NYSE : LVWR
LiveWire Group, Inc. — Financial statements
Consumer Discretionary · Auto Manufacturers · United States
Last price 0.66 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 135.57M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
LiveWire Group, Inc. (LVWR) reported revenue of 33.45M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 33.45M | 25.67M | 26.63M | 38.02M | 46.83M | 35.81M |
| Cost of Revenue | 34.32M | 30.11M | 39.42M | 43.80M | 43.93M | 38.38M |
| Gross Profit | -871.00K | -4.43M | -12.78M | -5.77M | 2.90M | -2.57M |
| Selling, General & Admin | 70.06M | 71.05M | 92.96M | 110.22M | 87.86M | 65.61M |
| Operating Expenses | 70.06M | 71.05M | 92.96M | 110.22M | 87.86M | 65.61M |
| Operating Income | -70.94M | -75.48M | -105.74M | -115.99M | -84.95M | -68.18M |
| Interest Expense | -4.64M | -255.00K | -475.00K | -293.00K | ||
| Interest & Investment Income | 1.48M | 1.17M | 5.70M | 10.54M | 1.19M | 19.00K |
| Other Non Operating Income (Expenses) | 940.00K | -352.00K | 10.77M | -4.02M | 5.27M | 302.00K |
| EBT Excluding Unusual Items | -73.15M | -74.92M | -89.27M | -109.47M | -78.97M | -68.15M |
| Merger & Restructuring Charges | -4.62M | |||||
| Pretax Income | -73.15M | -74.92M | -93.88M | -109.47M | -78.97M | -68.15M |
| Income Tax Expense | -567.00K | 189.00K | 43.00K | 78.00K | -33.00K | 138.00K |
| Net Income | -72.58M | -75.11M | -93.92M | -109.55M | -78.94M | -68.29M |
| Net Income to Common | -72.58M | -75.11M | -93.92M | -109.55M | -78.94M | -68.29M |
| Shares Outstanding (Basic) | 204.76M | 203.73M | 203.21M | 202.50M | 172.00M | 161.00M |
| Shares Outstanding (Diluted) | 204.76M | 203.73M | 203.21M | 202.50M | 172.00M | 161.00M |
| EPS (Basic) | -0.35 | -0.37 | -0.46 | -0.54 | -0.46 | -0.42 |
| EPS (Diluted) | -0.36 | -0.37 | -0.46 | -0.54 | -0.46 | -0.42 |
| Free Cash Flow | -49.80M | -57.36M | -101.93M | -96.92M | -103.76M | -84.49M |
| Free Cash Flow Per Share | -0.24 | -0.28 | -0.50 | -0.48 | -0.60 | -0.53 |
| Gross Margin | -2.60% | -17.27% | -48.00% | -15.18% | 6.20% | -7.19% |
| Operating Margin | -212.08% | -294.03% | -397.03% | -305.05% | -181.40% | -190.42% |
| Profit Margin | -217.01% | -292.59% | -352.66% | -288.12% | -168.55% | -190.73% |
| Free Cash Flow Margin | -148.90% | -223.43% | -382.71% | -254.91% | -221.56% | -235.97% |
| EBITDA | -62.27M | -66.35M | -96.66M | -111.00M | -80.59M | -63.46M |
| EBITDA Margin | -186.16% | -258.44% | -291.92% | -172.08% | -177.24% | |
| D&A For EBITDA | 8.67M | 9.14M | 9.08M | 4.99M | 4.37M | 4.72M |
| EBIT | -70.94M | -75.48M | -105.74M | -115.99M | -84.95M | -68.18M |
| EBIT Margin | -212.08% | -294.03% | -181.40% | -190.42% | ||
| Advertising Expenses | 4.24M | 5.23M | 4.67M | 7.94M | 5.34M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 39.92M | 82.78M | 64.44M | 167.90M | 265.24M | 2.67M |
| Cash & Short-Term Investments | 39.92M | 82.78M | 64.44M | 167.90M | 265.24M | 2.67M |
| Receivables | 3.73M | 3.97M | 4.27M | 7.70M | 2.85M | 6.90M |
| Inventory | 15.68M | 15.26M | 26.94M | 32.12M | 29.21M | 19.82M |
| Prepaid Expenses | 2.10M | 2.42M | 1.91M | 3.70M | ||
| Other Current Assets | 3.37M | 790.00K | 287.00K | 1.10M | 925.00K | 531.00K |
| Total Current Assets | 62.70M | 104.89M | 98.36M | 210.73M | 301.93M | 29.92M |
| Property, Plant & Equipment | 24.79M | 17.12M | 22.70M | 25.16M | 33.39M | 19.12M |
