---
schema_version: "secwatch.filing_event.v1"
accession: "0001898795-24-000113"
form_type: "8-K"
ticker: "LVWR"
cik: "0001898795"
company_name: "LiveWire Group, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:16:48.720015+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# LiveWire Q1 revenue down 36% to $5.0M, net loss $23.6M; revises FY operating loss guidance to $105-115M

## Summary
- Revenue $5.0M (down 36% YoY), net loss $23.6M; Electric Motorcycle units 117 (+86% YoY).
- STACYC revenue $3.7M (-41% YoY), operating loss $1.4M vs $0.1M prior year.
- Revised FY2024 operating loss guidance to $105-115M (from $115-125M); unit sales guidance unchanged at 1,000-1,500.
- Plan to relocate LiveWire Labs to Milwaukee with headcount reduction; expects one-time costs $3.0-5.0M, annual savings $8-10M post-2024.
- President Ryan Morrissey departing May 10; role eliminated; receives severance benefits.

## SEC filing metadata
- accession: 0001898795-24-000113
- form_type: 8-K
- ticker: LVWR
- cik: 0001898795
- company_name: LiveWire Group, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 2.05, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/lvwr-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001898795-24-000113
- JSON: https://secwatch.observer/filing/0001898795-24-000113.json
- Plain text: https://secwatch.observer/filing/0001898795-24-000113.txt

## Key facts
- Earnings Releases
  LiveWire Group, Inc. reported first quarter 2024 results: revenue $5.0, net income $23.6 million. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $5.0
  - Net income: $23.6 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: investment in new motorcycle models and actioned initiatives to reduce EV costs. LiveWire Group, Inc. – Consolidated Results $ in millions* 1st quarter 2024 2023 Change Revenue $5.0 $7.8 (36%) Operating (Loss) ($30.4) ($24.9) 22% Net Loss ($23.6) ($21.1) 12% LiveWire Group, Inc. – Segment Results $ in millions*, except units 1st quarter 2024 2023 Change
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm
- Executive change
  Ryan Morrissey departed as President, Ventures & Investments at LiveWire Group, Inc..
  - Action: leaving
  - Role: President, Ventures & Investments
  source text: Ryan Morrissey will be leaving his role as the Company’s President, Ventures & Investments, effective May 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm
- Restructurings & Charges
  LiveWire Group, Inc. announced a restructuring with charges of $1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million affecting LiveWire Labs, the Company’s west coast product development facility, from Mountain View, California to Milwaukee, Wisconsin.
  - Type: restructuring
  - Charge: $1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million
  - Affected area: LiveWire Labs, the Company’s west coast product development facility, from Mountain View, California to Milwaukee, Wisconsin
  source text: efficiencies in product development and simplify the Company’s overall path to future profitability. Under this plan, the Company expects to incur one-time relocation costs of $1.0 million to $1.5 million and one-time termination benefit costs of $2.0 million to $3.5 million, and expects the vast majority to be cash charges. The Company expects to complete this
  evidence_url: https://www.sec.gov/Archives/edgar/data/1898795/000189879524000113/0001898795-24-000113-index.htm

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