LiveWire Group (LVWR) Q2 2026 earnings summary

Executive summary

• Achieved 55% year-over-year consolidated revenue growth in Q2 2026, driven by higher unit sales in both Electric Motorcycle and STACYC segments.

• Commenced production of the S4 Honcho platform, expanding into a more accessible electric motorcycle segment.

• Completed the acquisition of Dust Motorcycles, accelerating entry into the electric off-road market.

• Improved year-to-date free cash flow by 19% over 2025 through disciplined cost management.

Financial highlights

• Q2 2026 consolidated revenue: $9.1M, up from $5.9M in Q2 2025 (55% increase).

• Q2 2026 net loss: $18.2M, improved from $18.8M in Q2 2025.

• Adjusted EBITDA for Q2 2026: $(15.1)M, compared to $(15.7)M in Q2 2025.

• Year-to-date net cash used by operating activities reduced by 18% to $26.4M; free cash flow improved by 19% to $(27.7)M.

• Q2 2026 consolidated revenue units: 5,490, up 11% year-over-year.

Outlook and guidance

• Reiterated full-year 2026 financial guidance.