Harley-Davidson (HOG) Operating Expenses (2009 - 2026)

Harley-Davidson's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.1 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 1.68% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $4.1 billion (down 9.07% YoY), while the FY2025 annual figure was $4.1 billion, down 14.33% from the prior year.
• Operating Expenses came in at $1.1 billion for Q1 2026 at Harley-Davidson, up from $857.2 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.
• A 5-year average of $1.2 billion and a median of $1.2 billion in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses rose 17.67% in 2023 and retreated 22.01% in 2024, its largest moves.
• Harley-Davidson's Operating Expenses stood at $1.1 billion in 2022, then decreased by 5.64% to $1.1 billion in 2023, then fell by 18.0% to $881.0 million in 2024, then dropped by 2.69% to $857.2 million in 2025, then soared by 34.04% to $1.1 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.1 billion, $857.2 million, and $866.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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