10-Q Filing

PELOTON INTERACTIVE, INC. CIK: 1639825 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001639825-20-000068`
Period End Date	20200331
Filing Date	20200506
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	pton-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 84 Cash Flow Statement 80 Stockholders Equity 43

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$509.00M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$923.70M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$216.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$18.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$51.20M	USD	Point-in-time
Inventories, net	`InventoryNet`	$136.60M	USD	Point-in-time
Inventories, net	`InventoryNet`	$194.20M	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`	$114.50M	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`	$48.40M	USD	Point-in-time
Redeemable convertible preferred stock, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.79B	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$249.70M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	0.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$207.30M	USD	Point-in-time
Redeemable convertible preferred stock, shares issued (in shares)	`TemporaryEquitySharesIssued`	210.64M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$19.50M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$17.30M	USD	Point-in-time
Redeemable convertible preferred stock, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	210.64M	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Goodwill	`Goodwill`	$4.30M	USD	Point-in-time
Goodwill	`Goodwill`	$38.10M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$800.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.50M	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	$484.60M	USD	Point-in-time
Right-of-use asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$28.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$8.50M	USD	Point-in-time
Total assets	`Assets`	$864.50M	USD	Point-in-time
Total assets	`Assets`	$2.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$92.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$141.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$104.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$151.70M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$90.80M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$215.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$290.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$539.90M	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`	$497.70M	USD	Point-in-time
Long term lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$400.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$14.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$462.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.05B	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 March 31, 2020 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 March 31, 2020 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, 175,029,321 and zero shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively; 2,500,000,000 and 400,000,000 Class B shares authorized, 107,144,281 and 25,301,604 shares issued and outstanding as of March 31, 2020 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, 175,029,321 and zero shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively; 2,500,000,000 and 400,000,000 Class B shares authorized, 107,144,281 and 25,301,604 shares issued and outstanding as of March 31, 2020 and June 30, 2019, respectively.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$90.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.30B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$300.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-629.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-783.00M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-315.60M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$1.55B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-508.70M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-479.50M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$864.50M	USD	Point-in-time
Total liabilities, redeemable convertible preferred stock, and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.57B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$316.70M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$524.60M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$691.70M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.22B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$670.90M	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$196.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$278.80M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$408.20M	USD	3 Qtrs
Gross profit	`GrossProfit`	$548.00M	USD	3 Qtrs
Gross profit	`GrossProfit`	$283.50M	USD	3 Qtrs
Gross profit	`GrossProfit`	$245.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$120.60M	USD	1 Quarter
Selling and marketing expense	`SellingAndMarketingExpense`	$246.10M	USD	3 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$392.80M	USD	3 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$154.80M	USD	1 Quarter
Selling and marketing expense	`SellingAndMarketingExpense`	$101.10M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$265.40M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$126.90M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$47.00M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$152.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$37.80M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$60.60M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$22.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$436.40M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$718.80M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$162.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$304.20M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-58.40M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-41.40M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-170.80M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-152.90M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$3.00M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$12.70M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$5.20M	USD	3 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$5.60M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.90M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.10M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$4.90M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$2.70M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$9.60M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-55.70M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-161.20M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-38.40M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-148.00M	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$200.00K	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$200.00K	USD	1 Quarter
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-500.00K	USD	3 Qtrs
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-100.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-160.70M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-148.20M	USD	3 Qtrs
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-198.30M	USD	3 Qtrs
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-38.60M	USD	1 Quarter
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-160.70M	USD	3 Qtrs
Net loss attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-55.60M	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
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.80	USD	3 Qtrs
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-1.76	USD	1 Quarter
Net loss per share attributable Class A and Class B common stockholders (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-8.37	USD	3 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.67M	shares	3 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	199.77M	shares	3 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	280.88M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.96M	shares	1 Quarter
Change in unrealized loss on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	3 Qtrs
Change in unrealized loss on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.30M	USD	3 Qtrs
Change in unrealized loss on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	-	USD	1 Quarter
Change in unrealized loss on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-3.10M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.40M	USD	3 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$300.00K	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.00M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$100.00K	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-58.60M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-38.20M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-160.60M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-147.20M	USD	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-160.70M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-148.20M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$28.20M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$15.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$76.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$56.30M	USD	3 Qtrs
Non-cash operating lease expense	`NoncashOperatingLeaseLiabilitiesNet`	$33.50M	USD	3 Qtrs
Non-cash operating lease expense	`NoncashOperatingLeaseLiabilitiesNet`	-	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-4.10M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-300.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$13.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$46.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$86.50M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$24.30M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.90M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$18.20M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.60M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$80.70M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$64.00M	USD	3 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$13.10M	USD	3 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$124.00M	USD	3 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-20.70M	USD	3 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	-	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$14.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.30M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-75.60M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$49.10M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$204.00M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.20B	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$331.50M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	-	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$118.00M	USD	3 Qtrs
Cash paid for cost method investment	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$100.00K	USD	3 Qtrs
Cash paid for cost method investment	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$600.00K	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$100.00K	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$45.60M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$110.10M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-905.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-252.60M	USD	3 Qtrs
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	3 Qtrs
Proceeds from issuance of common stock upon initial public offering, net of offering costs	`ProceedsFromIssuanceInitialPublicOffering`	$1.20B	USD	3 Qtrs
Repurchase of common and convertible preferred stock, including issuance costs	`PaymentsForRepurchaseOfEquity`	$130.30M	USD	3 Qtrs
Repurchase of common and convertible preferred stock, including issuance costs	`PaymentsForRepurchaseOfEquity`	-	USD	3 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	$539.10M	USD	3 Qtrs
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs	`ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock`	-	USD	3 Qtrs
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	-	USD	3 Qtrs
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$4.60M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.00M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$9.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$411.80M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.21B	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$84.60M	USD	3 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$347.50M	USD	3 Qtrs
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$510.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.20M	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`	$163.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$510.50M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$236.20M	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`	$163.00M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$700.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.00M	USD	3 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$941.10M	USD	3 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$7.90M	USD	3 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$21.20M	USD	3 Qtrs
Building - build-to-suit asset	`BuildToSuitLeaseAsset`	$130.00M	USD	3 Qtrs
Building - build-to-suit asset	`BuildToSuitLeaseAsset`	-	USD	3 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.50M	USD	3 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$300.00K	USD	3 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$6.30M	USD	3 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`	$-315.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-508.70M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-479.50M	USD	Point-in-time
Repurchase of common and preferred stock	`StockRepurchasedDuringPeriodValue`	$97.80M	USD	3 Qtrs
Initial public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$1.20B	USD	3 Qtrs
Conversion of redeemable convertible preferred stock to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$941.10M	USD	3 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	2.45M	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.80M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$11.00M	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.90M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.40M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.70M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$3.70M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$57.80M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.10M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.10M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$100.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-160.70M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-38.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.60M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-148.20M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$-315.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-508.70M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-479.50M	USD	Point-in-time

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