Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | |||||||||||||||||||||||||
connected fitness products | 152,400,000 | 198,600,000 | 205,500,000 | 253,400,000 | 159,600,000 | 212,100,000 | 279,900,000 | 319,100,000 | 180,600,000 | 220,400,000 | 324,100,000 | 381,400,000 | 204,200,000 | 295,600,000 | 594,400,000 | 796,400,000 | 501,000,000 | 655,300,000 | 1,022,900,000 | 870,100,000 | 601,400,000 | 503,300,000 | 420,200,000 | 381,100,000 | 157,600,000 |
subscription | 398,400,000 | 408,300,000 | 418,500,000 | 420,600,000 | 426,300,000 | 431,400,000 | 437,800,000 | 424,500,000 | 415,000,000 | 421,800,000 | 424,700,000 | 411,300,000 | 412,300,000 | 383,100,000 | 369,900,000 | 337,500,000 | 304,100,000 | 281,600,000 | 239,400,000 | 194,700,000 | 156,500,000 | 121,200,000 | 98,200,000 | 77,100,000 | 67,200,000 |
total revenue | 550,800,000 | 606,900,000 | 624,000,000 | 673,900,000 | 586,000,000 | 643,600,000 | 717,700,000 | 743,600,000 | 595,500,000 | 642,100,000 | 748,900,000 | 792,700,000 | 616,500,000 | 678,700,000 | 964,300,000 | 1,133,900,000 | 805,200,000 | 936,800,000 | 1,262,300,000 | 1,064,800,000 | 757,900,000 | 607,100,000 | 524,600,000 | 466,300,000 | 228,000,000 |
yoy | -6.01% | -5.70% | -13.06% | -9.37% | -1.60% | 0.23% | -4.17% | -6.19% | -3.41% | -5.39% | -22.34% | -30.09% | -23.44% | -27.55% | -23.61% | 6.49% | 6.24% | 54.31% | 140.62% | 128.35% | 232.41% | ||||
qoq | -9.24% | -2.74% | -7.40% | 15.00% | -8.95% | -10.32% | -3.48% | 24.87% | -7.26% | -14.26% | -5.53% | 28.58% | -9.16% | -29.62% | -14.96% | 40.82% | -14.05% | -25.79% | 18.55% | 40.49% | 24.84% | 15.73% | 12.50% | 104.52% | |
cost of revenue: | |||||||||||||||||||||||||
total cost of revenue | 267,100,000 | 278,800,000 | 306,000,000 | 355,600,000 | 282,200,000 | 331,600,000 | 408,000,000 | 444,200,000 | 310,100,000 | 441,100,000 | 478,700,000 | 557,600,000 | 399,300,000 | 708,500,000 | 780,100,000 | 853,700,000 | 542,500,000 | 683,200,000 | 817,400,000 | 640,000,000 | 429,200,000 | 318,200,000 | 278,800,000 | 269,100,000 | 122,900,000 |
gross profit | 283,700,000 | 328,100,000 | 318,100,000 | 318,400,000 | 303,800,000 | 312,000,000 | 309,700,000 | 299,400,000 | 285,400,000 | 201,100,000 | 270,200,000 | 235,000,000 | 217,200,000 | -29,800,000 | 184,200,000 | 280,200,000 | 262,700,000 | 253,600,000 | 444,900,000 | 424,800,000 | 328,700,000 | 288,700,000 | 245,800,000 | 197,100,000 | 105,100,000 |
yoy | -6.62% | 5.16% | 2.71% | 6.35% | 6.45% | 55.15% | 14.62% | 27.40% | 31.40% | -774.83% | 46.69% | -16.13% | -17.32% | -111.75% | -58.60% | -34.04% | -20.08% | -12.16% | 81.00% | 115.53% | 212.75% | ||||
qoq | -13.53% | 3.14% | -0.09% | 4.81% | -2.63% | 0.74% | 3.44% | 4.91% | 41.92% | -25.57% | 14.98% | 8.20% | -828.86% | -116.18% | -34.26% | 6.66% | 3.59% | -43.00% | 4.73% | 29.24% | 13.86% | 17.45% | 24.71% | 87.54% | |
gross margin % | 51.51% | 54.06% | 50.98% | 47.25% | 51.84% | 48.48% | 43.15% | 40.26% | 47.93% | 31.32% | 36.08% | 29.65% | 35.23% | -4.39% | 19.10% | 24.71% | 32.63% | 27.07% | 35.25% | 39.89% | 43.37% | 47.55% | 46.85% | 42.27% | 46.10% |
operating expenses: | |||||||||||||||||||||||||
sales and marketing | 66,800,000 | 80,500,000 | 106,500,000 | 152,700,000 | 81,900,000 | 112,200,000 | 170,300,000 | 230,300,000 | 146,000,000 | 137,800,000 | 154,600,000 | 217,100,000 | 138,700,000 | 158,100,000 | 227,700,000 | 349,600,000 | 284,300,000 | 229,400,000 | 208,200,000 | 177,400,000 | 114,600,000 | 84,200,000 | 154,800,000 | 160,500,000 | 77,600,000 |
