Ferrari N.V. (RACE) balance sheet
NYSE · Consumer Cyclical · Auto - Manufacturers · 5,743 employees · CEO Benedetto Vigna
- Price
- $395.99 -0.95%
- Market cap
- $69.4B
- Enterprise value
- €63.9B
- Last report
- Q2 '26 filed 2026-07-30
- Next report
- 2026-11-03
At the end of Q2 '26 Ferrari N.V. (RACE) held €1.51B in cash and short-term investments against €3.16B of debt incl. leases. Total assets €10.2B, total liabilities €6.54B, shareholders' equity €3.65B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | €1.07B | €1.12B | €1.37B | €1.33B | €1.53B | €1.74B | €1.91B | €1.52B | €1.42B | €1.47B | €1.86B | €1.48B | |
| Short-term investments | €103M | €5.57M | €10.7M | €8.54M | €8.35M | €5.66M | €8.21M | €7.9M | €14.1M | €4.42M | €34.8M | €23M | |
| Receivables | €1.91B | €1.79B | €1.88B | €1.92B | €1.84B | €2.08B | €2.03B | €1.95B | €1.94B | €2.01B | €2.1B | €2.28B | |
| Inventory | €949M | €949M | €993M | €1.08B | €1.03B | €1.09B | €1.09B | €1.13B | €1.08B | €1.11B | €1.16B | €1.24B | |
| Other current assets | €145M | €66.4M | €253M | €245M | €211M | €36.3M | €248M | €348M | €289M | €233M | €205M | €188M | |
| Current assets | €4.18B | €3.99B | €4.5B | €4.59B | €4.62B | €5.02B | €5.29B | €4.95B | €4.73B | €4.82B | €5.37B | €5.21B | |
| Property, plant & equipment (net) | €1.58B | €1.58B | €1.63B | €1.71B | €1.77B | €1.83B | €1.92B | €1.96B | €2.01B | €2.06B | €2.13B | €2.14B | |
| Long-term investments | €69.4M | €67.7M | €69.2M | €72.3M | €75.3M | €80.8M | €84.2M | €89.3M | €92.2M | €96.4M | €99.3M | €104M | |
| Goodwill | €830M | €785M | €785M | €785M | €785M | €785M | €785M | €785M | €785M | €785M | €788M | €784M | |
| Intangible assets | €1.46B | €1.42B | €1.44B | €1.48B | €1.51B | €1.55B | €1.58B | €1.61B | €1.64B | €1.64B | €1.67B | €1.7B | |
| Deferred tax assets | €227M | €218M | €222M | €253M | €234M | €237M | €247M | €244M | €221M | €226M | €227M | €255M | |
| Non-current assets | €4.16B | €4.07B | €4.15B | €4.3B | €4.37B | €4.48B | €4.62B | €4.7B | €4.75B | €4.8B | €4.91B | €4.99B | |
| Total assets | €8.34B | €8.05B | €8.65B | €8.89B | €8.99B | €9.5B | €9.91B | €9.65B | €9.48B | €9.63B | €10.3B | €10.2B | |
| Liabilities | |||||||||||||
| Accounts payable | €859M | €931M | €902M | €940M | €859M | €946M | €906M | €931M | €865M | €841M | €947M | €990M | |
| Accrued expenses | €61.5M | €100M | €85.4M | €86.3M | €89.3M | €100M | €68.7M | €75M | €74.6M | €78.9M | €53.5M | €63.2M | |
| Short-term debt | €0 | €0 | €789M | €1.18B | €1.22B | €0 | €0 | €1.18B | €896M | €931M | €1.01B | €941M | |
| Taxes payable | €182M | €89.3M | €176M | €116M | €152M | €37.9M | €134M | €41.7M | €102M | €0 | €0 | €0 | |
| Deferred revenue | €0 | €296M | €440M | €445M | €409M | €336M | €602M | €601M | €513M | €425M | €0 | €0 | |
| Other current liabilities | €127M | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €133M | €122M | |
