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Stock research / United States / LVWR · Motorcycles, Bicycles & Parts · NYSE

LiveWire Group, Inc. (LVWR)

Results announcedQ3 FY2026quarter ended 30 September 2026, announced 29 October 2026

Revenue$8 millionup 37.9% on Q3 FY2025
Net income-$19 million
Diluted EPS-$0.09-$0.10 a year earlier

From the company's results press release. The tables update when the 10-Q or 10-K is filed. Read the results · Read the release

Compare with another name

LiveWire Group, Inc. (LVWR) reported revenue of $9 million for Q2 FY2026, the quarter ended 30 June 2026, up 55.2% on the same quarter a year earlier. Net income was -$18 million, and diluted earnings per share $-0.09. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$9 millionup 55.2%
Net income-$18 million
Diluted EPS$-0.09
QuarterQ2 FY2026ended 30 June 2026

LiveWire Group (LVWR) in brief

LiveWire Group (LVWR) reported revenue of $26 million for fiscal 2025, the year ended 31 December 2025, down 3.6% on the year before.
Read moreNet loss was $75 million and the diluted loss per share $0.37. Revenue was $27 million in fiscal 2024, $38 million in fiscal 2023, $47 million in fiscal 2022 and $36 million in fiscal 2021. Net income in the same years was a loss of $94 million, a loss of $110 million, a loss of $79 million and a loss of $68 million. Over the twelve months to 30 June 2026, LiveWire Group reported revenue of $31 million and net loss of $73 million. Revenue fell 3.6% a year, compounded, over the five years to fiscal 2025. LiveWire Group had 205 million shares outstanding at the latest filed count. At 30 June 2026 it carried $77 million of debt and $53 million of cash. At the close of 30 October 2026 the market cap of LiveWire Group was $137 million.

Ratios

From the filings

ROE-615.4%
ROCE-81.4%
Operating margin-230.9%
Net margin-234.5%
FCF margin-162.7%
Interest covern/a
Debt to equity6.44
Cash conversionn/a
Share count, last 12 months0.8%
Sales CAGR, 3 years-18.2%
Profit CAGR, 3 yearsn/a
EPS, TTM-$0.37

At the close of 30 October 2026

Price$0.67
Market cap$137 million
Stock P/En/a
Price to book11.50
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales4.38
52-week high$5.48
52-week low$0.65
Price, 1 year-87.5%
Price CAGR, 3 years-60.4%
Price CAGR, 5 years-41.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as LiveWire Group, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
LVWRgreeksoup.ai
Daily prices to 30 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on LVWR

Dividendsno dividend in its filings for fiscal 2020 onward
Filings19 in twelve months: 12 current reports (8-K), about 5 results of operations; 4 officer or director change; 3 regulation FD disclosure; 1 delisting notice; 1 material agreement
Planned insider sales6 Form 144 notices in twelve months, $807,144; latest 3 September 2026
Options tapeput/call 0.22 by open interest at the 30 October 2026 close; the straddle prices a 219.7% move to 20 November 2026
13F holders60 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading6 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.3 million shares short, 12.47 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 18 quarters

Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue10.412.514.79.27.87.08.115.15.06.44.410.82.75.95.711.45.19.1
Cost of revenue10.312.913.76.96.510.07.120.39.18.26.016.14.95.38.611.35.79.2
Gross profit0.1-0.41.02.31.3-2.91.1-5.2-4.1-1.8-1.5-5.4-2.20.5-2.90.1-0.5-0.0
Gross margin1%-3%7%25%16%-42%13%-34%-83%-28%-34%-50%-79%9%-51%1%-10%-1%
SG&A15.819.022.031.226.229.026.428.626.326.425.019.918.518.815.917.817.118.0
Operating income-15.7-19.4-21.0-28.9-24.9-32.0-25.3-33.8-30.4-28.2-26.5-25.2-20.7-18.3-18.8-17.7-17.7-18.0
Operating margin-151%-155%-143%-313%-321%-455%-311%-224%-611%-437%-597%-235%-753%-311%-330%-156%-345%-198%
Interest expensen/an/an/an/an/an/an/an/an/an/an/an/a0.00.0n/an/a1.41.5
Pre-tax income-15.9-19.5-20.9-22.6-21.1-40.7-14.6-33.1-23.6-24.8-22.7-22.8-19.3-18.8-19.3-17.5-18.1-18.1
Net income-16.0-19.6-20.9-22.4-21.1-40.7-14.6-33.1-23.6-24.8-22.7-22.8-19.3-18.8-19.4-17.6-18.1-18.2
Net margin-154%-157%-142%-243%-272%-580%-179%-219%-475%-385%-511%-212%-703%-321%-340%-155%-354%-200%
Diluted EPS-$0.10-$0.12-$0.13-$0.11-$0.10-$0.20-$0.07-$0.16-$0.12-$0.12-$0.11-$0.11-$0.09-$0.09-$0.10-$0.09-$0.09-$0.09
Operating cash flow-19.0-18.6-26.5-25.5-24.6-16.6-14.7-27.6-22.9-26.0-23.1-21.9-17.5-14.9-13.3-7.9-13.0-13.4
Capital expenditure2.53.23.25.24.63.52.82.53.21.81.61.40.61.40.71.00.70.8
Free cash flow-21.5-21.8-29.8-30.6-29.2-20.2-17.5-30.1-26.2-27.8-24.7-23.3-18.1-16.3-14.0-8.9-13.7-14.3
Buybacksn/an/an/an/a0.00.00.02.00.70.20.00.50.20.50.00.30.80.1
Shares outstanding202m202m202m202m202m202m203m203m203m203m203m203m204m204m204m204m205m205m
Filing10-K10-K10-K10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 6 fiscal years and the trailing twelve months

