Harley-Davidson (HOG) Cost of Revenue (2009 - 2026)
Harley-Davidson's (HOG) quarterly Cost of Revenue came in at $809.3 million in Q2 2026, up 7.79% year-over-year from $750.8 million in Q2 2025, and up 1.91% quarter-over-quarter from $794.1 million in Q1 2026.
Analysis
Harley-Davidson (HOG) Cost of Revenue (2009 - 2026) Analysis & Trends
Harley-Davidson has disclosed Cost of Revenue across 18 years of filings, most recently posting $809.3 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 7.79% year-over-year to $809.3 million; the TTM figure through Jun 2026 stood at $2.8 billion (up 9.45% YoY), while the FY2025 annual figure was $2.7 billion, down 8.79% from the prior year.
- Cost of Revenue came in at $809.3 million for Q2 2026 at Harley-Davidson, up from $794.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.0 billion in Q1 2024 to a low of $421.6 million in Q4 2025.
- Average Cost of Revenue over 5 years is $782.1 million, with a median of $796.4 million recorded in 2025.
- Year-over-year, Cost of Revenue tumbled 30.76% in 2024 and climbed 29.12% in 2025.
- Over 5 years, Cost of Revenue stood at $681.8 million in 2022, then dropped by 7.45% to $631.0 million in 2023, then plunged by 30.33% to $439.7 million in 2024, then retreated by 4.12% to $421.6 million in 2025, then jumped by 91.98% to $809.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $809.3 million in Q2 2026, $794.1 million in Q1 2026, and $421.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | 2.43 Bn |
| 2 | Polaris | 3.43 Bn | 3.12 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 914.03 Mn | 421.12 Mn | 809.32 Mn |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 1.12 Bn |
| 5 | Winnebago Industries | 816.60 Mn | 759.50 Mn | 94.90 Mn | 603.80 Mn |
| 6 | Malibu Boats | 498.45 Mn | 424.03 Mn | 52.19 Mn | 243.35 Mn |
| 7 | MasterCraft Boat Holdings | 368.87 Mn | 284.25 Mn | 19.54 Mn | 58.66 Mn |
| 8 | Niu Technologies | 164.91 Mn | -30.22 Mn | 33.95 Mn | 178.34 Mn |
| 9 | Massimo | 42.47 Mn | 37.84 Mn | 7.28 Mn | 7.64 Mn |
| 10 | Gogoro | 39.10 Mn | -29.74 Mn | 15.96 Mn | 54.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 809.32 Mn |
| Mar 31, 2026 | 794.13 Mn |
| Dec 31, 2025 | 421.56 Mn |
| Sep 30, 2025 | 798.68 Mn |
| Jun 30, 2025 | 750.79 Mn |
| Mar 31, 2025 | 770.79 Mn |
| Dec 31, 2024 | 439.67 Mn |
| Sep 30, 2024 | 618.58 Mn |
| Jun 30, 2024 | 924.01 Mn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | 631.03 Mn |
| Sep 30, 2023 | 893.34 Mn |
| Jun 30, 2023 | 790.63 Mn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 681.82 Mn |
| Sep 25, 2022 | 946.66 Mn |
| Jun 26, 2022 | 879.72 Mn |
| Mar 27, 2022 | 895.54 Mn |
| Dec 31, 2021 | 657.02 Mn |
| Sep 26, 2021 | 850.19 Mn |