general and administrative | 100,800,000 | 125,100,000 | 151,400,000 | 131,300,000 | 119,500,000 | 186,100,000 | 153,000,000 | 160,800,000 | 151,100,000 | 162,800,000 | 249,200,000 | 192,600,000 | 193,500,000 | 232,100,000 | 242,300,000 | 248,700,000 | 240,300,000 | 232,100,000 | 180,600,000 | 141,100,000 | 108,600,000 | 86,200,000 | 126,900,000 | 77,500,000 | 60,900,000 |
research and development | 62,100,000 | 55,800,000 | 59,600,000 | 60,300,000 | 58,500,000 | 69,400,000 | 76,800,000 | 79,900,000 | 78,700,000 | 72,100,000 | 78,200,000 | 80,000,000 | 88,100,000 | 84,900,000 | 77,100,000 | 100,000,000 | 97,700,000 | 93,900,000 | 69,800,000 | 47,500,000 | 36,600,000 | 28,400,000 | 22,500,000 | 20,700,000 | 17,400,000 |
impairment expense | 8,300,000 | 11,800,000 | 30,700,000 | 16,700,000 | 4,900,000 | 10,600,000 | 19,000,000 | 3,600,000 | 24,000,000 | 32,600,000 | 39,400,000 | 9,700,000 | 62,900,000 | 7,700,000 | |||||||||||
restructuring expense | 4,400,000 | 25,200,000 | 2,400,000 | 3,300,000 | 2,900,000 | -2,700,000 | 37,600,000 | 13,400,000 | 17,800,000 | 21,500,000 | 12,000,000 | 49,000,000 | 106,900,000 | 22,200,000 | 158,500,000 | ||||||||||
supplier settlements | 23,500,000 | -200,000 | -900,000 | -1,500,000 | 2,900,000 | 17,900,000 | 1,100,000 | ||||||||||||||||||
total operating expenses | 242,400,000 | 298,500,000 | 350,500,000 | 364,300,000 | 291,200,000 | 375,400,000 | 455,900,000 | 486,500,000 | 417,600,000 | 426,800,000 | 536,200,000 | 566,400,000 | 591,100,000 | 1,183,000,000 | 920,000,000 | 705,900,000 | 622,400,000 | 555,400,000 | 458,600,000 | 366,000,000 | 259,800,000 | 198,800,000 | 304,200,000 | 258,700,000 | 156,000,000 |
income from operations | 41,300,000 | 29,600,000 | -32,400,000 | -45,900,000 | 12,500,000 | -63,300,000 | -146,200,000 | -187,100,000 | -132,300,000 | -225,800,000 | -266,000,000 | -331,300,000 | -374,000,000 | -1,212,800,000 | -735,800,000 | -425,700,000 | -359,700,000 | -301,700,000 | -13,700,000 | 58,800,000 | 68,900,000 | 90,000,000 | -58,400,000 | -61,500,000 | -50,900,000 |
yoy | 230.40% | -146.76% | -77.84% | -75.47% | -109.45% | -71.97% | -45.04% | -43.53% | -64.63% | -81.38% | -63.85% | -22.18% | 3.98% | 301.99% | 5270.80% | -823.98% | -622.06% | -435.22% | -76.54% | -195.61% | -235.36% | ||||
qoq | 39.53% | -191.36% | -29.41% | -467.20% | -119.75% | -56.70% | -21.86% | 41.42% | -41.41% | -15.11% | -19.71% | -11.42% | -69.16% | 64.83% | 72.84% | 18.35% | 19.22% | 2102.19% | -123.30% | -14.66% | -23.44% | -254.11% | -5.04% | 20.83% | |
operating margin % | 7.50% | 4.88% | -5.19% | -6.81% | 2.13% | -9.84% | -20.37% | -25.16% | -22.22% | -35.17% | -35.52% | -41.79% | -60.67% | -178.69% | -76.30% | -37.54% | -44.67% | -32.21% | -1.09% | 5.52% | 9.09% | 14.82% | -11.13% | -13.19% | -22.32% |
other income, net: | |||||||||||||||||||||||||
interest expense | -32,300,000 | -31,900,000 | -32,600,000 | -34,600,000 | -35,400,000 | -29,900,000 | -27,700,000 | -27,700,000 | -27,200,000 | -27,400,000 | -26,600,000 | -22,200,000 | -20,900,000 | -16,500,000 | -9,100,000 | -8,800,000 | -8,600,000 | -9,100,000 | -4,900,000 | ||||||
