Harley-Davidson (HOG) Free Cash Flow (2009 - 2026)
Harley-Davidson recorded quarterly Free Cash Flow of -$596.9 million in Q1 2026, up 74.04% quarter-over-quarter from -$2.3 billion in Q4 2025, and little changed year-over-year from -$598.5 million in Q1 2025.
Harley-Davidson's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$596.9 million for Q1 2026.
- In Q1 2026, Free Cash Flow changed 0.27% year-over-year to -$596.9 million; the TTM figure through Mar 2026 stood at -$2.0 billion (up 16.08% YoY), while the FY2025 annual figure was -$2.0 billion, up 22.94% from the prior year.
- Free Cash Flow came in at -$596.9 million for Q1 2026 at Harley-Davidson, up from -$2.3 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.3 billion in Q3 2024 to a low of -$3.7 billion in Q4 2023.
- A 5-year average of -$722.7 million and a median of -$803.8 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 9382.72% in 2022 and jumped 345.28% in 2023, its largest moves.
- Harley-Davidson's Free Cash Flow stood at -$811.2 million in 2022, then tumbled by 354.43% to -$3.7 billion in 2023, then rose by 8.7% to -$3.4 billion in 2024, then soared by 31.68% to -$2.3 billion in 2025, then surged by 74.04% to -$596.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$596.9 million, -$2.3 billion, and $1.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | -120.90 Mn |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | -87.58 Mn |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | -349.90 Mn |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | 449.35 Mn |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | -32.93 Mn |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | -596.86 Mn |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | -43.13 Mn |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | -19.90 Mn |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | 15.49 Mn |
| 10 | MasterCraft Boat Holdings | 376.07 Mn | 291.65 Mn | 19.54 Mn | -884,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -596.86 Mn |
| Mar 31, 2026 | -596.86 Mn |
| Dec 31, 2025 | -2.30 Bn |
| Dec 31, 2025 | -2.30 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | -661.19 Mn |
| Jun 30, 2025 | -661.19 Mn |
| Mar 31, 2025 | -595.27 Mn |
| Mar 31, 2025 | -595.27 Mn |
| Dec 31, 2024 | -3.37 Bn |
| Dec 31, 2024 | -3.37 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Sep 30, 2024 | 2.31 Bn |
| Jun 30, 2024 | -714.54 Mn |
| Jun 30, 2024 | -714.54 Mn |
| Mar 31, 2024 | -803.77 Mn |
| Mar 31, 2024 | -803.77 Mn |
| Dec 31, 2023 | -3.69 Bn |
| Dec 31, 2023 | -3.69 Bn |
| Sep 30, 2023 | 2.29 Bn |
| Sep 30, 2023 | 2.29 Bn |
| Jun 30, 2023 | -848.00 Mn |
| Jun 30, 2023 | -848.00 Mn |
| Mar 31, 2023 | -870.47 Mn |
| Mar 31, 2023 | -870.47 Mn |
| Dec 31, 2022 | -811.25 Mn |
| Dec 31, 2022 | -811.25 Mn |
| Sep 25, 2022 | -932.12 Mn |
| Sep 25, 2022 | -932.12 Mn |
| Jun 26, 2022 | -2.38 Bn |
| Jun 26, 2022 | -2.38 Bn |
| Mar 27, 2022 | 111.32 Mn |
| Mar 27, 2022 | 111.32 Mn |
