LiveWire Group, Inc. reported its financial results for the first quarter of 2025, showing a consolidated operating loss of $20.7 million, an improvement from the $30.4 million loss recorded in the same period of 2024, marking a 32% reduction. The company's net loss for the quarter was $19.3 million, down from $23.6 million in the previous year, an 18% decrease. The reduction in losses was driven by a decrease in selling, administrative, and engineering expenses, which were cut by $7.8 million due to cost-streamlining initiatives implemented in the latter half of 2024. Additionally, net cash used during the quarter decreased by $8.7 million, also reflecting a 32% reduction compared to the first quarter of 2024. The company expanded its market presence by entering four new countries: Poland, Portugal, Finland, and Belgium. LiveWire also introduced the LiveWire S2 Alpinista globally and launched its first pedal-assist STACYC product for teens and adults.
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