v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Jun. 30, 2025
ASSETS      
Cash and cash equivalents $ 1,895,789 $ 3,091,744 $ 1,587,664
Accounts receivable, net 301,788 225,760 325,756
Finance receivables held for sale, net 545,761 264,238 0
Finance receivables held for investment, net of allowance of $3,984, $5,591, and $72,225 1,094,533 981,926 2,127,866
Inventories, net 500,935 730,898 630,287
Restricted cash 0 0 149,782
Other current assets 250,420 292,383 327,260
Current assets 4,589,226 5,586,949 5,148,615
Finance receivables held for investment, net of allowance (recovery) of $34,176, $(7,826), and $327,068 1,004,886 719,060 5,198,356
Property, plant and equipment, net 691,084 750,224 729,491
Pension and postretirement assets 567,824 546,303 467,893
Goodwill 63,608 63,913 63,839
Deferred income taxes 70,784 73,792 166,800
Lease assets 77,111 82,542 71,938
Other long-term assets 181,342 222,032 203,513
Assets 7,245,865 8,044,815 12,050,445
LIABILITIES AND SHAREHOLDERS’ EQUITY      
Accounts payable 409,275 389,237 367,380
Accrued liabilities 624,145 671,957 673,236
Short-term deposits, net 266,421 280,095 243,101
Short-term debt 613,141 497,776 503,353
Current portion of long-term debt, net 498,466 819,629 1,983,828
Current liabilities 2,411,448 2,658,694 3,770,898
Long-term deposits, net 250,043 256,549 294,783
Long-term debt, net 1,130,847 1,649,612 4,367,553
Lease liabilities 64,649 69,425 56,302
Pension and postretirement liabilities 51,472 53,135 52,189
Deferred income taxes 7,120 5,506 17,027
Other long-term liabilities 214,267 195,044 183,760
Commitments and contingencies (Note 14)
Shareholders’ equity:      
Common stock 1,736 1,726 1,726
Additional paid-in-capital 1,866,243 1,790,175 1,806,340
Retained earnings 3,780,775 3,717,408 3,660,975
Accumulated other comprehensive loss (274,188) (257,137) (298,422)
Treasury stock, at cost (2,275,356) (2,111,504) (1,853,694)
Total Harley-Davidson, Inc. shareholders' equity 3,099,210 3,140,668 3,316,925
Noncontrolling interest 16,809 16,182 (8,992)
Total equity 3,116,019 3,156,850 3,307,933
Total liabilities and shareholders' equity $ 7,245,865 $ 8,044,815 $ 12,050,445