LiveWire Group (LVWR) Operating Income by Segment

Shows profit or loss at the operating level for each business line, indicating which segments are already profitable and which are burning cash. Helps investors assess unit economics, the path to overall profitability, and whether growth is being achieved efficiently or at the cost of heavy subsidies and high operating expenses.

LiveWire’s operating loss has been steadily shrinking since 2023, reflecting strong revenue momentum and early operational fixes, but management still guides a $70–$80M LiveWire loss for 2026 — so improvement is real but not yet cash‑positive. STACYC’s results are small and erratic, implying seasonality or scaling/volume inconsistency rather than a material profit driver. Key catalysts to watch: Sprint/Sportster rollouts, execution of $150M+ run‑rate cost saves and whether quarterly LiveWire losses continue to compress toward the 2027 profitability targets.