10-Q Filing

PELOTON INTERACTIVE, INC. CIK: 1639825 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001639825-20-000011`
Period End Date	20191231
Filing Date	20200206
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	pton-20191231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 84 Cash Flow Statement 78 Stockholders Equity 42

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$532.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.10M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$954.30M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$216.00M	USD	Point-in-time
Accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$22.00M	USD	Point-in-time
Accounts receivable, net of allowances	`AccountsReceivableNetCurrent`	$18.50M	USD	Point-in-time
Inventories, net	`InventoryNet`	$243.60M	USD	Point-in-time
Inventories, net	`InventoryNet`	$136.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$48.40M	USD	Point-in-time
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Redeemable convertible preferred stock, par value (in dollars per share)	`TemporaryEquityParOrStatedValuePerShare`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$104.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$581.70M	USD	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	215.44M	shares	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.86B	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$159.10M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	210.64M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$249.70M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$19.50M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$17.00M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	210.64M	shares	Point-in-time
Goodwill	`Goodwill`	$38.80M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Goodwill	`Goodwill`	$4.30M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.60M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$800.00K	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$492.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.50M	USD	Point-in-time
Total assets	`Assets`	$864.50M	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$92.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$182.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$104.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$165.30M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$159.60M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$90.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$28.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$535.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$290.80M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$23.70M	USD	Point-in-time
Build-to-suit liability	`BuildToSuitLeaseLiability`	$147.10M	USD	Point-in-time
Long term lease liability	`OperatingLeaseLiabilityNoncurrent`	$496.10M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$400.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$462.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable convertible preferred stock, $0.000025 par value, zero and 215,443,468 shares authorized; zero and 210,640,629 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable convertible preferred stock, $0.000025 par value, zero and 215,443,468 shares authorized; zero and 210,640,629 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively.	`TemporaryEquityCarryingAmountAttributableToParent`	$941.10M	USD	Point-in-time
Common stock, $0.000025 par value; 2,500,000,000 and zero Class A shares authorized, 43,794,644 and zero shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively; 2,500,000,000 and 400,000,000 Class B shares authorized, 236,819,934 and 25,301,604 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively.	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.000025 par value; 2,500,000,000 and zero Class A shares authorized, 43,794,644 and zero shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively; 2,500,000,000 and 400,000,000 Class B shares authorized, 236,819,934 and 25,301,604 shares issued and outstanding as of December 31, 2019 and June 30, 2019, respectively.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$90.70M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-727.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-629.50M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-479.50M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$1.55B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-315.60M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-368.70M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$864.50M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.30M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$262.90M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$375.00M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$694.30M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$269.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$392.10M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$151.50M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$212.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$111.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$162.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$197.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$302.20M	USD	2 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$99.50M	USD	1 Quarter
Selling and marketing expense	`SellingAndMarketingExpense`	$160.50M	USD	1 Quarter
Selling and marketing expense	`SellingAndMarketingExpense`	$238.10M	USD	2 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$145.00M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$77.50M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$105.40M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$138.50M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$55.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$24.00M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$20.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.10M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$258.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$274.40M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$414.60M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$167.30M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-56.00M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-111.50M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-112.40M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-61.50M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$7.10M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$5.90M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$2.20M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.20M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-200.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$900.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$6.90M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$1.90M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$5.70M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-55.80M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.50M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-55.10M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-109.60M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-400.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-400.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-109.60M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-105.20M	USD	2 Qtrs
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-55.40M	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-159.70M	USD	2 Qtrs
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-105.20M	USD	1 Quarter
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.66	USD	2 Qtrs
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-6.83	USD	2 Qtrs
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-4.83	USD	1 Quarter
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	1 Quarter
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.78M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	279.97M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.39M	shares	2 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	159.21M	shares	2 Qtrs
Change in unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	2 Qtrs
Change in unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-200.00K	USD	2 Qtrs
Change in unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Change in unrealized gain (loss) on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.70M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.40M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$600.00K	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$700.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$700.00K	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.10M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$600.00K	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-50.90M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-109.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-54.40M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-102.00M	USD	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-55.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-109.60M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$17.20M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$9.20M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$35.80M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$68.50M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$-200.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$200.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$200.00K	USD	2 Qtrs
Amortization of premium from marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Amortization of premium from marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$500.00K	USD	2 Qtrs
Non-cash operating lease expense	`NoncashOperatingLeaseLiabilitiesNet`	$21.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$82.10M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.20M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.10M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.50M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.10M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.50M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$122.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$98.00M	USD	2 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$68.30M	USD	2 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$50.00M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-17.50M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.40M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.70M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$973.10M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$141.50M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$55.40M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$45.90M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$100.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.80M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-870.80M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.90M	USD	2 Qtrs
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$1.20B	USD	2 Qtrs
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Repurchase of common and convertible preferred stock, including issuance costs	`PaymentsForRepurchaseOfEquity`	$130.30M	USD	2 Qtrs
Repurchase of common and convertible preferred stock, including issuance costs	`PaymentsForRepurchaseOfEquity`	-	USD	2 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$539.10M	USD	2 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	-	USD	2 Qtrs
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$2.00M	USD	2 Qtrs
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.60M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.20M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$410.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.20B	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00K	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$405.80M	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$371.40M	USD	2 Qtrs
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$557.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$534.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$151.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$557.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$400.00K	USD	2 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$941.10M	USD	2 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	2 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$7.70M	USD	2 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$1.60M	USD	2 Qtrs
Building - build-to-suit asset	`BuildToSuitLeaseAsset`	-	USD	2 Qtrs
Building - build-to-suit asset	`BuildToSuitLeaseAsset`	$112.90M	USD	2 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$200.00K	USD	2 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$900.00K	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$6.30M	USD	2 Qtrs
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	210.64M	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$941.10M	USD	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	210.64M	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$941.10M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-479.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-315.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-368.70M	USD	Point-in-time
Repurchase of common and preferred stock	`StockRepurchasedDuringPeriodValue`	$97.80M	USD	1 Quarter
Repurchase of common and preferred stock	`StockRepurchasedDuringPeriodValue`	$97.80M	USD	2 Qtrs
Initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$1.20B	USD	2 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$941.10M	USD	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	991,108.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.40M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.10M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.70M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.70M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$40.50M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$700.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.10M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$600.00K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.10M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-109.60M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-479.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-315.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-368.70M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.