| Current liabilities | €1.24B | €1.49B | €2.5B | €2.87B | €2.84B | €1.49B | €1.79B | €2.95B | €2.57B | €2.39B | €2.23B | €2.2B | |
| Long-term debt | €2.6B | €2.4B | €1.72B | €1.83B | €1.74B | €3.23B | €3.16B | €1.81B | €1.81B | €1.79B | €1.8B | €2.1B | |
| Lease obligations (non-current) | €85.9M | €73M | €97M | €103M | €106M | €126M | €178M | €136M | €136M | €131M | €131M | €125M | |
| Deferred revenue (non-current) | €416M | €296M | €440M | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €668M | €700M | |
| Deferred tax liabilities | €114M | €137M | €127M | €128M | €129M | €110M | €154M | €226M | €241M | €254M | €251M | €282M | |
| Other non-current liabilities | €883M | €584M | €491M | €859M | €827M | €1B | €1.06B | €990M | €950M | €1.15B | €1.13B | €1.14B | |
| Non-current liabilities | €4.1B | €3.49B | €2.87B | €2.92B | €2.8B | €4.46B | €4.55B | €3.16B | €3.13B | €3.32B | €3.98B | €4.34B | |
| Total liabilities | €5.34B | €4.98B | €5.37B | €5.78B | €5.64B | €5.95B | €6.34B | €6.1B | €5.7B | €5.71B | €6.21B | €6.54B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | €2.72M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | €2.58M | €2.57M | |
| Retained earnings | €2.93B | €2.99B | €3.21B | €3.05B | €3.28B | €3.52B | €3.51B | €3.41B | €3.67B | -€5.06B | €4.03B | €3.64B | |
| Accumulated other comprehensive income | €63.3M | €64.9M | €57.6M | €51.7M | €55.6M | €13.1M | €54.8M | €124M | €102M | €3.19B | €28.4M | €13.1M | |
| Shareholders' equity | €3B | €3.06B | €3.27B | €3.1B | €3.34B | €3.53B | €3.57B | €3.54B | €3.77B | €3.91B | €4.06B | €3.65B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | €2.69B | €2.48B | €2.62B | €3.13B | €3.1B | €3.35B | €3.33B | €3.16B | €2.87B | €2.88B | €2.94B | €3.16B | |
| Net debt (debt - cash) | €1.62B | €1.36B | €1.26B | €1.8B | €1.57B | €1.61B | €1.42B | €1.64B | €1.45B | €1.42B | €1.08B | €1.68B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | €458M | €648M | €794M | €1.01B | €1.67B | €1.34B | €1.39B | €1.12B | €1.74B | €1.47B | |
| Short-term investments | €5.89M | €4M | €3.39M | €10.6M | €47.3M | €1.94M | €7.07M | €5.57M | €5.66M | €4.42M | |
| Receivables | €252M | €243M | €218M | €589M | €418M | €1.4B | €1.73B | €1.79B | €2.08B | €2.01B | |
| Inventory | €324M | €394M | €391M | €472M | €564M | €541M | €675M | €949M | €1.09B | €1.11B | |
| Other current assets | €10.4M | €11.7M | €14.9M | €71.3M | €78.9M | €36.4M | €111M | €66.4M | €36.3M | €233M | |
| Current assets | €1.89B | €2.08B | €2.48B | €2.19B | €2.82B | €3.36B | €3.95B | €3.99B | €5.02B | €4.82B | |
| Property, plant & equipment (net) | €669M | €710M | €851M | €1.2B | €1.5B | €1.35B | €1.46B | €1.58B | €1.83B | €2.06B | |
| Long-term investments | €22M | €30M | €32.1M | €878M | €1.06B | €54.5M | €59.5M | €67.7M | €80.8M | €96.4M | |
| Goodwill | €785M | €785M | €785M | €881M | €961M | €785M | €785M | €785M | €785M | €785M | |
| Intangible assets | €354M | €440M | €646M | €941M | €1.2B | €1.14B | €1.31B | €1.42B | €1.55B | €1.64B | |
