Filing Flows › Harley-Davidson (HOG) › Q2 2026
Harley-Davidson (HOG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Harley-Davidson (HOG) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), -6% from a year earlier and +5% from the quarter before. Operating margin was 6.2%, net earnings $79.8M (6.5% of revenue).
Harley-Davidson, Q2 2026: revenue $1.2B (-6% year over year), operating margin 6.2%, net earnings $79.8M, operating cash flow $168M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +5% | -6% |
| Operating profit | $76.0M | +224% | -32% |
| Net earnings | $79.8M | +222% | -26% |
| Operating cash flow | $168M | — | -54% |
| Free cash flow | $155M | — | -53% |
What changed
Revenue was $1.2B in Q2 2026, down 6% year over year and up 5% from the previous quarter. Non-Financial Services Entities was the largest line at 90% of revenue.
Operating profit was $0.08B, a 6.2% margin (down 2.4 points year over year). Total costs fell 3% while revenue fell 6%. Net earnings were $0.08B, down 26% year over year. The effective tax rate was 17.1%. Non-operating items added $0.02B, 20% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.17B (down 54% year over year), 213% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.01B left free cash flow of $0.16B.
Questions
What was Harley-Davidson's revenue in the second quarter 2026?
Harley-Davidson (HOG) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), -6% from a year earlier and +5% from the quarter before.
Was Harley-Davidson profitable in the second quarter 2026?
Operating profit was $76.0M (6.2% of revenue) and net earnings $79.8M.
Source: Harley-Davidson 10-Q on SEC EDGAR.