LiveWire Group Inc. reported a consolidated net loss of $19.4 million for the third quarter of 2025, compared to a net loss of $22.7 million in the same period of the previous year. Consolidated revenue increased by 28% year-over-year, driven by higher unit sales in both the Electric Motorcycles and STACYC segments, partially offset by incentives in the Electric Motorcycles segment. The company reduced its consolidated operating loss by $7.7 million and cut selling, administrative, and engineering expenses by $9.1 million compared to the prior year period. Year-to-date net cash used decreased by $31.4 million, or 39%, versus the same period in 2024. LiveWire maintained its leading market share in U.S. electric motorcycle retail sales in the 50+ horsepower on-road EV segment and announced that production of the S4 Honcho Trail and S4 Honcho Street is targeted to start in spring 2026. The company updated its full-year 2025 operating loss guidance to $72-77 million.