2020 Q3 Form 10-Q Financial Statement
#000163982520000175 Filed on November 06, 2020
Income Statement
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
Revenue | $757.9M | $228.0M |
YoY Change | 232.41% | 103.39% |
Cost Of Revenue | $429.2M | $122.9M |
YoY Change | 249.23% | 102.81% |
Gross Profit | $328.7M | $105.1M |
YoY Change | 212.75% | 104.08% |
Gross Profit Margin | 43.37% | 46.1% |
Selling, General & Admin | $223.2M | $138.5M |
YoY Change | 61.16% | 45.03% |
% of Gross Profit | 67.9% | 131.78% |
Research & Development | $36.60M | $17.40M |
YoY Change | 110.34% | 50.0% |
% of Gross Profit | 11.13% | 16.56% |
Depreciation & Amortization | $11.40M | $7.100M |
YoY Change | 60.56% | 69.05% |
% of Gross Profit | 3.47% | 6.76% |
Operating Expenses | $259.8M | $156.0M |
YoY Change | 66.54% | 45.66% |
Operating Profit | $68.90M | -$50.90M |
YoY Change | -235.36% | -8.45% |
Interest Expense | $400.0K | $1.300M |
YoY Change | -69.23% | 30.0% |
% of Operating Profit | 0.58% | |
Other Income/Expense, Net | $1.700M | $1.200M |
YoY Change | 41.67% | 20.0% |
Pretax Income | $70.60M | -$49.70M |
YoY Change | -242.05% | -8.81% |
Income Tax | $1.300M | $100.0K |
% Of Pretax Income | 1.84% | |
Net Earnings | $69.30M | -$49.80M |
YoY Change | -239.16% | -8.62% |
Net Earnings / Revenue | 9.14% | -21.84% |
Basic Earnings Per Share | $0.24 | -$1.29 |
Diluted Earnings Per Share | $0.20 | -$1.29 |
COMMON SHARES | ||
Basic Shares Outstanding | 288.7M shares | 38.45M shares |
Diluted Shares Outstanding | 342.1M shares | 38.45M shares |
Balance Sheet
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.023B | $1.476B |
YoY Change | 37.02% | |
Cash & Equivalents | $1.431B | $1.376B |
Short-Term Investments | $592.3M | $100.4M |
Other Short-Term Assets | $146.3M | $46.50M |
YoY Change | 214.62% | |
Inventory | $364.0M | $205.6M |
Prepaid Expenses | ||
Receivables | $49.90M | $20.90M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.583B | $1.749B |
YoY Change | 47.66% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $295.5M | $119.7M |
YoY Change | 146.87% | |
Goodwill | $39.70M | $4.300M |
YoY Change | 823.26% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $26.40M | $9.900M |
YoY Change | 166.67% | |
Total Long-Term Assets | $894.5M | $638.4M |
YoY Change | 40.12% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.583B | $1.749B |
Total Long-Term Assets | $894.5M | $638.4M |
Total Assets | $3.478B | $2.388B |
YoY Change | 45.64% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $275.0M | $90.70M |
YoY Change | 203.2% | |
Accrued Expenses | $246.7M | $116.2M |
YoY Change | 112.31% | |
Deferred Revenue | $521.2M | $99.20M |
YoY Change | 425.4% | |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $1.094B | $327.6M |
YoY Change | 233.85% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $29.10M | $400.0K |
YoY Change | 7175.0% | |
Total Long-Term Liabilities | $29.10M | $400.0K |
YoY Change | 7175.0% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.094B | $327.6M |
Total Long-Term Liabilities | $29.10M | $400.0K |
Total Liabilities | $1.677B | $811.8M |
YoY Change | 106.52% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$624.6M | -$672.0M |
YoY Change | -7.05% | |
Common Stock | $0.00 | $0.00 |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.801B | $1.576B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.478B | $2.388B |
YoY Change | 45.64% |
Cashflow Statement
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $69.30M | -$49.80M |
YoY Change | -239.16% | -8.62% |
Depreciation, Depletion And Amortization | $11.40M | $7.100M |
YoY Change | 60.56% | 69.05% |
Cash From Operating Activities | $312.1M | -$76.20M |
YoY Change | -509.58% | 152.32% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $49.20M | $22.50M |
YoY Change | 118.67% | 100.89% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $124.5M | $115.3M |
YoY Change | 7.98% | |
Cash From Investing Activities | $62.40M | $92.80M |
YoY Change | -32.76% | -928.57% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $18.80M | $1.198B |
YoY Change | -98.43% | 122.21% |
NET CHANGE | ||
Cash From Operating Activities | $312.1M | -$76.20M |
Cash From Investing Activities | $62.40M | $92.80M |
Cash From Financing Activities | $18.80M | $1.198B |
Net Change In Cash | $395.0M | $1.214B |
YoY Change | -67.45% | 143.81% |
FREE CASH FLOW | ||
Cash From Operating Activities | $312.1M | -$76.20M |
Capital Expenditures | $49.20M | $22.50M |
Free Cash Flow | $262.9M | -$98.70M |
YoY Change | -366.36% | 138.41% |
Facts In Submission
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|
18200000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1900000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-5900000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1400000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
156400000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
17500000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
157400000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
8500000 | USD |
CY2020Q3 | pton |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
11300000 | USD |
CY2019Q3 | pton |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-16700000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
5500000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-100000 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
312100000 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-76200000 | USD |
CY2020Q3 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
124500000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
115300000 | USD |
CY2020Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
49200000 | USD |
CY2019Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
