    		700,000         1,800,000 2,300,000 2,500,000 300,000 2,400,000 -300,000 9,000,000 6,200,000 5,800,000 5,000,000 3,900,000 3,300,000 2,400,000 2,600,000   
      proceeds from employee stock plans
    		100,000 700,000 -100,000 600,000 6,500,000  14,000,000 8,400,000 10,700,000                 
      net cash from financing activities
    		-1,700,000 -400,000 -1,900,000 -800,000 4,800,000 -123,400,000 12,200,000 8,600,000 8,200,000 6,800,000 42,100,000 25,800,000 2,100,000 706,100,000 21,800,000 1,257,600,000 29,600,000 26,300,000 846,900,000 24,800,000 18,800,000 30,900,000 7,400,000 3,500,000 1,198,400,000 
      effect of exchange rate changes
    		300,000 11,800,000 -7,700,000 -300,000 1,500,000 -500,000 -2,200,000 2,200,000 -500,000 -300,000 1,800,000 3,900,000 3,200,000 -2,900,000 -3,300,000 -200,000 -20,100,000 2,600,000 -1,400,000 3,800,000 1,700,000 3,800,000 -12,100,000 8,400,000 -1,300,000 
      net change in cash, cash equivalents, and restricted cash
    		63,900,000 123,800,000 85,000,000 104,900,000 21,200,000 -97,900,000 50,600,000 -11,800,000 -75,500,000 -67,500,000 1,000,000 -64,700,000 -241,000,000 291,300,000 -728,300,000 1,081,100,000 -522,200,000 -921,700,000 807,500,000 -182,100,000 395,000,000 526,500,000    
      cash, cash equivalents, and restricted cash — beginning of period
    		1,085,800,000 0 0 0 750,900,000 0 0 0 885,500,000 0 0 0 1,257,600,000 0 0           
      cash, cash equivalents, and restricted cash — end of period
    		1,149,600,000 123,900,000 85,000,000 104,800,000 772,100,000 -97,800,000 50,600,000 -11,800,000 809,900,000  1,000,000 -64,700,000 1,016,600,000  -728,400,000           
      supplemental disclosures of cash flow information:
    		                         
      cash paid for interest
    		33,300,000 34,300,000 16,800,000 37,400,000 38,700,000 23,800,000 24,000,000 24,300,000 23,500,000  23,600,000 16,300,000 16,800,000   200,000 300,000 700,000 300,000 0 300,000     
      cash paid for income taxes
    		3,200,000 -1,400,000 900,000 2,000,000 1,100,000  -2,900,000 700,000 1,200,000  5,300,000 5,000,000 2,600,000    1,900,000 600,000 1,600,000 800,000 500,000 3,100,000    
      supplemental disclosures of non-cash investing and financing information:
    		                         
      accrued and unpaid capital expenditures, including software
    		200,000  500,000 0 200,000 -2,200,000 100,000 1,100,000 1,100,000    5,400,000             
      loss on sale of subsidiary
    		     0 0                   
      gain on debt extinguishment of convertible notes
    		                         
      loss on debt extinguishment of term loan
    		                         
      prepaid expenses and other current assets
    		 41,400,000 10,700,000 2,400,000 12,100,000 40,700,000 23,000,000 10,600,000 -31,700,000 7,600,000 40,600,000 24,800,000 -11,800,000 8,000,000 10,300,000 -10,400,000 -40,400,000 2,400,000 500,000 -17,000,000 -18,200,000 -8,800,000 -11,800,000 -14,400,000 1,900,000 
      other assets
    		 2,300,000 2,200,000   1,900,000 1,000,000 800,000 -2,000,000 1,900,000 -100,000 2,600,000 2,700,000 4,500,000 1,800,000 0 -8,400,000 -5,400,000 -14,400,000 -5,200,000 5,900,000 -3,900,000 -10,100,000 -6,700,000 -1,400,000 
      proceeds from sales of subsidiary and net assets
    		                         
      payment of principal on convertible notes
    		                         
      proceeds from issuance of convertible notes, net of issuance costs
    		                 0        
      proceeds from issuance of term loan, net of issuance costs
    		                         
      principal repayments of finance leases
    		 0    0 0 -100,000 -400,000 -300,000 -1,000,000 -500,000 -500,000 -400,000 -300,000 -500,000 -500,000 -100,000 -200,000       
      foreign exchange (gain) loss
    		    -14,800,000                     
      proceeds from sale of subsidiary and net assets
    		                         
