# Harley-Davidson, Inc.: financial statements, quarterly

HOG · NYSE · CIK 793952 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hog.md) · [Financials](/companies/hog/financials.md) · [Filings](/companies/hog/filings.md) · [Insiders](/companies/hog/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/hog/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,305](/filings/0000793952-24-000165.md) | [807 d](/filings/0000793952-26-000011.md) | [1,481](/filings/0000793952-25-000111.md) | [1,355](/filings/0000793952-25-000170.md) | [881](/filings/0000793952-25-000188.md) | [431 d](/filings/0000793952-26-000011.md) | [1,084](/filings/0000793952-26-000032.md) | [1,050](/filings/0000793952-26-000061.md) | [1,080](/filings/0000793952-25-000188.md) | [391 d](/filings/0000793952-26-000011.md) | [1,061](/filings/0000793952-26-000032.md) | [1,113](/filings/0000793952-26-000061.md) |
| Cost of revenue | $m | [893](/filings/0000793952-24-000165.md) | [631 d](/filings/0000793952-26-000011.md) | [1,024](/filings/0000793952-25-000111.md) | [924](/filings/0000793952-25-000170.md) | [619](/filings/0000793952-25-000188.md) | [440 d](/filings/0000793952-26-000011.md) | [771](/filings/0000793952-26-000032.md) | [751](/filings/0000793952-26-000061.md) | [799](/filings/0000793952-25-000188.md) | [422 d](/filings/0000793952-26-000011.md) | [794](/filings/0000793952-26-000032.md) | [809](/filings/0000793952-26-000061.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Selling, general and administrative | $m | [301](/filings/0000793952-24-000165.md) | [298 d](/filings/0000793952-26-000011.md) | [293](/filings/0000793952-25-000111.md) | [304](/filings/0000793952-25-000170.md) | [274](/filings/0000793952-25-000188.md) | [274 d](/filings/0000793952-26-000011.md) | [256](/filings/0000793952-26-000032.md) | [301](/filings/0000793952-26-000061.md) | [293](/filings/0000793952-25-000188.md) | [298 d](/filings/0000793952-26-000011.md) | [302](/filings/0000793952-26-000032.md) | [297](/filings/0000793952-26-000061.md) |
| Operating income | $m | [209](/filings/0000793952-24-000165.md) | [(21.1) d](/filings/0000793952-26-000011.md) | [263](/filings/0000793952-25-000111.md) | [241](/filings/0000793952-25-000170.md) | [106](/filings/0000793952-25-000188.md) | [(193) d](/filings/0000793952-26-000011.md) | [160](/filings/0000793952-26-000032.md) | [112](/filings/0000793952-26-000061.md) | [475](/filings/0000793952-25-000188.md) | [(361) d](/filings/0000793952-26-000011.md) | [23.5](/filings/0000793952-26-000032.md) | [76.0](/filings/0000793952-26-000061.md) |
| Interest expense | $m | [7.7](/filings/0000793952-23-000180.md) | [7.7 d](/filings/0000793952-24-000076.md) | [7.7](/filings/0000793952-24-000103.md) | [7.7](/filings/0000793952-25-000170.md) | [7.7](/filings/0000793952-25-000188.md) | [7.7 d](/filings/0000793952-26-000011.md) | [7.7](/filings/0000793952-26-000032.md) | [7.7](/filings/0000793952-26-000061.md) | [10.2](/filings/0000793952-25-000188.md) | [7.9 d](/filings/0000793952-26-000011.md) | [3.6](/filings/0000793952-26-000032.md) | [3.6](/filings/0000793952-26-000061.md) |
| Income tax | $m | [42.2](/filings/0000793952-24-000165.md) | [(18.7) d](/filings/0000793952-26-000011.md) | [58.1](/filings/0000793952-25-000111.md) | [48.7](/filings/0000793952-25-000170.md) | [17.0](/filings/0000793952-25-000188.md) | [(51.9) d](/filings/0000793952-26-000011.md) | [47.2](/filings/0000793952-26-000032.md) | [24.4](/filings/0000793952-26-000061.md) | [116](/filings/0000793952-25-000188.md) | [(58.5) d](/filings/0000793952-26-000011.md) | [18.0](/filings/0000793952-26-000032.md) | [16.3](/filings/0000793952-26-000061.md) |
| Net income | $m | [199](/filings/0000793952-24-000165.md) | [25.8 d](/filings/0000793952-26-000011.md) | [235](/filings/0000793952-25-000111.md) | [218](/filings/0000793952-25-000170.md) | [119](/filings/0000793952-25-000188.md) | [(117) d](/filings/0000793952-26-000011.md) | [133](/filings/0000793952-26-000032.md) | [108](/filings/0000793952-26-000061.md) | [377](/filings/0000793952-25-000188.md) | [(279) d](/filings/0000793952-26-000011.md) | [24.8](/filings/0000793952-26-000032.md) | [79.8](/filings/0000793952-26-000061.md) |
