UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9183 Harley-Davidson, Inc. (Exact name of registrant as specified in its charter) | Wisconsin | | 39-1382325 | | --- | --- | --- | | (State ...

Key Takeaways Harley-Davidson posted Q3 adjusted EPS of $3.10, far exceeding the estimated $1.38 per share.Consolidated revenues rose 17% year over year to $1.34 billion, fueled by a 33% rise in shipments.HOG's Motor Company revenues surged 23% to $1.07 billion, while LiveWire shipments jumped 86%.Harley-Davidson, Inc. (HOG) reported third-quarter 2025 adjusted earnings of $3.10 per share, which topped the Zacks Consensus Estimate of $1.38. The company had reported earnings of 91 cents per share in the year ...

Core Insights - Harley-Davidson Inc. shares fell over 5% despite reporting third-quarter results that significantly exceeded expectations, driven by a transformation in its financial services division [1] Financial Performance - The company reported adjusted earnings of $3.10 per share, surpassing the consensus estimate of $1.58, while revenue increased by 17% year-over-year to $1.34 billion, exceeding estimates of $1.01 billion [2] - The strong performance was largely attributed to the completion of the Harley-Davidson Financial Services transaction with KKR and PIMCO, which transitioned the unit to a capital-light, lower-risk structure [2] Market Trends - Global motorcycle retail sales declined by 6% compared to the previous year, with North America down 5% and international markets down 9%, reflecting weaker consumer confidence and higher interest rates [3] - The motorcycle segment (HDMC) experienced a 23% revenue increase as global shipments rose by 33%, although the operating income margin for HDMC decreased to 5.0% from 6.3% a year ago [3] Future Outlook - Management indicated that the HDFS deal is expected to generate approximately $1.2 billion to $1.25 billion in discretionary cash by the end of the first quarter of 2026 [3]

Skip to Main Content Skip to Search This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Harley-Davidson Earnings Smash Expectations. Why the Stock Is Down. By Al Root Updated Nov 04, 2025, 4:20 pm EST / Original Nov 04, 2025, 7:51 am EST Share Resize Reprints In this article ...

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Harley-Davidson reported higher third-quarter profit, but said demand for motorcycles remains soft due to economic uncertainty and global tariffs https://t.co/pTG2UpmAgT ...

For the quarter ended September 2025, Harley-Davidson (HOG) reported revenue of $1.08 billion, up 22.5% over the same period last year. EPS came in at $3.10, compared to $0.91 in the year-ago quarter.The reported revenue represents a surprise of +7.98% over the Zacks Consensus Estimate of $999.74 million. With the consensus EPS estimate being $1.38, the EPS surprise was +124.64%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

Harley-Davidson (NYSE:HOG) Q3 2025 Earnings Call November 04, 2025 09:00 AM ET Speaker0Thank you for standing by and welcome to the Harley-Davidson 2025 third quarter investor and analyst conference call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Shawn Collins. Thank you. Please go ahead.Speaker2Thank you. Good morning. This is Shawn Collins, the director of investor relations at Harley-Davidson. You can access the slides supporting today's ...

Harley-Davidson (NYSE:HOG) Q3 2025 Earnings Call November 04, 2025 09:00 AM ET Speaker0Thank you for standing by, and welcome to the Harley Davidson twenty twenty five Third Quarter Investor and Analyst Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Sean Collins. Thank you. Please go ahead.Speaker1Thank you. Good morning. This is Sean Collins, the Director of Investor Relations at Harley Davidson. You can access the slides suppor ...

分组1 - Harley-Davidson reported quarterly earnings of $3.1 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing a significant increase from $0.91 per share a year ago, resulting in an earnings surprise of +124.64% [1] - The company achieved revenues of $1.08 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.98%, compared to revenues of $881.21 million in the same quarter last year [2] - Over the last four quarters, Harley-Davidson has surpassed consensus EPS estimates two times and topped consensus revenue estimates once [2] 分组2 - The stock has underperformed the market, losing about 10% since the beginning of the year, while the S&P 500 has gained 16.5% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $616.82 million, and for the current fiscal year, it is $3.75 on revenues of $3.75 billion [7] 分组3 - The Zacks Industry Rank indicates that the Automotive - Domestic sector is currently in the bottom 41% of over 250 Zacks industries, suggesting potential challenges for stocks in this category [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5] - The estimate revisions trend for Harley-Davidson was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6]