Harley-Davidson (HOG) Operating Income (2009 - 2026)
Harley-Davidson's (HOG) quarterly Operating Income came in at $76.0 million in Q2 2026, down 32.4% year-over-year from $112.4 million in Q2 2025, and up 223.53% quarter-over-quarter from $23.5 million in Q1 2026.
Analysis
Harley-Davidson (HOG) Operating Income (2009 - 2026) Analysis & Trends
Harley-Davidson has disclosed Operating Income across 18 years of filings, most recently posting $76.0 million for Q2 2026.
- In Q2 2026, Operating Income fell 32.4% year-over-year to $76.0 million; the TTM figure through Jun 2026 stood at $213.2 million (up 15.01% YoY), while the FY2025 annual figure was $386.6 million, down 7.2% from the prior year.
- Operating Income came in at $76.0 million for Q2 2026 at Harley-Davidson, up from $23.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $474.8 million in Q3 2025 to a low of -$361.1 million in Q4 2025.
- Average Operating Income over 5 years is $144.0 million, with a median of $184.9 million recorded in 2023.
- Year-over-year, Operating Income sank 814.27% in 2024 and soared 348.75% in 2025.
- Over 5 years, Operating Income stood at $3.7 million in 2022, then tumbled by 669.57% to -$21.1 million in 2023, then slumped by 814.27% to -$193.3 million in 2024, then plunged by 86.74% to -$361.1 million in 2025, then surged by 121.05% to $76.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $76.0 million in Q2 2026, $23.5 million in Q1 2026, and -$361.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.79 Bn | 3.42 Bn | 354.77 Mn | 123.84 Mn |
| 2 | Polaris | 3.43 Bn | 3.13 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 918.76 Mn | 421.12 Mn | 76.01 Mn |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 129.40 Mn |
| 5 | Winnebago Industries | 817.59 Mn | 760.49 Mn | 94.90 Mn | 23.00 Mn |
| 6 | Malibu Boats | 499.12 Mn | 424.71 Mn | 52.19 Mn | 9.34 Mn |
| 7 | MasterCraft Boat Holdings | 372.83 Mn | 288.20 Mn | 19.54 Mn | -1.30 Mn |
| 8 | Niu Technologies | 165.70 Mn | -29.42 Mn | 33.95 Mn | -16.23 Mn |
| 9 | Massimo | 43.31 Mn | 38.67 Mn | 7.28 Mn | 1.66 Mn |
| 10 | Gogoro | 39.25 Mn | -29.60 Mn | 15.96 Mn | -3.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.01 Mn |
| Mar 31, 2026 | 23.49 Mn |
| Dec 31, 2025 | -361.06 Mn |
| Sep 30, 2025 | 474.76 Mn |
| Jun 30, 2025 | 112.44 Mn |
| Mar 31, 2025 | 160.50 Mn |
| Dec 31, 2024 | -193.35 Mn |
| Sep 30, 2024 | 105.80 Mn |
| Jun 30, 2024 | 241.10 Mn |
| Mar 31, 2024 | 263.08 Mn |
| Dec 31, 2023 | -21.15 Mn |
| Sep 30, 2023 | 209.29 Mn |
| Jun 30, 2023 | 221.34 Mn |
| Mar 31, 2023 | 369.61 Mn |
| Dec 31, 2022 | 3.71 Mn |
| Sep 25, 2022 | 338.72 Mn |
| Jun 26, 2022 | 277.62 Mn |
| Mar 27, 2022 | 289.23 Mn |
| Dec 31, 2021 | -7.31 Mn |
| Sep 26, 2021 | 204.21 Mn |