1. MARKETS
  2. SECTOR : AUTOMOBILES & AUTO PARTS MANUFACTURERS
  3. INDUSTRY : MOTOR VEHICLES
  4. HARLEY-DAVIDSON, INC.
Harley-Davidson, Inc.
XNYS: HOG
26.191.64(6.68%)
3.7M
XNYS Volume

XNYS 05 Oct, 2026 5:30 PM (EDT)

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Harley-Davidson Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Harley-Davidson Inc share price target, revenues, EPS, net income and more

Harley-Davidson Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • NEGATIVE

    Quarterly Revenue Harley-Davidson Inc Jun-2026 Quarterly Revenue is $1,230 Million which is growth of -5.9% YoY.

  • NEGATIVE

    Quarterly Net Profit Harley-Davidson Inc Jun-2026 Quarterly Net Profit is $80 Million which is growth of -25.8% YoY.

Harley-Davidson, Inc., Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
1,230.41,172.5496.21,340.71,307.11,329.2687.61,150.71,618.91,729.61,053.21,549.11,445.5
Cost Of Rev.
839.9833.4551.8874.6844.4859.7534.57131,017.81,112.4719.7977.5876.6
Gross Profit
390.6339.1-55.7466.1462.7469.5153.1437.7601.1617.2333.5571.6568.9
⌄
314.6315.6305.4-8.6350.3309346.5331.9360354.1354.6362.3347.6
Operating Profit
7623.5-361.1474.8112.4160.5-193.4105.8241.1263.1-21.2209.3221.3
-3.6-3.6-7.9-10.2-7.7-7.7-7.7-7.7-7.7-7.7-7.7-7.7-7.7
Profit Before Tax
95.342.1-341491.6130.2178-170.3133264.1290.44.6238.3232
Tax
16.318-58.5116.424.447.2-51.91748.758.1-18.742.258.2
⌄
79.824.8-279.3377.4107.6133.1-116.9119218.3234.925.8198.7178
Diluted NI Avail to Com Stockholders Ann.
79.824.8-279.3377.4107.6133.1-116.9119218.3234.925.8198.7178
Basic EPS
0.80.2-2.43.10.91.1-0.90.91.61.70.21.41.2
Diluted EPS After ExtraOrdinary
0.70.2-2.530.81-10.81.51.60.11.31.2
Number Of Shares End
105.1110114.3120.6121.5124126.2130.1133.4136.1138.5141.6143.4
Net Income Continuing Discontinued Operations
79.824.8-279.3377.4107.6133.1-116.9119218.3234.925.8198.7178
Normalized Income
7019.6-289.336898.7126.5-126.1104.7206.2223.414.1190.5169.7
Interest Income
-------------
Interest
3.63.67.910.27.77.77.77.77.77.77.77.77.7
Net Interest Income
-3.6-3.6-7.9-10.2-7.7-7.7-7.7-7.7-7.7-7.7-7.7-7.7-7.7
EBIT
98.945.7-333.1501.7137.9185.7-162.6140.7271.8298.112.3246239.7
EBITDA
141.589.8-287.1545.9178.3227.4-121.5179.9310.7339.657.8286.3277.6
Reconciled Cost Of Rev.
839.9833.4551.8874.6844.4859.7534.57131,017.81,112.4719.7977.5876.6
Reconciled Depr.
42.644.14644.240.441.741.139.238.941.545.540.437.9
Profit From Continuing Operations
7924.1-282.6375.2105.8130.8-118.4116215.4232.223.3196.1173.8
Normalized EBITDA
129.681.1-299.2533.7167.3218.5-134.8163.4295.9325.242276.5266.4
*All financials are in USD Million and price data in USD

Harley-Davidson Inc competitor comparison and performance snapshot within industry

Harley-Davidson Inc annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • NEGATIVE

    Annual Revenue Harley-Davidson Inc Dec-2025 Annual Revenue is $4,473 Million which is growth of -13.8% YoY.

  • NEGATIVE

    Annual Net Profit Harley-Davidson Inc Dec-2025 Annual Net Profit is $339 Million which is growth of -25.6% YoY.

