Harley-Davidson, Inc. (HOG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.17B | 496.16M | 1.34B | 1.31B | 1.33B | 687.61M | 1.15B | 1.62B | 1.73B | 1.05B | 1.55B | 1.45B | 1.79B | 1.14B | 1.65B | 1.47B | 1.5B | 1.02B | 1.37B | 1.53B |
| Revenue Growth % | -11.79% | -27.84% | 16.51% | -19.26% | -23.15% | -34.71% | -25.72% | 11.99% | -3.3% | -7.8% | -6.04% | -1.6% | 19.63% | 12.38% | 20.75% | -4.11% | 5.11% | 40.15% | 17.13% | 77.07% |
| Cost of Goods Sold | 0 | 609.42M | 868.43M | 938.46M | 859.72M | 534.49M | 713.04M | 1.02B | 1.11B | 719.74M | 977.47M | 876.63M | 1.08B | 748.98M | 1.01B | 927.37M | 937.63M | 700.87M | 894.96M | 973.07M |
| COGS % of Revenue | - | 122.83% | 64.77% | 71.8% | 64.68% | 77.73% | 61.97% | 62.87% | 64.32% | 68.34% | 63.1% | 60.64% | 60.43% | 65.57% | 61.11% | 63.13% | 62.71% | 68.95% | 65.55% | 63.51% |
| Gross Profit | 266.99M | -113.26M | 472.28M | 368.64M | 469.49M | 153.12M | 437.65M | 601.14M | 617.19M | 333.47M | 571.59M | 568.89M | 707.84M | 393.3M | 641.18M | 541.72M | 557.55M | 315.56M | 470.35M | 558.99M |
| Gross Margin % | 22.77% | -22.83% | 35.23% | 28.2% | 35.32% | 22.27% | 38.03% | 37.13% | 35.68% | 31.66% | 36.9% | 39.36% | 39.57% | 34.43% | 38.89% | 36.87% | 37.29% | 31.05% | 34.45% | 36.49% |
| Gross Profit Growth % | -43.13% | -173.97% | 7.91% | -38.68% | -23.93% | -54.08% | -23.43% | 5.67% | -12.81% | -15.21% | -10.85% | 5.02% | 26.95% | 24.63% | 36.32% | -3.09% | 0.43% | 29.05% | 11.63% | 131.57% |
| Operating Expenses | 248.06M | 247.8M | -6.39M | 256.2M | 308.99M | 346.47M | 331.86M | 360.04M | 354.11M | 354.62M | 362.31M | 347.55M | 338.23M | 389.59M | 302.46M | 264.1M | 268.32M | 322.87M | 266.13M | 278.63M |
| OpEx % of Revenue | 21.16% | 49.94% | -0.48% | 19.6% | 23.25% | 50.39% | 28.84% | 22.24% | 20.47% | 33.67% | 23.39% | 24.04% | 18.91% | 34.11% | 18.35% | 17.98% | 17.95% | 31.77% | 19.49% | 18.19% |
| Selling, General & Admin | 248.06M | 247.8M | 295.11M | 256.2M | 255.66M | 274.26M | 273.88M | 304.01M | 293.1M | 297.96M | 301.45M | 290.27M | 285.86M | 339.18M | 265.84M | 235.23M | 239.63M | 300.51M | 254.31M | 261.51M |
| SG&A % of Revenue | 21.16% | 49.94% | 22.01% | 19.6% | 19.23% | 39.89% | 23.8% | 18.78% | 16.95% | 28.29% | 19.46% | 20.08% | 15.98% | 29.69% | 16.13% | 16.01% | 16.03% | 29.57% | 18.63% | 17.07% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 23.49M | -361.06M | 478.67M | 112.44M | 160.5M | -193.35M | 105.8M | 241.1M | 263.08M | -21.15M | 209.28M | 221.34M | 369.61M | 3.71M | 338.72M | 277.62M | 289.23M | -7.31M | 204.21M | 280.36M |
