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LVWR logoLiveWire Group, Inc.(LVWR)Earnings, Financials & Key Ratios

LVWR•NYSE
$1.77
$362M mkt cap·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto ManufacturersSub-IndustryElectric two-wheelers and micromobility
AboutLiveWire Group, Inc. engages in the manufacturing of electric motorcycles in North America, Europe/Middle East/Africa, and Asia Pacific regions. It offers its products under the LiveWire brand name. The company has strategic partnerships with Harley-Davidson, Inc. and the KYMCO Group. LiveWire Group, Inc. was founded in 2010 and is based in Milwaukee, Wisconsin.Show more
  • Revenue$26M-3.6%
  • EBITDA-$65M+34.9%
  • Net Income-$75M+20.0%
  • EPS (Diluted)-0.37+19.6%
  • Gross Margin-17.27%+64.0%
  • EBITDA Margin-254.53%+32.4%
  • Operating Margin-294.03%+29.0%
  • Net Margin-292.59%+17.0%
  • ROE-93.23%-59.3%
  • ROIC-124.84%+31.1%
  • Debt/Equity1.65+23679.6%
  • Interest Coverage-292.82
Technical→

LVWR Key Insights

LiveWire Group, Inc. (LVWR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

LVWR Price & Volume

LiveWire Group, Inc. (LVWR) stock price & volume — 10-year historical chart

Loading chart...

LVWR Growth Metrics

LiveWire Group, Inc. (LVWR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-3.62%
3 Years-18.16%
TTM14.94%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM17.4%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM15.93%

Return on Capital

10 Years-148.07%
5 Years-97.54%
3 Years-56.97%
Last Year-62.42%

LVWR Recent Earnings

LiveWire Group, Inc. (LVWR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (71%)●Beat Revenue 1/12 qtrs (17%)
Q2 2026Latest
May 5, 2026
EPS
$0.09
Revenue
$5M
Q1 2026
Feb 10, 2026
EPS
$0.09
Revenue
$11M
Q4 2025
Nov 4, 2025
EPS
$0.10
Revenue
$6M
Q3 2025
Jul 30, 2025
EPS
$0.09
Revenue
$6M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.09
$5M
Q1 2026Feb 10, 2026
$0.09
$11M
Q4 2025Nov 4, 2025
$0.10
$6M
Q3 2025Jul 30, 2025
$0.09
$6M
Based on last 12 quarters of dataView full earnings history →

LVWR Peer Comparison

LiveWire Group, Inc. (LVWR) competitors in Electric two-wheelers and micromobility — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
HOG logoHOGHarley-Davidson, Inc.Product Competitor2.81B25.109.03-13.76%7.33%9.19%14.79%0.97
PII logoPIIPolaris Inc.Product Competitor3.75B66.11-8.08-0.33%-6.13%-45.24%14.89%1.83
FOXF logoFOXFFox Factory Holding Corp.Product Competitor753.94M17.66-1.355.27%-37.11%-81.28%3.57%0.04
YETI logoYETIYETI Holdings, Inc.Product Competitor3.1B39.6919.552.11%8.75%22.82%6.84%0.25
TSLA logoTSLATesla, Inc.Supply Chain1.46T389.30360.46-2.93%3.96%4.75%0.43%0.10
CHPT logoCHPTChargePoint Holdings, Inc.Supply Chain137.2M6.33-0.67-1.4%-53.55%-353.75%12.75
BLNK logoBLNKBlink Charging Co.Supply Chain82.81M0.72-0.37-11.16%-118.72%-131.92%0.09
EVGO logoEVGOEVgo, Inc.Supply Chain658.52M2.10-6.7749.55%-12.14%-13.29%0.28

Compare LVWR vs Peers

LiveWire Group, Inc. (LVWR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HOG

Most directly comparable listed peer for LVWR.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare LVWR against a more recognizable public peer.

