---
schema_version: "secwatch.filing_event.v1"
accession: "0000793952-26-000004"
form_type: "8-K"
ticker: "HOG"
cik: "0000793952"
company_name: "HARLEY-DAVIDSON, INC."
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:45:10.851331+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Harley-Davidson Q4 diluted EPS loss $2.44, FY25 revenue down 14%; provides weak 2026 outlook

## Summary
- FY25 diluted EPS $2.78 (down 19% YoY); consolidated revenue $4.47B (-14%); HDMC operating loss $29M vs profit $278M in FY24.
- Q4 diluted EPS loss $2.44 (vs loss $0.93); revenue $496M (-28%); HDMC shipments 13,515 units (-4%).
- HDFS full-year operating income $490M record high, driven by KKR/PIMCO partnership; $1B dividend to HDI in Q4.
- 2026 guidance: HDMC retail/wholesale 130-135K units; HDMC operating income -$40M to $10M; HDFS operating income $45-60M.

## SEC filing metadata
- accession: 0000793952-26-000004
- form_type: 8-K
- ticker: HOG
- cik: 0000793952
- company_name: HARLEY-DAVIDSON, INC.
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/793952/000079395226000004/0000793952-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/793952/000079395226000004/hog-20260209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000793952-26-000004
- JSON: https://secwatch.observer/filing/0000793952-26-000004.json
- Plain text: https://secwatch.observer/filing/0000793952-26-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.