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Side-by-side financial comparison of LiveWire Group, Inc. (LVWR) and MediWound Ltd. (MDWD). Click either name above to swap in a different company.

LiveWire Group, Inc. is the larger business by last-quarter revenue ($11.4M vs $5.7M, roughly 2.0× MediWound Ltd.). LiveWire Group, Inc. runs the higher net margin — -155.2% vs -233.3%, a 78.1% gap on every dollar of revenue. On growth, MediWound Ltd. posted the faster year-over-year revenue change (12.7% vs 5.5%).

LiveWire is an American electric motorcycle manufacturer. It was initially launched as a dedicated electric vehicle (EV) division for Harley Davidson in July 2021. The company was spun-off from its parent and went public on September 27, 2022, via merger with a special-purpose acquisition company (SPAC). It was the first publicly traded electric motorcycle company in the United States.

MediWound Ltd. is a biopharmaceutical company specializing in the research, development, production and commercialization of innovative products for burn care, chronic wound treatment and soft tissue repair. It operates mainly across North America, Europe and Asia, serving hospitals, healthcare providers and patients in the wound care segment.

LVWR vs MDWD — Head-to-Head

Bigger by revenue
LVWR
LVWR
2.0× larger
LVWR
$11.4M
$5.7M
MDWD
Growing faster (revenue YoY)
MDWD
MDWD
+7.2% gap
MDWD
12.7%
5.5%
LVWR
Higher net margin
LVWR
LVWR
78.1% more per $
LVWR
-155.2%
-233.3%
MDWD

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LVWR
LVWR
MDWD
MDWD
Revenue
$11.4M
$5.7M
Net Profit
$-17.6M
$-13.3M
Gross Margin
0.8%
23.5%
Operating Margin
-156.2%
-100.1%
Net Margin
-155.2%
-233.3%
Revenue YoY
5.5%
12.7%
Net Profit YoY
22.6%
-111.2%
EPS (diluted)
$-0.09
$-1.23

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
LVWR
LVWR
MDWD
MDWD
Q4 25
$11.4M
Q3 25
$5.7M
Q2 25
$5.9M
$5.7M
Q1 25
$2.7M
Q4 24
$10.8M
Q3 24
$4.4M
Q2 24
$6.4M
$5.1M
Q1 24
$5.0M
Net Profit
LVWR
LVWR
MDWD
MDWD
Q4 25
$-17.6M
Q3 25
$-19.4M
Q2 25
$-18.8M
$-13.3M
Q1 25
$-19.3M
Q4 24
$-22.8M
Q3 24
$-22.7M
Q2 24
$-24.8M
$-6.3M
Q1 24
$-23.6M
Gross Margin
LVWR
LVWR
MDWD
MDWD
Q4 25
0.8%
Q3 25
-50.9%
Q2 25
9.3%
23.5%
Q1 25
-79.0%
Q4 24
-49.8%
Q3 24
-34.2%
Q2 24
-27.6%
8.8%
Q1 24
-82.9%
Operating Margin
LVWR
LVWR
MDWD
MDWD
Q4 25
-156.2%
Q3 25
-330.0%
Q2 25
-311.0%
-100.1%
Q1 25
-753.4%
Q4 24
-234.6%
Q3 24
-596.7%
Q2 24
-436.7%
-88.6%
Q1 24
-611.1%
Net Margin
LVWR
LVWR
MDWD
MDWD
Q4 25
-155.2%
Q3 25
-340.2%
Q2 25
-320.6%
-233.3%
Q1 25
-702.6%
Q4 24
-211.7%
Q3 24
-510.6%
Q2 24
-384.6%
-124.5%
Q1 24
-475.0%
EPS (diluted)
LVWR
LVWR
MDWD
MDWD
Q4 25
$-0.09
Q3 25
$-0.10
Q2 25
$-0.09
$-1.23
Q1 25
$-0.09
Q4 24
$-0.11
Q3 24
$-0.11
Q2 24
$-0.12
$-0.68
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
LVWR
LVWR
MDWD
MDWD
Cash + ST InvestmentsLiquidity on hand
$82.8M
$1.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$46.0M
$20.1M
Total Assets
$146.4M
$67.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LVWR
LVWR
MDWD
MDWD
Q4 25
$82.8M
Q3 25
$16.3M
Q2 25
$29.3M
$1.1M
Q1 25
$46.2M
Q4 24
$64.4M
Q3 24
$88.4M
Q2 24
$113.0M
$3.8M
Q1 24
$141.0M
Stockholders' Equity
LVWR
LVWR
MDWD
MDWD
Q4 25
$46.0M
Q3 25
$61.8M
Q2 25
$79.7M
$20.1M
Q1 25
$97.2M
Q4 24
$115.1M
Q3 24
$137.7M
Q2 24
$159.0M
$17.9M
Q1 24
$183.8M
Total Assets
LVWR
LVWR
MDWD
MDWD
Q4 25
$146.4M
Q3 25
$89.2M
Q2 25
$109.8M
$67.0M
Q1 25
$128.3M
Q4 24
$148.0M
Q3 24
$178.3M
Q2 24
$204.9M
$57.3M
Q1 24
$237.1M

Cash Flow & Capital Efficiency

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

Metric
LVWR
LVWR
MDWD
MDWD
Operating Cash FlowLast quarter
$-7.9M
$-5.8M
Free Cash FlowOCF − Capex
$-8.9M
FCF MarginFCF / Revenue
-78.7%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-57.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LVWR
LVWR
MDWD
MDWD
Q4 25
$-7.9M
Q3 25
$-13.3M
Q2 25
$-14.9M
$-5.8M
Q1 25
$-17.5M
Q4 24
$-21.9M
Q3 24
$-23.1M
Q2 24
$-26.0M
$-3.6M
Q1 24
$-22.9M
Free Cash Flow
LVWR
LVWR
MDWD
MDWD
Q4 25
$-8.9M
Q3 25
$-14.0M
Q2 25
$-16.3M
Q1 25
$-18.1M
Q4 24
$-23.3M
Q3 24
$-24.7M
Q2 24
$-27.8M
Q1 24
$-26.2M
FCF Margin
LVWR
LVWR
MDWD
MDWD
Q4 25
-78.7%
Q3 25
-245.9%
Q2 25
-277.7%
Q1 25
-660.0%
Q4 24
-216.3%
Q3 24
-555.3%
Q2 24
-431.1%
Q1 24
-525.6%
Capex Intensity
LVWR
LVWR
MDWD
MDWD
Q4 25
9.1%
Q3 25
12.9%
Q2 25
24.3%
Q1 25
22.3%
Q4 24
13.1%
Q3 24
35.6%
Q2 24
28.5%
Q1 24
65.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

LVWR
LVWR

STACYC Segment$7.5M66%
Other$3.8M34%

MDWD
MDWD

Segment breakdown not available.

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