| Operating Margin % | 2% | -72.77% | 35.7% | 8.6% | 12.07% | -28.12% | 9.19% | 14.89% | 15.21% | -2.01% | 13.51% | 15.31% | 20.66% | 0.33% | 20.55% | 18.9% | 19.34% | -0.72% | 14.96% | 18.3% |
| Operating Income Growth % | -85.36% | -86.74% | 352.45% | -53.37% | -38.99% | -814.27% | -49.45% | 8.93% | -28.82% | -669.57% | -38.21% | -20.27% | 27.79% | 150.81% | 65.87% | -0.98% | -16.45% | 93.89% | 48.1% | 341.48% |
| EBITDA | 23.49M | -333.13M | 522.88M | 152.86M | 202.2M | -152.24M | 144.99M | 279.97M | 304.58M | 24.37M | 249.65M | 259.21M | 403.96M | 40.79M | 376.2M | 315.75M | 328.49M | 35.4M | 245.37M | 321.46M |
| EBITDA Margin % | 2% | -67.14% | 39% | 11.69% | 15.21% | -22.14% | 12.6% | 17.29% | 17.61% | 2.31% | 16.12% | 17.93% | 22.58% | 3.57% | 22.82% | 21.49% | 21.97% | 3.48% | 17.97% | 20.98% |
| EBITDA Growth % | -88.38% | -118.81% | 260.64% | -45.4% | -33.61% | -724.67% | -41.92% | 8.01% | -24.6% | -40.25% | -33.64% | -17.91% | 22.98% | 15.24% | 53.32% | -1.78% | -14.99% | 147.86% | 34.46% | 572.24% |
| D&A (Non-Cash Add-back) | 0 | 0 | 44.21M | 40.42M | 41.7M | 41.1M | 39.19M | 38.87M | 41.5M | 45.52M | 40.37M | 37.87M | 34.35M | 37.08M | 37.48M | 38.13M | 39.26M | 42.7M | 41.16M | 41.1M |
| EBIT | 23.49M | -333.13M | 478.67M | 137.86M | 185.71M | -162.61M | 140.65M | 271.79M | 298.05M | 12.25M | 245.97M | 239.72M | 399.73M | 30.25M | 349.8M | 284.14M | 298.28M | 13.31M | 205.27M | 283.78M |
| Net Interest Income | 8.7M | 4.23M | 2.15M | 3.25M | -7.69M | -7.68M | -7.71M | -7.68M | -7.68M | -7.68M | -7.69M | -7.7M | -7.72M | -7.68M | -8.12M | -7.72M | -7.71M | -7.76M | -7.78M | -7.72M |
| Interest Income | 8.7M | 12.11M | 12.27M | 10.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -3.57M | 7.88M | 10.12M | 7.7M | 7.69M | 7.68M | 7.71M | 7.68M | 7.68M | 7.68M | 7.69M | 7.7M | 7.72M | 7.68M | 8.12M | 7.72M | 7.71M | 7.76M | 7.78M | 7.72M |
| Other Income/Expense | 18.6M | 20.05M | 12.88M | 17.73M | 17.53M | 23.06M | 27.15M | 23.01M | 27.29M | 25.72M | 28.99M | 10.68M | 22.4M | 18.85M | 2.96M | -1.2M | 1.34M | 12.85M | -6.72M | -4.3M |
| Pretax Income | 42.1M | -341.01M | 491.55M | 130.17M | 178.03M | -170.29M | 132.95M | 264.11M | 290.37M | 4.57M | 238.28M | 232.02M | 392.01M | 22.57M | 341.68M | 276.42M | 290.57M | 5.54M | 197.49M | 276.06M |
| Pretax Margin % | 3.59% | -68.73% | 36.66% | 9.96% | 13.39% | -24.77% | 11.55% | 16.31% | 16.79% | 0.43% | 15.38% | 16.05% | 21.92% | 1.98% | 20.73% | 18.82% | 19.43% | 0.55% | 14.46% | 18.02% |
