LiveWire Group, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/25/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $25.7M | $26.6M | $38.0M | $46.8M | — |
| Cost of revenue | $30.1M | $39.4M | $43.8M | $43.9M | — |
| Selling, general & administrative | $71.1M | $97.6M | $110.2M | $87.9M | — |
| Research and development | $23.9M | $41.7M | $54.1M | $35.6M | — |
| Operating expenses | — | — | $2.7M | $2.2M | — |
| Operating income | -$75.5M | -$110.4M | -$116.0M | -$85.0M | — |
| Pretax income | -$74.9M | -$93.9M | -$109.5M | -$79.0M | — |
| Income tax expense | $189,000 | $43,000 | $78,000 | -$33,000 | — |
| Net income | -$75.1M | -$93.9M | -$109.5M | -$78.9M | — |
| Balance Sheet | |||||
| Cash and equivalents | $82.8M | $64.4M | $167.9M | $265.2M | — |
| Current assets | $104.9M | $98.4M | $210.7M | $301.9M | — |
| Total assets | $146.4M | $148.0M | $266.1M | $351.8M | $182.8M |
| Current liabilities | $22.7M | $29.9M | $46.3M | $34.4M | $134.0M |
| Total liabilities | $100.4M | $32.8M | $60.3M | $45.0M | $139.6M |
| Stockholders' equity | $46.0M | $115.1M | $205.9M | $306.8M | $43.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$53.5M | -$93.9M | -$83.5M | -$89.7M | — |
| Depreciation and amortization | $10.1M | $10.0M | $5.8M | $4.4M | — |
| Stock-based compensation | $4.9M | $4.6M | $8.9M | $394,000 | — |
| Capital expenditure | $3.8M | $8.1M | $13.5M | $14.1M | — |
| Free cash flow | -$57.4M | -$101.9M | -$96.9M | -$103.8M | — |
| Share repurchases | $1.0M | $1.4M | $2.0M | $0 | — |
Shares outstanding 204.8M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.