Ferrari revenue and financials

RACE · NYSE · USD

Secondary listing. The primary listing is Ferrari · Borsa Italiana (EUR)

$386.50+0.81%+$3.10

Close · October 6, 2026

In the fiscal year ended December 2025, Ferrari reported revenue of €7.15B (+7.03% year over year). Net income was €1.6B, a net margin of 22.3%.

Annual revenue · 2025: €7.15B
  1. €3.11B2016
  2. €3.42B2017
  3. €3.42B2018
  4. €3.77B2019
  5. €3.46B2020
  6. €4.27B2021
  7. €5.1B2022
  8. €5.97B2023
  9. €6.68B2024
  10. €7.15B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+7.03%
2025 vs 2024
Net income growth
+4.93%
2025 vs 2024
Net margin
22.3%
2024: 22.8%

Financial data

Amounts in millions of EUR; per-share values in EUR; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,9381,8481,8011,7661,7881,7911,7361,6441,7121,5851,5231,544
Cost of revenue894869840859821833839804834764719779
Gross profit1,019958935884941933871817855803744765
Selling, general and administrative188161173160160149159135143124117119
Research and development218245239222225233246212204231253221
Operating income602545515499550540465464509441370422
EBIT602545515499550540465464509441370422
EBITDA671620604574619609550544582513457497
Interest expense7.710.05.610.512.212.87.212.711.38.82.510.2
Pre-tax income601537501489545528472466511440368425
Income tax13812312010812011686.890.897.488.173.393.5
Net income462413380381424412384374412351294330
Net income to common shareholders462413380381424412384374412351294330
Basic EPS2.622.332.142.142.382.302.142.082.291.951.631.82
Diluted EPS2.622.332.142.142.382.302.142.082.291.951.621.82
Average shares (basic)176177177178178179179180180180181181
Average shares (diluted)176177178178178179179180180181181181
Dividend per share——3.62———2.99———2.44—