Harley-Davidson financials
$24.82+0.61%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.47B | $5.19B | $5.84B | $5.76B | $5.34B | $4.05B | $5.36B | $5.72B | $5.65B | $6.00B |
| Gross profit | $1.73B | $2.18B | $2.51B | $2.35B | $2.09B | $1.62B | $2.13B | $2.37B | $2.37B | $2.57B |
| Gross margin | 38.7% | 42.0% | 43.1% | 40.9% | 39.2% | 39.9% | 39.8% | 41.4% | 42.1% | 42.9% |
| Operating income | $583.9M | $1.04B | $1.34B | $1.27B | $1.04B | $438.0M | $766.0M | $906.7M | $1.06B | $1.22B |
| Net income | $338.7M | $455.4M | $706.6M | $741.4M | $650.0M | $1.3M | $423.6M | $531.5M | $521.8M | $692.2M |
| Net margin | 7.6% | 8.8% | 12.1% | 12.9% | 12.2% | 0.0% | 7.9% | 9.3% | 9.2% | 11.5% |
| Diluted EPS | $2.78 | $3.44 | $4.87 | $4.96 | $4.19 | $0.01 | $2.68 | $3.19 | $3.02 | $3.83 |
| EBITDA | $583.9M | $1.04B | $1.34B | $1.27B | $1.04B | $568.0M | $798.4M | $1.00B | $1.06B | $1.22B |
| Operating cash flow | $568.9M | $1.06B | $754.9M | $548.5M | $975.7M | $1.18B | $868.3M | $1.21B | $1.01B | $1.17B |
| Free cash flow | $415.2M | $867.3M | $547.5M | $396.8M | $855.5M | $1.05B | $686.8M | $992.4M | $798.8M | $918.1M |
| Diluted shares | 121.3M | 132.3M | 145.1M | 149.4M | 155.0M | 153.9M | 157.8M | 166.5M | 172.9M | 180.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.09B | $1.59B | $1.53B | $1.43B | $1.87B | $3.26B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.97B | $6.96B | $7.13B | $6.91B | $7.18B | $9.07B |
| Total assets | $8.04B | $11.88B | $12.14B | $11.49B | $11.05B | $12.01B |
| Total liabilities | $4.89B | $8.72B | $8.89B | $8.59B | $8.50B | $10.29B |
| Shareholders' equity | $3.16B | $3.16B | $3.25B | $2.91B | $2.55B | $1.72B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology