2024 Q3 Form 10-Q Financial Statement
#000163982524000163 Filed on October 31, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $586.0M |
YoY Change | -1.6% |
Cost Of Revenue | $282.2M |
YoY Change | -9.0% |
Gross Profit | $303.8M |
YoY Change | 6.45% |
Gross Profit Margin | 51.84% |
Selling, General & Admin | $201.4M |
YoY Change | -32.21% |
% of Gross Profit | 66.29% |
Research & Development | $58.50M |
YoY Change | -25.67% |
% of Gross Profit | 19.26% |
Depreciation & Amortization | $24.80M |
YoY Change | -19.48% |
% of Gross Profit | 8.16% |
Operating Expenses | $291.2M |
YoY Change | -30.27% |
Operating Profit | $12.50M |
YoY Change | -109.45% |
Interest Expense | -$12.50M |
YoY Change | -145.96% |
% of Operating Profit | -100.0% |
Other Income/Expense, Net | -$12.60M |
YoY Change | -51.91% |
Pretax Income | $0.00 |
YoY Change | -100.0% |
Income Tax | $800.0K |
% Of Pretax Income | |
Net Earnings | -$900.0K |
YoY Change | -99.44% |
Net Earnings / Revenue | -0.15% |
Basic Earnings Per Share | $0.00 |
Diluted Earnings Per Share | $0.00 |
COMMON SHARES | |
Basic Shares Outstanding | 378.8M shares |
Diluted Shares Outstanding | 378.8M shares |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $722.3M |
YoY Change | -3.5% |
Cash & Equivalents | $722.3M |
Short-Term Investments | |
Other Short-Term Assets | $127.7M |
YoY Change | -43.14% |
Inventory | $333.3M |
Prepaid Expenses | |
Receivables | $101.8M |
Other Receivables | $0.00 |
Total Short-Term Assets | $1.285B |
YoY Change | -19.05% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $330.5M |
YoY Change | -21.37% |
Goodwill | $41.20M |
YoY Change | 0.0% |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | $21.30M |
YoY Change | -13.06% |
Total Long-Term Assets | $872.0M |
YoY Change | -19.65% |
TOTAL ASSETS | |
Total Short-Term Assets | $1.285B |
Total Long-Term Assets | $872.0M |
Total Assets | $2.157B |
YoY Change | -19.29% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $399.8M |
YoY Change | -17.65% |
Accrued Expenses | $73.00M |
YoY Change | -8.41% |
Deferred Revenue | $154.5M |
YoY Change | -11.05% |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | $10.00M |
YoY Change | 33.33% |
Total Short-Term Liabilities | $640.2M |
YoY Change | -14.64% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $1.490B |
YoY Change | -11.35% |
Other Long-Term Liabilities | $25.60M |
YoY Change | -7.58% |
Total Long-Term Liabilities | $25.60M |
YoY Change | -7.58% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $640.2M |
Total Long-Term Liabilities | $25.60M |
Total Liabilities | $2.637B |
YoY Change | -13.35% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$5.485B |
YoY Change | 7.73% |
Common Stock | $0.00 |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | -$480.3M |
YoY Change | |
Total Liabilities & Shareholders Equity | $2.157B |
YoY Change | -19.29% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$900.0K |
YoY Change | -99.44% |
Depreciation, Depletion And Amortization | $24.80M |
YoY Change | -19.48% |
Cash From Operating Activities | $12.50M |
YoY Change | -115.78% |
INVESTING ACTIVITIES | |
Capital Expenditures | $1.800M |
YoY Change | -56.1% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $4.200M |
YoY Change | |
Cash From Investing Activities | $2.400M |
YoY Change | -158.54% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | $2.500M |
YoY Change | 31.58% |
Cash From Financing Activities | $4.800M |
YoY Change | -41.46% |
NET CHANGE | |
Cash From Operating Activities | $12.50M |
Cash From Investing Activities | $2.400M |
Cash From Financing Activities | $4.800M |
Net Change In Cash | $21.20M |
YoY Change | -128.08% |
FREE CASH FLOW | |
Cash From Operating Activities | $12.50M |
Capital Expenditures | $1.800M |
Free Cash Flow | $10.70M |
YoY Change | -112.85% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2025 | |
CY2024Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q3 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | |
CY2024Q3 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q3 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q3 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2024Q3 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
CY2024Q3 | dei |
Entity Emerging Growth Company
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false | |
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Entity Shell Company
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Accounts Receivable Net Current
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|
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Accounts Receivable Net Current
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Inventory Net
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Inventory Net
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Prepaid Expense And Other Assets Current
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Prepaid Expense And Other Assets Current
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Assets Current
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Net Income Loss Available To Common Stockholders Basic
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Earnings Per Share Basic
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|
-0.44 | |
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Earnings Per Share Diluted
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|
-0.44 | |
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Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Diluted Shares Outstanding
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358547563 | shares |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Entity Central Index Key
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0001639825 | |
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Current Fiscal Year End Date
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--06-30 | |
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Entity Registrant Name
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|
Peloton Interactive, Inc. | |
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Entity Incorporation State Country Code
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|
DE | |
CY2024Q3 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
47-3533761 | |
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Entity Address Address Line1
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|
441 Ninth Avenue, Sixth Floor | |
CY2024Q3 | dei |
Entity Address City Or Town
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New York | |
CY2024Q3 | dei |
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NY | |
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City Area Code
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929 | |
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Local Phone Number
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567-0006 | |
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Trading Symbol
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PTON | |
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Security Exchange Name
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Property Plant And Equipment Net
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CY2024Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
4900000 | usd |
CY2023Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
24000000.0 | usd |
CY2024Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
14800000 | usd |
CY2023Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-7800000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2000000.0 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3000000.0 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-700000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1400000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-12100000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
