7Baggers

Peloton Interactive, Inc
(NASDAQ:PTON) 

PTON stock logo

Peloton Interactive, Inc. provides interactive fitness products in North America and internationally. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness s...

Founded: 2012
IPO Price: $29 (Sep 26, 2019)
Full Time Employees: 3,800 (Oct 2022)
CEO / Founder: John Foley 
Sector: Consumer Cyclical
Industry: Leisure
Sports EquipmentsFitness
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At a glance:
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Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 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
    		202,900,000 243,900,000 152,400,000 198,600,000 205,500,000 253,400,000 159,600,000 212,100,000 279,900,000 319,100,000 180,600,000 220,400,000 324,100,000 381,400,000 204,200,000 295,600,000 594,400,000 796,400,000 501,000,000 655,300,000 1,022,900,000 870,100,000 601,400,000 503,300,000 420,200,000 381,100,000 157,600,000 
      subscription
    		428,000,000 412,600,000 398,400,000 408,300,000 418,500,000 420,600,000 426,300,000 431,400,000 437,800,000 424,500,000 415,000,000 421,800,000 424,700,000 411,300,000 412,300,000 383,100,000 369,900,000 337,500,000 304,100,000 281,600,000 239,400,000 194,700,000 156,500,000 121,200,000 98,200,000 77,100,000 67,200,000 
      total revenue
    		630,900,000 656,500,000 550,800,000 606,900,000 624,000,000 673,900,000 586,000,000 643,600,000 717,700,000 743,600,000 595,500,000 642,100,000 748,900,000 792,700,000 616,500,000 678,700,000 964,300,000 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
    		1.11% -2.58% -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
    		-3.90% 19.19% -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
    		303,700,000 325,200,000 267,100,000 278,800,000 306,000,000 355,600,000 282,200,000 331,600,000 408,000,000 444,200,000 310,100,000 441,100,000 478,700,000 557,600,000 399,300,000 708,500,000 780,100,000 853,700,000 542,500,000 683,200,000 817,400,000 640,000,000 429,200,000 318,200,000 278,800,000 269,100,000 122,900,000 
      gross profit
    		327,300,000 331,300,000 283,700,000 328,100,000 318,100,000 318,400,000 303,800,000 312,000,000 309,700,000 299,400,000 285,400,000 201,100,000 270,200,000 235,000,000 217,200,000 -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
    		2.89% 4.05% -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
    		-1.21% 16.78% -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 %
    		51.88% 50.46% 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
    		98,100,000 152,100,000 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
    		110,400,000 102,900,000 100,800,000 125,100,000 151,400,000 131,300,000 119,500,000 186,100,000 153,000,000 160,800,000 151,100,000 162,800,000 249,200,000 192,600,000 193,500,000 232,100,000 242,300,000 248,700,000 240,300,000 232,100,000 180,600,000 141,100,000 108,600,000 86,200,000 126,900,000 77,500,000 60,900,000 
      research and development
    		58,800,000 65,000,000 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
    		3,400,000 23,000,000 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
    		4,100,000 2,700,000 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
    		274,800,000 345,600,000 242,400,000 298,500,000 350,500,000 364,300,000 291,200,000 375,400,000 455,900,000 486,500,000 417,600,000 426,800,000 536,200,000 566,400,000 591,100,000 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
    		52,500,000 -14,300,000 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
    		-262.04% -68.85% 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
    		-467.13% -134.62% 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 %
    		8.32% -2.18% 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 expense, net:
    		                           
      interest expense
    		-30,000,000 -31,500,000 -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
    		8,700,000 9,200,000 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
    		-4,300,000  -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 expense
    		  -300,000                   -100,000 -700,000 -700,000 -2,900,000 -100,000 -100,000 
      total other expense
    		-25,600,000 -24,700,000 -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 -10,950,000 -19,200,000           
      income before income taxes
    		26,900,000 -39,000,000 14,600,000                         
      income tax expense
    		400,000 -200,000 700,000 1,100,000 800,000 700,000 800,000 100,000 600,000 -1,700,000 800,000 200,000 800,000 1,900,000 800,000 12,100,000 2,100,000  2,400,000    1,300,000 3,800,000 -100,000   
      net income
    		26,400,000 -38,800,000 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
    		-155.35% -57.83% -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
    		-168.04% -379.14% -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 %
    		4.18% -5.91% 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
    		26,400,000  13,900,000             -393,100,000 -757,100,000 -439,400,000 -376,000,000 31,050,000 -8,600,000 63,600,000 69,300,000     
      earnings per share:
    		                           