| Goodwill | 9.49M | 8.33M | 8.33M | 8.33M | 8.33M | 8.33M |
| Other Intangible Assets | 3.80M | 12.06M | 13.13M | 15.74M | 3.12M | 4.51M |
| Long-Term Deferred Tax Assets | 4.00K | 6.00K | 7.00K | 4.00K | 72.00K | |
| Long-Term Deferred Charges | 45.00K | 1.31M | 4.93M | |||
| Other Long-Term Assets | 3.04M | 4.01M | 5.38M | 4.88M | 114.00K | |
| Total Assets | 103.83M | 146.41M | 147.96M | 266.15M | 351.81M | 61.95M |
| Accounts Payable | 8.44M | 9.02M | 11.50M | 23.93M | 12.79M | 9.01M |
| Accrued Expenses | 10.46M | 8.96M | 14.26M | 14.73M | 11.68M | 12.29M |
| Current Portion of Long-Term Debt | 800.00K | 103.00K | ||||
| Current Portion of Leases | 262.00K | 496.00K | 394.00K | 1.15M | 1.31M | 1.15M |
| Current Income Taxes Payable | 692.00K | 863.00K | 579.00K | 352.00K | 918.00K | |
| Current Unearned Revenue | 662.00K | 174.00K | 214.00K | 163.00K | 1.64M | |
| Other Current Liabilities | 1.11M | 2.05M | 2.66M | 5.66M | 8.14M | 2.90M |
| Total Current Liabilities | 20.27M | 22.67M | 29.85M | 46.27M | 34.44M | 28.01M |
| Long-Term Debt | 76.82M | 74.18M | 5.70M | |||
| Long-Term Leases | 542.00K | 246.00K | 405.00K | 792.00K | 1.91M | 2.42M |
| Long-Term Unearned Revenue | 410.00K | 393.00K | 245.00K | |||
| Long-Term Deferred Tax Liabilities | 250.00K | 149.00K | 118.00K | 93.00K | 15.00K | 186.00K |
| Other Long-Term Liabilities | 11.48M | 2.72M | 2.08M | 12.89M | 8.63M | 5.71M |
| Total Liabilities | 109.36M | 100.38M | 32.84M | 60.28M | 45.01M | 42.03M |
| Common Stock | 21.00K | 20.00K | 20.00K | 20.00K | 20.00K | 19.78M |
| Additional Paid-In Capital | 355.78M | 351.49M | 344.41M | 339.78M | 329.22M | |
| Retained Earnings | -355.99M | -301.03M | -225.91M | -131.99M | -22.44M | |
| Treasury Stock | -5.30M | -4.44M | -3.41M | -1.97M | ||
| Comprehensive Income & Other | -39.00K | -17.00K | 12.00K | 17.00K | 145.00K | |
| Shareholders' Equity | -5.52M | 46.03M | 115.11M | 205.86M | 306.80M | 19.93M |
| Total Liabilities & Equity | 103.83M | 146.41M | 147.96M | 266.15M | 351.81M | 61.95M |
| Total Debt | 77.62M | 75.72M | 799.00K | 1.94M | 3.23M | 9.37M |
| Net Cash (Debt) | -37.70M | 7.05M | 63.64M | 165.96M | 262.01M | -6.70M |
| Net Cash Per Share | -0.18 | 0.03 | 0.31 | 0.82 | 1.52 | -0.04 |
| Filing Date Shares Outstanding | 205.41M | 204.34M | 203.47M | 203.16M | 202.40M | 202.40M |
| Total Common Shares Outstanding | 205.41M | 204.31M | 203.42M | 203.03M | 202.40M | 202.40M |
| Working Capital | 42.43M | 82.21M | 68.51M | 164.46M | 267.49M | 1.90M |
| Book Value Per Share | -0.03 | 0.23 | 0.57 | 1.01 | 1.52 | 0.10 |
| Tangible Book Value | -18.82M | 25.64M | 93.66M | 181.79M | 295.36M | 7.08M |
| Tangible Book Value Per Share | -0.09 | 0.13 | 0.46 | 0.90 | 1.46 | 0.04 |
| Machinery | 31.39M | 34.72M | 28.77M | 13.36M | 13.47M | |
| Construction In Progress | 3.82M | 3.20M | 6.70M | 26.36M | 9.75M | |
| Leasehold Improvements | 2.54M | 2.53M | 2.02M | 1.64M | 1.27M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -72.58M | -75.11M | -93.92M | -109.55M | -78.94M | -68.29M |
| Depreciation & Amortization | 8.67M | 9.14M | 9.08M | 4.99M | 4.37M | 4.72M |
| Other Amortization | 1.00M | 1.00M | 957.00K | 839.00K | 35.00K | |
| Loss (Gain) From Sale of Assets | 850.00K | |||||
| Stock-Based Compensation | 4.94M | 4.94M | 4.63M | 8.93M | 394.00K | 786.00K |