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue30.935.846.838.026.625.731.3
Cost of revenue55.838.443.943.839.430.134.7
Gross profit-25.0-2.62.9-5.8-12.8-4.4-3.4
Gross margin-80.9%-7.2%6.2%-15.2%-48.0%-17.3%-10.9%
Research and development23.035.335.654.141.723.9n/a
Selling, general and administrative52.165.687.911097.671.168.8
Operating income-77.1-68.2-85.0-116-110-75.5-72.2
Operating margin-249.7%-190.4%-181.4%-305.0%-414.4%-294.0%-230.9%
Interest expensen/an/an/a0.00.00.3n/a
Pre-tax income-77.2-68.2-79.0-109-93.9-74.9-73.1
Income tax0.40.1-0.00.10.00.20.3
Net income-77.6-68.3-78.9-110-93.9-75.1-73.4
Net margin-251.3%-190.7%-168.6%-288.1%-352.7%-292.6%-234.5%
Diluted EPS-$0.48-$0.42-$0.46-$0.54-$0.46-$0.37-$0.37
Filing10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by region FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
United States30.521.419.174.2%
Non-US3.04.26.224.0%
AT4.61.10.51.8%
United StatesNon-USAT
38.0FY202326.6FY202425.7FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-53.7-74.5-89.7-83.5-93.9-53.5-47.6
Capital expenditure3.210.014.113.58.13.83.3
Free cash flow-57.0-84.5-104-96.9-102-57.4-50.9
Free cash flow margin-184.5%-236.0%-221.6%-254.9%-382.7%-223.4%-162.7%
Cash from investing-3.2-10.0-14.1-13.5-8.1-3.8-3.7
Cash from financing58.384.8366-0.4-1.475.774.9
Depreciation and amortisation3.94.74.45.810.010.19.3
Share-based compensation0.20.80.48.94.64.94.0
Buybacksn/a0.00.02.01.41.01.1
Diluted shares, weighted161m161m172m203m203m204m205m
Shares outstanding at period endn/an/a202m203m203m204m205m
Filing10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity2.019.930720611546.011.9
Debtn/an/a0.00.00.075.076.8
Operating lease liabilitiesn/a2.41.90.80.40.20.3
Other liabilitiesn/a39.643.159.532.425.228.9
Total liabilities and equityn/a62.0352266148146118
Owned
Fixed assetsn/a17.931.637.734.027.625.5
Goodwill8.38.38.38.38.38.38.6
Intangible assetsn/a2.31.81.31.10.84.0
Cash and equivalents2.42.726516864.482.852.9
Receivablesn/a6.82.3n/an/an/an/a
Inventoryn/a16.829.232.126.915.313.6
Other assets41.07.213.318.813.211.713.3
Total assets51.762.0352266148146118
Filing10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a-3.6%-18.2%31.3%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-133.3%-99.3%-163.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was LiveWire Group's revenue in fiscal 2025?

LiveWire Group (LVWR) reported revenue of $26 million for fiscal 2025, the year ended 31 December 2025, down 3.6% on the year before.

How much did LiveWire Group earn in fiscal 2025?

Net loss was $75 million for fiscal 2025, and the diluted loss per share $0.37.

What is LiveWire Group's market cap?

The market cap of LiveWire Group was $137 million at the close of 30 October 2026.

How much debt does LiveWire Group have?

At 30 June 2026 LiveWire Group carried $77 million of debt and $53 million of cash.

