Electric motorcycle manufacturer LiveWire sold more electric motorcycles in the third quarter of 2026, but the Harley-Davidson-backed company’s financial results continue to cloud its future.
The company posted a consolidated revenue of $7.9 million last quarter, a 38% boost from the same period in 2025. Electric motorcycle sales also increased 31% to 241 units, while the segment’s operating loss narrowed from $18.4 million to $17 million.
The sales growth has not done much to ease LiveWire’s financial struggles. The company reported an $18.6 million quarterly net loss and burned $38.3 million in operating cash during the first nine months of 2026. As of September 30, the company had approximately $39.9 million in cash and cash equivalents, down from nearly $82.8 million at the end of 2025.
LiveWire warned that its financial condition raises “substantial doubt” about its ability to remain in business over the next 12 months and withdrew its previously issued guidance for a full-year operating loss of $70 million to $80 million.
The company is now exploring several options. It formed a special restructuring committee to evaluate potential financing, partnerships, a sale, recapitalization and other alternatives. It also recently expanded into the electric off-road business by acquiring electric dirt bike startup Dust Moto in May.
Meanwhile, Harley-Davidson raised its full-year guidance for the second time this year and reported $2.1 billion in cash and cash equivalents, compared to LiveWire’s $39.9 million.
The contrast raises questions about how long Harley-Davidson will support the LiveWire business and whether the brand can continue independently.