Peer Set

Compare Top 5

vs HOG, PII, FOXF, YETI

LVWR Income Statement

LiveWire Group, Inc. (LVWR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue20.19M30.86M35.81M46.83M38.02M26.63M25.67M28.04M
Revenue Growth %-52.88%16.02%30.8%-18.81%-29.96%-3.61%14.94%
Cost of Goods Sold21.3M55.82M38.38M43.93M43.8M39.42M30.11M25.19M
COGS % of Revenue105.5%180.86%107.19%93.8%115.18%148%117.27%-
Gross Profit
-1.11M▲ 0%
-24.96M▼ 2148.3%
-2.57M▲ 89.7%
2.9M▲ 212.8%
-5.77M▼ 298.8%
-12.78M▼ 121.5%
-4.43M▲ 65.3%
-2.27M▲ 0%
Gross Margin %-5.5%-80.86%-7.19%6.2%-15.18%-48%-17.27%-8.08%
Gross Profit Growth %--2148.29%89.69%212.82%-298.76%-121.47%65.32%-
Operating Expenses57M52.1M65.61M87.86M110.22M97.57M71.05M69.69M
OpEx % of Revenue282.33%168.81%183.23%187.6%289.87%366.36%276.76%-
Selling, General & Admin56.27M52.1M65.61M87.86M110.22M92.96M71.05M69.69M
SG&A % of Revenue278.74%168.81%183.23%187.6%289.87%349.03%276.76%-
Research & Development0000041.74M00
R&D % of Revenue-----156.73%--
Other Operating Expenses725K0000-37.13M00
Operating Income
-58.11M▲ 0%
-77.06M▼ 32.6%
-68.18M▲ 11.5%
-84.95M▼ 24.6%
-115.99M▼ 36.5%
-110.36M▲ 4.9%
-75.48M▲ 31.6%
-54.82M▲ 0%
Operating Margin %-287.83%-249.67%-190.42%-181.4%-305.05%-414.36%-294.03%-195.47%
Operating Income Growth %--32.61%11.52%-24.6%-36.53%4.86%31.6%-
EBITDA-56.35M-73.11M-63.46M-80.55M-110.16M-100.31M-65.34M-47.76M
EBITDA Margin %-279.14%-236.9%-177.24%-172%-289.71%-376.66%-254.53%-170.31%
EBITDA Growth %--29.74%13.2%-26.93%-36.75%8.93%34.86%46.81%
D&A (Non-Cash Add-back)1.75M3.94M4.72M4.4M5.83M10.04M10.14M7.06M
EBIT-57.38M-77.03M-67.86M-78.5M-109.47M-93.88M-74.67M-54.84M
Net Interest Income40K-130K-274K716K10.54M5.7M911K407K
Interest Income40K56K19K1.19M10.54M5.7M1.17M1.26M
Interest Expense0186K293K475K00255K-1.16M
Other Income/Expense115K-160K28K5.98M6.52M16.47M559K-850K
Pretax Income
-57.99M▲ 0%
-77.22M▼ 33.1%
-68.15M▲ 11.7%
-78.97M▼ 15.9%
-109.47M▼ 38.6%
-93.88M▲ 14.2%
-74.92M▲ 20.2%
-73.77M▲ 0%
Pretax Margin %-287.26%-250.19%-190.34%-168.62%-287.91%-352.5%-291.85%-263.05%
Income Tax-1.48M357K138K-33K78K43K189K200K
Effective Tax Rate %2.54%-0.46%-0.2%0.04%-0.07%-0.05%-0.25%-0.27%
Net Income
-56.52M▲ 0%
-77.57M▼ 37.3%
-68.29M▲ 12.0%
-78.94M▼ 15.6%
-109.55M▼ 38.8%
-93.92M▲ 14.3%
-75.11M▲ 20.0%
-73.97M▲ 0%
Net Margin %-279.95%-251.34%-190.73%-168.55%-288.12%-352.66%-292.59%-263.77%
Net Income Growth %--37.25%11.96%-15.59%-38.78%14.26%20.03%17.4%
Net Income (Continuing)-56.52M-77.57M-68.29M-78.94M-109.55M-93.92M-75.11M-73.97M
Discontinued Operations00000000
Minority Interest00000000
EPS (Diluted)
-0.35▲ 0%
-0.48▼ 37.1%
-0.42▲ 12.5%
-0.46▼ 9.5%
-0.54▼ 17.4%
-0.46▲ 14.8%
-0.37▲ 19.6%
-0.36▲ 0%
EPS Growth %--37.14%12.5%-9.52%-17.39%14.81%19.57%15.93%
EPS (Basic)-0.35-0.48-0.42-0.46-0.54-0.46-0.37-
Diluted Shares Outstanding161M202.4M161M172M202.5M203.21M203.73M204.49M
Basic Shares Outstanding161M161M161M172M202.5M203.21M203.73M204.49M
Dividend Payout Ratio--------

