0001898795-26-000044
SEC filingLiveWire Group, Inc. reported Q1 2026 results with consolidated revenue of $5.1 million, up 86% from prior year, and reduced net loss to $18.1 million from $19.3 million.
LiveWire Group, Inc. delivered strong top-line growth in Q1 2026, with consolidated revenue surging 86% to $5.1 million, propelled by exceptional unit volume increases: electric motorcycle sales rose 176% to 91 units, generating $1.4 million in revenue (up 236%), while STACYC units grew 101% to 3,959 units, contributing $3.7 million (up 60%). This momentum underscores the company's leadership with 76% market share in the U.S. electric motorcycle 50+kW on-road segment. Operating loss narrowed 14% to $17.7 million, driven by a $1.6 million gross profit improvement and $1.4 million reduction in selling, administrative, and engineering expenses through cost discipline, particularly in people costs for the Electric Motorcycles segment. Net loss improved 6% to $18.1 million, though offset by higher related-party interest expense and lower warrant fair value gains. CEO Karim Donnez highlighted the 86% revenue growth, improved gross profit, operating loss, and 25% better free cash flow, positioning the business for further progress with the Spring 2026 S4 Honcho launch. Cash position stood at $67.5 million as of March 31, 2026, down from $82.8 million year-end, reflecting ongoing investments amid reduced cash burn. The company reiterated its full-year 2026 guidance, signaling confidence in sustained execution amid a competitive EV landscape.