| Dec 31, 2021 | -8.56 Mn |
| Dec 31, 2021 | -8.56 Mn |
| Sep 26, 2021 | 2.51 Bn |
| Sep 26, 2021 | 2.51 Bn |
| Jun 27, 2021 | -903.84 Mn |
| Jun 27, 2021 | -903.84 Mn |
| Mar 28, 2021 | -746.36 Mn |
| Mar 28, 2021 | -746.36 Mn |
| Dec 31, 2020 | 2.79 Bn |
| Dec 31, 2020 | 2.79 Bn |
| Sep 27, 2020 | -2.28 Bn |
| Sep 27, 2020 | -2.28 Bn |
| Jun 28, 2020 | 1.33 Bn |
| Jun 28, 2020 | 1.33 Bn |
| Mar 29, 2020 | -788.64 Mn |
| Mar 29, 2020 | -788.64 Mn |
| Dec 31, 2019 | -686.07 Mn |
| Dec 31, 2019 | -686.07 Mn |
| Sep 29, 2019 | -2.71 Bn |
| Sep 29, 2019 | -2.71 Bn |
| Jun 30, 2019 | 1.23 Bn |
| Jun 30, 2019 | 1.23 Bn |
| Mar 31, 2019 | -818.70 Mn |
| Mar 31, 2019 | -818.70 Mn |
| Dec 31, 2018 | 2.91 Bn |
| Dec 31, 2018 | 2.91 Bn |
| Sep 30, 2018 | -2.58 Bn |
| Sep 30, 2018 | -2.58 Bn |
| Jul 1, 2018 | 1.27 Bn |
| Jul 1, 2018 | 1.27 Bn |
| Apr 1, 2018 | -606.47 Mn |
| Apr 1, 2018 | -606.47 Mn |
| Dec 31, 2017 | -608.59 Mn |
| Dec 31, 2017 | -608.59 Mn |
| Sep 24, 2017 | -2.54 Bn |
| Sep 24, 2017 | -2.54 Bn |
| Jun 25, 2017 | 1.24 Bn |
| Jun 25, 2017 | 1.24 Bn |
| Mar 26, 2017 | -684.75 Mn |
| Mar 26, 2017 | -684.75 Mn |
| Dec 31, 2016 | 152.99 Mn |
| Dec 31, 2016 | 152.99 Mn |
| Sep 25, 2016 | 2.30 Bn |
| Sep 25, 2016 | 2.30 Bn |
| Jun 26, 2016 | -760.53 Mn |
| Jun 26, 2016 | -760.53 Mn |
| Mar 27, 2016 | -774.57 Mn |
| Mar 27, 2016 | -774.57 Mn |
| Dec 31, 2015 | -559.84 Mn |
| Dec 31, 2015 | -559.84 Mn |
| Sep 27, 2015 | -729.25 Mn |
| Sep 27, 2015 | -729.25 Mn |
| Jun 28, 2015 | -1.50 Bn |
| Jun 28, 2015 | -1.50 Bn |
| Mar 29, 2015 | 136.63 Mn |
| Mar 29, 2015 | 136.63 Mn |
| Dec 31, 2014 | 67.81 Mn |
| Dec 31, 2014 | 67.81 Mn |
| Sep 28, 2014 | 2.18 Bn |
| Sep 28, 2014 | 2.18 Bn |
| Jun 29, 2014 | -779.61 Mn |
| Jun 29, 2014 | -779.61 Mn |
| Mar 30, 2014 | -554.38 Mn |
| Mar 30, 2014 | -554.38 Mn |
| Dec 31, 2013 | -474.92 Mn |
| Dec 31, 2013 | -474.92 Mn |
| Sep 29, 2013 | -528.44 Mn |
| Sep 29, 2013 | -528.44 Mn |
| Jun 30, 2013 | -532.69 Mn |
| Jun 30, 2013 | -532.69 Mn |
| Mar 31, 2013 | -730.86 Mn |
| Mar 31, 2013 | -730.86 Mn |
| Dec 31, 2012 | -4.71 Mn |
| Dec 31, 2012 | -4.71 Mn |
| Sep 30, 2012 | 1.91 Bn |
| Sep 30, 2012 | 1.91 Bn |
| Jul 1, 2012 | -576.47 Mn |
| Jul 1, 2012 | -576.47 Mn |
| Apr 1, 2012 | -718.86 Mn |
| Apr 1, 2012 | -718.86 Mn |
| Dec 31, 2011 | -474.19 Mn |
| Dec 31, 2011 | -474.19 Mn |
| Sep 25, 2011 | -300.90 Mn |
| Sep 25, 2011 | -300.90 Mn |
| Jun 26, 2011 | -829.02 Mn |
| Jun 26, 2011 | -829.02 Mn |
| Mar 27, 2011 | -132.62 Mn |
| Mar 27, 2011 | -132.62 Mn |
| Dec 31, 2010 | -99.37 Mn |
| Dec 31, 2010 | -99.37 Mn |
| Sep 26, 2010 | 411.69 Mn |
| Sep 26, 2010 | 411.69 Mn |
| Jun 27, 2010 | 935.29 Mn |
| Jun 27, 2010 | 935.29 Mn |
| Mar 28, 2010 | -255.04 Mn |
| Mar 28, 2010 | -255.04 Mn |
| Dec 31, 2009 | -1.25 Bn |
| Dec 31, 2009 | -1.25 Bn |
| Sep 27, 2009 | 658.81 Mn |
| Sep 27, 2009 | 658.81 Mn |
| Jun 28, 2009 | 72.96 Mn |
| Jun 28, 2009 | 72.96 Mn |
| Mar 29, 2009 | -247.04 Mn |
| Mar 29, 2009 | -247.04 Mn |