| Income Tax | 17.97M | -58.46M | 116.38M | 24.42M | 47.23M | -51.86M | 16.98M | 48.71M | 58.13M | -18.72M | 42.18M | 58.19M | 90.18M | -17.11M | 80.49M | 60.57M | 68.07M | -16.02M | 34.52M | 69.72M |
| Effective Tax Rate % | 42.7% | 17.14% | 23.68% | 18.76% | 26.53% | 30.45% | 12.77% | 18.44% | 20.02% | -409.72% | 17.7% | 25.08% | 23% | -75.83% | 23.56% | 21.91% | 23.43% | -289.02% | 17.48% | 25.26% |
| Net Income | 24.77M | -279.3M | 377.37M | 107.57M | 133.1M | -116.89M | 119.04M | 218.27M | 234.94M | 25.81M | 198.65M | 178.04M | 304.09M | 41.87M | 261.19M | 215.85M | 222.5M | 21.57M | 162.97M | 206.34M |
| Net Margin % | 2.11% | -56.29% | 28.15% | 8.23% | 10.01% | -17% | 10.35% | 13.48% | 13.58% | 2.45% | 12.82% | 12.32% | 17% | 3.67% | 15.84% | 14.69% | 14.88% | 2.12% | 11.94% | 13.47% |
| Net Income Growth % | -81.39% | -138.94% | 217.01% | -50.72% | -43.35% | -552.93% | -40.08% | 22.6% | -22.74% | -38.36% | -23.94% | -17.52% | 36.67% | 94.14% | 60.26% | 4.61% | -14.14% | 122.37% | 35.56% | 323.75% |
| Net Income (Continuing) | 24.12M | -282.55M | 375.17M | 105.75M | 130.8M | -118.43M | 115.97M | 215.41M | 232.23M | 23.28M | 196.1M | 173.83M | 301.83M | 39.68M | 261.19M | 215.85M | 222.5M | 21.57M | 162.97M | 206.34M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 15.95M | 16.18M | -11.02M | -8.99M | -8.49M | -7.55M | -6.19M | -4.44M | -1.64M | -513K | 1.25M | 960K | 2.79M | 3.29M | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.22 | -2.44 | 3.10 | 0.88 | 1.07 | -0.93 | 0.91 | 1.63 | 1.72 | 0.18 | 1.38 | 1.22 | 2.04 | 0.28 | 1.78 | 1.46 | 1.45 | 0.14 | 1.05 | 1.33 |
| EPS Growth % | -79.44% | -162.37% | 240.66% | -46.01% | -37.79% | -616.67% | -34.06% | 33.61% | -15.69% | -35.71% | -22.47% | -16.44% | 40.69% | 100% | 69.52% | 9.77% | -13.69% | 122.22% | 34.62% | 321.67% |
| EPS (Basic) | 0.23 | -2.44 | 3.13 | 0.89 | 1.07 | -0.93 | 0.92 | 1.64 | 1.73 | 0.19 | 1.40 | 1.24 | 2.08 | 0.29 | 1.79 | 1.47 | 1.46 | 0.14 | 1.06 | 1.34 |
| Diluted Shares Outstanding | 110.77M | 114.31M | 121.68M | 123.46M | 124.72M | 126.26M | 130.96M | 134.11M | 136.92M | 141.46M | 144.32M | 145.79M | 148.93M | 148.96M | 147.07M | 147.84M | 153.92M | 155.2M | 155.12M | 155.09M |
| Basic Shares Outstanding | 110.02M | 114.31M | 120.61M | 122.73M | 123.95M | 126.26M | 130.08M | 133.41M | 136.11M | 138.52M | 141.62M | 143.41M | 146.05M | 146.19M | 146.22M | 147.21M | 152.82M | 153.88M | 153.86M | 153.75M |
| Dividend Payout Ratio | - | - | 5.71% | 20.3% | 17.22% | - | 18.56% | 10.53% | 10.38% | 91.19% | 12.37% | 13.52% | 7.93% | 54.97% | 8.81% | 10.7% | 10.81% | 107.15% | 14.18% | 11.2% |