vs

Side-by-side financial comparison of HARLEY-DAVIDSON, INC. (HOG) and Phoenix Education Partners, Inc. (PXED). Click either name above to swap in a different company.

HARLEY-DAVIDSON, INC. is the larger business by last-quarter revenue ($390.5M vs $222.5M, roughly 1.8× Phoenix Education Partners, Inc.). Phoenix Education Partners, Inc. runs the higher net margin — 4.8% vs -72.3%, a 77.2% gap on every dollar of revenue. HARLEY-DAVIDSON, INC. produced more free cash flow last quarter ($100.4M vs $43.5M).

Harley-Davidson, Inc. is an American motorcycle manufacturer and lifestyle brand headquartered in Milwaukee, Wisconsin. Founded in 1903, it is one of two major American motorcycle manufacturers to survive the Great Depression along with its historical rival, Indian Motorcycle Company. The company has survived numerous ownership arrangements, subsidiary arrangements, periods of poor economic health and product quality, and intense global competition to become an iconic brand widely known for i...

The University of Phoenix (UoPX) is a private for-profit university headquartered in Phoenix, Arizona. Founded in 1976, the university confers certificates and degrees at the certificate, associate, bachelor's, master's, and doctoral degree levels. It is institutionally accredited by the Higher Learning Commission and has an open enrollment admissions policy for many undergraduate programs. The school is owned by Phoenix Education Partners.

HOG vs PXED — Head-to-Head

Bigger by revenue
HOG
HOG
1.8× larger
HOG
$390.5M
$222.5M
PXED
Higher net margin
PXED
PXED
77.2% more per $
PXED
4.8%
-72.3%
HOG
More free cash flow
HOG
HOG
$56.9M more FCF
HOG
$100.4M
$43.5M
PXED

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HOG
HOG
PXED
PXED
Revenue
$390.5M
$222.5M
Net Profit
$-282.6M
$10.8M
Gross Margin
-7.9%
Operating Margin
-92.4%
6.3%
Net Margin
-72.3%
4.8%
Revenue YoY
-9.4%
Net Profit YoY
-138.6%
EPS (diluted)
$-2.27
$0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOG
HOG
PXED
PXED
Q1 26
$222.5M
Q4 25
$390.5M
$262.0M
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$1.1B
Q4 24
$430.9M
Q3 24
$881.2M
Q2 24
$1.4B
Net Profit
HOG
HOG
PXED
PXED
Q1 26
$10.8M
Q4 25
$-282.6M
$15.5M
Q3 25
$377.4M
Q2 25
$107.6M
Q1 25
$133.1M
Q4 24
$-118.4M
Q3 24
$119.0M
Q2 24
$218.3M
Gross Margin
HOG
HOG
PXED
PXED
Q1 26
Q4 25
-7.9%
Q3 25
26.0%
Q2 25
28.5%
Q1 25
28.9%
Q4 24
-2.0%
Q3 24
29.8%
Q2 24
31.8%
Operating Margin
HOG
HOG
PXED
PXED
Q1 26
6.3%
Q4 25
-92.4%
9.8%
Q3 25
44.0%
Q2 25
10.7%
Q1 25
14.8%
Q4 24
-44.9%
Q3 24
12.0%
Q2 24
17.8%
Net Margin
HOG
HOG
PXED
PXED
Q1 26
4.8%
Q4 25
-72.3%
5.9%
Q3 25
35.0%
Q2 25
10.2%
Q1 25
12.3%
Q4 24
-27.5%
Q3 24
13.5%
Q2 24
16.1%
EPS (diluted)
HOG
HOG
PXED
PXED
Q1 26
$0.28
Q4 25
$-2.27
$0.40
Q3 25
$3.10
Q2 25
$0.88
Q1 25
$1.07
Q4 24
$-0.82
Q3 24
$0.91
Q2 24
$1.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOG
HOG
PXED
PXED
Cash + ST InvestmentsLiquidity on hand
$3.1B
$201.4M
Total DebtLower is stronger
$2.5B
$58.8M
Stockholders' EquityBook value
$3.1B
$291.1M
Total Assets
$8.0B
$546.4M
Debt / EquityLower = less leverage
0.79×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOG
HOG
PXED
PXED
Q1 26
$201.4M
Q4 25
$3.1B
$163.5M
Q3 25
$1.8B
Q2 25
$1.6B
Q1 25
$1.9B
Q4 24
$1.6B
Q3 24
$2.2B
Q2 24
$1.8B
Total Debt
HOG
HOG
PXED
PXED
Q1 26
$58.8M
Q4 25
$2.5B
$61.6M
Q3 25
$4.5B
Q2 25
$6.4B
Q1 25
$6.8B
Q4 24
$6.3B
Q3 24
$7.3B
Q2 24
$7.0B
Stockholders' Equity
HOG
HOG
PXED
PXED
Q1 26
$291.1M
Q4 25
$3.1B
$280.4M
Q3 25
$3.6B
Q2 25
$3.3B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.4B
Q2 24
$3.4B
Total Assets
HOG
HOG
PXED
PXED
Q1 26
$546.4M
Q4 25
$8.0B
$549.6M
Q3 25
$10.6B
Q2 25
$12.1B
Q1 25
$12.4B
Q4 24
$11.9B
Q3 24
$13.0B
Q2 24
$12.8B
Debt / Equity
HOG
HOG
PXED
PXED
Q1 26
0.20×
Q4 25
0.79×
0.22×
Q3 25
1.25×
Q2 25
1.91×
Q1 25
2.14×
Q4 24
2.00×
Q3 24
2.13×
Q2 24
2.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOG
HOG
PXED
PXED
Operating Cash FlowLast quarter
$152.0M
$48.9M
Free Cash FlowOCF − Capex
$100.4M
$43.5M
FCF MarginFCF / Revenue
25.7%
19.6%
Capex IntensityCapex / Revenue
13.2%
2.4%
Cash ConversionOCF / Net Profit
4.53×
TTM Free Cash FlowTrailing 4 quarters
$415.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOG
HOG
PXED
PXED
Q1 26
$48.9M
Q4 25
$152.0M
$31.1M
Q3 25
$-92.6M
Q2 25
$368.0M
Q1 25
$141.5M
Q4 24
$133.2M
Q3 24
$353.0M
Q2 24
$473.6M
Free Cash Flow
HOG
HOG
PXED
PXED
Q1 26
$43.5M
Q4 25
$100.4M
$26.4M
Q3 25
$-129.1M
Q2 25
$332.4M
Q1 25
$111.6M
Q4 24
$77.0M
Q3 24
$300.4M
Q2 24
$432.2M
FCF Margin
HOG
HOG
PXED
PXED
Q1 26
19.6%
Q4 25
25.7%
10.1%
Q3 25
-12.0%
Q2 25
31.7%
Q1 25
10.3%
Q4 24
17.9%
Q3 24
34.1%
Q2 24
31.9%
Capex Intensity
HOG
HOG
PXED
PXED
Q1 26
2.4%
Q4 25
13.2%
1.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
2.8%
Q4 24
13.0%
Q3 24
6.0%
Q2 24
3.1%
Cash Conversion
HOG
HOG
PXED
PXED
Q1 26
4.53×
Q4 25
2.01×
Q3 25
-0.25×
Q2 25
3.42×
Q1 25
1.06×
Q4 24
Q3 24
2.97×
Q2 24
2.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HOG
HOG

Motorcycles$193.9M50%
Other$63.8M16%
Other Income Financial Services$59.8M15%
Apparel$47.2M12%
Livewire Segment$11.4M3%

PXED
PXED

Segment breakdown not available.

Related Comparisons