Ferrari N.V. (RACE) income statement
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
Ferrari N.V. (RACE) reported revenue of €1.93B for Q2 '26 (+8.2% year on year), operating income of €613M (31.7% of revenue) and net income of €462M. Over the last four quarters revenue was €7.35B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €1.54B | €1.52B | €1.58B | €1.71B | €1.64B | €1.74B | €1.79B | €1.79B | €1.77B | €1.8B | €1.85B | €1.93B | |
| Cost of revenue | €779M | €780M | €782M | €857M | €827M | €864M | €857M | €847M | €882M | €867M | €890M | €917M | |
| Gross profit | €765M | €743M | €803M | €855M | €817M | €871M | €933M | €941M | €884M | €935M | €958M | €1.02B | |
| Research & development | €221M | €253M | €231M | €204M | €212M | €246M | €233M | €225M | €222M | €239M | €245M | €217M | |
| Sales & marketing | €62.6M | €53.8M | €65.4M | €77.7M | €68.2M | €77.2M | €82.1M | €94.7M | €87.2M | €85.5M | €90.6M | €121M | |
| General & administrative | €56M | €63.2M | €58.6M | €65.1M | €66.7M | €82.2M | €67M | €65.3M | €73.1M | €87.7M | €69.9M | €67.1M | |
| Other operating expenses | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €13.9M | €0 | €0 | |
| Operating expenses | €340M | €370M | €355M | €347M | €347M | €405M | €382M | €385M | €383M | €426M | €406M | €405M | |
| Operating income | €426M | €373M | €448M | €508M | €470M | €466M | €551M | €556M | €501M | €509M | €552M | €613M | |
| Interest income | €25.5M | €27.4M | €6.96M | €8.54M | €8.52M | €7.48M | €6.28M | €5.08M | €4.76M | €4.3M | €4.15M | €1.86M | |
| Interest expense | €23.4M | €32.4M | €8.95M | €11.5M | €12.9M | €13.5M | €12.9M | €12.3M | €10.5M | €5.4M | €10.1M | €10.3M | |
| Other non-operating income (gains on investments, FX ...) | -€21.6M | -€24.4M | €174K | -€12M | -€6.49M | -€17.5M | €12.8M | €1.52M | €6.32M | €2.04M | €5.33M | €0 | |
| Total non-operating income | -€542K | -€6M | -€7.61M | €2.4M | -€4.22M | €6M | -€23.1M | -€11M | -€12.1M | -€7.67M | -€15.3M | -€12.5M | |
| Income before tax | €425M | €367M | €440M | €511M | €466M | €472M | €528M | €545M | €489M | €501M | €537M | €600M | |
| Income tax | €93.5M | €73M | €88.1M | €97.4M | €90.8M | €86M | €116M | €120M | €108M | €120M | €123M | €138M | |
| Net income | €330M | €294M | €351M | €412M | €374M | €385M | €412M | €424M | €381M | €380M | €413M | €462M | |
| EPS (basic) | €1.82 | €1.62 | €1.95 | €2.29 | €2.08 | €2.14 | €2.30 | €2.38 | €2.14 | €2.14 | €2.35 | €2.62 | |
| EPS (diluted) | €1.82 | €1.62 | €1.95 | €2.29 | €2.08 | €2.13 | €2.30 | €2.38 | €2.14 | €2.14 | €2.34 | €2.61 | |
| Shares (basic, weighted) | 181M | 181M | 180M | 180M | 180M | 179M | 179M | 178M | 178M | 178M | 177M | 176M | |
| Shares (diluted, weighted) | 181M | 181M | 181M | 180M | 180M | 179M | 179M | 178M | 178M | 178M | 177M | 176M | |
| Depreciation & amortization | €173M | €186M | €163M | €158M | €171M | €174M | €151M | €157M | €167M | €187M | €174M | €150M | |
| EBITDA | €620M | €583M | €611M | €679M | €648M | €658M | €690M | €711M | €663M | €694M | €721M | €763M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €3.11B | €3.42B | €3.42B | €3.77B | €3.46B | €4.27B | €5.1B | €5.97B | €6.68B | €7.15B | |
| Cost of revenue | €1.58B | €1.65B | €1.62B | €1.81B | €1.69B | €2.08B | €2.65B | €3B | €3.33B | €3.45B | |
| Gross profit | €1.53B | €1.77B | €1.8B | €1.96B | €1.77B | €2.19B | €2.45B | €2.97B | €3.35B | €3.69B | |
| Research & development | €614M | €657M | €643M | €699M | €707M | €768M | €776M | €882M | €894M | €919M | |
| Sales & marketing | €0 | €0 | €0 | €174M | €172M | €168M | €227M | €236M | €289M | €349M | |
| General & administrative | €0 | €0 | €0 | €170M | €164M | €180M | €201M | €226M | €273M | €293M | |
| Other operating expenses | €21.1M | €5.59M | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €34.3M | |
| Operating expenses | €930M | €992M | €970M | €1.04B | €1.04B | €1.12B | €1.2B | €1.34B | €1.46B | €1.6B | |
| Operating income | €595M | €774M | €827M | €919M | €730M | €1.07B | €1.24B | €1.63B | €1.89B | €2.1B | |
| Interest income | €2.68M | €6.44M | €2.12M | €5.81M | €1.13M | €5.14M | €4.58M | €25.8M | €31.5M | €20.4M | |
| Interest expense | €30.4M | €35.7M | €25.7M | €47.9M | €50.2M | €38.4M | €54.2M | €36.1M | €46.8M | €41.2M | |
| Other non-operating income (gains on investments, FX ...) | -€1.43M | -€5.16M | €1.07M | -€815K | €17.3M | €421K | €17M | -€2.2M | -€35.6M | -€7.66M | |
| Total non-operating income | -€28.1M | -€28.1M | -€24.1M | -€43.6M | -€62.9M | -€31.9M | -€65M | -€27.8M | -€2.99M | -€33.5M | |
| Income before tax | €567M | €746M | €803M | €875M | €667M | €1.04B | €1.18B | €1.6B | €1.89B | €2.06B | |
| Income tax | €168M | €209M | €16.3M | €177M | €58.2M | €209M | €238M | €345M | €363M | €464M | |
| Net income | €399M | €535M | €785M | €696M | €608M | €831M | €933M | €1.25B | €1.52B | €1.6B | |
| EPS (basic) | €2.11 | €2.83 | €4.16 | €3.73 | €3.29 | €4.50 | €5.10 | €6.91 | €8.47 | €8.96 | |
| EPS (diluted) | €2.11 | €2.82 | €4.14 | €3.71 | €3.28 | €4.50 | €5.09 | €6.90 | €8.46 | €8.96 | |
| Shares (basic, weighted) | 189M | 189M | 189M | 187M | 185M | 184M | 183M | 181M | 180M | 178M | |
| Shares (diluted, weighted) | 189M | 190M | 189M | 188M | 185M | 185M | 183M | 182M | 180M | 178M | |
| Depreciation & amortization | €248M | €261M | €289M | €352M | €427M | €456M | €546M | €662M | €667M | €662M | |
| EBITDA | €845M | €1.04B | €1.11B | €1.27B | €1.14B | €1.53B | €1.77B | €2.29B | €2.59B | €2.77B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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.