Revenue growth is strong but the company is still burning cash at a high rate with no path to profitability visible. The reiterated guidance and new product launches (S4 Honcho, Dust) provide a narrative catalyst, but the stock's historical post-earnings drift has been negative. Monitor cash runway and S4 Honcho delivery ramp for signs of inflection.
Price Chart
Executive Summary
LiveWire Group reported Q2 2026 revenue of $9.1M, up 55% YoY, with a net loss of $18.2M ($0.09 per share) — roughly in line with the prior year's $18.8M loss. The company reiterated full-year guidance, commenced S4 Honcho production, and closed the Dust Motorcycles acquisition. Despite strong revenue growth, the company remains deeply unprofitable with cash burn accelerating, and the stock has a history of poor post-earnings performance.
Key Financial Metrics
Key Facts
- Consolidated revenue increased 55% YoY to $9.1M in Q2 2026
- Net loss was $18.2M, nearly unchanged from $18.8M in Q2 2025
- EPS was ($0.09), same as the prior year quarter
- Electric Motorcycle unit sales surged 386% YoY to 267 units
- STACYC unit sales grew 7% YoY to 5,223 units
- Cash and cash equivalents fell to $52.9M from $82.8M at year-end 2025
- Year-to-date free cash flow improved 19% to ($27.7M) vs ($34.4M) in 2025
- Full-year 2026 guidance reiterated
- Commenced production of S4 Honcho; completed Dust Motorcycles acquisition in May 2026
Financial Impact
Revenue grew 55% YoY to $9.1M, but net loss remained flat at ~$18.2M. Cash burn continues with $29.9M decrease in cash H1 2026.
Risk Factors
- Continued cash burn with only $52.9M in cash at June 30, 2026
- No analyst consensus available — limited institutional coverage
- Operating losses remain high at $18.0M per quarter with no near-term profitability
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001898795-26-000064 |
| Document: lvwr-20260723.htm | 0001898795-26-000064 |
| Document: 0001898795-26-000064-index-headers.html | 0001898795-26-000064 |
| Document: 0001898795-26-000064-index.html | 0001898795-26-000064 |
| Document: 0001898795-26-000064.txt | 0001898795-26-000064 |
| 8-K Data (Synthetic) | 0001898795-26-000064 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | $1.66 | awaiting T+20 | — | $1.68 (−1.20%) |
Aug 4, 2026 11w ago | Insider Cluster | $1.24 $1.20 | ▲ +3.23% | ▲ +2.62% | $1.68 (−35.48%) |
Aug 3, 2026 12w ago | Insider Cluster | $1.42 $1.14 | ▲ +19.72% | ▲ +18.48% | $1.68 (−18.31%) |
Jul 31, 2026 12w ago | Insider Cluster | $1.68 $1.22 | ▼ −27.38% | ▼ −28.62% | $1.68 (−0.00%) |
Jul 31, 2026 12w ago | 144 | $1.81 $1.35 | ▼ −25.41% | ▼ −28.40% | $1.68 (−7.18%) |
Jul 29, 2026 12w ago | 8-K | $2.59 $1.37 | ▲ +47.10% | ▲ +52.12% | $1.68 (+35.14%) |
Jul 23, 2026 13w ago | 8-K | $0.7700 $1.13 | ▲ +46.75% | ▲ +43.45% | $1.68 (+118.18%) |
Jun 11, 2026 19w ago | Institutional Cluster | $1.18 $0.7087 | ▼ −39.94% | ▼ −41.83% | $1.68 (+42.37%) |
May 22, 2026 22w ago | 8-K | — | awaiting T+20 | — | — |
May 19, 2026 22w ago | 8-K | — | awaiting T+20 | — | — |
US Market Status
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