Peers: Consumer Goods

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Harley-Davidson, Inc. HOG$3.3 billion19.166.5%5.0%-5.2%0.722.4%
Helen of Troy Ltd. HELE$673 millionn/a-11.6%1.3%0.3%0.79n/a
Fox Factory Holding Corp. FOXF$672 millionn/a-44.8%-18.3%1.6%1.00n/a
Ethan Allen Interiors Inc. ETD$513 million13.058.5%7.8%-5.7%0.008.9%
Hamilton Beach Brands Holding Co. HBB$438 million7.6726.5%12.5%-3.3%0.231.5%
Fossil Group, Inc. FOSL$392 millionn/a-77.7%-0.6%-9.1%2.26n/a
Flexsteel Industries Inc. FLXS$307 million12.0123.6%8.7%3.4%0.001.2%
Bassett Furniture Industries Inc. BSET$195 million28.544.1%2.5%1.4%0.003.5%
GoPro, Inc. GPRO$173 millionn/an/a-21.2%-23.9%n/an/a
Hooker Furnishings Corp. HOFT$154 millionn/an/an/an/a0.004.0%
Traeger, Inc. COOK$147 millionn/a-67.3%-20.2%-16.3%2.39n/a
LiveWire Group, Inc. LVWR$137 millionn/a-615.4%-230.9%31.3%6.44n/a
All 37 in Consumer Goods
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Procter & Gamble Co. PG$374.5 billion24.3329.0%22.6%3.5%0.702.7%
Unilever plc UL *$142.4 billion13.4961.0%17.9%-3.8%1.683.5%
Ecolab Inc. ECL$85.0 billion41.2220.0%16.7%9.3%1.271.0%
Colgate-Palmolive Co. CL$75.8 billion37.37713.2%14.8%5.9%26.792.2%
Estee Lauder Companies Inc. EL$39.5 billion218.464.8%5.2%5.0%1.921.3%
Haleon plc HLN *$38.8 billion17.5010.1%21.9%-1.8%0.522.1%
Kenvue Inc. KVUE$37.0 billion21.9016.6%17.4%3.5%0.814.3%
SharkNinja, Inc. SN$29.3 billionn/an/an/an/a0.25n/a
Church & Dwight Co. Inc. CHD$25.3 billion32.9717.3%18.0%1.7%0.491.1%
Somnigroup International Inc. SGI$13.4 billion25.4216.5%12.5%27.1%1.371.0%
Clorox Co. CLX$10.6 billion18.26652.2%n/a-5.4%56.315.6%
A. O. Smith Corp. AOS$8.6 billion17.5727.1%17.5%-0.7%0.372.3%
e.l.f. Beauty, Inc. ELF$6.6 billion111.675.1%7.2%31.2%0.71n/a
Interparfums Inc. IPAR$3.7 billion22.2619.3%17.3%2.9%0.172.7%
Harley-Davidson, Inc. HOG$3.3 billion19.166.5%5.0%-5.2%0.722.4%
Coty Inc. COTY$3.0 billionn/a-20.2%-1.4%-1.5%1.01n/a
Imax Corp. IMAX$2.8 billion70.2211.5%20.2%14.8%0.79n/a
Whirlpool Corp. WHR$2.0 billionn/a-3.3%2.9%-6.4%1.8417.7%
Stepan Co. SCL$1.6 billionn/a-0.2%0.8%7.6%0.532.3%
MasterBrand, Inc. MBC$1.5 billionn/a-4.9%-1.1%-0.0%0.71n/a
Edgewell Personal Care Co. EPC$1.3 billionn/a-6.4%-0.6%-7.0%0.882.1%
La-Z-Boy Inc. LZB$1.2 billion15.428.0%5.0%0.2%0.003.0%
Apogee Enterprises, Inc. APOG$947 million14.3412.8%7.2%3.0%0.642.4%
Eastman Kodak Co. KODK$858 millionn/a-15.1%2.8%9.5%0.18n/a
Compass Diversified Holdings CODI$837 millionn/a-20.1%3.5%-4.8%3.354.5%
Movado Group Inc. MOV$697 million17.348.2%6.9%5.2%0.004.6%
Helen of Troy Ltd. HELE$673 millionn/a-11.6%1.3%0.3%0.79n/a
Fox Factory Holding Corp. FOXF$672 millionn/a-44.8%-18.3%1.6%1.00n/a
Ethan Allen Interiors Inc. ETD$513 million13.058.5%7.8%-5.7%0.008.9%
Hamilton Beach Brands Holding Co. HBB$438 million7.6726.5%12.5%-3.3%0.231.5%
Fossil Group, Inc. FOSL$392 millionn/a-77.7%-0.6%-9.1%2.26n/a
Flexsteel Industries Inc. FLXS$307 million12.0123.6%8.7%3.4%0.001.2%
Bassett Furniture Industries Inc. BSET$195 million28.544.1%2.5%1.4%0.003.5%
GoPro, Inc. GPRO$173 millionn/an/a-21.2%-23.9%n/an/a
Hooker Furnishings Corp. HOFT$154 millionn/an/an/an/a0.004.0%
Traeger, Inc. COOK$147 millionn/a-67.3%-20.2%-16.3%2.39n/a
LiveWire Group, Inc. LVWR$137 millionn/a-615.4%-230.9%31.3%6.44n/a
2 companies share its SEC industry code (Motorcycles, Bicycles & Parts); the rest are the names nearest in size in its wider industry, Consumer Goods, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 202510 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20256 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q/A31 March 202431 May 2024EDGAR