      proceeds, net from employee stock purchase plan withholdings
    		  800,000 1,200,000 700,000  100,000 2,100,000 -200,000                 
      foreign exchange gain
    		                         
      amortization of premium from marketable securities
    		             0 0 900,000 2,500,000 2,200,000 3,900,000 1,800,000 1,700,000   -800,000 300,000 
      goodwill impairment
    		             0            
      maturities of marketable securities
    		             0 0 90,700,000 120,300,000 148,100,000 217,200,000 176,100,000 124,500,000 103,900,000 190,000,000 26,200,000 115,300,000 
      sales of marketable securities
    		             0 0   100,000    106,300,000 62,600,000   
      capital expenditures and capitalized internal-use software development costs
    		     -6,700,000 -3,000,000 -5,900,000 -4,100,000 -18,600,000 -14,300,000               
      business combinations, net of cash acquired
    		             0 0           
      asset acquisitions, net of cash acquired
    		             0 0   0 0       
      proceeds from public offering, net of issuance costs
    		             0 0           
      proceeds from exercise of stock options
    		         7,200,000 42,700,000 25,800,000 4,100,000 7,600,000 22,500,000 30,400,000 23,800,000 20,600,000 -16,300,000 37,900,000 15,400,000 28,400,000 4,800,000 1,500,000 2,700,000 
      term loan issuance costs recorded within net income
    		                         
      stock-based compensation capitalized for software development costs
    		            2,900,000    2,500,000   1,100,000 700,000  600,000 500,000 400,000 
      proceeds from sale of subsidiary
    		      0                   
      purchases of marketable securities
    		                 0 0   0 -226,500,000   
      proceeds from sales of net assets
    		         0                
      purchase of capped calls
    		                 0        
      taxes withheld and paid on employee stock awards
    		                 0 -37,400,000       
      customer deposits and deferred revenue
    		          -10,300,000 13,200,000 -3,600,000 -9,600,000 -29,400,000 35,200,000 40,600,000 -210,700,000 -247,700,000 88,300,000 157,400,000 148,300,000 55,700,000 59,800,000 8,500,000 
      excess and obsolete inventory reserve adjustments
    		           -24,900,000 -4,000,000             
      capital expenditures, including software
    		            -43,600,000             
      impairment expense and loss on disposals on long-lived assets
    		                         
      purchases of property and equipment
    		              -65,200,000 -91,200,000 -87,200,000 -73,100,000 -48,500,000 -70,200,000 -49,200,000 -46,300,000 -61,300,000 -26,300,000 -22,500,000 
      internal-use software costs
    		                         
      gain on disposals
    		                         
      internal-use software costs and other
    		               -8,900,000 -3,800,000         
      impairment of long-lived assets
    		                600,000 1,200,000        
      cash, cash equivalents and restricted cash — beginning of period
    		                1,135,700,000 0 0 0 1,037,000,000 0 0 0 163,000,000 
      cash, cash equivalents and restricted cash — end of period
    		                613,500,000 -921,700,000 807,500,000 -182,100,000 1,432,000,000 526,500,000 -23,900,000 -842,300,000 1,376,700,000 
      property and equipment accrued but unpaid
    		                66,400,000   27,600,000 19,600,000  13,500,000 -1,200,000 8,900,000 
      proceeds from issuance of common stock upon initial public offering, net of offering costs
    		                     0 0 0 1,195,700,000 
      repurchase of common and convertible preferred stock, including issuance costs
    		                         
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                         
      debt issuance costs
    		                         
      conversion of convertible preferred stock to common stock
    		                      -1,882,200,000 0 941,100,000 
      building - build-to-suit asset
    		                         
      business combination, net of cash acquired
    		                         
      capitalization of internal-use software costs and other
    		                         
      other non-cash items
    		                   900,000 1,400,000 2,300,000    
      cash paid for cost method investment
    		                     0    
      capitalization of internal-use software costs
    		                         
      capitalization of software costs
    		                    -12,900,000     
      acquisition of business, net of cash acquired
    		                     600,000 300,000   
      repayments of debt
    		                         
      amortization of debt issuance costs
    		                       100,000 100,000 
      net change in cash
    		                       -842,300,000 1,213,700,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.