LiveWire Group, Inc. (LVWR) Earnings Call Transcripts

LiveWire Group, Inc.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, LiveWire Group, Inc. reported a revenue decline of 12% year-over-year, primarily due to a significant drop in Harley-Davidson Financial Services (HDFS) revenue, which fell 54%. However, the company saw a notable 87% increase in revenue from its LiveWire segment, driven by electric motorcycle sales. Management maintained its full-year guidance, expecting retail and wholesale units to be between 130,000 and 135,000, while expressing increased optimism due to strong retail results in North America and effective cost reduction measures.

Reported metrics

Guidance from management

Management reaffirmed its full-year guidance for HDMC retail units of 130,000 to 135,000 and wholesale units of 130,000 to 135,000, while expressing increased optimism due to strong retail results in North America and effective cost reduction measures.

What management said

Great. Robin, thank you. It's Artie. I appreciate the questions. I'll take the first one, and then I'll let Jonathan handle the tariff specifics. When we say medium term, we mean 3 to 5 years. So hopefully, that helps. And on the tariff piece, Jonathan?

The Sportster is #1 request from global dealers. If you walked into our dealership in Shanghai, if you walked into our dealership in Louisville, Kentucky, if you walked into a dealership in Frankfurt, Germany, and you asked the dealer or sales team lead in those dealerships, "What can Harley-Davidson do for you?" You would hear, "Bring back the Sportster." So yes, but it's global truth in terms of the enthusiasm aro...

What analysts pressed on

Analysts raised concerns about the impact of demographic shifts on motorcycle popularity, particularly among younger generations. There were also questions regarding the sustainability of market share gains in the face of potential category declines.

Main topics on the call

• Retail Sales Growth — North American retail sales of new motorcycles increased by 14% year-over-year, contributing to an overall global retail sales growth of 8%. Management noted, "We are relatively pleased with the start to the year, partic...
• LiveWire Segment Performance — LiveWire revenue surged 87% year-over-year, attributed to increased sales of electric motorcycles and balance bikes. Management stated, "This drove an improvement of over 25% in net cash used by operating activities in Q...
• Inventory Management — The company reduced global inventory by 22% year-over-year, which helped align wholesale shipments with retail demand. Management emphasized, "This has allowed Harley-Davidson dealers to start the upcoming 2026 riding se...
• Tariff Impact — The company expects increased tariffs to cost between $75 million to $90 million for the full year 2026, which is lower than previous guidance. Management noted, "We think that, that tariff amount will consecutively decr...

Read the full LiveWire Group, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 8 LiveWire Group, Inc. earnings call transcripts on record, spanning July 27, 2023 to May 5, 2026. Based on this history, LiveWire Group, Inc. reports semi-annually. The most recent call on file is dated May 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

LVWR

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Automobiles

Calls on record

8

First call

July 27, 2023

Most recent

May 5, 2026

Reporting cadence

semi-annually