Harley-Davidson annual operating expenses
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Harley-Davidson Operating Expenses Growth & History (HOG)
Harley-Davidson's operating expenses was $475.5M for fiscal 2025.
View full Harley-Davidson company overviewHarley-Davidson annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $475.5M | −$250.2M | −34.47% |
| 2024 | 2024-12-31 | $725.7M | −$55.8M | −7.14% |
| 2023 | 2023-12-31 | $781.5M | $160.0M | +25.74% |
| 2022 | 2022-12-31 | $621.5M | $148.0M | +31.25% |
| 2021 | 2021-12-31 | $473.5M | −$345.1M | −42.16% |
| 2020 | 2020-12-31 | $818.6M | −$3.99B | −82.97% |
| 2019 | 2019-12-31 | $4.81B | −$197.2M | −3.94% |
| 2018 | 2018-12-31 | $5.00B | $238.2M | +5.00% |
| 2017 | 2017-12-31 | $4.77B | −$185.0M | −3.74% |
| 2016 | 2016-12-31 | $4.95B | $110.5M | +2.28% |
| 2015 | 2015-12-31 | $4.84B | −$107.8M | −2.18% |
| 2014 | 2014-12-31 | $4.95B | $201.4M | +4.24% |
| 2013 | 2013-12-31 | $4.75B | $165.8M | +3.62% |
| 2012 | 2012-12-31 | $4.58B | $98.6M | +2.20% |
| 2011 | 2011-12-31 | $4.48B | $183.0M | +4.26% |
| 2010 | 2010-12-31 | $4.30B | −$287.1M | −6.26% |
| 2009 | 2009-12-31 | $4.59B | −$310.4M | −6.34% |
| 2008 | 2008-12-31 | $4.90B | $178.7M | +3.79% |
| 2007 | 2007-12-31 | $4.72B | — | — |
Harley-Davidson quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $228.1M | $41.6M | +22.33% |
| Q1 2026 | 2026-03-31 | $243.0M | $90.0M | +58.83% |
| Q4 2025 | 2025-12-31 | $330.0M | $145.5M | +78.82% |
| Q3 2025 | 2025-09-30 | −$8.6M | −$165.5M | — |
| Q2 2025 | 2025-06-30 | $186.4M | −$3.8M | −2.00% |
| Q1 2025 | 2025-03-31 | $153.0M | −$41.1M | −21.17% |
| Q4 2024 | 2024-12-31 | $184.6M | −$12.6M | −6.37% |
| Q3 2024 | 2024-09-30 | $156.8M | −$45.7M | −22.55% |
| Q2 2024 | 2024-06-30 | $190.2M | −$3.0M | −1.53% |
| Q1 2024 | 2024-03-31 | $194.1M | $5.4M | +2.85% |
| Q4 2023 | 2023-12-31 | $197.1M | −$45.2M | −18.67% |
| Q3 2023 | 2023-09-30 | $202.5M | $50.9M | +33.58% |
| Q2 2023 | 2023-06-30 | $193.2M | $84.1M | +77.02% |
| Q1 2023 | 2023-03-31 | $188.7M | $70.3M | +59.35% |
| Q4 2022 | 2022-12-31 | $242.4M | — | — |
| Q3 2022 | 2022-09-25 | $151.6M | $45.4M | +42.72% |
| Q2 2022 | 2022-06-26 | $109.1M | −$17.6M | −13.86% |
| Q1 2022 | 2022-03-27 | $118.4M | −$957.9M | −89.00% |
| Q3 2021 | 2021-09-26 | $106.2M | −$921.6M | −89.67% |
| Q2 2021 | 2021-06-27 | $126.7M | −$854.6M | −87.09% |
| Q1 2021 | 2021-03-28 | $1.08B | −$114.4M | −9.61% |
| Q3 2020 | 2020-09-27 | $1.03B | −$124.9M | −10.83% |
| Q2 2020 | 2020-06-28 | $981.3M | −$395.0M | −28.70% |
| Q1 2020 | 2020-03-29 | $1.19B | −$26.5M | −2.18% |
