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Harley-Davidson (HOG) Operating Expenses (2016 - 2025)

Harley-Davidson (HOG) has disclosed Operating Expenses for 17 consecutive years, with $857.2 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 2.69% to $857.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $4.1 billion through Dec 2025, down 14.33% year-over-year, with the annual reading at $4.1 billion for FY2025, 14.33% down from the prior year.
  • Operating Expenses hit $857.2 million in Q4 2025 for Harley-Davidson, down from $866.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.5 billion in Q1 2024 to a low of $857.2 million in Q4 2025.
  • Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2022.
  • Biggest five-year swings in Operating Expenses: increased 27.55% in 2021 and later decreased 22.01% in 2024.
  • Year by year, Operating Expenses stood at $1.0 billion in 2021, then grew by 11.22% to $1.1 billion in 2022, then fell by 5.64% to $1.1 billion in 2023, then dropped by 18.0% to $881.0 million in 2024, then decreased by 2.69% to $857.2 million in 2025.
  • Business Quant data shows Operating Expenses for HOG at $857.2 million in Q4 2025, $866.0 million in Q3 2025, and $1.2 billion in Q2 2025.