Earnings ·
LiveWire reports Q3 revenue of $7.9M, raises going concern doubt and withdraws full-year guidance
LVWR-WTLiveWire Group, Inc.
LiveWire Group reported third-quarter consolidated revenue of $7.9 million, a 38% increase from the prior year, driven by higher unit sales in its Electric Motorcycle and STACYC segments. The company posted a net loss of $18.6 million and an adjusted EBITDA loss of $14.7 million. Management stated that recurring operating losses and negative cash flows raise substantial doubt about the company's ability to continue as a going concern within one year. Consequently, LiveWire withdrew its previously issued full-year 2026 operating loss guidance of $70–$80 million. The board formed a special restructuring committee to evaluate strategic alternatives, including financing or sales, and appointed Roy Gallagher as Chief Restructuring Officer. LiveWire Group manufactures electric motorcycles and balance bikes.