31700000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
0 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2000000.0 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-48700000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
700000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-9400000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-13400000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-21900000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-23900000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-300000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-2300000 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
12500000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-79200000 | usd |
CY2024Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1800000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
4100000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
4200000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2400000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4100000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2500000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1900000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
700000 | usd |
CY2023Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
200000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
6500000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
10700000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
0 | usd |
CY2023Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
400000 | usd |
CY2024Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4800000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8200000 | usd |
CY2024Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1500000 | usd |
CY2023Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-500000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
21200000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-75500000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
750900000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
885500000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
772100000 | usd |
CY2024Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
38700000 | usd |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
23500000 | usd |
CY2024Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1100000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1200000 | usd |
CY2024Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
200000 | usd |
CY2023Q3 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1100000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-295100000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
79500000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2000000.0 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1900000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-159300000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-370900000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-519100000 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
48100000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1500000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-9900000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-900000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-480300000 | usd |
CY2024Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Roboto',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of these financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosures. On an ongoing basis, the Company evaluates its estimates, including, among others, those related to revenue related reserves, product recall and corrective action cost, the realizability of inventory, fair value measurements, the incremental borrowing rate associated with lease liabilities, impairment of long-lived and intangible assets, useful lives of long-lived assets, including property and equipment and finite-lived intangible assets, product warranty, goodwill, accounting for income taxes, stock-based compensation expense, transaction price estimates, the fair values of assets acquired and liabilities assumed in business combinations and asset acquisitions, future restructuring charges, contingent consideration, and commitments and contingencies. Actual results may differ from these estimates.</span></div> | |
CY2024Q3 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
12500000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
9100000 | usd |
CY2024Q3 | pton |
Allowable Product Return Period
AllowableProductReturnPeriod
|
P30D | |
CY2024Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
20300000 | usd |
CY2023Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
26400000 | usd |
CY2024Q3 | pton |
Standard And Extended Product Warranty Accrual Increase Decrease For Warranties Issued
StandardAndExtendedProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
|
7100000 | usd |
CY2023Q3 | pton |
Standard And Extended Product Warranty Accrual Increase Decrease For Warranties Issued
StandardAndExtendedProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
|
1800000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
7100000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
7500000 | usd |
CY2024Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
20300000 | usd |
CY2023Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
20700000 | usd |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
586000000.0 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
595500000 | usd |
CY2024Q3 | pton |
Contract With Customer Liability Current Deferred Revenue
ContractWithCustomerLiabilityCurrentDeferredRevenue
|
94800000 | usd |
CY2024Q2 | pton |
Contract With Customer Liability Current Deferred Revenue
ContractWithCustomerLiabilityCurrentDeferredRevenue
|
95900000 | usd |
CY2024Q3 | pton |
Contract With Customer Liability Current Customer Deposits
ContractWithCustomerLiabilityCurrentCustomerDeposits
|
59700000 | usd |
CY2024Q2 | pton |
Contract With Customer Liability Current Customer Deposits
ContractWithCustomerLiabilityCurrentCustomerDeposits
|
67700000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
80600000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
88600000 | usd |
CY2024Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
-500000 | usd |
CY2023Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
6100000 | usd |
CY2024Q3 | pton |
Exit And Disposal Costs And Professional Fees
ExitAndDisposalCostsAndProfessionalFees
|
3400000 | usd |
CY2023Q3 | pton |
Exit And Disposal Costs And Professional Fees
ExitAndDisposalCostsAndProfessionalFees
|
4500000 | usd |
CY2024Q3 | pton |
Restructuring Charges Cash Charges
RestructuringChargesCashCharges
|
2900000 | usd |
CY2023Q3 | pton |
Restructuring Charges Cash Charges
RestructuringChargesCashCharges
|
10600000 | usd |
CY2024Q3 | pton |
Asset Write Downs And Write Offs
AssetWriteDownsAndWriteOffs
|
5100000 | usd |
CY2023Q3 | pton |
Asset Write Downs And Write Offs
AssetWriteDownsAndWriteOffs
|
22800000 | usd |
CY2024Q3 | pton |
Stock Based Compensation Expense Restructuring
StockBasedCompensationExpenseRestructuring
|
0 | usd |
CY2023Q3 | pton |
Stock Based Compensation Expense Restructuring
StockBasedCompensationExpenseRestructuring
|
7200000 | usd |
CY2024Q3 | pton |
Write Offs Of Inventory Related To Restructuring Activities
WriteOffsOfInventoryRelatedToRestructuringActivities
|
0 | usd |
CY2023Q3 | pton |
Write Offs Of Inventory Related To Restructuring Activities
WriteOffsOfInventoryRelatedToRestructuringActivities
|
500000 | usd |
CY2024Q3 | pton |
Non Cash Restructuring Charges