LVWR Balance Sheet

LiveWire Group, Inc. (LVWR) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets21.91M28.19M29.92M301.93M210.73M98.36M104.89M87.8M
Cash & Short-Term Investments1.05M2.4M2.67M265.24M167.9M64.44M82.78M67.5M
Cash Only1.05M2.4M2.67M265.24M167.9M64.44M82.78M67.5M
Short-Term Investments00000000
Accounts Receivable6.38M4.75M6.9M2.85M7.7M4.27M3.97M3.12M
Days Sales Outstanding115.356.1370.322.2173.8958.5656.4248.59
Inventory14.23M20.82M16.8M29.21M32.12M26.94M15.26M14.22M
Days Inventory Outstanding243.89136.12159.74242.74267.71249.49184.96289.58
Other Current Assets247K225K3.56M4.63M3M2.71M2.89M2.96M
Total Non-Current Assets23.3M23.55M32.03M49.88M55.42M49.6M41.52M39.82M
Property, Plant & Equipment11.78M12.37M21.36M34.7M39.55M34.78M28.38M27.21M
Fixed Asset Turnover1.71x2.49x1.68x1.35x0.96x0.77x0.90x0.97x
Goodwill8.33M8.33M8.33M8.33M8.33M8.33M8.33M8.33M
Intangible Assets3.19M2.73M2.27M1.81M1.35M1.06M804K741K
Long-Term Investments00000000
Other Non-Current Assets-23.3M120K05.04M6.19M5.43M4.01M16.29M
Total Assets
45.21M▲ 0%
51.74M▲ 14.4%
61.95M▲ 19.7%
351.81M▲ 467.9%
266.15M▼ 24.3%
147.96M▼ 44.4%
146.41M▼ 1.0%
127.62M▲ 0%
Asset Turnover0.45x0.60x0.58x0.13x0.14x0.18x0.18x0.24x
Asset Growth %-14.44%19.74%467.87%-24.35%-44.41%-1.05%-97.93%
Total Current Liabilities17.06M34.88M28.01M34.44M46.27M29.85M22.67M20.45M
Accounts Payable5.58M6.43M9.01M12.79M23.93M11.5M9.02M2.9M
Days Payables Outstanding95.742.0685.7106.25199.4106.49109.3135.58
Short-Term Debt301K1.05M103K0001.3M240K
Deferred Revenue (Current)001.64M163K214K174K00
Other Current Liabilities2.52M3.16M2.9M397K730K673K12.36M20.21M
Current Ratio1.28x0.81x1.07x8.77x4.55x3.29x4.63x4.63x
Quick Ratio0.45x0.21x0.47x7.92x3.86x2.39x3.95x3.95x
Cash Conversion Cycle263.49150.19144.34158.7142.2201.56132.07202.6
Total Non-Current Liabilities6.35M14.84M14.01M10.56M14.02M2.99M77.71M78.85M
Long-Term Debt03.42M5.7M00074.43M74.55M
Capital Lease Obligations609K02.42M1.91M792K405K246K1.22M
Deferred Tax Liabilities00186K15K93K118K149K593K
Other Non-Current Liabilities5.75M11.42M5.71M8.63M13.13M2.47M2.89M11.28M
Total Liabilities23.41M49.72M42.03M45.01M60.28M32.84M100.38M99.31M
Total Debt1.69M5M9.37M3.23M1.94M799K75.97M74.79M
Net Debt640K2.59M6.7M-262.01M-165.96M-63.64M-6.81M7.29M
Debt / Equity0.08x2.47x0.47x0.01x0.01x0.01x1.65x1.65x
Debt / EBITDA--------1.57x
Net Debt / EBITDA--------0.15x
Interest Coverage--414.13x-231.61x-165.25x---292.82x47.20x
Total Equity
21.8M▲ 0%
2.02M▼ 90.7%
19.93M▲ 884.9%
306.8M▲ 1439.8%
205.86M▼ 32.9%
115.11M▼ 44.1%
46.03M▼ 60.0%
28.32M▲ 0%
Equity Growth %--90.72%884.92%1439.77%-32.9%-44.08%-60.02%-235.88%
Book Value per Share0.140.010.121.781.020.570.230.14
Total Shareholders' Equity21.8M2.02M19.93M306.8M205.86M115.11M46.03M28.32M
Common Stock21.8M1.79M020K20K20K20K21K
Retained Earnings000-22.44M-131.99M-225.91M-301.03M-319.15M
Treasury Stock0000-1.97M-3.41M-4.44M0
Accumulated OCI-6K230K145K017K12K-17K-17K
Minority Interest00000000

LVWR Cash Flow Statement

LiveWire Group, Inc. (LVWR) cash flow — operating, investing & free cash flow history

