Ferrari Reports Record Quarter: Revenue, Profit, and Cash Flow on the Rise

Ferrari continues to demonstrate robust growth, closing the second quarter of 2026 with impressive financial results compared to the same period last year. The Maranello-based manufacturer has released preliminary consolidated data highlighting increases in revenue, profitability, and cash generation, reaffirming the strength of its business strategy and sustained high demand across its entire lineup.

The positive results have prompted management to raise its guidance for 2026, primarily driven by the ongoing success of its customization program, a key contributor to the brand's profitability.

Revenue and Profit Growth in the Second Quarter

Between April and June 2026, Ferrari reported net revenues of €1.938 billion, marking an 8% increase compared to the second quarter of 2025. At constant exchange rates, this growth reaches 11%.

Profitability also saw an upward trend. The operating profit (EBIT) stood at €605 million, yielding a margin of 31.2%, which is a 10% increase from the previous year and 16% at constant exchange rates.

The net profit for the quarter was €463 million, with the diluted earnings per share reaching €2.62.

Additionally, EBITDA rose to €755 million, with a margin of 39%, reflecting a 7% increase from the same period in 2025 and a 12% rise at constant exchange rates.

A particularly encouraging figure was the industrial free cash flow, which reached €276 million, representing a 39% year-on-year increase.

Customizations and New Models Drive Growth

In a commentary on the results, CEO Benedetto Vigna emphasized that the growth reflects disciplined execution of the company's strategy and ongoing customer demand for personalized configurations.

The favorable trend in customizations has enabled Ferrari to revise its financial forecasts for 2026 upwards, confirming the brand's ability to maintain high margins even in a challenging economic landscape.

During the quarter, Ferrari also expanded its offerings by unveiling two distinct models: the Ferrari Luce, the brand's first fully electric vehicle, and the Ferrari 12Cilindri Manuale, a variant equipped with a manual transmission that evokes the company’s sporting heritage.

According to Vigna, these two models exemplify the manufacturer’s ability to blend technological innovation with historical legacy, providing customers with an unprecedented range of options.

Orders Secured Through 2027

One of the most significant insights from the results is the level of demand. Ferrari confirmed that it currently boasts the most comprehensive lineup in its history and has a backlog of orders that fully covers 2027. This statistic underscores the brand's commercial strength and offers solid visibility into its activities for the coming years.

In the afternoon, management will present detailed second-quarter results during a conference call aimed at financial analysts and institutional investors.

With rising revenues, profits, and margins, coupled with demand that continues to exceed production capacity, Ferrari is solidifying its growth trajectory, bolstered by the success of its customizations and the introduction of new models designed to further enhance the offerings of the Prancing Horse.