Revenue (Tables)

9 Months Ended

Sep. 30, 2026

Revenue from Contract with Customer [Abstract]

Disaggregated revenue by major source was as follows (in thousands):


	Three months ended				Nine months ended
	September 30, 2026		September 30, 2025		September 30, 2026		September 30, 2025
HDMC:
Motorcycles	$	733,571	$	821,864	$	2,417,921	$	2,463,793
Parts and accessories	152,941		167,252		472,134		497,558
Apparel	55,201		56,052		168,582		168,614
Licensing	4,605		5,547		16,950		14,549
Other	17,699		23,244		48,180		54,599
	964,017		1,073,959		3,123,767		3,199,113
LiveWire	7,864		5,563		22,094		14,318
Motorcycles and related products revenue	971,881		1,079,522		3,145,861		3,213,431

HDFS:
Interest income	66,558		198,239		177,143		622,696
Other	44,200		62,949		162,602		140,891
Financial services revenue	110,758		261,188		339,745		763,587
	$	1,082,639	$	1,340,710	$	3,485,606	$	3,977,018

Schedule of Accrued liabilities and Other Long-Term Liabilities

Contract liabilities, included in Accrued liabilities and Other long-term liabilities on the Consolidated balance sheets, was as follows (in thousands):


	September 30, 2026		September 30, 2025
Balance, beginning of period	$	95,807	$	56,753
Balance, end of period	$	120,657	$	93,221