| Diluted EPS | $ per share | [1.38](/filings/0000793952-24-000165.md) | not reported | [1.72](/filings/0000793952-25-000111.md) | [1.63](/filings/0000793952-25-000170.md) | [0.91](/filings/0000793952-25-000188.md) | not reported | [1.07](/filings/0000793952-26-000032.md) | [0.88](/filings/0000793952-26-000061.md) | [3.10](/filings/0000793952-25-000188.md) | not reported | [0.22](/filings/0000793952-26-000032.md) | [0.75](/filings/0000793952-26-000061.md) |
| Basic EPS | $ per share | [1.40](/filings/0000793952-24-000165.md) | not reported | [1.73](/filings/0000793952-25-000111.md) | [1.64](/filings/0000793952-25-000170.md) | [0.92](/filings/0000793952-25-000188.md) | not reported | [1.07](/filings/0000793952-26-000032.md) | [0.89](/filings/0000793952-26-000061.md) | [3.13](/filings/0000793952-25-000188.md) | not reported | [0.23](/filings/0000793952-26-000032.md) | [0.76](/filings/0000793952-26-000061.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: not reported
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [1.9](/filings/0000793952-24-000165.md) | [1.5](/filings/0000793952-26-000011.md) | [1.5](/filings/0000793952-25-000111.md) | [1.8](/filings/0000793952-25-000170.md) | [2.2](/filings/0000793952-25-000188.md) | [1.6](/filings/0000793952-26-000011.md) | [1.9](/filings/0000793952-26-000032.md) | [1.6](/filings/0000793952-26-000061.md) | [1.8](/filings/0000793952-25-000188.md) | [3.1](/filings/0000793952-26-000061.md) | [1.8](/filings/0000793952-26-000032.md) | [1.9](/filings/0000793952-26-000061.md) |
| Current assets | $bn | [5.4](/filings/0000793952-24-000165.md) | [5.2](/filings/0000793952-25-000063.md) | [5.4](/filings/0000793952-25-000111.md) | [5.6](/filings/0000793952-25-000170.md) | [5.9](/filings/0000793952-25-000188.md) | [5.0](/filings/0000793952-26-000011.md) | [5.6](/filings/0000793952-26-000032.md) | [5.1](/filings/0000793952-26-000061.md) | [8.2](/filings/0000793952-25-000188.md) | [5.6](/filings/0000793952-26-000061.md) | [4.7](/filings/0000793952-26-000032.md) | [4.6](/filings/0000793952-26-000061.md) |
| Total assets | $bn | [12.5](/filings/0000793952-24-000165.md) | [12.1](/filings/0000793952-26-000011.md) | [12.3](/filings/0000793952-25-000111.md) | [12.8](/filings/0000793952-25-000170.md) | [13.0](/filings/0000793952-25-000188.md) | [11.9](/filings/0000793952-26-000011.md) | [12.4](/filings/0000793952-26-000032.md) | [12.1](/filings/0000793952-26-000061.md) | [10.6](/filings/0000793952-25-000188.md) | [8.0](/filings/0000793952-26-000061.md) | [7.2](/filings/0000793952-26-000032.md) | [7.2](/filings/0000793952-26-000061.md) |
| Current liabilities | $bn | [2.7](/filings/0000793952-24-000165.md) | [3.4](/filings/0000793952-25-000063.md) | [3.5](/filings/0000793952-25-000111.md) | [3.8](/filings/0000793952-25-000170.md) | [4.2](/filings/0000793952-25-000188.md) | [3.6](/filings/0000793952-26-000011.md) | [3.6](/filings/0000793952-26-000032.md) | [3.8](/filings/0000793952-26-000061.md) | [3.3](/filings/0000793952-25-000188.md) | [2.7](/filings/0000793952-26-000061.md) | [2.5](/filings/0000793952-26-000032.md) | [2.4](/filings/0000793952-26-000061.md) |
| Long-term debt | $bn | [5.9](/filings/0000793952-24-000165.md) | [5.0](/filings/0000793952-25-000063.md) | [5.0](/filings/0000793952-25-000111.md) | [4.9](/filings/0000793952-25-000170.md) | [4.7](/filings/0000793952-25-000188.md) | [4.5](/filings/0000793952-26-000011.md) | [5.0](/filings/0000793952-26-000032.md) | [4.4](/filings/0000793952-26-000061.md) | [3.1](/filings/0000793952-25-000188.md) | [1.6](/filings/0000793952-26-000061.md) | [1.1](/filings/0000793952-26-000032.md) | [1.1](/filings/0000793952-26-000061.md) |
| Current portion of debt | $bn | [0.6](/filings/0000793952-24-000165.md) | [1.3](/filings/0000793952-25-000063.md) | [1.3](/filings/0000793952-25-000111.md) | [2.0](/filings/0000793952-25-000170.md) | [2.6](/filings/0000793952-25-000188.md) | [1.9](/filings/0000793952-26-000011.md) | [1.8](/filings/0000793952-26-000032.md) | [2.0](/filings/0000793952-26-000061.md) | [1.3](/filings/0000793952-25-000188.md) | [0.8](/filings/0000793952-26-000061.md) | [0.5](/filings/0000793952-26-000032.md) | [0.5](/filings/0000793952-26-000061.md) |
