LVWR LiveWire Group, Inc.

FY2025 10-K
Filed: Feb 20, 2026
Industrials
Motorcycles, Bicycles & PartsSEC EDGAR

LiveWire Group, Inc. (LVWR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 20, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Designing, manufacturing, and selling electric motorcycles and electric balance bikes targeting youth, via a two-segment approach: Electric Motorcycles and STACYC
  • New product introduction: Launched adult pedal-assist electric bike in STACYC segment March 2025; planning two new 125 cc-equivalent mini-motos, S4 Honcho™, for Electric Motorcycles in spring 2026
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Management Discussion & Analysis

  • Revenue $25.7M in 2025 vs $26.6M in 2024, Electric Motorcycles revenue down 27.6% to $6.1M, STACYC up 7.4% to $19.6M
  • Operating loss narrowed 31.6% to $75.5M, Electric Motorcycles loss improved 30.0% to $73.8M, STACYC loss improved 66.0% to $1.7M
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Risk Factors

  • Governance risk: Interim CISO leadership after Harley-Davidson’s CISO left Oct 2025 until new hire
  • Operational risk: Reliance on Harley-Davidson’s Chief Digital and Operations Officer as acting CISO until Dec 31, 2025
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Financial Summary
XBRL

Revenue

$26M

Net Income

-$75M

Operating Margin

-294.0%

Net Margin

-292.6%

ROE

-163.2%

Total Assets

$146M

EPS (Diluted)

$-0.37

Operating Cash Flow

-$54M

Source: XBRL data from LiveWire Group, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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