Harley-Davidson (HOG) Cost of Revenue (2009 - 2026)
Harley-Davidson (HOG) recorded Cost of Revenue of $809.32 million in Q2 2026, up 7.8% from $750.79 million a year earlier and up 1.9% from the prior quarter.
Harley-Davidson (HOG) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Harley-Davidson's Cost of Revenue came in at $2.82 billion as of Jun 30, 2026, up 9.5% year-over-year; for FY2025, it came in at $2.74 billion, down 8.8% from FY2024.
- Annual Cost of Revenue has declined for three straight years, though with a five-year compound annual growth rate of 2.4% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $3.01 billion in FY2024 (-9.5%), $3.32 billion in FY2023 (-2.4%), $3.4 billion in FY2022 (+4.9%) and $3.24 billion in FY2021 (+33.2%).
- The Q2 2026 figure is the highest quarterly Cost of Revenue since Q2 2024.
- On a year-over-year basis, Cost of Revenue rose in three of the last eight quarters, with an average decline of 8.6%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 57.8% in Q4 2021, against a decline of 30.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $794.13 million (Q1 2026), $421.56 million (Q4 2025) and $798.68 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 23.49 Bn |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 63.91 Bn |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | 1.07 Bn |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 29.57 Bn |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 40.70 Bn |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | 42.22 Bn |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | 1.48 Bn |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | 9.37 Bn |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | 44.99 Bn |
| 10 | Harley-Davidson | 2.55 Bn | -6.00 Bn | 421.12 Mn | 809.32 Mn |
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 |
Harley-Davidson Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();