LiveWire Group, Inc.

LVWRNYSEConsumer Cyclical● Active

$1.20

$-0.10(-7.69%)

Market Cap$245714196

P/E Ratio—

52W High$9.039

52W Low$1.19

Avg Volume211K

Open$1.33

Beta1.68

Free Cash Flow Financials Revenue

LiveWire Group, Inc. (LVWR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LVWR · free cash flow · updated Jun 8, 2026

Core FCF metrics

LVWR · FCF · TTM · margin & CAGR

Free cash flow was −$57.4M for FY2025 (fiscal year ending 2025-12-31), up 43.7% year-over-year The FCF margin was -223.4%.

FY2025 Free Cash Flow−$57.4M▲ +43.7% YoY

Trailing 12M (TTM)−$52.9Mtrailing 4 quarters sum

FCF Margin-223.4%−$57.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LVWR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$53.5M(4M)−$57.4M▲ +43.7%-223.4%

FY2024−$93.9M(8M)−$101.9M▼ 5.2%-382.7%

FY2023−$83.5M(13M)−$96.9M▲ +6.6%-254.9%

FY2022−$89.7M(14M)−$103.8M▼ 22.8%-221.6%

FY2021−$74.5M(10M)−$84.5M▼ 48.3%-236.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LVWR · P/FCF · FCF yield · FCF per share

LiveWire Group, Inc. (LVWR) reported negative free cash flow of −$0.06B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LVWR · cash flow statement · operating / investing / financing

For FY2025, LiveWire Group, Inc. generated −$53.5M in operating cash flow and spent 4M in capital expenditures, yielding −$57.4M in free cash flow.

Operating Activities

−$53.5M

Cash from core business operations

2025-12-31

Investing Activities

−$3.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$75.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$53.5M) − |CapEx| (4M) = FCF (−$57.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

LVWR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

LiveWire Group, Inc.YOU

LVWR

−$57.4M+43.7%-223.4%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

LiveWire Group, Inc. (LVWR) reported free cash flow of −$57.4M for FY2025 (fiscal year ending 2025-12-31), up 43.7% year-over-year. The FCF margin was -223.4%.

LiveWire Group, Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 7 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LVWR free cash flow · 8 questions

LiveWire Group, Inc. free cash flow was −$57.4M for FY2025, up 43.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$52.9M.

LVWR free cash flowLVWR FCFLVWR FCF 2025LVWR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · LiveWire Group, Inc. · LiveWire Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026