Ferrari (RACE)
Builds low-volume, allocation-driven sports cars and grand tourers, then races them in Formula 1.
$414.25
vs last close+0.93 (+0.23%)
In millions of USD, except per-share figures · converted from EUR at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,757 | 1,733 | 1,804 | 1,949 | 1,872 | 1,975 | 2,038 | 2,035 | 2,010 | 2,050 | 2,103 | 2,202 |
| Cost of revenue | 886 | 888 | 890 | 975 | 941 | 984 | 976 | 964 | 1,004 | 986 | 1,013 | 1,044 |
| Gross profit | 871 | 846 | 914 | 974 | 930 | 992 | 1,062 | 1,071 | 1,006 | 1,064 | 1,090 | 1,158 |
| 386 | 421 | 404 | 395 | 395 | 461 | 435 | 438 | 435 | 485 | 462 | 461 | |
| Research & development | 251 | 288 | 263 | 233 | 242 | 280 | 265 | 256 | 253 | 272 | 279 | 247 |
| 135 | 133 | 141 | 163 | 154 | 181 | 170 | 182 | 182 | 197 | 183 | 214 | |
| Selling & marketing | 71 | 61 | 74 | 88 | 78 | 88 | 93 | 108 | 99 | 97 | 103 | 137 |
| General & administrative | 64 | 72 | 67 | 74 | 76 | 94 | 76 | 74 | 83 | 100 | 80 | 76 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 0 | 0 |
| Operating income | 485 | 425 | 510 | 578 | 535 | 530 | 628 | 633 | 571 | 579 | 628 | 697 |
| −1 | −7 | −9 | 3 | −5 | 7 | −26 | −13 | −14 | −9 | −17 | −14 | |
| Interest income | 29 | 31 | 8 | 10 | 10 | 9 | 7 | 6 | 5 | 5 | 5 | 2 |
| Interest expense | 27 | 37 | 10 | 13 | 15 | 15 | 15 | 14 | 12 | 6 | 12 | 12 |
| Other non-operating income | −25 | −28 | 0 | −14 | −7 | −20 | 15 | 2 | 7 | 2 | 6 | 0 |
| Income before tax | 484 | 418 | 501 | 581 | 530 | 537 | 601 | 620 | 557 | 570 | 611 | 683 |
| Income tax expense | 106 | 83 | 100 | 111 | 103 | 98 | 132 | 136 | 123 | 137 | 141 | 157 |
| Net income from continuing operations | 377 | 335 | 401 | 470 | 427 | 439 | 469 | 484 | 434 | 433 | 470 | 526 |
| Net income | 375 | 334 | 400 | 469 | 426 | 438 | 469 | 483 | 434 | 432 | 470 | 525 |
| EPS, basic | $2.07 | $1.84 | $2.22 | $2.61 | $2.37 | $2.44 | $2.62 | $2.71 | $2.44 | $2.44 | $2.67 | $2.98 |
| EPS, diluted | $2.07 | $1.84 | $2.22 | $2.61 | $2.37 | $2.42 | $2.62 | $2.71 | $2.44 | $2.44 | $2.66 | $2.97 |
| Weighted average shares, basic | 181 | 181 | 180 | 180 | 180 | 179 | 179 | 178 | 178 | 178 | 177 | 176 |
| Weighted average shares, diluted | 181 | 181 | 181 | 180 | 180 | 179 | 179 | 178 | 178 | 178 | 177 | 176 |
| EBITDA | 706 | 664 | 695 | 772 | 737 | 749 | 785 | 809 | 649 | 789 | 820 | 868 |
| Depreciation & amortization | 196 | 212 | 185 | 180 | 195 | 198 | 172 | 178 | 85 | 213 | 198 | 171 |
| EBIT | 509 | 452 | 510 | 592 | 542 | 550 | 613 | 631 | 564 | 577 | 622 | 697 |
