LiveWire Group (LVWR) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 38% YoY to $7.9M on higher Electric Motorcycles and STACYC sales; net loss narrowed to $18.6M from $19.4M.

• Cash was $39.9M at Sept. 30, 2026; management cited substantial doubt about funding planned operations over the next 12 months without additional liquidity or improved performance.

Financial highlights

• Q3 operating loss narrowed to $17.5M from $18.8M; Adjusted EBITDA loss narrowed to $14.7M from $16.5M.

• Q3 gross loss was $375K versus $2.9M; operating expenses were $25.4M versus $24.5M.

• Nine-month revenue rose to $22.1M from $14.3M; operating loss improved to $53.2M from $57.7M and net loss to $55.0M from $57.5M.

• Q3 diluted loss per share was $0.09 versus $0.10; nine-month diluted loss per share was $0.27 versus $0.28.

Outlook and guidance

• Withdrew FY2026 operating-loss guidance of $70M–$80M amid the restructuring committee’s review of financing and strategic alternatives.

• S4 Honcho Trail units reached U.S. retail locations in August and Street units in October; European deliveries were expected from October for Trail and November for Street.

• Focus remains on cost savings, lower cash use, and profitable products aligned with customer preferences and EV adoption trends.