interest income | 9,800,000 | 9,000,000 | 7,900,000 | 7,700,000 | 8,100,000 | 8,900,000 | 9,300,000 | 8,400,000 | 8,400,000 | 8,700,000 | 7,900,000 | 5,800,000 | 4,000,000 | 1,200,000 | 200,000 | 300,000 | 600,000 | 1,200,000 | 1,600,000 | 1,900,000 | 2,400,000 | 3,500,000 | 5,600,000 | 5,900,000 | 1,300,000 |
foreign exchange gain | -3,800,000 | 15,800,000 | 10,300,000 | -18,500,000 | 14,800,000 | -50,000 | -2,100,000 | 9,600,000 | 3,100,000 | 9,100,000 | 11,800,000 | ||||||||||||||
other income | -300,000 | -100,000 | 200,000 | -100,000 | 200,000 | 100,000 | 300,000 | -100,000 | 400,000 | 2,400,000 | 200,000 | -2,200,000 | 1,200,000 | -400,000 | -700,000 | -100,000 | -700,000 | -700,000 | -2,900,000 | -100,000 | -100,000 | ||||
total other income | -26,700,000 | -7,000,000 | -14,500,000 | -45,300,000 | -12,600,000 | 32,900,000 | -20,400,000 | -9,500,000 | -26,200,000 | -15,800,000 | -9,100,000 | -33,700,000 | -30,300,000 | -19,200,000 | -10,600,000 | -13,900,000 | -9,900,000 | -4,000,000 | 1,800,000 | 1,700,000 | 2,800,000 | 2,700,000 | 5,700,000 | 1,200,000 | |
income before income taxes | 14,600,000 | ||||||||||||||||||||||||
income tax expense | 700,000 | 800,000 | 800,000 | 875,000 | 800,000 | 1,900,000 | 800,000 | 2,400,000 | 1,300,000 | ||||||||||||||||
net income | 13,900,000 | 21,600,000 | -47,700,000 | -92,000,000 | -900,000 | -30,500,000 | -167,300,000 | -194,900,000 | -159,300,000 | -241,800,000 | -275,900,000 | -335,400,000 | -408,500,000 | -1,255,300,000 | -757,100,000 | -439,400,000 | -376,000,000 | -313,200,000 | -8,600,000 | 63,600,000 | 69,300,000 | 89,100,000 | -55,600,000 | -55,400,000 | -49,800,000 |
yoy | -1644.44% | -170.82% | -71.49% | -52.80% | -99.44% | -87.39% | -39.36% | -41.89% | -61.00% | -80.74% | -63.56% | -23.67% | 8.64% | 300.80% | 8703.49% | -790.88% | -642.57% | -451.52% | -84.53% | -214.80% | -239.16% | ||||
qoq | -35.65% | -145.28% | -48.15% | 10122.22% | -97.05% | -81.77% | -14.16% | 22.35% | -34.12% | -12.36% | -17.74% | -17.89% | -67.46% | 65.80% | 72.30% | 16.86% | 20.05% | 3541.86% | -113.52% | -8.23% | -22.22% | -260.25% | 0.36% | 11.24% | |
net income margin % | 2.52% | 3.56% | -7.64% | -13.65% | -0.15% | -4.74% | -23.31% | -26.21% | -26.75% | -37.66% | -36.84% | -42.31% | -66.26% | -184.96% | -78.51% | -38.75% | -46.70% | -33.43% | -0.68% | 5.97% | 9.14% | 14.68% | -10.60% | -11.88% | -21.84% |
net income attributable to class a and class b common stockholders | 13,900,000 | 21,600,000 | -47,700,000 | -92,000,000 | -900,000 | -30,500,000 | -167,300,000 | -194,900,000 | -159,300,000 | -241,800,000 | -275,900,000 | -335,400,000 | -408,500,000 | -1,255,300,000 | -757,100,000 | -439,400,000 | -376,000,000 | -313,200,000 | -8,600,000 | 63,600,000 | 69,300,000 | 89,100,000 | -55,600,000 | -55,400,000 | -49,800,000 |
earnings per share: | |||||||||||||||||||||||||
basic | 0.03 | ||||||||||||||||||||||||
diluted | 0.03 | ||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||
basic | 413,108,105 | ||||||||||||||||||||||||
diluted | 430,004,926 | ||||||||||||||||||||||||
other comprehensive income: | |||||||||||||||||||||||||
change in foreign currency translation adjustment | 3.3 | 1.8 | -15.8 | 13 | -9.9 | -1.5 | -2.1 | 0.8 | 1.9 | -3.1 | -1.5 | 3.9 | 5.3 | -1 | -5.6 | 1.9 | 0.2 | 4.3 | -2 | 5.3 | 3.9 | 2.6 | 0.1 | 4.7 | -1.3 |
