For the quarter ending 2025-09-30, HOG had $70,220K increase in cash & cash equivalents over the period. -$129,119K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 375,167 | - |
| Depreciation and amortization | 44,210 | - |
| Amortization of deferred loan origination costs | -11,382 | - |
| Amortization of financing origination fees | 3,143 | - |
| Income related to long-term employee benefits | -13,761 | - |
| Employee benefit plan contributions and payments | 1,835 | - |
| Stock compensation expense | 8,431 | - |
| Net change in wholesale finance receivables related to sales | 37,832 | - |
| Provision for credit losses | -301,499 | - |
| Origination of finance receivables held for sale | 414,009 | - |
| Collections from finance receivables held for sale | 16,916 | - |
| Gain on sale of securitization beneficial interests | 26,958 | - |
| Deferred income taxes | 78,266 | - |
| Other, net | -17,768 | - |
| Accounts receivable, net | -20,436 | - |
| Finance receivables accrued interest and other | -6,280 | - |
| Inventories, net | -119,291 | - |
| Accounts payable and accrued liabilities | -61,059 | - |
| Other current assets | -63,074 | - |
| Total adjustments | -467,756 | - |
| Net cash provided by operating activities (note 6) | -92,589 | 509,492 |
| Capital expenditures | 36,530 | 65,560 |
| Origination of finance receivables held for investment | 521,418 | 1,765,951 |
| Collections from finance receivables held for investment | 718,440 | 1,740,966 |
| Proceeds from sale of securitization beneficial interests, net | 125,369 | - |
| Collection of retained securitization beneficial interests | 9,353 | - |
| Other investing activities | -117 | -691 |
| Net cash used by investing activities | 295,331 | -89,854 |
| Proceeds from issuance of medium-term notes | 0 | 647,088 |
| Repayments of medium-term notes | 0 | 700,000 |
| Proceeds from term loan | 448,013 | - |
| Repayments of senior unsecured notes | 450,000 | - |
| Proceeds from securitization debt | 0 | 497,790 |
| Repayments of securitization debt | 133,881 | 584,153 |
| Borrowings of asset-backed commercial paper | 0 | 155,000 |
| Repayments of asset-backed commercial paper | 72,175 | 145,379 |
| Net increase (decrease) in unsecured commercial paper | 180,840 | -135,902 |
| Net increase in deposits | 16,385 | -13,073 |
| Dividends paid | 21,532 | 44,756 |
| Repurchase of common stock | 100,069 | 93,140 |
| Other financing activities | 1,263 | 6 |
| Net cash (used) provided by financing activities | -131,156 | -416,519 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | -1,366 | 12,375 |
| Net increase in cash, cash equivalents and restricted cash | 70,220 | 15,494 |
| Cash and cash equivalents at beginning of period | 1,740,854 | - |
| Cash and cash equivalents at end of period | 1,826,568 | - |
HARLEY-DAVIDSON, INC. (HOG)
HARLEY-DAVIDSON, INC. (HOG)