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations-69.22M-53.71M-74.54M-89.68M-83.46M-93.86M-53.55M-53.55M
Operating CF Margin %-342.86%-174.04%-208.17%-191.49%-219.5%-352.42%-208.59%-
Operating CF Growth %-22.4%-38.77%-20.31%6.93%-12.46%42.95%174.79%
Net Income-56.52M-77.57M-68.29M-78.94M-109.55M-93.92M-75.11M-73.97M
Depreciation & Amortization1.75M3.94M4.72M4.4M5.83M10.04M10.14M5M
Stock-Based Compensation105K188K786K394K8.93M4.63M4.94M3.05M
Deferred Taxes22.59M98K-22K-125K74K22K32K28K
Other Non-Cash Items8.24M4.26M3.26M-9.27M5.36M-5.08M3.7M11.44M
Working Capital Changes-22.8M15.37M-14.99M-6.15M5.89M-9.54M2.75M5.4M
Change in Receivables-6.37M1.63M-2.21M3.56M-4.9M3.19M349K-74K
Change in Inventory-16.34M-9.6M1.56M-21.07M-5.63M-569K8.8M11.47M
Change in Payables023.32M-11.06M12.64M14.64M-12.71M-7.02M-13.31M
Cash from Investing-14.18M-3.24M-9.95M-14.08M-13.46M-8.07M-3.81M-3.89M
Capital Expenditures-7.18M-3.24M-9.95M-14.08M-13.46M-8.07M-3.81M-3.89M
CapEx % of Revenue35.55%10.51%27.79%30.07%35.4%30.29%14.85%-
Acquisitions-7M0000000
Investments--------
Other Investing00000000
Cash from Financing84.45M58.3M84.76M366.33M-412K-1.44M75.73M74.38M
Debt Issued (Net)300K4.03M1.1M15.33M0075M75M
Equity Issued (Net)0000-1.97M-1.44M735K985K
Dividends Paid00000000
Share Repurchases0000-1.97M-1.44M-1.02M-1.58M
Other Financing84.15M54.27M83.66M351M1.56M00-1.61M
Net Change in Cash
1.05M▲ 0%
1.35M▲ 27.8%
267K▼ 80.2%
262.57M▲ 98241.6%
-97.34M▼ 137.1%
-103.47M▼ 6.3%
18.34M▲ 117.7%
21.27M▲ 0%
Free Cash Flow
-76.39M▲ 0%
-56.96M▲ 25.4%
-84.49M▼ 48.3%
-103.76M▼ 22.8%
-96.92M▲ 6.6%
-101.93M▼ 5.2%
-57.36M▲ 43.7%
-52.94M▲ 0%
FCF Margin %-378.41%-184.55%-235.97%-221.56%-254.91%-382.71%-223.43%-188.77%
FCF Growth %-25.44%-48.34%-22.81%6.59%-5.16%43.73%43.6%
FCF per Share-0.47-0.28-0.52-0.60-0.48-0.50-0.28-0.28
FCF Conversion (FCF/Net Income)1.22x0.69x1.09x1.14x0.76x1.00x0.71x0.72x
Interest Paid00000000
Taxes Paid00000000

LVWR Key Ratios

LiveWire Group, Inc. (LVWR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric202020212022202320242025TTM
Return on Equity (ROE)-651.32%-622.31%-48.32%-42.74%-58.52%-93.23%-137.09%
Return on Invested Capital (ROIC)-427.23%-327.33%-178.44%-205.44%-181.15%-124.84%-124.84%
Gross Margin-80.86%-7.19%6.2%-15.18%-48%-17.27%-8.08%
Net Margin-251.34%-190.73%-168.55%-288.12%-352.66%-292.59%-263.77%
Debt / Equity2.47x0.47x0.01x0.01x0.01x1.65x1.65x
Interest Coverage-414.13x-231.61x-165.25x---292.82x47.20x
FCF Conversion0.69x1.09x1.14x0.76x1.00x0.71x0.72x
Revenue Growth52.88%16.02%30.8%-18.81%-29.96%-3.61%14.94%

LVWR SEC Filings & Documents

LiveWire Group, Inc. (LVWR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Feb 10, 2026·SEC

Material company update

Jan 9, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 6, 2025·SEC

LVWR Frequently Asked Questions

LiveWire Group, Inc. (LVWR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

LiveWire Group, Inc. (LVWR) reported $28.0M in revenue for fiscal year 2025. This represents a 39% increase from $20.2M in 2019.

LiveWire Group, Inc. (LVWR) saw revenue decline by 3.6% over the past year.

LiveWire Group, Inc. (LVWR) reported a net loss of $74.0M for fiscal year 2025.

Dividend & Returns

LiveWire Group, Inc. (LVWR) has a return on equity (ROE) of -93.2%. Negative ROE indicates the company is unprofitable.

LiveWire Group, Inc. (LVWR) had negative free cash flow of $52.9M in fiscal year 2025, likely due to heavy capital investments.

Explore More LVWR

LiveWire Group, Inc. (LVWR) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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