Harley-Davidson, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 4, 2026, reporting third-quarter and nine-month financial results.

Key Highlights

  • Total revenue declined: Consolidated revenue for the three months ended September 30, 2026 was $1,082,639 thousand, compared to $1,340,710 thousand in the same period of 2025, according to the filing.
  • Net income attributable to Harley-Davidson: The company reported net income attributable to Harley-Davidson, Inc. of $42,762 thousand for Q3 2026, versus $377,366 thousand in Q3 2025.
  • Diluted earnings per share: Diluted EPS was $0.40 for the three months ended September 30, 2026, compared to $3.10 for the same quarter of 2025.
  • Nine-month net income attributable to Harley-Davidson: For the nine months ended September 30, 2026, net income attributable to Harley-Davidson, Inc. was $147,339 thousand, down from $618,041 thousand in the same period of 2025.
  • Cash dividend declared: The filing reports cash dividends per share of $0.1875 for Q3 2026, compared to $0.18 for Q3 2025.
  • Shares outstanding: The registrant had 100,992,350 shares of common stock outstanding as of October 30, 2026.
  • Total assets: Consolidated total assets stood at $7,296,908 thousand as of September 30, 2026, compared to $8,044,815 thousand at December 31, 2025.

Harley-Davidson Q3 2026 Financial Results: Revenue and Earnings Decline Year Over Year

According to the filing, Harley-Davidson, Inc. (NYSE:HOG) reported total revenue of $1,082,639 thousand for the three months ended September 30, 2026, a decrease from $1,340,710 thousand in the comparable prior-year quarter. Motorcycles and related products revenue was $971,881 thousand for Q3 2026 versus $1,079,522 thousand in Q3 2025. Financial services revenue was $110,758 thousand in Q3 2026, compared to $261,188 thousand in Q3 2025. The company disclosed operating income of $37,304 thousand for the quarter, compared to $474,758 thousand in the same period of 2025.

For the nine months ended September 30, 2026, the filing reports total revenue of $3,485,606 thousand versus $3,977,018 thousand for the same period in 2025. The motorcycles and related products segment contributed $3,145,861 thousand of that nine-month revenue, while financial services contributed $339,745 thousand. Nine-month operating income was $136,806 thousand, compared to $747,695 thousand in the first nine months of 2025. The financial services provision for credit losses shifted notably: a provision expense of $51,120 thousand for the nine months ended September 30, 2026, compared to a recovery of $198,427 thousand in the same 2025 period, as disclosed in the filing.

The consolidated balance sheet as of September 30, 2026 showed cash and cash equivalents of $2,076,378 thousand, down from $3,091,744 thousand at December 31, 2025. Total shareholders' equity attributable to Harley-Davidson, Inc. was $3,032,587 thousand as of September 30, 2026, compared to $3,140,668 thousand at year-end 2025. Treasury stock stood at $2,366,374 thousand at cost as of September 30, 2026. Net cash provided by operating activities for the nine months ended September 30, 2026 was $275,934 thousand, versus $416,903 thousand in the same period of 2025, according to the filing.

What Was Disclosed

Harley-Davidson, Inc. filed its quarterly report covering the period ended September 30, 2026, disclosing lower revenue, operating income, and net income compared to the same periods of 2025, along with balance sheet and cash flow data for the period.