Overview Financials News + Filings Key Docs Charts Ownership Insiders
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| In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | S-1/A |
| Total revenue | 2,800.2 | 3,582.1 | 4,021.8 | 1,825.9 | 915.0 | 435.0 | 0.1 |
| Total revenue growth | -21.8% | -10.9% | 120.3% | 99.6% | 110.3% | 434900.0% | |
| Cost of revenue | 1,876.7 | 2,883.8 | 2,567.4 | 989.1 | 531.4 | 245.4 | 0.1 |
| Gross profit | 923.5 | 698.4 | 1,454.4 | 836.7 | 383.6 | 189.6 | |
| Gross margin | 33.0% | 19.5% | 36.2% | 45.8% | 41.9% | 43.6% | |
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| Operating expenses: | | | | | | | |
| Sales and marketing | 648.2 | 1,018.9 | 728.3 | 477.0 | 324.0 | 151.4 | 0.4 |
| General and administrative | 798.1 | 963.4 | 661.8 | 351.6 | 207.0 | 62.4 | 9.5 |
| Research and development | 318.4 | 359.5 | 247.6 | 89.0 | 54.8 | 23.4 | 0.4 |
| Goodwill impairment | | 181.9 | | | | | |
| Impairment expense | 144.5 | 390.5 | 4.5 | | | | |
| Restructuring expense | 189.4 | 180.7 | | | | | |
| Supplier settlements | 22.0 | 337.6 | | | | | |
| Total operating expenses | 2,120.6 | 3,432.4 | 1,642.2 | 917.6 | 585.8 | 474.3 | 10.3 |
| Loss from operations | -1,197.1 | -2,734.0 | -187.8 | -80.8 | -202.3 | -47.5 | -10.3 |
| Operating margin | -42.8% | -76.3% | -4.7% | -4.4% | -22.1% | -10.9% | -10300.0% |
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| Other expense, net: | | | | | | | |
| Interest expense | -97.1 | -43.0 | -14.8 | -2.0 | -1.7 | | |
| Interest income | 26.4 | 2.3 | 7.9 | 18.2 | 8.7 | | |
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| Foreign exchange gain (loss) | | | | | | | |
| Other income (expense), net | 2.9 | -1.5 | 0.1 | 0.1 | | | |
| Total other expense, net | -60.9 | -74.1 | -10.4 | 12.4 | 6.7 | -0.3 | |
| Loss before provision (benefit) for income taxes | -1,258.0 | -2,808.1 | -198.2 | -68.4 | -195.6 | -47.8 | |
| Income tax expense (benefit) | 3.7 | 19.6 | -9.2 | 3.3 | 0.1 | 0.1 | |
| Net loss | -1,261.7 | -2,827.7 | -189.0 | -71.6 | -195.6 | -47.9 | |
| Net loss attributable to Class A and Class B common stockholders, basic | -1,261.7 | -2,827.7 | -189.0 | -71.6 | -245.7 | -47.9 | |
| Net loss attributable to Class A and Class B common stockholders, diluted | -1,261.7 | -2,827.7 | -189.0 | -71.6 | -245.7 | -47.9 | |
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| Net loss per share attributable to common stockholders, basic | ($3.64) | ($8.77) | ($0.64) | ($0.32) | ($10.72) | ($2.18) | |
| Net loss per share attributable to common stockholders, diluted | ($3.64) | ($8.77) | ($0.64) | ($0.32) | ($10.72) | | |
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| Weighted-average Class A and Class B common shares outstanding, basic | 346.7 | 322.4 | 293.9 | 221.0 | 22.9 | 21.9 | |
| Weighted-average Class A and Class B common shares outstanding, diluted | 346.7 | 322.4 | 293.9 | 221.0 | 22.9 | | |
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| Other comprehensive income (loss): | | | | | | | |
| Net unrealized (losses) gains on marketable securities | | -0.4 | -3.5 | | | | |
| Change in foreign currency translation adjustment | 3.6 | -4.5 | 11.5 | | | | |
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| Derivative adjustments: | | | | | | | |
| Net unrealized loss on hedging derivatives | | -6.3 | | | | | |
| Reclassification for derivative adjustments included in Net loss | 1.0 | 5.3 | | | | | |
| Total other comprehensive income (loss) | 4.6 | -5.9 | 8.1 | | | | |
| Comprehensive loss | -1,257.1 | -2,833.7 | -180.9 | -61.7 | -195.4 | -47.9 | |
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