10-Q Filing

PELOTON INTERACTIVE, INC. CIK: 1639825 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001639825-21-000022`
Period End Date	20201231
Filing Date	20210205
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	pton-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 92 Cash Flow Statement 84 Stockholders Equity 34

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.25B	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$862.10M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$719.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$34.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$54.10M	USD	Point-in-time
Inventories, net	`InventoryNet`	$522.80M	USD	Point-in-time
Inventories, net	`InventoryNet`	$244.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$124.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$172.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.16B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$242.30M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$405.10M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$38.90M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$16.00M	USD	Point-in-time
Goodwill	`Goodwill`	$39.10M	USD	Point-in-time
Goodwill	`Goodwill`	$40.80M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.50M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$1.50M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$537.60M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$492.50M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$26.50M	USD	Point-in-time
Total assets	`Assets`	$3.91B	USD	Point-in-time
Total assets	`Assets`	$2.98B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$361.70M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$721.40M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$363.60M	USD	Point-in-time
Customer deposits and deferred revenue	`ContractWithCustomerLiabilityCurrent`	$611.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$41.70M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$33.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$10.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$772.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.38B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$577.50M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$508.20M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$23.40M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$20.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.98B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.000025 par value; 2,500,000,000 and 2,500,000,000 Class A shares authorized, 263,239,900 and 237,518,574 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively; 2,500,000,000 and 2,500,000,000 Class B shares authorized, 31,033,183 and 50,538,538 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively.	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.000025 par value; 2,500,000,000 and 2,500,000,000 Class A shares authorized, 263,239,900 and 237,518,574 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively; 2,500,000,000 and 2,500,000,000 Class B shares authorized, 31,033,183 and 50,538,538 shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively.	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.36B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.47B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$10.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$16.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-693.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-561.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.55B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.93B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.80B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.98B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.91B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.82B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$466.30M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$694.30M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.06B	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$640.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.07B	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$269.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$392.10M	USD	2 Qtrs
Gross profit	`GrossProfit`	$753.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$302.20M	USD	2 Qtrs
Gross profit	`GrossProfit`	$197.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$424.80M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$177.40M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$292.10M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$160.50M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$238.10M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$77.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$141.10M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$249.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$138.50M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$47.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.10M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$84.10M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.70M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$414.60M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$366.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$625.80M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$258.70M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$58.80M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-112.40M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-61.50M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$127.70M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.90M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$5.90M	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$7.10M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$4.30M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-200.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-900.00K	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$6.90M	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$5.70M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.80M	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$3.50M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-105.50M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$60.60M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-55.80M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$131.20M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-400.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-400.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-1.70M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-3.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$132.80M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$63.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Net income (loss) attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$132.80M	USD	2 Qtrs
Net income (loss) attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$63.60M	USD	1 Quarter
Net income (loss) attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-55.40M	USD	1 Quarter
Net income (loss) attributable to Class A and Class B common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-105.20M	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.66	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.20	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	2 Qtrs
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.20	USD	1 Quarter
Net income (loss) per share attributable to common stockholders, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.66	USD	2 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	290.59M	shares	2 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	159.21M	shares	2 Qtrs
Weighted-average Class A and Class B common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	292.46M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	279.97M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	159.21M	shares	2 Qtrs
Weighted-average Class A and Class B common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	347.89M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	279.97M	shares	1 Quarter
Weighted-average Class A and Class B common shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	344.99M	shares	2 Qtrs
Net unrealized losses on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Net unrealized losses on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-2.60M	USD	2 Qtrs
Net unrealized losses on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-1.30M	USD	1 Quarter
Net unrealized losses on marketable securities	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-200.00K	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.70M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.10M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.30M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.40M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$3.10M	USD	2 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.50M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$139.40M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$67.50M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-50.90M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-102.00M	USD	2 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$132.80M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$63.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$24.20M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$17.20M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$67.10M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$35.80M	USD	2 Qtrs
Non-cash operating lease expense	`NoncashOperatingLeaseLiabilitiesNet`	$21.40M	USD	2 Qtrs
Non-cash operating lease expense	`NoncashOperatingLeaseLiabilitiesNet`	$28.20M	USD	2 Qtrs
Amortization of premium from marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$500.00K	USD	2 Qtrs
Amortization of premium from marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-3.50M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-2.30M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-23.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$273.00M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$35.20M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$12.50M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-700.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$98.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$331.90M	USD	2 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$245.70M	USD	2 Qtrs
Customer deposits and deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$68.30M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$-17.50M	USD	2 Qtrs
Operating lease liabilities, net	`IncreaseDecreaseInOperatingLeaseLiability`	$4.10M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$6.70M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$510.50M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.20M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$973.10M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$449.10M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$300.60M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$141.50M	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$55.40M	USD	2 Qtrs
Cash paid for cost method investment	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	-	USD	2 Qtrs
Cash paid for cost method investment	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$100.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$119.40M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.30M	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsForSoftware`	$700.00K	USD	2 Qtrs
Capitalization of internal-use software costs	`PaymentsForSoftware`	$3.40M	USD	2 Qtrs
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$45.90M	USD	2 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitionsNetOfCashAcquired`	$78.10M	USD	2 Qtrs
Asset acquisitions, net of cash acquired	`PaymentsForAssetAcquisitionsNetOfCashAcquired`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-346.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-870.80M	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
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$7.20M	USD	2 Qtrs
Proceeds from employee stock purchase plan withholdings	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$2.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.20M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$53.30M	USD	2 Qtrs
Taxes withheld and paid on employee stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Taxes withheld and paid on employee stock awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$16.50M	USD	2 Qtrs
Principal repayments of finance leases	`FinanceLeasePrincipalPayments`	$500.00K	USD	2 Qtrs
Principal repayments of finance leases	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$43.60M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.20B	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.50M	USD	2 Qtrs
Effect of exchange rate changes	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$371.40M	USD	2 Qtrs
Net change in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$212.90M	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`	$1.25B	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 Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	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`	$1.25B	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$163.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.04B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$300.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$1.30M	USD	2 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	2 Qtrs
Conversion of convertible preferred stock to common stock	`ConversionOfStockAmountConverted1`	$941.10M	USD	2 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$47.20M	USD	2 Qtrs
Property and equipment accrued but unpaid	`CapitalExpendituresIncurredButNotYetPaid`	$7.70M	USD	2 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.80M	USD	2 Qtrs
Stock-based compensation capitalized for software development costs	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$900.00K	USD	2 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$6.30M	USD	2 Qtrs
Beginning balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.93B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.80B	USD	Point-in-time
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`	6.03M	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.10M	USD	2 Qtrs
Exercise of stock warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	-	USD	2 Qtrs
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.40M	USD	1 Quarter
Issuance of common stock pursuant to stock-based awards, net of withholding taxes	`StockIssuedDuringPeriodValueShareBasedCompensation`	$36.90M	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.10M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.60M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.50M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$68.90M	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.70M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.10M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$4.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.50M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-105.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$132.80M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$63.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.40M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.55B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.93B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-538.60M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.80B	USD	Point-in-time

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