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Harley-Davidson HOG Interest income — Financial services

Other product segments

Other
$56.52M+33.1%

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PIIIncome from financial services — Income from financial services
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UMBFOther Financial Services — Revenue Not From Contract With Customer
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ICENet Interest Income — Revenue related to net interest income earned
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DEFinancial Services — Revenue Not From Contract With Customer
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STTNet interest income — All other revenue
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GMGM Financial — GM Financial
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Other financials

Income statement

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Revenue$1.2B-5.9%
Gross profit$421.1M-24.3%
Operating income$76.0M-32.4%
Net income$79.8M-25.8%
EPS (diluted)$0.75-14.8%

Balance sheet

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Cash & equivalents$1.9B+19.4%
Total debt$1.8B-63.3%
Total equity$3.1B-6.6%
Total assets$7.2B-39.9%

Cash flow

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Operating cash flow-$228.0M-261%
CapEx$12.9M-63.7%
Free cash flow-$259.8M-333%

Valuation

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Market cap$2.67B-9.1%
Enterprise value$2.59B-58.8%
P/E4.5×+1.1×
P/S0.6×0.0×

Profitability

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Gross margin33.4%-8.9pp
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×-0.9×
Current ratio1.9×+0.5×

Where this comes from

Reported directly by Harley-Davidson in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The source filing: Harley-Davidson’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000793952-26-000061
Line itemThree months ended / June 30,2026Three months ended / June 30,2025Six months ended / June 30,2026Six months ended / June 30,2025
1,104,2801,043,6492,159,7512,125,155
LiveWire9,1146,01114,2308,754
Motorcycles and related products revenue1,113,3941,049,6602,173,9812,133,909
HDFS:
Interest income60,523214,988110,585424,457
Other56,52042,450118,40277,942
Financial services revenue117,043257,438228,987502,399
$1,230,437$1,307,098$2,402,968$2,636,308

Item 1. Financial Statements

FAQ

What is Harley-Davidson's interest income — financial services?
Harley-Davidson (HOG) reported interest income — financial services of $60.52M in Q2 2026.
How has Harley-Davidson's interest income — financial services changed year-over-year?
Harley-Davidson's interest income — financial services decreased by 71.8% year-over-year, from $214.99M to $60.52M.
What is the long-term trend for Harley-Davidson's interest income — financial services?
Over 4 years (2021 to 2025), Harley-Davidson's interest income — financial services has grown at a -0.1% compound annual growth rate (CAGR), from $671.71M to $668.49M.
What does interest income — financial services mean?
This metric represents the revenue generated from interest earned on retail and wholesale financing products provided to motorcycle customers and dealership networks. It reflects the profitability and scale of the captive financial services arm, which supports core product sales through credit offerings. Monitoring this figure helps investors assess the company's exposure to credit risk and the contribution of financial services to overall corporate earnings.

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