Harley-Davidson Q1 EPS $1.07, revenue down 23%; withdraws 2025 outlook on tariff uncertainty

HARLEY-DAVIDSON, INC.

2025-Q1 EPS reported $1.07 revenue$1,329,209,000

Diluted EPS $1.07, down 38% YoY from $1.72; revenue $1,329M, down 23%.
Global retail motorcycle sales down 21% YoY, with North America down 24% and APAC down 28%.
HDMC operating margin 10.8% vs 16.2% a year ago; operating income down 51%.
HDFS operating income up 19% to $64M; LiveWire operating loss improved 32% to $20M.
Withdraws full-year 2025 financial outlook due to uncertain global tariff situation and macroeconomic conditions.

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