Harley-Davidson, Inc., Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-8.1%
2%
 4,473.25,186.85,836.55,755.15,336.34,054.45,361.85,716.95,647.25,996.55,995.4
Cost Of Rev. Ann.
-4.7%
3.1%
3,099.73,130.53,377.73,654.73,621.43,436.22,682.23,440.23,5453,441.93,593.53,518.3
Gross Profit Ann.
-14.3%
-0.4%
1,140.21,342.71,809.12,181.82,133.81,900.11,372.21,921.62,171.92,205.42,4032,477.1
Operating Exp. Ann.
-7.9%
-5%
927956.11,392.51,402.71,2251,073.21,232.51,333.61,3651,314.11,354.11,321.4
Operating Profit Ann.
-24.8%
22.6%
213.2386.6416.6779.1908.7826.9139.7588806.9891.31,048.91,155.7
-
-
-25.3-33.4-30.8-30.8-31.2-31-31.1-31.1-30.9-31-29.7-12.1
Other Exp. Ann.
25.2%
-
 105.5131.3118.653.723.4-124.30.5-89.43.64.66.6
PBT Ann.
-21%
-
287.9458.7517.1866.9931.2819.2-15.7557.4686.6863.81,023.91,150.2
Tax Ann.
-12.3%
-
92.2129.672171.8192169.2-17133.8155.2342.1331.8398
⌄
-23%
204.2%
202.6338.7455.4706.6741.46501.3423.6531.5521.8692.2752.2
Diluted NI Avail to Com Stockholders Ann.
-23%
204.2%
202.6338.7455.4706.6741.46501.3423.6531.5521.8692.2752.2
EPS Ann.
-17.6%
-
 2.83.5554.202.73.233.93.7
Diluted EPS Ann.
-17.6%
-
 2.83.44.954.202.73.233.83.7
Number Of Shares End
-7.8%
-5.7%
 114.3126.2138.5146153.9153.3153.9162167.9176.4189
Total Exp. Ann.
-5.5%
0.9%
 4,086.54,770.25,057.44,846.44,509.53,914.74,773.84,9104,7564,947.54,839.7
Net Income Continuing Discontinued Operations Ann.
-23%
204.2%
202.6338.7455.4706.6741.46501.3423.6531.5521.8692.2752.2
Normalized Income Ann.
-25.3%
27.6%
168.2307404.6669.1737.4647.490.7435.8603519.6689747.9
Interest Income Ann.
-
-
 -----------
Interest Ann.
2.3%
1.4%
25.333.430.830.831.23131.131.130.93129.712.1
EBITDA Ann.
-15.8%
27%
490.1664.6708.61,055.81,114.41,015.4201.1821982.41,1171,263.11,360.4
Reconciled Cost Of Rev. Ann.
-4.7%
3.1%
3,099.73,130.53,377.73,654.73,621.43,436.22,682.23,440.23,5453,441.93,593.53,518.3
Reconciled Depr. Ann.
4.3%
-1.5%
176.9172.4160.7158.1151.9165.2185.7232.5264.9222.2209.6198.1
Profit From Continuing Operations Ann.
-23.6%
202.5%
195.7329.2445.2695.1739.26501.3423.6531.5521.8692.2752.2
Normalized EBITDA Ann.
-17.6%
13.9%
445.2620.3649.61,0091,109.31,012.1323.68371,074.81,113.51,258.51,353.8
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
-13.8%
2Y CAGR
-12.5%
3Y CAGR
-8.1%
5Y CAGR
2%
7Y CAGR
-3.4%
10Y CAGR
-2.9%
Total Revenue Annual is falling faster than historical averages.
Net Profit Ann.
1Y CHG
-25.6%
2Y CAGR
-30.8%
3Y CAGR
-23%
5Y CAGR
204.2%
7Y CAGR
-6.2%
10Y CAGR
-7.7%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
-31.3%
2Y CAGR
-17.4%
3Y CAGR
-7.9%
5Y CAGR
-5%
7Y CAGR
-5%
10Y CAGR
-3.2%
Operating Expenses Annual Cr is falling faster than historical averages.

Harley-Davidson Inc balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund Harley-Davidson Inc Dec-2025 Total Shareholders Fund is $3,141 Million which is growth of -0.8% YoY.

  • NEGATIVE

    Total Assets Harley-Davidson Inc Dec-2025 Total Assets is $8,045 Million which is growth of -32.3% YoY.

Harley-Davidson, Inc., Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
-11.2%
-7.7%
8,044.811,881.612,140.611,492.511,051.112,010.610,528.210,665.79,972.79,890.29,991.2
⌄
-17.1%
-13.8%
4,8888,723.18,888.38,585.78,497.810,287.88,724.28,891.78,128.47,970.18,151.5
⌄
2.7%
12.8%
3,140.73,166.13,252.82,903.52,553.21,722.81,8041,7741,844.31,920.21,839.7
Total Capitalization Ann.
-13.3%
-9%
4,790.37,634.78,243.47,360.67,148.97,655.76,928.86,661.66,431.56,587.16,685
Tangible Assets Ann.
2.8%
13.3%
3,076.83,098.83,183.12,8352,482.61,647.21,729.21,712.91,788.31,866.81,785.5
Working Capital Ann.
34%
9.5%
2,928.31,439.11,779.51,216.81,207.21,863.51,006.1886.8726.6991.31,230.6
Invested Capital Ann.
-14.6%
-10.6%
6,107.710,126.410,378.39,815.89,442.610,709.69,248.99,373.28,832.38,727.78,730
Tangible Book Value Ann.
2.8%
13.3%
3,076.83,098.83,183.12,8352,482.61,647.21,729.21,712.91,788.31,866.81,785.5
Borrowings Ann.
-24%
-19.5%
3,053.77,026.57,196.16,955.36,936.79,0347,508.47,599.36,9886,807.66,890.4
Net Debt Ann.
-
-
-5,370.85,591.75,479.15,014.75,729.66,611.16,395.56,300.56,047.66,168.2
Share Issued Ann.
0.4%
0.5%
172.6172171.2170.4169.4168.5182.8181.9181.3180.6344.9
Number Of Shares End
-7.8%
-5.7%
114.3126.2138.5146153.9153.3153.9162167.9176.4189
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
-32.3%
2Y CAGR
-18.6%
3Y CAGR
-11.2%
5Y CAGR
-7.7%
7Y CAGR
-3.9%
10Y CAGR
-2.1%
Total Assets Annual is falling faster than historical averages.
Total Current Liabilities Ann.
1Y CHG
-25.3%
2Y CAGR
-11.4%
3Y CAGR
-9%
5Y CAGR
-7.8%
7Y CAGR
-4.2%
10Y CAGR
-0.3%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
-0.8%
2Y CAGR
-1.7%
3Y CAGR
2.7%
5Y CAGR
12.8%
7Y CAGR
8.5%
10Y CAGR
5.5%
Total ShareHolders Funds Annual is falling faster than historical averages.

Harley-Davidson Inc ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Harley-Davidson Inc Book Value Per Share is $30 which is growth of 9.1% YoY.

  • NEUTRAL

    ROE Harley-Davidson Inc ROE is 0% which is growth of 0% YoY.

Harley-Davidson, Inc., Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-3.79%5.98%6.58%5.64%0.01%4.00%5.15%5.25%6.96%7.71%
ROE Ann. %
-
-
-14.19%22.95%27.17%30.40%0.07%23.68%29.38%27.72%36.82%31.68%
ROIC %
-
-
--10.30.50.3-0.80.20.10.20.60.5
OPM Ann. %
-18.2%
20.2%
8.64%8.03%13.35%15.79%15.49%3.45%10.97%14.11%15.78%17.49%19.28%
Inventory Turnover Ratio Ann.
-
-
-43.94.45.64.85.96.56.66.66.8
Asset Turnover Ann. %
-
-
-0.40.50.50.50.40.50.60.60.60.6
Working Capital Turnover Ann.
-31.7%
-7.4%
1.53.63.34.74.42.25.36.57.86.14.9
Quick Ratio Ann.
-
-
-1.11.211.11.21.1111.11.1
Current Ratio Ann.
-
-
-1.41.51.31.41.51.31.31.21.41.5
Interest Coverage Ratio Ann.
-
-
-17.829.230.827.50.518.923.228.935.595.9
LT Debt To Equity Ann.
-
-
-1.41.61.51.83.52.92.82.52.42.6
*All financials are in USD Million and price data in USD

Harley-Davidson Inc cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Harley-Davidson Inc Dec-2025 Cash From Operating Activity is $569 Million which is growth of -46.5% YoY.

  • POSITIVE

    Net Cash Flow Harley-Davidson Inc Dec-2025 Net Cash Flow is $1,337 Million which is growth of 1136.2% YoY.

Harley-Davidson, Inc., Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
1.2%
-13.5%
568.91,063.8754.9548.5975.71,177.9868.31,205.91,005.11,174.31,100.1
-
-
3,778.8-383.3-512.3-773-459.5-66.8-508.1-662.3-562.5-392.7-915.9
-
-
-3,010.3-572.3-174.7-202-1,884.91,374-712.2-14.8-541.8-734.4-354.1
Cash Plus Cash Eqv. End Of Year Ann.
25.1%
-1.9%
3,091.71,740.91,648.81,579.22,025.23,409.2905.41,259.8687.5760722.2
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-11.7%
1,337.4108.267.9-426.5-1,368.72,485.1-352.1528.9-99.247.2-169.8
Cash Plus Cash Eqv. Begin Of Year Ann.
-4.9%
14%
1,740.91,648.81,579.22,025.23,409.2905.41,259.8746.2760722.2906.7
Income Tax Paid Supplemental Data Ann.
-45.6%
-
39.4111.1237.7244.4-------
Interest Paid Supplemental Data Ann.
12.6%
-
330.8359290.5231.7-------
Capex Ann.
-
-
-153.7-196.6-207.4-151.7-120.2-131.1-181.4-213.5-206.3-256.3-260
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
-14.4%
-15.8%
1,747.92,111.12,641.42,786.91,268.84,130.62,402.62,101.61,576.41,255.83,088.4
Repayment Of Debt Ann.
-
-
-3,859.6-2,234.5-2,487.6-2,695.8-3,262.3-2,760.6-2,584.7-1,348.1-1,420.9-1,334.1-1,691.2
Repurchase Of Capital Stock Ann.
-
-
-843.3-459.8-364-338.6-11.6-8-296.5-390.6-465.3-465.3-1,537
Free Cash Flow Ann.
1.5%
-16.9%
415.2867.3547.5396.8855.51,046.8686.8992.4798.8918.1840.1
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
-46.5%
2Y CAGR
-13.2%
3Y CAGR
1.2%
5Y CAGR
-13.5%
7Y CAGR
-10.2%
10Y CAGR
-6.4%
Cash from Operating Activity Annual is falling faster than historical averages.