      basic
    		0.06  0.03                         
      diluted
    		0.06  0.03                         
      weighted-average common shares outstanding:
    		                           
      basic
    		428,911,447  413,108,105                         
      diluted
    		512,261,196  430,004,926                         
      other comprehensive income:
    		                           
      change in foreign currency translation adjustment
    		3.6 3.3 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
    		3.6 3.3 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
    		30.1  17.3             -395.05 -765 -438.2 -377.1 32.05 -11.2 67.5 71.9     
      foreign exchange loss
    		 -2,400,000         -7,800,000                 
      other income
    		 100,000   -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         
      net loss attributable to class a and class b common stockholders
    		 -38,800,000  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         89,100,000 -55,600,000 -55,400,000 -49,800,000 
      net income per share
    		 -0.09  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 class a and class b common shares outstanding, basic and diluted
    		 421,310,905  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 
      comprehensive loss
    		 -35.5  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 
      income before provision for income taxes
    		   -34,550,000 -46,900,000 -91,200,000  -130,450,000 -166,700,000 -196,600,000 -158,500,000 -241,600,000 -275,200,000 -333,500,000 -407,700,000 -1,243,100,000 -755,000,000  -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 
      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                     
      derivative adjustments:
    		                           
      reclassification for derivative adjustments included in net loss
    		            0.3 0.1 -0.5             
      goodwill impairment
    		                181,900,000           
      other income, net:
    		                           
      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     
      reclassification for derivative adjustments included in net income
    		               4.4 1.4           
      total other income
    		                 -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 benefit from income taxes
    		                 -436,300,000          
      income tax benefit
    		                 3,100,000  -2,700,000 -9,100,000 -3,000,000    -400,000  
      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
    		                           
      provision for income taxes
    		                          100,000 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 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 
                                
        assets
      		                          
        current assets:
      		                          
