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FOR IMMEDIATE RELEASE Harley - Davidson delivers solid third quarter financial results MILWAUKEE ( October 27 , 2021 ) - Harley - Davidson , Inc. ( " Harley - Davidson " ) ( NYSE : HOG ) today reported third quarter results . " Harley - Davidson delivered a solid third quarter and we have seen many of our Hardwire strategic initiatives perform well , providing encouraging initial proof points of our five - year strategy , " said Jochen Zeitz , Chairman , President and CEO , Harley - Davidson . " Our teams continue to work to mitigate the impact of the ongoing supply chain challenges that our sector faces , however our performance underlines that we are on course to deliver our long - term Hardwire strategy . " Third Quarter 2021 Highlights and Results • • • GAAP diluted EPS of $ 1.05 , up $ 0.27 over Q3 2020 Total HDI revenue grew 17 percent behind increased shipments and favorable motorcycle unit mix Motorcycles and Related Products ( Motorcycles ) segment operating margin was 8.4 percent , which was 3.6 percentage points better than Q3 2020 ; driven by unit mix , pricing and reduced restructuring expense offsetting the cost increases across the supply chain and the impact of EU tariffs Financial Services segment operating income growth of $ 15 million over Q3 2020 driven by lower interest expense Launched Sportster® S , the all - new Sportster motorcycle built on the Revolution®Ⓡ Max platform Third Quarter 2021 Results Harley - Davidson , Inc. Consolidated Financial Results nm - not meaningful $ in millions ( except EPS ) 2021 3rd quarter 2020 9 months Change 2021 2020 Change Revenue $ 1,365 Net Income $ 163 $ 1,166 $ 120 17 % $ 4,320 36 % $ 628 $ 3,329 $ 98 30 % nm GAAP Diluted EPS $ 1.05 $ 0.78 35 % $ 4.06 $ 0.64 nm Adjusted Diluted EPS $ 1.18 $ 1.05 12 % $ 4.29 $ 1.19 nm Q3 consolidated revenue was up 17 percent versus Q3 2020 driven by growth in the Motorcycles segment thanks to stronger unit sales and a favorable unit mix . Total net income growth of 36 percent was driven by growth across both the Motorcycles and the Financial Services segments .