Harley-Davidson (HOG) Operating Income (2009 - 2026)
Harley-Davidson (HOG) recorded Operating Income of $44.3 million in Q3 2026, down 90.7% from $474.76 million a year earlier and down 41.7% from the prior quarter.
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Analysis
Harley-Davidson (HOG) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Harley-Davidson's Operating Income came in at -$217.26 million as of Sep 30, 2026; for FY2025, it came in at $386.64 million, down 7.2% from FY2024.
- Annual Operating Income has declined for three straight years, though with a five-year compound annual growth rate of 109.1% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $416.63 million in FY2024 (-46.5%), $779.08 million in FY2023 (-14.3%), $909.28 million in FY2022 (+10.4%) and $823.44 million in FY2021.
- Quarterly Operating Income has ranged from -$361.06 million in Q4 2025 to $474.76 million in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Income has declined for three consecutive quarters, with growth averaging 8.0% over the last six quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 348.7% in Q3 2025, against a decline of 90.7% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $76.01 million (Q2 2026), $23.49 million (Q1 2026) and -$361.06 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,160.73 Bn | 982.96 Bn | 5.49 Bn | 718.00 Mn |
| 2 | General Motors | 75.19 Bn | -29.42 Bn | 9.28 Bn | 3.60 Bn |
| 3 | Ferrari | 74.17 Bn | 66.47 Bn | 1.14 Bn | 647.93 Mn |
| 4 | Ford Motor | 49.64 Bn | -84.78 Bn | 7.38 Bn | 1.45 Bn |
| 5 | Honda Motor | 47.63 Bn | -102.18 Bn | 8.46 Bn | 3.33 Bn |
| 6 | Toyota Motor | 28.28 Bn | -349.28 Bn | 19.83 Bn | 7.08 Bn |
| 7 | Rivian Automotive | 19.71 Bn | -2.02 Bn | 176.00 Mn | -881.00 Mn |
| 8 | Magna International | 17.43 Bn | 11.40 Bn | 1.63 Bn | 1.36 Bn |
| 9 | Stellantis | 12.80 Bn | -148.64 Bn | 3.94 Bn | -380.79 Mn |
| 10 | Harley-Davidson | 3.38 Bn | -5.49 Bn | 381.19 Mn | 37.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.30 Mn |
| 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 |
API Access
Harley-Davidson Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=HOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "HOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=HOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();