Harley-Davidson Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,317	4,473	5,187	5,836	5,755	5,336
Revenue Growth (YoY)	-9.82%	-13.76%	-11.13%	1.41%	7.85%	31.62%
Cost of Revenue	2,765	2,742	3,006	3,322	3,404	3,243
Gross Profit	1,551	1,731	2,181	2,514	2,351	2,093
Selling, General & Admin	1,194	1,147	1,145	1,176	1,079	1,052
Other Operating Expenses	107.43	197.24	618.99	559.54	362.79	217.99
Total Operating Expenses	1,302	1,345	1,764	1,735	1,442	1,270
Operating Income	249.63	386.64	416.63	779.08	909.28	823.44
Interest Income	44.03	44.27	58.96	46.77	4.54	6.69
Interest Expense	-29.33	-33.44	-30.75	-30.79	-31.24	-30.97
Other Non-Operating Income (Expense)	58.47	61.27	72.3	71.81	48.65	20.08
Total Non-Operating Income (Expense)	73.17	72.1	100.51	87.79	21.96	-4.2
Pretax Income	322.8	458.73	517.14	866.88	931.23	819.24
Provision for Income Taxes	100.32	129.58	71.96	171.83	192.02	169.21
Net Income	230.41	338.74	455.36	706.59	741.41	650.02
Minority Interest in Earnings	7.93	9.58	10.18	11.54	2.19	-
Net Income to Common	230.41	338.74	455.36	706.59	741.41	650.02
Net Income Growth	-34.83%	-25.61%	-35.55%	-4.70%	14.06%	49978.89%
Shares Outstanding (Basic)	117	120	131	142	148	154
Shares Outstanding (Diluted)	117	121	132	145	149	155
Shares Change (YoY)	-9.13%	-8.34%	-8.83%	-2.84%	-3.63%	0.70%
EPS (Basic)	1.81	2.82	3.46	4.96	5.01	4.23
EPS (Diluted)	1.76	2.78	3.44	4.87	4.96	4.19
EPS Growth	-34.33%	-19.19%	-29.36%	-1.81%	18.38%	41800.00%
Shares Outstanding	110.02	111.66	124.28	142.38	145.86	153.57
Free Cash Flow	43.87	415.24	867.27	547.48	396.79	855.52
Free Cash Flow Growth	-89.44%	-52.12%	58.41%	37.98%	-53.62%	-18.28%
Free Cash Flow Per Share	0.37	3.42	6.56	3.77	2.66	5.52
Dividends Per Share	0.728	0.720	0.690	0.660	0.630	0.600
Dividend Growth	1.04%	4.35%	4.54%	4.76%	5.00%	36.36%
Gross Margin	35.94%	38.71%	42.05%	43.08%	40.86%	39.22%
Operating Margin	5.78%	8.64%	8.03%	13.35%	15.80%	15.43%
Profit Margin	5.15%	7.36%	8.58%	11.91%	12.84%	12.18%
FCF Margin	1.02%	9.28%	16.72%	9.38%	6.89%	16.03%
EBITDA	249.63	617.72	662.01	1,035	909.28	823.44
EBITDA Margin	5.78%	13.81%	12.76%	17.74%	15.80%	15.43%
EBIT	249.63	386.64	416.63	779.08	909.28	823.44
EBIT Margin	5.78%	8.64%	8.03%	13.35%	15.80%	15.43%
Effective Tax Rate	31.08%	28.25%	13.92%	19.82%	20.62%	20.66%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q