total other comprehensive income | 3.3 | 1.8 | -15.8 | 13 | -9.9 | -1.5 | -2.1 | 0.8 | 1.9 | -3.1 | -1.2 | 4 | 4.8 | 1.9 | -7.9 | 1.2 | -1.1 | 4.1 | -2.6 | 4 | 2.6 | 9.8 | -3 | 4.5 | -1.3 |
comprehensive income | 17.3 | -395.05 | -765 | -438.2 | -377.1 | 32.05 | -11.2 | 67.5 | 71.9 | ||||||||||||||||
income before benefit from income taxes | -34,550,000 | -46,900,000 | -91,200,000 | -130,450,000 | -166,700,000 | -196,600,000 | -158,500,000 | -254,100,000 | -275,200,000 | -333,500,000 | -407,700,000 | -1,243,100,000 | -755,000,000 | -436,300,000 | -373,600,000 | -311,600,000 | -17,700,000 | 60,600,000 | 70,600,000 | 92,800,000 | -55,700,000 | -55,800,000 | -49,700,000 | ||
income tax benefit | 1,100,000 | 800,000 | 700,000 | -75,000 | 600,000 | 12,100,000 | 2,100,000 | 3,100,000 | -2,700,000 | -9,100,000 | -3,000,000 | -400,000 | |||||||||||||
net income per share | 0.06 | -0.12 | -0.24 | -0.07 | -0.45 | -0.54 | -0.44 | -0.67 | -0.79 | -0.98 | -1.2 | -3.81 | -2.27 | -1.39 | -1.25 | -1.07 | -0.03 | 0.22 | 0.24 | 0.48 | -0.2 | -0.2 | -1.29 | ||
weighted-average of shares of class a and class b common stock outstanding, basic and diluted | 394,010,264 | 385,591,039 | 378,776,423 | ||||||||||||||||||||||
comprehensive loss | 23.4 | -63.5 | -79 | -10.8 | -31.9 | -169.4 | -194.1 | -157.4 | -244.9 | -277.1 | -331.4 | -403.6 | 98.9 | -58.6 | -50.9 | -51.1 | |||||||||
weighted-average class a and class b common shares outstanding, basic and diluted | 390,037,997 | 365,546,334 | 367,931,183 | 362,334,326 | 358,547,563 | 346,670,699 | 350,426,631 | 341,930,937 | 339,011,157 | 322,368,818 | 293,892,643 | 220,952,237 | 280,879,011 | 279,974,823 | 38,453,864 | ||||||||||
derivative adjustments: | |||||||||||||||||||||||||
reclassification for derivative adjustments included in net income | 0.3 | 0.1 | -0.5 | 4.4 | 1.4 | ||||||||||||||||||||
income tax (benefit) expense | -1,700,000 | -125,000 | -100,000 | ||||||||||||||||||||||
foreign exchange loss | -7,800,000 | ||||||||||||||||||||||||
goodwill impairment | 181,900,000 | ||||||||||||||||||||||||
net unrealized losses on marketable securities | -0.1 | -0.2 | -0.2 | -0.8 | -0.6 | -1.3 | -1.3 | ||||||||||||||||||
net unrealized loss on hedging derivatives | -1.6 | -3.6 | -0.5 | -1 | |||||||||||||||||||||
total other (expense) | -2,200,000 | ||||||||||||||||||||||||
foreign exchange losses | -17,000,000 | -12,700,000 | -11,500,000 | -1,700,000 | -5,200,000 | -2,000,000 | -700,000 | ||||||||||||||||||
impairment expense and loss on disposals on long-lived assets | 10,625,000 | 32,500,000 | |||||||||||||||||||||||
weighted-average class a and class b common shares outstanding, basic | 333,864,579 | 317,110,297 | 301,161,474 | 295,646,824 | 292,462,184 | 288,719,834 | |||||||||||||||||||
weighted-average class a and class b common shares outstanding, diluted | 333,864,579 | 317,110,297 | 301,161,474 | 295,646,824 | 347,886,695 | 342,101,984 | |||||||||||||||||||
other | 4,350,000 | 6,100,000 | 8,000,000 | 3,300,000 | |||||||||||||||||||||
change in unrealized loss on marketable securities | -0.825 | -3.1 | |||||||||||||||||||||||
change in unrealized gain on marketable securities | -0.2 | ||||||||||||||||||||||||
revenue | |||||||||||||||||||||||||
cost of revenue | |||||||||||||||||||||||||
benefit from income taxes | 100,000 |
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.