        cash and cash equivalents
      		1,179,600,000 1,103,600,000 1,039,500,000 914,300,000 829,000,000 722,300,000 697,600,000 794,500,000 737,700,000 748,500,000 813,900,000 873,600,000 871,000,000 938,500,000 1,253,900,000 879,300,000 1,606,900,000 612,600,000 1,134,800,000 2,055,900,000 1,248,400,000 1,430,500,000 1,035,500,000 509,000,000 532,800,000 1,375,900,000 
        accounts receivable
      		94,600,000 70,400,000 101,200,000 93,600,000 96,800,000 101,800,000 103,600,000 101,700,000 141,000,000 99,800,000 97,200,000 108,300,000 125,100,000 81,900,000 83,600,000 74,700,000 94,700,000 81,100,000 71,400,000 30,300,000 54,100,000 49,900,000 34,600,000 51,200,000 22,000,000 20,900,000 
        inventories
      		214,900,000 237,700,000 205,600,000 213,500,000 257,800,000 333,300,000 329,700,000 354,400,000 427,200,000 514,600,000 522,600,000 625,700,000 790,600,000 993,200,000 1,104,500,000 1,410,000,000 1,541,300,000 1,269,200,000 937,100,000 614,200,000 522,800,000 364,000,000 244,500,000 194,200,000 243,600,000 205,600,000 
        prepaid expenses and other current assets
      		67,000,000 100,400,000 91,300,000 118,900,000 123,900,000 127,600,000 135,100,000 170,300,000 220,700,000 224,500,000 205,400,000 210,000,000 271,600,000 279,200,000 192,500,000 207,300,000 213,700,000 280,700,000 202,800,000 184,000,000 172,600,000 146,300,000 124,500,000 114,500,000 104,300,000 46,500,000 
        total current assets
      		1,556,200,000 1,512,100,000 1,437,600,000 1,340,300,000 1,307,500,000 1,285,100,000 1,266,000,000 1,421,000,000 1,526,500,000 1,587,500,000 1,639,100,000 1,817,600,000 2,058,300,000 2,292,900,000 2,634,600,000 2,571,300,000 3,456,600,000 2,555,100,000 2,818,100,000 3,513,800,000 2,860,000,000 2,583,000,000 2,158,600,000 1,792,700,000 1,857,100,000 1,749,300,000 
        property and equipment
      		191,600,000 219,300,000 239,000,000 257,500,000 294,700,000 330,500,000 353,700,000 384,300,000 398,600,000 420,300,000 444,800,000 478,600,000 485,500,000 495,900,000 610,900,000 754,000,000 737,600,000 682,200,000 591,900,000 473,000,000 405,100,000 295,500,000 242,300,000 207,300,000 159,100,000 119,700,000 
        intangible assets
      		1,100,000 3,400,000 5,600,000 7,800,000 10,000,000 12,400,000 15,000,000 17,500,000 20,100,000 22,800,000 25,600,000 29,300,000 33,300,000 37,300,000 41,300,000 218,200,000 229,200,000 238,100,000 247,900,000 78,500,000 38,900,000 14,700,000 16,000,000 17,300,000 17,000,000 18,300,000 
        goodwill
      		44,000,000 44,000,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 41,200,000 224,400,000 212,700,000 210,100,000 65,300,000 40,800,000 39,700,000 39,100,000 38,100,000 38,800,000 4,300,000 
        restricted cash
      		43,600,000 46,000,000 46,200,000 47,700,000 47,900,000 49,700,000 53,200,000 54,200,000 60,400,000 61,400,000 71,600,000 79,300,000 80,900,000 78,100,000 3,800,000 86,900,000 87,700,000 900,000 900,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,600,000 800,000 
        operating lease right-of-use assets
      		310,600,000 328,700,000 338,900,000 351,400,000 387,200,000 416,900,000 435,000,000 468,100,000 499,300,000 515,000,000 524,100,000 545,700,000 573,000,000 616,100,000 662,500,000 703,700,000 705,500,000 684,300,000 580,100,000 550,700,000 537,600,000      
        other assets
      		17,500,000 16,700,000 16,800,000 18,900,000 21,100,000 21,300,000 21,000,000 22,200,000 23,200,000 24,500,000 22,700,000 24,600,000 29,000,000 31,100,000 34,300,000 39,400,000 41,600,000 41,300,000 36,700,000 29,700,000 26,500,000 26,400,000 31,800,000 28,000,000 18,500,000 9,900,000 
        total assets
      		2,164,600,000 2,170,100,000 2,125,300,000 2,064,800,000 2,109,800,000 2,157,100,000 2,185,200,000 2,408,500,000 2,569,400,000 2,672,800,000 2,769,100,000 3,016,300,000 3,301,100,000 3,592,500,000 4,028,500,000 4,414,800,000 5,482,500,000 4,414,500,000 4,485,600,000 4,712,400,000 3,910,500,000 3,477,500,000 2,981,800,000 2,569,400,000 2,584,200,000 2,387,700,000 
        liabilities and stockholders’ deficit
      		                          
        current liabilities:
      		                          
