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Harley-Davidson HOG Financial Services Entities — Operating Income (Loss)

Other segment segments

Non-Financial Services Entities
$18.93M-83.7%
LiveWire
-$17.67M+10.8%

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Other financials

Income statement

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Revenue$1.2B-11.8%
Gross profit$378.4M-32.2%
Operating income$23.5M-85.4%
Net income$24.8M-81.4%
EPS (diluted)$0.22-79.4%

Balance sheet

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Cash & equivalents$1.8B-6.5%
Total debt$1.7B-69.1%
Total equity$3.1B-3.7%
Total assets$7.2B-41.5%

Cash flow

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Operating cash flow-$228.0M-261%
CapEx$31.8M+6.1%
Free cash flow-$259.8M-333%

Valuation

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Market cap$2.69B-28.1%
Enterprise value$2.59B-67.9%
P/E4.2×+1.0×
P/S0.6×-0.2×

Profitability

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Gross margin35.9%-6.5pp
Operating margin11%-2.6pp
Net margin10.8%-1.4pp
FCF margin18.4%+6.0pp

Returns & leverage

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Return on equity17.7%-5.8pp
Debt / equity0.6×-1.2×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by Harley-Davidson in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Harley-Davidson’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Harley-Davidson's financial services entities — operating income (loss)?
Harley-Davidson (HOG) reported financial services entities — operating income (loss) of $22.24M in Q1 2026.
How has Harley-Davidson's financial services entities — operating income (loss) changed year-over-year?
Harley-Davidson's financial services entities — operating income (loss) decreased by 65.3% year-over-year, from $64.04M to $22.24M.
What is the long-term trend for Harley-Davidson's financial services entities — operating income (loss)?
Over 3 years (2021 to 2024), Harley-Davidson's financial services entities — operating income (loss) has grown at a -15.7% compound annual growth rate (CAGR), from $414.81M to $248.42M.
What does financial services entities — operating income (loss) mean?
This is the profit or loss generated by the financial services segment after accounting for interest expenses, credit provisions, and operating costs. It measures the core profitability of the captive finance arm independent of the manufacturing business. A consistent operating income indicates a healthy and sustainable financial services operation.