LiveWire Group, Inc. (LVWR)

LiveWire Group Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	25.67	26.63	38.02	46.83	35.81
Revenue Growth (YoY)	-3.61%	-29.96%	-18.81%	30.80%	16.02%
Cost of Revenue	30.11	39.42	43.8	43.93	38.38
Gross Profit	-4.43	-12.78	-5.77	2.9	-2.57
Selling, General & Admin	71.05	92.96	110.22	87.86	65.61
Operating Expenses	71.05	92.96	110.22	87.86	65.61
Operating Income	-75.48	-105.74	-115.99	-84.96	-68.18
Interest Expense	-0.26	-	-	-0.48	-0.29
Interest & Investment Income	1.17	5.7	10.54	1.19	0.02
Other Non Operating Income (Expenses)	-0.35	10.77	-4.02	5.27	0.3
EBT Excluding Unusual Items	-74.93	-89.27	-109.47	-78.97	-68.15
Merger & Restructuring Charges	-	-4.62	-	-	-
Pretax Income	-74.93	-93.88	-109.47	-78.97	-68.15
Income Tax Expense	0.19	0.04	0.08	-0.03	0.14
Net Income	-75.11	-93.93	-109.55	-78.94	-68.29
Net Income to Common	-75.11	-93.93	-109.55	-78.94	-68.29
Shares Outstanding (Basic)	204	203	203	172	161
Shares Outstanding (Diluted)	204	203	203	172	161
Shares Change (YoY)	0.26%	0.35%	17.73%	6.83%	-
EPS (Basic)	-0.37	-0.46	-0.54	-0.46	-0.42
EPS (Diluted)	-0.37	-0.46	-0.54	-0.46	-0.42
Free Cash Flow	-57.36	-101.93	-96.92	-103.76	-84.49
Free Cash Flow Per Share	-0.28	-0.50	-0.48	-0.60	-0.53
Gross Margin	-17.27%	-48.00%	-15.18%	6.20%	-7.19%
Operating Margin	-294.03%	-397.03%	-305.05%	-181.40%	-190.42%
Profit Margin	-292.59%	-352.66%	-288.12%	-168.55%	-190.73%
Free Cash Flow Margin	-223.43%	-382.71%	-254.91%	-221.56%	-235.97%
EBITDA	-65.34	-96.66	-111	-80.59	-63.46
EBITDA Margin	-254.53%	-	-291.92%	-172.08%	-177.24%
D&A For EBITDA	10.14	9.08	4.99	4.37	4.72
EBIT	-75.48	-105.74	-115.99	-84.96	-68.18
EBIT Margin	-294.03%	-	-	-181.40%	-190.42%
Advertising Expenses	-	5.23	4.67	7.94	5.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q