| Short-term borrowings | $bn | [0.8](/filings/0000793952-24-000165.md) | [0.9](/filings/0000793952-25-000063.md) | [0.9](/filings/0000793952-25-000111.md) | [0.5](/filings/0000793952-25-000170.md) | [0.5](/filings/0000793952-25-000188.md) | [0.6](/filings/0000793952-26-000011.md) | [0.5](/filings/0000793952-26-000032.md) | [0.5](/filings/0000793952-26-000061.md) | [0.7](/filings/0000793952-25-000188.md) | [0.5](/filings/0000793952-26-000061.md) | [0.5](/filings/0000793952-26-000032.md) | [0.6](/filings/0000793952-26-000061.md) |
| Shareholders' equity | $bn | [3.3](/filings/0000793952-24-000165.md) | [3.3](/filings/0000793952-25-000063.md) | [3.3](/filings/0000793952-25-000111.md) | [3.4](/filings/0000793952-25-000170.md) | [3.4](/filings/0000793952-25-000188.md) | [3.2](/filings/0000793952-26-000011.md) | [3.2](/filings/0000793952-26-000032.md) | [3.3](/filings/0000793952-26-000061.md) | [3.6](/filings/0000793952-25-000188.md) | [3.1](/filings/0000793952-26-000061.md) | [3.1](/filings/0000793952-26-000032.md) | [3.1](/filings/0000793952-26-000061.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [296 d](/filings/0000793952-24-000165.md) | [48.1 d](/filings/0000793952-26-000011.md) | [104](/filings/0000793952-25-000111.md) | [474 d](/filings/0000793952-25-000170.md) | [353 d](/filings/0000793952-25-000188.md) | [133 d](/filings/0000793952-26-000011.md) | [142](/filings/0000793952-26-000032.md) | [368 d](/filings/0000793952-26-000061.md) | [(92.6) d](/filings/0000793952-25-000188.md) | [152 d](/filings/0000793952-26-000011.md) | [(228)](/filings/0000793952-26-000032.md) | [168 d](/filings/0000793952-26-000061.md) |
| Capital expenditure | $m | [52.4 d](/filings/0000793952-24-000165.md) | [68.5 d](/filings/0000793952-26-000011.md) | [46.4](/filings/0000793952-25-000111.md) | [41.5 d](/filings/0000793952-25-000170.md) | [52.6 d](/filings/0000793952-25-000188.md) | [56.1 d](/filings/0000793952-26-000011.md) | [30.0](/filings/0000793952-26-000032.md) | [35.6 d](/filings/0000793952-26-000061.md) | [36.5 d](/filings/0000793952-25-000188.md) | [51.6 d](/filings/0000793952-26-000011.md) | [31.8](/filings/0000793952-26-000032.md) | [12.9 d](/filings/0000793952-26-000061.md) |
| Dividends paid | $m | [24.6 d](/filings/0000793952-24-000165.md) | [23.5 d](/filings/0000793952-26-000011.md) | [24.4](/filings/0000793952-25-000111.md) | [23.0 d](/filings/0000793952-25-000170.md) | [22.1 d](/filings/0000793952-25-000188.md) | [21.8 d](/filings/0000793952-26-000011.md) | [22.9](/filings/0000793952-26-000032.md) | [21.8 d](/filings/0000793952-26-000061.md) | [21.5 d](/filings/0000793952-25-000188.md) | [20.1 d](/filings/0000793952-26-000011.md) | [21.5](/filings/0000793952-26-000032.md) | [19.7 d](/filings/0000793952-26-000061.md) |
| Share repurchases | $m | [69.8 d](/filings/0000793952-24-000165.md) | [125 d](/filings/0000793952-26-000011.md) | [108](/filings/0000793952-25-000111.md) | [102 d](/filings/0000793952-25-000170.md) | [150 d](/filings/0000793952-25-000188.md) | [100 d](/filings/0000793952-26-000011.md) | [93.1](/filings/0000793952-26-000032.md) | [0.0 d](/filings/0000793952-26-000061.md) | [100 d](/filings/0000793952-25-000188.md) | [160 d](/filings/0000793952-26-000011.md) | [70.0](/filings/0000793952-26-000032.md) | [30.4 d](/filings/0000793952-26-000061.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-25) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [147](/filings/0000793952-23-000180.md) | [149](/filings/0000793952-24-000103.md) | [146](/filings/0000793952-24-000150.md) | [144](/filings/0000793952-24-000165.md) | [137](/filings/0000793952-25-000111.md) | [134](/filings/0000793952-25-000170.md) | [131](/filings/0000793952-25-000188.md) | [125](/filings/0000793952-26-000032.md) | [122](/filings/0000793952-26-000061.md) | [122](/filings/0000793952-25-000188.md) | [111](/filings/0000793952-26-000032.md) | [109](/filings/0000793952-26-000061.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 104,072,507 at 2026-07-31, from the cover of the [10-Q filed 2026-08-05](/filings/0000793952-26-000061.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:24 ET. No prices; not investment advice.