        accounts payable and accrued expenses
      		349,500,000 377,100,000 372,700,000 375,700,000 390,600,000 399,800,000 432,300,000 474,900,000 513,100,000 485,500,000 478,400,000 514,900,000 591,700,000 622,300,000 797,400,000 716,800,000 1,136,000,000 1,012,800,000 989,100,000 855,200,000 721,400,000      
        deferred revenue and customer deposits
      		155,700,000 140,600,000 150,700,000 156,400,000 159,700,000 154,500,000 163,700,000 182,300,000 189,200,000 173,700,000 187,300,000 200,500,000 210,700,000 197,400,000             
        current portion of debt
      		208,900,000 208,700,000 208,500,000 208,200,000                       
        operating lease liabilities, current
      		67,400,000 67,600,000 70,100,000 70,500,000 70,100,000 73,000,000 75,300,000 78,100,000 79,100,000 79,700,000 83,500,000 87,900,000 86,300,000 89,800,000 86,400,000 87,600,000 80,800,000 70,500,000 61,900,000 45,200,000 41,700,000      
        other current liabilities
      		3,300,000 1,000,000 2,000,000 1,000,000 4,400,000 2,900,000 3,900,000 2,700,000 4,400,000 3,600,000 4,600,000 2,500,000 7,000,000 10,300,000 13,200,000 15,900,000 24,400,000 15,200,000 27,200,000 18,600,000 10,200,000   31,400,000 28,400,000 21,400,000 
        total current liabilities
      		784,800,000 795,000,000 803,900,000 811,700,000 634,700,000 640,200,000 685,200,000 745,500,000 793,300,000 750,000,000 761,400,000 813,200,000 903,200,000 927,200,000 1,105,500,000 1,031,300,000 1,481,700,000 1,303,700,000 1,243,000,000 1,282,700,000 1,384,400,000 1,093,700,000 772,200,000 539,900,000 535,800,000 327,600,000 
        convertible senior notes, net of current portion
      		344,300,000 343,900,000 343,600,000 343,300,000                       
        term loan, net of current portion
      		945,500,000 946,100,000 946,900,000 947,600,000                       
        operating lease liabilities, non-current
      		380,800,000 396,300,000 407,500,000 422,200,000 457,100,000 482,000,000 503,300,000 543,500,000 566,300,000 585,700,000 593,800,000 619,500,000 647,200,000 691,600,000 725,400,000 736,000,000 743,700,000 726,300,000 620,400,000 589,300,000 577,500,000      
        other non-current liabilities
      		36,000,000 35,800,000 37,200,000 31,300,000 25,800,000 25,600,000 25,700,000 26,300,000 27,100,000 27,700,000 30,100,000 33,100,000 44,100,000 40,500,000 50,700,000 39,300,000 41,500,000 39,500,000 38,300,000 25,600,000 20,200,000 29,100,000 23,400,000 14,500,000 7,100,000 400,000 
        total liabilities
      		2,491,300,000 2,517,200,000 2,539,100,000 2,556,200,000 2,607,000,000 2,637,400,000 2,704,300,000 2,998,900,000 3,068,600,000 3,043,800,000 3,064,200,000 3,143,300,000 3,270,600,000 3,334,000,000 3,435,600,000 2,661,800,000 3,113,600,000 2,907,600,000 2,731,500,000 2,719,100,000 1,982,100,000 1,676,500,000 1,303,800,000 1,052,100,000 1,039,000,000 811,800,000 
        commitments and contingencies
      		                          
        stockholders' deficit
      		                          
        common stock
      		                          
        additional paid-in capital
      		5,289,100,000 5,233,200,000 5,183,800,000 5,129,700,000 5,060,300,000 4,998,200,000 4,948,600,000 4,845,400,000 4,767,100,000 4,701,400,000 4,619,800,000 4,543,000,000 4,423,400,000 4,320,000,000 4,291,300,000 4,197,900,000 4,048,800,000 2,748,600,000 2,618,900,000 2,548,900,000 2,472,700,000 2,412,900,000 2,361,800,000 2,300,000,000 2,269,300,000 2,249,100,000 
        accumulated other comprehensive income
      		11,600,000 8,400,000 5,100,000 3,200,000 19,000,000 6,000,000 15,900,000 17,400,000 19,500,000 18,700,000 16,800,000 19,900,000 21,100,000 17,100,000 12,200,000 10,400,000 18,300,000 17,100,000 18,200,000 14,100,000 16,600,000 12,700,000 10,100,000 300,000 3,300,000 -1,100,000 
        accumulated deficit
      		-5,627,400,000 -5,588,700,000 -5,602,600,000 -5,624,200,000 -5,576,500,000 -5,484,600,000 -5,483,700,000 -5,453,200,000 -5,285,900,000 -5,091,000,000 -4,931,800,000 -4,690,000,000 -4,414,000,000 -4,078,600,000 -3,710,600,000 -2,455,300,000 -1,698,200,000 -1,258,800,000 -883,000,000 -569,600,000 -561,000,000 -624,600,000 -693,900,000 -783,000,000 -727,400,000 -672,000,000 
        total stockholders' deficit
      		-326,700,000                          
        total liabilities and stockholders' deficit
      		2,164,600,000 2,170,100,000  2,064,800,000 2,109,800,000 2,157,100,000  2,408,500,000 2,569,400,000 2,672,800,000                 
        stockholders’ deficit
      		                          
