Harley-davidson, Inc. income statement

In fiscal 2025, Harley-davidson, Inc. reported revenue of $4.47bn, down 13.8% on the year before, operating income of $387m (a 8.6% margin) and net income of $339m, or $2.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Harley-davidson, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	4,782	4,859	5,312	5,581	5,900	6,229	5,995	5,996	5,647	5,717	5,362	4,054	5,336	5,755	5,836	5,187	4,473	4,240
Cost of revenue	—	—	—	—	—	—	—	3,426	3,272	3,352	3,230	2,436	3,243	3,404	3,322	3,006	2,742	2,824
Gross profit	—	—	—	—	—	—	—	2,570	2,375	2,365	2,132	1,619	2,093	2,351	2,514	2,181	1,731	1,416
Research and development	143	136	145	137	152	138	161	172	175	192	217	202	175	159	159	—	—	—
Selling, general and administrative	979	1,020	1,061	1,111	1,125	1,160	1,220	1,214	1,180	1,258	1,199	1,051	1,052	1,079	1,176	1,145	1,147	1,191
Operating income	196	561	830	1,000	1,154	1,281	1,156	1,046	882	714	556	10	823	909	779	417	387	213
Interest expense	22	90	45	46	45	4	12	30	31	31	31	31	31	31	31	31	33	25
Provision for credit losses	169	93	17	22	60	81	101	137	132	107	135	182	25	145	227	247	−191	−264
Income before tax	179	390	793	962	1,114	1,283	1,150	1,024	864	687	557	−16	819	931	867	517	459	288
Income tax	108	131	245	338	380	439	398	332	342	155	134	−17	169	192	172	72	130	92
Net income	−55	147	599	624	734	845	752	692	522	531	424	1	650	741	707	455	339	203
Diluted EPS	−$0.24	$0.62	$2.55	$2.72	$3.28	$3.88	$3.69	$3.83	$3.02	$3.19	$2.68	$0.01	$4.19	$4.96	$4.87	$3.44	$2.78	$1.77
Diluted shares (average)	233m	235m	235m	229m	224m	218m	204m	181m	173m	167m	158m	154m	155m	149m	145m	132m	121m	114m
EBITDA	442	816	1,010	1,169	1,321	1,460	1,354	1,256	1,104	978	788	195	989	1,061	937	577	559	390

US$ millions unless shown otherwise. Fiscal quarters.

Harley-davidson, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	1,151	688	1,329	1,307	1,341	496	1,173	1,230
Cost of revenue	619	440	771	751	799	422	794	809
Gross profit	532	248	558	556	542	75	378	421
Selling, general and administrative	274	274	256	301	293	298	302	297
Operating income	106	−193	160	112	475	−361	23	76
Interest expense	8	8	8	8	10	8	4	4
Provision for credit losses	58	72	53	50	−301	7	13	18
Income before tax	133	−170	178	130	492	−341	42	95
Income tax	17	−52	47	24	116	−58	18	16
Net income	119	−117	133	108	377	−279	25	80
Diluted EPS	$0.91	−$0.83	$1.07	$0.88	$3.10	−$2.25	$0.22	$0.75
EBITDA	145	−152	202	153	519	−315	68	119

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Harley-davidson, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Harley-davidson, Inc.