FY2025 · ended Dec 31, 2025 · Revenue $3.60B, -13.1% YoY · Filed Feb 26, 2026
Harley-Davidson, Inc. (HOG) files with the SEC under industry code 3751, Motorcycles, Bicycles & Parts. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.6 billion and net income of $338.7 million. Free cash flow was $415.2 million. As of Sep 30, 2026 it held $2.1 billion in cash and investments and $2.9 billion in total debt.
Revenue (TTM)
$3.54B
-3.0% vs year-ago TTM
Net income (TTM)
$-131.96M
-126.3% vs year-ago TTM
Operating cash flow (TTM)
$427.95M
-22.2% vs year-ago TTM
Free cash flow (TTM)
$311.94M
-20.4% vs year-ago TTM
EPS (TTM)
$-1.21
-129.8% vs year-ago TTM
Dividend per share (TTM)
$0.74
+4.2% vs year-ago TTM
Shares outstanding
111.85M
-10.2% vs prior year
Net cash
$-750.48M
as of Sep 30, 2026
Operating margin
-6.3%
FY 2026
Company profile
- Industry
- Motorcycles, Bicycles & Parts (SIC 3751)
- Listed as
- HOG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- WI
- Headquarters
- Milwaukee, WI
- SEC filer status
- Large accelerated filer
- SEC CIK
- 793952
- Former names
- HARLEY DAVIDSON INC (until Jun 14, 2019)
Other Motorcycles, Bicycles & Parts companies
- Fox Factory Holding Corp FOXF
- LiveWire Group, Inc. LVWR
- Leatt Corp LEAT
- Lobo Technologies Ltd. LOBO
- EZGO Technologies Ltd. EZGO
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3.6B | $4.1B | $4.9B | $4.9B | $5.3B |
| Operating income | $386.6M | $416.6M | $779.1M | $909.3M | $823.4M |
| Net income | $338.7M | $455.4M | $706.6M | $741.4M | $650.0M |
| Diluted EPS | $2.78 | $3.44 | $4.87 | $4.96 | $4.19 |
| Operating cash flow | $568.9M | $1.1B | $754.9M | $548.5M | $975.7M |
| Free cash flow | $415.2M | $867.3M | $547.5M | $396.8M | $855.5M |
| Total assets | $8.0B | $11.9B | $12.1B | $11.5B | $11.1B |
| Stockholders' equity | $3.1B | $3.2B | $3.3B | $2.9B | $2.6B |
| Cash and investments | $3.2B | $1.6B | $1.5B | $1.4B | $1.9B |
| Total debt | $3.6B | $7.7B | $8.1B | $7.7B | $7.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change
|
Oct 29, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K/A |
Amended current report
Regulation FD disclosure
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 26, 2026 | Jun 26, 2026 |
All 1003 Harley-Davidson, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.