        total stockholders’ deficit
      		 -347,000,000 -413,800,000 -491,300,000 -497,200,000 -480,300,000 -519,100,000 -590,400,000 -499,300,000 -370,900,000                 
        total liabilities and stockholders’ deficit
      		  2,125,300,000    2,185,200,000                    
        current portion of long-term debt
      		    10,000,000 10,000,000                     
        convertible senior notes
      		    541,000,000 540,500,000 540,000,000         855,300,000 846,700,000 838,200,000 829,800,000 821,500,000       
        term loan
      		    948,300,000 949,100,000 950,100,000 692,100,000 691,600,000 691,200,000 690,900,000 690,600,000 690,400,000 690,100,000 690,000,000            
        current portion of long term debt
      		      10,000,000        7,500,000            
        current portion of long-term debt and other bank borrowings
      		       7,500,000 7,500,000 7,500,000  7,500,000 7,500,000 7,500,000             
        0% convertible senior notes
      		       991,400,000 990,300,000 989,100,000 988,000,000 986,900,000 985,700,000 984,600,000 864,000,000            
        liabilities and stockholders’ (deficit) equity
      		                          
        current portion of long term debt and other bank borrowings
      		          7,500,000                
        stockholders’ (deficit) equity
      		                          
        total stockholders’ (deficit) equity
      		          -295,100,000 -127,000,000               
        total liabilities and stockholders’ (deficit) equity
      		          2,769,100,000                
        revenue:
      		                          
        connected fitness products
      		          1,130,200,000 324,100,000               
        subscription
      		          1,670,100,000 424,700,000               
        total revenue
      		          2,800,200,000 748,900,000               
        cost of revenue:
      		                          
        total cost of revenue
      		          1,876,700,000 478,700,000               
        gross profit
      		          923,500,000 270,200,000               
        operating expenses:
      		                          
        sales and marketing
      		          648,200,000 154,600,000               
        general and administrative
      		          798,100,000 249,200,000               
        research and development
      		          318,400,000 78,200,000               
        goodwill impairment
      		                          
        impairment expense
      		          144,500,000 39,400,000               
        restructuring expense
      		          189,400,000 12,000,000               
        supplier settlements
      		          22,000,000 2,900,000               
        total operating expenses
      		          2,120,600,000 536,200,000               
        income from operations
      		          -1,197,100,000 -266,000,000               
        other income, net:
      		                          
        interest expense
      		          -97,100,000 -26,600,000               
        interest income
      		          26,400,000 7,900,000               
        foreign exchange gain
      		          7,000,000 9,100,000               
        other income
      		          2,900,000 400,000               
        total other income
      		          -60,900,000 -9,100,000               
        income before benefit for income taxes
      		          -1,258,000,000                
        income tax benefit
      		          3,700,000                
        net income
      		          -1,261,700,000 -275,900,000               
        net income attributable to class a and class b common stockholders
      		          -1,261,700,000 -275,900,000               
        net income per share
      		          -3,640,000 -790,000               
        weighted-average class a and class b common shares outstanding, basic and diluted
      		          346,670,699,000,000 350,426,631,000,000               
        other comprehensive income:
      		                          
        net unrealized gains on marketable securities
      		                          
        change in foreign currency translation adjustment
      		          3,600,000 -1,500,000               
        derivative adjustments:
      		                          
        net unrealized loss on hedging derivatives
      		                          
        reclassification for derivative adjustments included in net income
      		          1,000,000 300,000               
        total other comprehensive income
      		          4,600,000 -1,200,000               
        comprehensive loss
      		          -1,257,100,000 -277,100,000               
        total liabilities and stockholders' (deficit) equity
      		           3,016,300,000               
        income before benefit from income taxes
      		           -275,200,000               
        income tax expense
      		           800,000               
        net unrealized losses on marketable securities
      		                          
