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Harley-Davidson HOG LiveWire — Goodwill

Other segment segments

HDMC
$55.59M+4.2%
HDFS
$0

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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:Goodwill.

The source filing: Harley-Davidson’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 11:57 AM EST
Fiscal year
FY2025
Accession
0000793952-26-000011
Line item2025 / HDMC2025 / Live Wire2025 / Total
Balance, beginning of period$53,328$8,327$61,655
Currency translation2,2582,258
Balance, end of period$55,586$8,327$63,913

Item 8. Financial Statements and Supplementary Data

FAQ

What is Harley-Davidson's livewire — goodwill?
Harley-Davidson (HOG) reported livewire — goodwill of $8.33M in Q4 2025.
How has Harley-Davidson's livewire — goodwill changed year-over-year?
Harley-Davidson's livewire — goodwill decreased by 0.0% year-over-year, from $8.33M to $8.33M.
What does livewire — goodwill mean?
This metric represents the intangible asset value that arises when the company acquires another business for a price higher than the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within the LiveWire segment. Changes in this value may indicate impairment or strategic adjustments to the segment's valuation.

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