Revenue: As of FY2026 Q1, the actual value is USD 5.115 M.EPS: As of FY2026 Q1, the actual value is USD -0.09.EBIT: As of FY2026 Q1, the actual value is USD -16.86 M.<h4>Consolidated Financial Performance</h4>LiveWire Group, Inc. reported a net loss of - $18,128 thousand for the three months ended March 31, 2026, improving from a net loss of - $19,271 thousand for the same period in 2025. The consolidated operating loss decreased to - $17,672 thousand in Q1 2026 from - $20,666 thousand in Q1 2025. Interest expense from related parties was - $1,417 thousand in Q1 2026, compared to zero in Q1 2025, due to a $75.0 million Term Loan from H-D. Interest income increased to $603 thousand in Q1 2026 from $504 thousand in Q1 2025. Income from the change in fair value of warrant liabilities was $383 thousand in Q1 2026, down from $905 thousand in Q1 2025.<h4>Electric Motorcycles Segment</h4><ul><li>Segment Revenue: Net revenue increased by 235.8% to $1,407 thousand for the three months ended March 31, 2026, up from $419 thousand in the prior year period. This was driven by electric motorcycle sales increasing to $867 thousand from $140 thousand, and parts, accessories, and apparel sales rising to $540 thousand from $279 thousand.</li><li>Operational Metrics: The operating loss improved to - $16,701 thousand in Q1 2026 from - $19,353 thousand in Q1 2025. Cost of goods sold decreased by 2.4% to $3,319 thousand, while selling, administrative and engineering expense decreased by 9.7% to $14,789 thousand, primarily due to reduced personnel costs.</li><li>Unit Sales: Wholesale Motorcycle Unit Sales were 76 units (up from 32 units), Company Retail Motorcycle Unit Sales were 15 units (up from 1 unit), and Total Retail Motorcycle Unit Sales were 119 units (up from 69 units).</li><li>Retail Partners: The number of Independent Retail Partners decreased from 96 as of December 31, 2025, to 92 as of March 31, 2026, with the Company-Owned Dealership remaining at 1.</li></ul><h4>STACYC Segment</h4><ul><li>Segment Revenue: Net revenue increased by 59.6% to $3,708 thousand for the three months ended March 31, 2026, from $2,324 thousand in the prior year period, driven by higher volumes and increased shipments to third-party distributors.</li><li>Operational Metrics: The operating loss improved to - $971 thousand in Q1 2026 from - $1,313 thousand in Q1 2025. Cost of goods sold increased by 54.4% to $2,333 thousand, in line with increased revenue. Selling, administrative and engineering expense increased by 10.3% to $2,346 thousand, mainly due to higher research and development expenses.</li><li>Unit Sales: Total Electric Balance Bike and Electric Bike Unit Sales increased to 3,959 units from 1,970 units, with US sales at 3,717 units (from 1,945 units) and International sales at 242 units (from 25 units).</li><li>Retail Partners: The total number of STACYC Independent Retail Partners increased from 2,017 as of December 31, 2025, to 2,045 as of March 31, 2026.</li></ul><h4>Cash Flow</h4><ul><li>Operating Activities: Net cash used by operating activities decreased to - $12,994 thousand for the three months ended March 31, 2026, from - $17,490 thousand in the prior year, primarily due to favorable changes in inventories and accounts payable/accrued liabilities.</li><li>Investing Activities: Net cash used by investing activities increased to - $688 thousand in Q1 2026 from - $613 thousand in Q1 2025, driven by higher capital expenditures.</li><li>Financing Activities: Net cash used by financing activities increased to - $1,607 thousand in Q1 2026 from - $250 thousand in Q1 2025, mainly due to an - $800 thousand payment on the Term Loan and increased common stock repurchases to satisfy withholding taxes.</li></ul><h4>Future Outlook and Strategy</h4>For 2026, LiveWire Group, Inc. plans to launch two new 125 cc-equivalent mini-motos (S4 HonchoTM products) to expand market access and affordability. The company will also focus on network expansion, cost savings, and product innovation to develop profitable products. Additionally, LiveWire Group, Inc. aims for continued growth within its STACYC segment.

Livewire | 10-Q: FY2026 Q1 Revenue: USD 5.115 M