19100000 | USD |
CY2020Q3 | pton |
Capitalization Of Software Costs
CapitalizationOfSoftwareCosts
|
12900000 | USD |
CY2019Q3 | pton |
Capitalization Of Software Costs
CapitalizationOfSoftwareCosts
|
3400000 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
62400000 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
92800000 | USD |
CY2020Q3 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD |
CY2019Q3 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
1195700000 | USD |
CY2020Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
3300000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
0 | USD |
CY2020Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
15400000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2700000 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18800000 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1198400000 | USD |
CY2020Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1700000 | USD |
CY2019Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1300000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
395000000.0 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1213700000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1037000000.0 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
163000000.0 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1432000000.0 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1376700000 | USD |
CY2020Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
300000 | USD |
CY2019Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2020Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
500000 | USD |
CY2019Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD |
CY2020Q3 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | USD |
CY2020Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
19600000 | USD |
CY2019Q3 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
941100000 | USD |
CY2019Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
8900000 | USD |
CY2020Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
700000 | USD |
CY2019Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
400000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-538600000 | USD |
CY2019Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
6300000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1195700000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
941100000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2500000 | USD |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19000000.0 | USD |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1300000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-49800000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1576000000.0 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1678000000.0 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
45900000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
5100000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2600000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
69300000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1801000000.0 | USD |
CY2020Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of these financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue, and expenses and related disclosures. On an ongoing basis, the Company evaluates its estimates, including, among others, those related to revenue related reserves, the realizability of inventory, content costs for past use reserve, fair value measurements, the incremental borrowing rate associated with lease liabilities, useful lives of property and equipment, product warranty, goodwill and finite-lived intangible assets, accounting for income taxes, stock-based compensation expense, transaction price estimates, the fair values of assets acquired and liabilities assumed in business combinations, contingent consideration, and commitments and contingencies. Actual results may differ from these estimates. | |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
757900000 | USD |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
228000000.0 | USD |
CY2020Q3 | pton |
Contract With Customer Liability Current Customer Deposits
ContractWithCustomerLiabilityCurrentCustomerDeposits
|
492800000 | USD |
CY2020Q2 | pton |
Contract With Customer Liability Current Customer Deposits
ContractWithCustomerLiabilityCurrentCustomerDeposits
|
341500000 | USD |
CY2020Q3 | pton |
Contract With Customer Liability Current Deferred Revenue
ContractWithCustomerLiabilityCurrentDeferredRevenue
|
28500000 | USD |
CY2020Q2 | pton |
Contract With Customer Liability Current Deferred Revenue
ContractWithCustomerLiabilityCurrentDeferredRevenue
|
22100000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
22100000 | USD |
CY2019Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
9500000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
628000000.0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
2600000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
630600000 | USD |
CY2020Q3 | us-gaap |
Restricted Cash And Investments
RestrictedCashAndInvestments
|
38200000 | USD |
CY2020Q3 | pton |
Debt Securities Available For Sale Excluding Restricted Securities
DebtSecuritiesAvailableForSaleExcludingRestrictedSecurities
|
592300000 | USD |
CY2020Q3 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
24100000 | USD |
CY2020Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
17800000 | USD |
CY2020Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
6000000.0 | USD |
CY2020Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
4600000 | USD |
CY2020Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
345900000 | USD |
CY2020Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
232500000 | USD |