| Provision & Write-off of Bad Debts | 226.00K | 124.00K | 230.00K | 53.00K | 145.00K | 55.00K |
| Other Operating Activities | 6.78M | 3.61M | -5.29M | 5.38M | -9.54M | 2.33M |
| Change in Accounts Receivable | -506.00K | 349.00K | 3.19M | -4.90M | 3.56M | -2.21M |
| Change in Inventory | 3.36M | 8.80M | -569.00K | -5.63M | -21.07M | 1.56M |
| Change in Accounts Payable | 1.08M | -7.02M | -12.71M | 14.80M | 12.64M | -11.06M |
| Change in Other Net Operating Assets | 784.00K | 629.00K | 540.00K | 1.62M | -1.28M | -3.28M |
| Operating Cash Flow | -46.24M | -53.55M | -93.86M | -83.46M | -89.68M | -74.54M |
| Capital Expenditures | -3.56M | -3.81M | -8.07M | -13.46M | -14.08M | -9.95M |
| Cash Acquisitions | -375.00K | |||||
| Investing Cash Flow | -3.94M | -3.81M | -8.07M | -13.46M | -14.08M | -9.95M |
| Long-Term Debt Issued | 75.00M | 15.33M | 2.10M | |||
| Long-Term Debt Repaid | -1.00M | |||||
| Net Debt Issued (Repaid) | 74.20M | 75.00M | 15.33M | 1.10M | ||
| Issuance of Common Stock | 1.01M | 2.21M | 1.56M | |||
| Repurchase of Common Stock | -1.13M | -1.02M | -1.44M | -1.97M | ||
| Other Financing Activities | -190.00K | -454.00K | 351.00M | 83.66M | ||
| Financing Cash Flow | 73.89M | 75.73M | -1.44M | -412.00K | 366.33M | 84.76M |
| Foreign Exchange Rate Adjustments | -118.00K | -36.00K | -96.00K | |||
| Net Cash Flow | 23.59M | 18.34M | -103.47M | -97.34M | 262.57M | 267.00K |
| Free Cash Flow | -49.80M | -57.36M | -101.93M | -96.92M | -103.76M | -84.49M |
| Free Cash Flow Margin | -148.90% | -223.43% | -382.71% | -254.91% | -221.56% | -235.97% |
| Free Cash Flow Per Share | -0.24 | -0.28 | -0.50 | -0.48 | -0.60 | -0.53 |
| Levered Free Cash Flow | -32.54M | -32.34M | -66.24M | -65.35M | -65.75M | -55.24M |
| Unlevered Free Cash Flow | -29.64M | -32.18M | -66.24M | -65.35M | -65.46M | -55.06M |
| Change in Working Capital | 4.72M | 2.75M | -9.54M | 5.89M | -6.15M | -14.99M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 137.65M | 901.63M | 977.63M | 2.29B | 981.65M | 499.50M |
| Enterprise Value | 175.35M | 886.18M | 890.19M | 2.09B | 982.08M | |
| Last Close Price | 0.66 | 4.42 | 4.81 | 11.31 | 4.85 | 9.99 |
| PS Ratio | 4.05 | 35.12 | 36.71 | 60.25 | 20.96 | 13.95 |
| PB Ratio | 19.59 | 8.49 | 11.13 | 3.20 | 25.07 | |
| P/TBV Ratio | 35.17 | 10.44 | 12.60 | 3.32 | 70.50 | |
| EV/Sales Ratio | 5.18 | 34.52 | 33.42 | 55.05 | 20.97 | |
| Debt / Equity Ratio | -14.05 | 1.65 | 0.01 | 0.01 | 0.01 | 0.47 |
| Net Debt / Equity Ratio | -6.83 | -0.15 | -0.55 | -0.81 | -0.85 | 0.34 |
| Net Debt / EBITDA Ratio | -0.61 | 0.11 | 0.66 | 1.50 | 3.25 | -0.11 |
| Net Debt / FCF Ratio | -0.76 | 0.12 | 0.62 | 1.71 | 2.52 | -0.08 |
| Asset Turnover | 0.35 | 0.17 | 0.13 | 0.12 | 0.23 | 0.63 |
| Inventory Turnover | 1.78 | 1.43 | 1.33 | 1.43 | 1.79 | 1.89 |
| Quick Ratio | 2.15 | 3.83 | 2.30 | 3.79 | 7.78 | 0.34 |
| Current Ratio | 3.09 | 4.63 | 3.29 | 4.55 | 8.77 | 1.07 |
| Return on Equity (ROE) | -257.95% | -93.23% | -58.52% | -42.74% | -48.32% | -622.31% |
| Return on Assets (ROA) | -45.93% | -32.05% | -31.92% | -23.46% | -25.67% | -74.96% |
| Return on Capital Employed (ROCE) | -84.90% | -61.00% | -89.50% | -52.80% | -26.80% | -200.90% |
| Earnings Yield | -53.10% | -8.33% | -9.61% | -4.78% | -8.04% | -13.67% |
| FCF Yield | -36.74% | -6.36% | -10.43% | -4.23% | -10.57% | -16.91% |
| Buyback Yield / Dilution | -0.60% | -0.26% | -0.35% | -17.73% | -6.83% |