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Ferrari Posts Strong 2025 Results, Sets 2026 Targets as First EV Debut Approaches

Robust cash generation underpins guidance for further growth in 2026.

Overview

  • The company reported €7.14 billion in 2025 revenue (+7%), €2.1 billion EBIT (+12%), €1.6 billion net profit (+5%), and €2.77 billion EBITDA with a 38.8% margin.
  • Industrial free cash flow rose about 50% to roughly €1.54 billion as net debt fell to €32 million at year‑end.
  • Deliveries were intentionally held near 13,640 units to manage a major model transition that continues into 2026.
  • Guidance for 2026 points to about €7.5 billion in revenue and a 39% EBITDA margin, with the CEO saying the order book extends toward the end of 2027.
  • Ferrari scheduled the Luce electric model unveiling for 25 May 2026 in Rome, reported higher racing revenues from new sponsorships, and saw shares jump after the results release.