        liabilities and stockholders’ equity
      		                          
        stockholders’ equity
      		                          
        total stockholders’ equity
      		            30,500,000 258,500,000 592,900,000 1,753,000,000 2,368,900,000 1,506,900,000 1,754,100,000 1,993,400,000 1,928,300,000 1,801,000,000 1,678,000,000 1,517,300,000 1,545,200,000 1,576,000,000 
        total liabilities and stockholders' equity
      		            3,301,100,000 3,592,500,000             
        marketable securities
      		                 311,600,000 472,000,000 629,400,000 862,100,000 592,300,000 719,500,000 923,700,000 954,300,000 100,400,000 
        customer deposits and deferred revenue
      		              201,100,000 211,000,000 240,500,000 205,200,000 164,800,000 363,700,000 611,000,000 521,200,000 363,600,000 215,200,000 159,600,000 99,200,000 
        total liabilities and stockholders’ equity
      		              4,028,500,000 4,414,800,000 5,482,500,000 4,414,500,000 4,485,600,000 4,712,400,000 3,910,500,000 3,477,500,000     
        right-of-use assets
      		                     516,700,000 492,500,000    
        accounts payable
      		                     275,000,000 135,800,000 141,500,000 182,500,000 90,700,000 
        accrued expenses
      		                     246,700,000 225,900,000 151,700,000 165,300,000 116,200,000 
        current portion of lease liabilities and other current liabilities
      		                     50,800,000 46,900,000    
        long term lease liabilities
      		                     553,700,000 508,200,000    
        liabilities, redeemable convertible preferred stock, and stockholders’ equity
      		                          
        deferred rent
      		                          
        build-to-suit liability
      		                          
        redeemable convertible preferred stock
      		                          
        total liabilities, redeemable convertible preferred stock, and stockholders’ equity
      		                      2,981,800,000 2,569,400,000 2,584,200,000 2,387,700,000 
        right-of-use asset
      		                       484,600,000 492,100,000 485,500,000 
        long term lease liability
      		                       497,700,000 496,100,000 483,800,000 
        liabilities, redeemable convertible preferred stock, and stockholders’ deficit
      		                          
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 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 
                                  
          cash flows from operating activities:
        		                          
          net loss
        		  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         89,100,000 -55,500,000 -55,400,000 -49,800,000 
          adjustments to reconcile net loss to net cash from operating activities:
        		                          
          depreciation and amortization expense
        		15,300,000 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
        		55,700,000 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
        		11,700,000 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 2,400,000 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
        		23,000,000 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
        		2,400,000 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
        		-24,200,000 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
        		25,700,000 -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 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 
          accounts payable and accrued expenses
        		-33,500,000 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
        		14,700,000 -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
        		-19,000,000 -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
        		-300,000 -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 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
        		-900,000 -4,500,000 -4,700,000 -2,100,000 -700,000 -1,800,000 -6,700,000 -3,000,000 -5,900,000 -4,100,000 -18,600,000 -14,300,000 0 0 0 -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 
          free cash flows
        		71,000,000 67,400,000 112,400,000 94,600,000 106,000,000 10,700,000 26,000,000 8,600,000 -37,100,000 -83,300,000 -74,000,000 -55,200,000 -88,500,000 -202,800,000 -342,200,000 -735,400,000 -537,800,000 -648,200,000 -672,100,000 -199,700,000 128,200,000 262,900,000 281,000,000 -45,400,000 83,100,000 -98,700,000 
          business combinations
        		0 -2,200,000                         
          proceeds from sale of peloton output park
        		  0 0 0 4,200,000 0                    
          net cash from investing activities
        		-900,000 -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 -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
        		1,500,000 700,000         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
        		200,000 100,000 700,000 -100,000 600,000 6,500,000  14,000,000 8,400,000 10,700,000                 
          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       
          net cash from financing activities
        		-900,000 -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
        		3,500,000 300,000 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
        		73,500,000 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
        		0 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
        		73,600,000 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 -67,400,000 1,000,000 -64,700,000 1,016,600,000  -728,400,000           
          supplemental disclosures of cash flow information:
        		                          
          cash paid for interest
        		33,800,000 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 22,300,000 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
        		1,700,000 3,200,000 -1,400,000 900,000 2,000,000 1,100,000  -2,900,000 700,000 1,200,000 2,000,000 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             
          net income
        		 13,900,000             -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     
          adjustments to reconcile net income to net cash from operating activities:
        		                          
          prepaid expenses and other assets, current and non-current
        		 -9,500,000                         
          loss on sale of subsidiary
        		      0 0                   
          gain on debt extinguishment of convertible notes
        		                          
          loss on debt extinguishment of term loan
        		                          
          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
        		                          
          foreign exchange loss
        		   -10,300,000 18,500,000 -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                 
          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 loss
        		                          
          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