| Deferred tax assets | €119M | €94.1M | €60.7M | €18.5M | €116M | €169M | €203M | €218M | €237M | €226M | |
| Other non-current assets | €12M | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | |
| Non-current assets | €1.96B | €2.06B | €2.37B | €3.92B | €4.84B | €3.5B | €3.81B | €4.07B | €4.48B | €4.8B | |
| Total assets | €3.85B | €4.14B | €4.85B | €6.11B | €7.66B | €6.86B | €7.77B | €8.05B | €9.5B | €9.63B | |
| Liabilities | |||||||||||
| Accounts payable | €615M | €608M | €654M | €799M | €873M | €798M | €903M | €931M | €946M | €841M | |
| Accrued expenses | €36.8M | €38.5M | €25.4M | €31.7M | €40.5M | €80.8M | €98.5M | €100M | €100M | €78.9M | |
| Short-term debt | €400M | €0 | €0 | €473M | €1.09B | €0 | €0 | €0 | €0 | €931M | |
| Taxes payable | €41.6M | €29.2M | €7.64M | €7.11M | €33.2M | €113M | €58.6M | €89.3M | €37.9M | €0 | |
| Deferred revenue | -€400M | -€306M | -€352M | €0 | €0 | €256M | €270M | €296M | €336M | €425M | |
| Other current liabilities | -€28.4M | €131M | €327M | €119M | €103M | €0 | €0 | €0 | €0 | €0 | |
| Current liabilities | €718M | €714M | €743M | €1.43B | €2.15B | €1.33B | €1.41B | €1.49B | €1.49B | €2.39B | |
| Long-term debt | €1.45B | €1.5B | €1.57B | €1.83B | €2.19B | €2.57B | €2.75B | €2.4B | €3.23B | €1.79B | |
| Lease obligations (non-current) | -€126M | €125M | €673K | €45.2M | €56.2M | €56.2M | €57.4M | €73M | €126M | €131M | |
| Deferred revenue (non-current) | €273M | €274M | €272M | €309M | €331M | €256M | €270M | €296M | €0 | €0 | |
| Deferred tax liabilities | €13.1M | €11M | €39.1M | €92.3M | €118M | €96M | €127M | €137M | €110M | €254M | |
| Other non-current liabilities | €608M | €492M | €327M | €739M | €632M | €344M | €542M | €584M | €1B | €1.15B | |
| Non-current liabilities | €2.8B | €2.64B | €2.76B | €3.01B | €3.33B | €3.33B | €3.75B | €3.49B | €4.46B | €3.32B | |
| Total liabilities | €3.52B | €3.36B | €3.5B | €4.44B | €5.47B | €4.65B | €5.16B | €4.98B | €5.95B | €5.71B | |
| Equity | |||||||||||
| Common stock & paid-in capital | €2.5M | €2.5M | €2.5M | €2.89M | €3.15M | €2.57M | €2.57M | €2.57M | €2.57M | €2.57M | |
| Retained earnings | €302M | €746M | €1.32B | -€5.39B | -€5.68B | €2.19B | €2.5B | €2.99B | €3.52B | -€5.06B | |
| Accumulated other comprehensive income | €20.2M | €29.8M | €26.7M | €576M | €807M | €10.9M | €90.5M | €64.9M | €13.1M | €3.19B | |
| Shareholders' equity | €325M | €779M | €1.35B | €1.66B | €2.18B | €2.21B | €2.59B | €3.06B | €3.53B | €3.91B | |
| Debt | |||||||||||
| Total debt (incl. leases) | €1.85B | €1.81B | €1.93B | €2.35B | €3.33B | €2.63B | €2.81B | €2.48B | €3.35B | €2.88B | |
| Net debt (debt - cash) | €1.39B | €1.16B | €1.13B | €1.34B | €1.67B | €1.29B | €1.42B | €1.36B | €1.61B | €1.42B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in EUR.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01 · Amounts in EUR as reported; price and market cap in USD.