NonCashRestructuringCharges
|
5100000 | usd |
CY2023Q3 | pton |
Non Cash Restructuring Charges
NonCashRestructuringCharges
|
30500000 | usd |
CY2024Q3 | us-gaap |
Restructuring Costs
RestructuringCosts
|
8100000 | usd |
CY2023Q3 | us-gaap |
Restructuring Costs
RestructuringCosts
|
41200000 | usd |
CY2023Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
13900000 | usd |
CY2023Q3 | pton |
Restructuring Charges Cash Charges
RestructuringChargesCashCharges
|
10600000 | usd |
CY2023Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
18000000.0 | usd |
CY2023Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6500000 | usd |
CY2024Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
17000000.0 | usd |
CY2024Q3 | pton |
Restructuring Charges Cash Charges
RestructuringChargesCashCharges
|
2900000 | usd |
CY2024Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
15100000 | usd |
CY2024Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
4800000 | usd |
CY2024Q3 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
27600000 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
29800000 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
484200000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
487600000 | usd |
CY2024Q3 | us-gaap |
Inventory Gross
InventoryGross
|
511700000 | usd |
CY2024Q2 | us-gaap |
Inventory Gross
InventoryGross
|
517400000 | usd |
CY2024Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
178400000 | usd |
CY2024Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
187700000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
333300000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
329700000 | usd |
CY2024Q3 | us-gaap |
Other Inventory In Transit
OtherInventoryInTransit
|
21500000 | usd |
CY2024Q2 | us-gaap |
Other Inventory In Transit
OtherInventoryInTransit
|
35200000 | usd |
CY2024Q3 | pton |
Inventory Valuation Allowance Carrying Value
InventoryValuationAllowanceCarryingValue
|
76800000 | usd |
CY2024Q2 | pton |
Inventory Valuation Allowance Carrying Value
InventoryValuationAllowanceCarryingValue
|
85200000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
7500000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
209000000.0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
10000000.0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
10000000.0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
960000000.0 | usd |
CY2024Q3 | pton |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
350000000.0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1546500000 | usd |
CY2024Q3 | pton |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
350000000.0 | usd |
CY2022Q4 | us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
19100000 | usd |
CY2022Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
107000000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
28901489 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
20.14 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y8M12D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3400000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
255145 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
4.63 | |
CY2024Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
298996 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
3.00 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
600000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
1454932 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
11.95 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
27402706 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
20.62 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y9M18D | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
6700000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
22226512 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
19.40 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P4Y3M18D | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
6500000 | usd |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
6348265 | shares |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
17.24 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
255145 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.86 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
1327270 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
14.40 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
99946 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
17.21 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
5176194 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
17.26 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
600000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
5000000.0 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.86 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
47200000 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
74200000 | usd |
CY2023Q3 | pton |
Number Of Employees Eligible Under Plan Terminated Their Employment
NumberOfEmployeesEligibleUnderPlanTerminatedTheirEmployment
|
1 | period |
CY2023Q3 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
5400000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
800000 | usd |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
800000 | usd |
CY2024Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-25.7665 | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.0050 | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-900000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-900000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-159300000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-159300000 | usd |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
378776423 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
358547563 | shares |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0 | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.44 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.44 | |
CY2024Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
586000000.0 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
595500000 | usd |
CY2024Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
282200000 | usd |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
310100000 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
303800000 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
285400000 | usd |
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
303800000 | usd |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
285400000 | usd |
CY2024Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
81900000 | usd |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
146000000.0 | usd |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
119500000 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
151100000 | usd |
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
58500000 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
78700000 | usd |
CY2024Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
4900000 | usd |
CY2023Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
24000000.0 | usd |
CY2024Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2900000 | usd |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
17800000 | usd |
CY2024Q3 | pton |
Gain Loss Related To Supplier Settlement
GainLossRelatedToSupplierSettlement
|
23500000 | usd |
CY2023Q3 | pton |
Gain Loss Related To Supplier Settlement
GainLossRelatedToSupplierSettlement
|
0 | usd |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-12600000 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-26200000 | usd |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
0 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-158500000 | usd |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |