Filing Flows › LiveWire Group (LVWR) › Q1 2026
LiveWire Group (LVWR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
LiveWire Group (LVWR) reported revenue of $5.1M for the first quarter 2026 (Q1 2026), +86% from a year earlier and -55% from the quarter before. Operating margin was -345.5%, net loss $18.1M (354.4% of revenue).
LiveWire Group, Q1 2026: revenue $5.1M (+86% year over year), operating margin -345.5%, net loss $18.1M, operating cash flow −$13.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.1M | -55% | +86% |
| Operating profit | −$17.7M | — | — |
| Net earnings | −$18.1M | — | — |
| Operating cash flow | −$13.0M | — | — |
What changed
Revenue was $5.1M in Q1 2026, up 86% year over year and down 55% from the previous quarter. STACYC was the largest line at 72% of revenue. STACYC added $1.4M year over year (up 60%), 58% of the total change.
Operating costs exceeded revenue by $17.7M, an operating margin of -345.5%. Total costs fell 3% while revenue rose 86%. The fastest-growing cost line was Cost of revenue (+15%). The quarter ended with a net loss of $18.1M, wider than the previous quarter's $17.6M loss.
Operating cash flow was −$13.0M. Non-cash charges added back $2.4M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $688K exceeded it, leaving free cash flow of −$13.7M.
Questions
What was LiveWire Group's revenue in the first quarter 2026?
LiveWire Group (LVWR) reported revenue of $5.1M for the first quarter 2026 (Q1 2026), +86% from a year earlier and -55% from the quarter before.
Was LiveWire Group profitable in the first quarter 2026?
Operating loss was $17.7M (-345.5% of revenue) and net loss $18.1M.
Source: LiveWire Group 10-Q on SEC EDGAR.