Harley-Davidson Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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