Ferrari (RACE)
Builds low-volume, allocation-driven sports cars and grand tourers, then races them in Formula 1.
$415.50
vs last close+2.18 (+0.53%)
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 | 1,760 | 1,736 | 1,806 | 1,951 | 1,874 | 1,978 | 2,041 | 2,037 | 2,013 | 2,053 | 2,106 | 2,205 |
| Cost of revenue | 888 | 889 | 891 | 976 | 943 | 985 | 977 | 965 | 1,005 | 988 | 1,015 | 1,045 |
| Gross profit | 872 | 847 | 915 | 975 | 932 | 993 | 1,064 | 1,072 | 1,007 | 1,065 | 1,092 | 1,160 |
| 387 | 422 | 405 | 396 | 396 | 462 | 435 | 439 | 436 | 485 | 462 | 462 | |
| Research & development | 252 | 288 | 263 | 233 | 242 | 280 | 265 | 256 | 253 | 272 | 279 | 248 |
| 135 | 133 | 141 | 163 | 154 | 182 | 170 | 182 | 183 | 197 | 183 | 214 | |
| Selling & marketing | 71 | 61 | 75 | 89 | 78 | 88 | 94 | 108 | 99 | 97 | 103 | 138 |
| 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 | 579 | 536 | 531 | 628 | 634 | 572 | 580 | 629 | 698 |
| −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 | 485 | 418 | 502 | 582 | 531 | 538 | 602 | 621 | 558 | 571 | 612 | 684 |
| Income tax expense | 107 | 83 | 100 | 111 | 104 | 98 | 132 | 137 | 123 | 137 | 141 | 157 |
| Net income from continuing operations | 378 | 335 | 401 | 471 | 427 | 440 | 470 | 484 | 435 | 434 | 471 | 527 |
| Net income | 376 | 335 | 400 | 470 | 426 | 438 | 469 | 484 | 435 | 433 | 471 | 526 |
| EPS, basic | $2.07 | $1.85 | $2.22 | $2.61 | $2.37 | $2.44 | $2.62 | $2.71 | $2.44 | $2.44 | $2.68 | $2.99 |
| EPS, diluted | $2.07 | $1.85 | $2.22 | $2.61 | $2.37 | $2.43 | $2.62 | $2.71 | $2.44 | $2.44 | $2.67 | $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 | 707 | 665 | 696 | 773 | 738 | 750 | 786 | 810 | 650 | 790 | 821 | 870 |
| Depreciation & amortization | 197 | 212 | 186 | 180 | 195 | 199 | 172 | 178 | 85 | 213 | 198 | 171 |
| EBIT | 510 | 453 | 510 | 593 | 543 | 551 | 614 | 632 | 564 | 577 | 623 | 698 |