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Reportable Segments
9 Months Ended
Sep. 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 endedNine months ended
September 30,
2024
September 30,
2023
September 30,
2024
September 30,
2023
HDMC:
Revenue$876,405 $1,296,981 $3,701,417 $4,052,946 
Gross profit263,813 410,690 1,158,010 1,385,190 
Selling, administrative and engineering expense208,676 235,437 666,522 679,864 
Operating income55,137 175,253 491,488 705,326 
LiveWire:
Revenue4,808 8,144 15,958 22,932 
Gross (loss) profit
(1,180)1,092 (6,907)(584)
Selling, administrative and engineering expense24,905 26,435 76,587 81,290 
Operating loss(26,085)(25,343)(83,494)(81,874)
HDFS:
Financial services revenue269,482 243,934 781,818 707,390 
Financial services expense192,738 184,559 579,836 530,610 
Operating income76,744 59,375 201,982 176,780 
Operating income$105,796 $209,285 $609,976 $800,232 
Total assets for the HDMC, LiveWire and HDFS segments were $3.7 billion, $0.2 billion and $9.2 billion, respectively, as of September 30, 2024, $3.6 billion, $0.3 billion and $8.2 billion, respectively, as of December 31, 2023, and $3.5 billion, $0.3 billion and $8.6 billion, respectively, as of September 30, 2023.