| Q4 2019 | 2019-12-31 | $1.06B | −$82.2M | −7.20% |
| Q3 2019 | 2019-09-29 | $1.15B | −$13.6M | −1.16% |
| Q2 2019 | 2019-06-30 | $1.38B | −$12.9M | −0.93% |
| Q1 2019 | 2019-03-31 | $1.22B | −$88.4M | −6.77% |
| Q4 2018 | 2018-12-31 | $1.14B | $12.4M | +1.10% |
| Q3 2018 | 2018-09-30 | $1.17B | $109.5M | +10.36% |
| Q2 2018 | 2018-07-01 | $1.39B | $23.4M | +1.71% |
| Q1 2018 | 2018-04-01 | $1.31B | $93.0M | +7.66% |
| Q4 2017 | 2017-12-31 | $1.13B | $85.9M | +8.23% |
| Q3 2017 | 2017-09-24 | $1.06B | −$39.7M | −3.62% |
| Q2 2017 | 2017-06-25 | $1.37B | −$82.9M | −5.72% |
| Q1 2017 | 2017-03-26 | $1.21B | −$148.4M | −10.90% |
| Q4 2016 | 2016-12-31 | $1.04B | −$69.6M | −6.25% |
| Q3 2016 | 2016-09-25 | $1.10B | −$5.2M | −0.47% |
| Q2 2016 | 2016-06-26 | $1.45B | $86.9M | +6.38% |
| Q1 2016 | 2016-03-27 | $1.36B | $98.3M | +7.79% |
| Q4 2015 | 2015-12-31 | $1.11B | $11.6M | +1.05% |
| Q3 2015 | 2015-09-27 | $1.10B | $24.1M | +2.23% |
| Q2 2015 | 2015-06-28 | $1.36B | −$91.1M | −6.27% |
| Q1 2015 | 2015-03-29 | $1.26B | −$52.3M | −3.98% |
| Q4 2014 | 2014-12-31 | $1.10B | $33.2M | +3.11% |
| Q3 2014 | 2014-09-28 | $1.08B | −$14.6M | −1.34% |
| Q2 2014 | 2014-06-29 | $1.45B | $90.5M | +6.64% |
| Q1 2014 | 2014-03-30 | $1.32B | $92.3M | +7.54% |
| Q4 2013 | 2013-12-31 | $1.07B | — | — |
| Q3 2013 | 2013-09-29 | $1.09B | $59.0M | +5.71% |
| Q2 2013 | 2013-06-30 | $1.36B | $24.3M | +1.82% |
| Q1 2013 | 2013-03-31 | $1.22B | $68.7M | +5.95% |
| Q3 2012 | 2012-09-30 | $1.03B | −$121.4M | −10.51% |
| Q2 2012 · Jul 1 | 2012-07-01 | $1.34B | $134.5M | +11.17% |
| Q1 2012 · Apr 1 | 2012-04-01 | $1.15B | $122.3M | +11.85% |
| Q3 2011 · Sep 25 | 2011-09-25 | $1.15B | $47.0M | +4.24% |
| Q2 2011 · Jun 26 | 2011-06-26 | $1.20B | $113.6M | +10.43% |
| Q1 2011 · Mar 27 | 2011-03-27 | $1.03B | −$22.4M | −2.13% |
| Q4 2010 | 2010-12-31 | $1.05B | −$75.9M | −6.76% |
| Q3 2010 | 2010-09-26 | $1.11B | −$38.8M | −3.38% |
| Q2 2010 | 2010-06-27 | $1.09B | −$86.0M | −7.31% |
| Q1 2010 | 2010-03-28 | $1.05B | −$86.5M | −7.58% |
| Q4 2009 | 2009-12-31 | $1.12B | — | — |
| Q3 2009 | 2009-09-27 | $1.15B | $930.3M | +430.55% |
| Q2 2009 | 2009-06-28 | $1.18B | $960.0M | +444.30% |
| Q1 2009 | 2009-03-29 | $1.14B | — | — |
| Q3 2008 | 2008-09-28 | $216.1M | — | — |
| Q2 2008 | 2008-06-29 | $216.1M | — | — |
Harley-Davidson operating expenses trends
Over the last five fiscal years, Harley-Davidson's operating expenses decreased from $818.6M to $475.5M, a change of −$343.1M. The latest reported quarter, Q2 2026, shows $228.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Harley-Davidson source filings ↗