CY2020Q3 | us-gaap |
Inventory Gross
InventoryGross
|
376000000.0 | USD |
CY2020Q2 | us-gaap |
Inventory Gross
InventoryGross
|
254900000 | USD |
CY2020Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
12000000.0 | USD |
CY2020Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
10500000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
364000000.0 | USD |
CY2020Q2 | us-gaap |
Inventory Net
InventoryNet
|
244500000 | USD |
CY2020Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
4800000 | USD |
CY2020Q3 | pton |
Content Costs
ContentCosts
|
2400000 | USD |
CY2019Q3 | pton |
Content Costs
ContentCosts
|
2600000 | USD |
CY2020Q3 | pton |
Accrued Content Cost And Royalties Current
AccruedContentCostAndRoyaltiesCurrent
|
24500000 | USD |
CY2019Q3 | pton |
Accrued Content Cost And Royalties Current
AccruedContentCostAndRoyaltiesCurrent
|
20800000 | USD |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
66818860 | shares |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
10.57 | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y | |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3153600000 | USD |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2155099 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
81.11 | |
CY2020Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
3497582 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
5.75 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
480418 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
14.58 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
64995959 | shares |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
3655136 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
13.14 | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y9M18D | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
5596000000.0 | USD |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
27318967 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.47 | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y9M18D | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
2561700000 | USD |
CY2020Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
39674590 | shares |
CY2020Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
7.41 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2155099 | shares |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
33.43 | |
CY2020Q3 | pton |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Options Exercised Early Number Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedOptionsExercisedEarlyNumberOfShares
|
20240 | shares |
CY2020Q3 | pton |
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Options Exercised Early Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedOptionsExercisedEarlyWeightedAverageGrantDateFairValue
|
2.74 | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
6.09 | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
477321 | shares |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
6.86 | |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
37676992 | shares |
CY2020Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
9.04 | |
CY2020Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
33.43 | |
CY2019Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
12.80 | |
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
29600000 | USD |
CY2019Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
18700000 | USD |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1300000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
100000 | USD |
CY2020Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0181 | |
CY2019Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.0020 | |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
69300000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-49800000 | USD |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
288719834 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38453864 | shares |
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.29 | |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
69300000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-49800000 | USD |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
288719834 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
38453864 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
342101984 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
38453864 | shares |
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.29 | |
CY2020Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
757900000 | USD |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
228000000.0 | USD |
CY2020Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
429200000 | USD |
CY2019Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
122900000 | USD |
CY2020Q3 | us-gaap |
Gross Profit
GrossProfit
|
328700000 | USD |
CY2019Q3 | us-gaap |
Gross Profit
GrossProfit
|
105100000 | USD |
CY2020Q3 | us-gaap |
Gross Profit
GrossProfit
|
328700000 | USD |
CY2019Q3 | us-gaap |
Gross Profit
GrossProfit
|
105100000 | USD |
CY2020Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
114600000 | USD |
CY2019Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
77600000 | USD |
CY2020Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
108600000 | USD |
CY2019Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
60900000 | USD |
CY2020Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
36600000 | USD |
CY2019Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
17400000 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1700000 | USD |
CY2019Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1200000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
70600000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-49700000 | USD |