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Harley-Davidson (HOG) Cost of Revenue (2016 - 2025)

Harley-Davidson's Cost of Revenue history spans 17 years, with the latest figure at $421.6 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 4.12% year-over-year to $421.6 million; the TTM value through Dec 2025 reached $2.7 billion, down 8.79%, while the annual FY2025 figure was $2.7 billion, 8.79% down from the prior year.
  • Cost of Revenue for Q4 2025 was $421.6 million at Harley-Davidson, down from $798.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.0 billion in Q1 2024 and bottomed at $421.6 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $805.2 million (2021), against an average of $785.9 million.
  • The largest annual shift saw Cost of Revenue surged 64.6% in 2021 before it tumbled 30.76% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $657.0 million in 2021, then increased by 3.77% to $681.8 million in 2022, then decreased by 7.45% to $631.0 million in 2023, then tumbled by 30.33% to $439.7 million in 2024, then decreased by 4.12% to $421.6 million in 2025.
  • Per Business Quant, the three most recent readings for HOG's Cost of Revenue are $421.6 million (Q4 2025), $798.7 million (Q3 2025), and $750.8 million (Q2 2025).