Filing Flows › LiveWire Group (LVWR) › Q3 2025
LiveWire Group (LVWR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
LiveWire Group (LVWR) reported revenue of $5.7M for the third quarter 2025 (Q3 2025), +28% from a year earlier and -3% from the quarter before. Operating margin was -330.0%, net loss $19.4M (340.2% of revenue).
LiveWire Group, Q3 2025: revenue $5.7M (+28% year over year), operating margin -330.0%, net loss $19.4M, operating cash flow −$13.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7M | -3% | +28% |
| Operating profit | −$18.8M | — | — |
| Net earnings | −$19.4M | — | — |
| Operating cash flow | −$13.3M | — | — |
What changed
Revenue was $5.7M in Q3 2025, up 28% year over year and down 3% from the previous quarter. STACYC was the largest line at 83% of revenue. STACYC added $1.5M year over year (up 46%), 119% of the total change. Electric Motorcycles declined 20%.
Operating costs exceeded revenue by $18.8M, an operating margin of -330.0%. Total costs fell 21% while revenue rose 28%. The fastest-growing cost line was Cost of revenue (+44%). The quarter ended with a net loss of $19.4M, wider than the previous quarter's $18.8M loss.
Operating cash flow was −$13.3M. Non-cash charges added back $2.4M of depreciation and amortization and $250K of share-based compensation. Working capital and other items added $3.5M. Capital expenditures of $735K exceeded it, leaving free cash flow of −$14.0M.
Questions
What was LiveWire Group's revenue in the third quarter 2025?
LiveWire Group (LVWR) reported revenue of $5.7M for the third quarter 2025 (Q3 2025), +28% from a year earlier and -3% from the quarter before.
Was LiveWire Group profitable in the third quarter 2025?
Operating loss was $18.8M (-330.0% of revenue) and net loss $19.4M.
Source: LiveWire Group 10-Q on SEC EDGAR.