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Reportable Segments
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Reportable Segments Reportable Segments
The Company operates in three business segments: HDMC, LiveWire and HDFS. The Company's reportable segments are strategic business units that offer different products and services and are managed separately based on the fundamental differences in their operations.
Selected segment information is set forth below (in thousands):
 Three months endedSix months ended
June 30,
2024
June 30,
2023
June 30,
2024
June 30,
2023
HDMC:
Revenue$1,348,906 $1,198,136 $2,825,012 $2,755,965 
Gross profit433,126 417,474 894,196 974,500 
Selling, administrative and engineering expense235,221 223,137 457,845 444,427 
Operating income197,905 194,337 436,351 530,073 
LiveWire:
Revenue6,448 7,026 11,152 14,788 
Gross loss
(1,784)(2,940)(5,725)(1,676)
Selling, administrative and engineering expense26,382 29,044 51,682 54,855 
Operating loss(28,166)(31,984)(57,407)(56,531)
HDFS:
Financial services revenue263,539 240,361 512,336 463,456 
Financial services expense192,176 181,376 387,098 346,051 
Operating income71,363 58,985 125,238 117,405 
Operating income$241,102 $221,338 $504,182 $590,947 
Total assets for the HDMC, LiveWire and HDFS segments were $3.6 billion, $0.2 billion and $8.9 billion, respectively, as of June 30, 2024, $3.6 billion, $0.3 billion and $8.2 billion, respectively, as of December 31, 2023, and $3.4 billion, $0.3 billion and $8.3 billion, respectively, as of June 30, 2023.