Harley-Davidson HOG
NYSE HOG
$26.78 -0.40 (-1.47%)
As of: Sep 9, 2026 · 12:36 PM EDT

Harley-Davidson (HOG) Free Cash Flow (2009 - 2026)

Harley-Davidson's (HOG) quarterly Free Cash Flow came in at -$335.5 million in Q2 2026, up 49.26% year-over-year from -$224.8 million in Q2 2025, and up 43.79% quarter-over-quarter from -$596.9 million in Q1 2026.

Analysis

Harley-Davidson (HOG) Free Cash Flow (2009 - 2026) Analysis & Trends

Harley-Davidson has disclosed Free Cash Flow across 18 years of filings, most recently posting -$335.5 million for Q2 2026.

  • In Q2 2026, Free Cash Flow rose 49.26% year-over-year to -$335.5 million; the TTM figure through Jun 2026 stood at -$1.7 billion (up 28.23% YoY), while the FY2025 annual figure was -$2.0 billion, up 22.94% from the prior year.
  • Free Cash Flow came in at -$335.5 million for Q2 2026 at Harley-Davidson, up from -$596.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$114.2 million in Q4 2025 to a low of -$1.3 billion in Q2 2022.
  • Average Free Cash Flow over 5 years is -$701.2 million, with a median of -$688.5 million recorded in 2023.
  • Year-over-year, Free Cash Flow sank 49.13% in 2022 and soared 77.32% in 2025.
  • Over 5 years, Free Cash Flow stood at -$811.2 million in 2022, then rose by 18.34% to -$662.5 million in 2023, then rose by 24.02% to -$503.4 million in 2024, then soared by 77.32% to -$114.2 million in 2025, then plunged by 193.8% to -$335.5 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$335.5 million in Q2 2026, -$596.9 million in Q1 2026, and -$114.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Thor Industries 3.79 Bn 3.42 Bn 354.77 Mn 196.04 Mn
2 Polaris 3.43 Bn 3.12 Bn - 186.10 Mn
3 Harley-Davidson 2.81 Bn 914.03 Mn 421.12 Mn -335.49 Mn
4 Brunswick 1.59 Bn 1.28 Bn 437.80 Mn 274.20 Mn
5 Winnebago Industries 816.60 Mn 759.50 Mn 94.90 Mn 18.70 Mn
6 Malibu Boats 498.45 Mn 424.03 Mn 52.19 Mn 16.90 Mn
7 MasterCraft Boat Holdings 368.87 Mn 284.25 Mn 19.54 Mn 3.75 Mn
8 Niu Technologies 164.91 Mn -30.22 Mn 33.95 Mn -
9 Massimo 42.47 Mn 37.84 Mn 7.28 Mn 901,399.00
10 Gogoro 39.10 Mn -29.74 Mn 15.96 Mn 30.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -335.49 Mn
Mar 31, 2026 -596.86 Mn
Dec 31, 2025 -114.19 Mn
Sep 30, 2025 -614.01 Mn
Jun 30, 2025 -661.19 Mn
Mar 31, 2025 -595.27 Mn
Dec 31, 2024 -503.36 Mn
Sep 30, 2024 -553.77 Mn
Jun 30, 2024 -714.54 Mn
Mar 31, 2024 -803.77 Mn
Dec 31, 2023 -662.47 Mn
Sep 30, 2023 -737.73 Mn
Jun 30, 2023 -848.00 Mn
Mar 31, 2023 -870.47 Mn
Dec 31, 2022 -811.25 Mn
Sep 25, 2022 -932.12 Mn
Jun 26, 2022 -1.35 Bn
Mar 27, 2022 -919.14 Mn
Dec 31, 2021 -748.61 Mn
Sep 26, 2021 -869.20 Mn