Ferrari N.V. (RACE)RACEFerrari N.V.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	8.53B	2.21B	2.14B	2.12B	2.07B	2.11B	1.94B	1.80B	1.83B
Cost of Goods Sold	4.13B	1.05B	1.03B	1.02B	1.04B	997.86M	927.35M	894.89M	920.91M
Gross Profit	4.40B	1.16B	1.11B	1.10B	1.04B	1.11B	1.01B	902.25M	910.10M
Gross Profit Margin	51.6%	52.6%	51.8%	51.9%	50.1%	52.6%	52.1%	50.2%	49.7%
Total Operating Expenses	1.88B	462.54M	468.78M	500.30M	448.81M	453.75M	412.97M	419.37M	386.83M
Research & Development	1.07B	248.06M	283.26M	280.62M	260.69M	265.19M	251.76M	254.84M	236.60M
Selling, General & Administrative	791.48M	214.49M	185.52M	203.34M	188.13M	188.55M	161.21M	165.01M	150.24M
Operating Income (EBIT)	2.52B	699.73M	637.93M	597.47M	588.41M	655.35M	596.32M	482.54M	523.26M
Operating Margin	29.6%	31.7%	29.9%	28.2%	28.4%	31.1%	30.8%	26.9%	28.6%
Income Before Tax (EBT)	2.47B	685.44M	620.21M	588.46M	574.22M	642.38M	571.31M	488.75M	518.57M
Interest Income	17.55M	2.12M	4.80M	5.05M	5.58M	5.99M	6.79M	7.74M	9.48M
Interest Expense	42.17M	11.74M	11.72M	6.35M	12.36M	14.50M	13.98M	13.94M	14.36M
Other Income/Expense	-55.21M	-14.29M	-17.72M	-9.01M	-14.19M	-12.97M	-25.01M	6.21M	-4.69M
Net Income	1.90B	527.17M	476.99M	445.98M	447.43M	500.07M	445.18M	398.37M	416.62M
Income Tax Expense	567.98M	157.65M	142.65M	141.35M	126.33M	141.32M	125.69M	89.05M	101.12M
Net Profit Margin	22.2%	23.9%	22.3%	21.1%	21.6%	23.7%	23.0%	22.2%	22.8%
EBITDA	3.20B	871.47M	838.66M	817.02M	676.15M	839.94M	759.62M	663.09M	713.96M
EBITDA Margin	37.5%	39.4%	39.3%	38.6%	32.6%	39.9%	39.2%	36.9%	39.0%
Depreciation & Amortization	679.77M	171.74M	200.73M	219.56M	87.75M	184.59M	163.30M	180.55M	190.70M
EPS Basic	10.74	2.99	2.72	2.53	2.51	2.81	2.49	2.22	2.32
EPS Diluted	10.71	2.98	2.70	2.51	2.51	2.81	2.49	2.21	2.32
Shares Outstanding	176.23M	176.23M	176.98M	178.57M	178.19M	178.22M	178.65M	179.19M	179.59M
Diluted Shares Outstanding	176.43M	176.43M	177.32M	178.32M	178.35M	178.43M	178.89M	179.44M	179.84M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	8.39B	6.91B	6.59B	5.45B	4.86B	4.23B	4.23B	3.91B
Cost of Goods Sold	4.06B	3.45B	3.31B	2.83B	2.37B	2.06B	2.03B	1.86B
Gross Profit	4.34B	3.47B	3.28B	2.62B	2.49B	2.17B	2.20B	2.06B
Gross Profit Margin	51.7%	50.1%	49.8%	48.0%	51.3%	51.3%	52.1%	52.6%
Total Operating Expenses	1.87B	1.51B	1.48B	1.29B	1.27B	1.27B	1.17B	1.11B
Research & Development	1.08B	925.82M	973.02M	829.82M	874.37M	864.12M	784.68M	735.94M
Selling, General & Administrative	754.66M	581.06M	510.57M	457.91M	396.17M	410.60M	385.13M	374.64M
Operating Income (EBIT)	2.46B	1.96B	1.80B	1.33B	1.22B	891.69M	1.03B	946.53M
Operating Margin	29.3%	28.3%	27.3%	24.4%	25.2%	21.1%	24.4%	24.2%
Income Before Tax (EBT)	2.42B	1.96B	1.77B	1.26B	1.19B	814.83M	982.36M	918.95M
Interest Income	23.98M	32.60M	28.49M	4.90M	5.85M	1.38M	6.52M	2.43M
Interest Expense	48.36M	48.47M	39.87M	57.99M	43.71M	61.35M	53.74M	29.40M
Other Income/Expense	-39.36M	-3.10M	-30.66M	-69.53M	-36.34M	-76.86M	-48.87M	-27.57M
Net Income	1.88B	1.58B	1.38B	997.84M	945.70M	742.49M	780.87M	898.05M
Income Tax Expense	545.15M	375.93M	380.68M	255.15M	238.02M	71.04M	198.25M	18.67M
Net Profit Margin	22.3%	22.8%	21.0%	18.3%	19.5%	17.6%	18.5%	22.9%
EBITDA	3.24B	2.65B	2.53B	1.91B	1.74B	1.41B	1.43B	1.28B
EBITDA Margin	38.6%	38.3%	38.4%	35.1%	35.8%	33.4%	33.7%	32.6%
Depreciation & Amortization	777.50M	690.44M	731.02M	584.43M	519.08M	521.17M	394.96M	330.47M
EPS Basic	10.54	8.77	7.63	5.46	5.12	4.02	4.19	4.76
EPS Diluted	10.52	8.76	7.62	5.45	5.12	4.01	4.16	4.74
Shares Outstanding	178.57M	179.74M	181.22M	182.84M	184.45M	184.81M	186.77M	188.61M
Diluted Shares Outstanding	178.32M	179.99M	181.51M	183.07M	184.72M	185.38M	187.53M	189.39M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Ferrari N.V.

Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles. Its extensive vehicle lineup features diverse models, including traditional sports cars, Grand Tourers (GTs), specialized series editions, ultra-exclusive limited-edition hypercars, bespoke one-off vehicles, track-specific designs, and its distinctive Icona series. Beyond car manufacturing, the company also supplies motorsport vehicles, essential components like spare parts and engines, and delivers comprehensive after-sales services such as vehicle repair, maintenance, and restoration. Expanding its brand influence, Ferrari N.V. strategically licenses its iconic marque to various producers and retailers of upscale lifestyle merchandise. This also extends to prominent leisure destinations, including the Ferrari World theme park in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. The company further diversifies its operations by offering direct and indirect financing and leasing solutions to both individual customers and dealership partners. Additionally, Ferrari N.V. oversees the management of racetracks, curates and maintains two dedicated museums in Maranello and Modena, Italy, and markets its own collection of branded apparel and accessories through specialized monobrand boutiques. As of December 31, 2021, Ferrari's global retail presence comprised 30 branded stores, with 14 operating as franchised outlets and 16 as company-owned locations. Its products are also distributed globally through a network of 172 authorized dealers, collectively operating 191 sales points, and are available for purchase directly via its official e-commerce platform, store.ferrari.com. Established in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.

Maranello, MO

5,740 employees

www.ferrari.com

Consumer Cyclical / Auto - Manufacturers

Sector: Consumer Cyclical
Industry: Auto - Manufacturers
CEO: Benedetto Vigna

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