KPIs & Operating Metrics(New)
Growth Metrics

Harley-Davidson (HOG) Gross Margin (2016 - 2025)

Harley-Davidson's Gross Margin history spans 17 years, with the latest figure at 476.89% for Q4 2025.

  • For Q4 2025, Gross Margin fell 5359.0% year-over-year to 476.89%; the TTM value through Dec 2025 reached 23.92%, down 361.0%, while the annual FY2025 figure was 23.92%, 362.0% down from the prior year.
  • Gross Margin for Q4 2025 was 476.89% at Harley-Davidson, up from 26.02% in the prior quarter.
  • Across five years, Gross Margin topped out at 530.48% in Q4 2024 and bottomed at 30.05% in Q4 2022.
  • The 5-year median for Gross Margin is 40.1% (2023), against an average of 78.93%.
  • The largest annual shift saw Gross Margin crashed -72019bps in 2021 before it soared 49040bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 19.48% in 2021, then plummeted by -254bps to 30.05% in 2022, then skyrocketed by 233bps to 40.08% in 2023, then skyrocketed by 1223bps to 530.48% in 2024, then dropped by -10bps to 476.89% in 2025.
  • Per Business Quant, the three most recent readings for HOG's Gross Margin are 476.89% (Q4 2025), 26.02% (Q3 2025), and 42.56% (Q2 2025).