Ferrari Reports Q2 2026 Operating profit (EBIT) of €605 million

02 Aug Ferrari Reports Q2 2026 Operating profit (EBIT) of €605 million

(Oilandgaspress) 02/08/26, – Ferrari N.V. announced its consolidated preliminary unaudited results for the second quarter and six months ended June 30, 2026.

Net revenues of Euro 1,938 million, up 8% versus prior year (up 11% at constant currency(1))

Operating profit (EBIT)(1) of Euro 605 million, with Operating profit (EBIT) margin of 31.2%, up 10% versus prior year (up 16% at constant currency)

Net profit of Euro 463 million and diluted EPS at Euro 2.62

EBITDA(1) of Euro 755 million, with EBITDA margin of 39.0%, up 7% versus prior year (up 12% at constant currency)

Industrial free cash flow(1)(2) of Euro 276 million, up 39% versus the prior year

Within Sports Cars, the business performance continued to benefit from the enrichment of the product mix and the increased contribution of personalizations. In the quarter, deliveries were 3,366 units as Ferrari continued to execute its planned model change-over. Deliveries of the 12Cilindri, the 12Cilindri Spider, the Purosangue and the 296 Speciale family increased, and the Amalfi and 849 Testarossa continued their ramp up phase. The 296 GTS, the Roma Spider and the SF90 XX family decreased in line with their phase-out. Shipments of the F80 increased in line with plans. In the past months, the product line-up was further enriched by the full-presentation of the Ferrari Luce and the reveal of the 12Cilindri Manuale, a Special Series already fully allocated.

Racing revenues increased in the quarter, mainly driven by higher sponsorships and a positive contribution from the rental of engines to other Formula 1 racing teams. The quarter saw encouraging sporting results on track, with podium places secured by both Scuderia Ferrari in the Formula 1 World Championship and by the 499P Hypercar in the FIA World Endurance Championship.

Lifestyle activities continued to leverage the Ferrari ecosystem through targeted retail and experiential activations in the quarter. Key initiatives across Le Mans, Monaco, Silverstone and Goodwood attracted new customers. We also enhanced engagement at the Museo Enzo Ferrari, where initiatives such as the Jazz Open Modena partnership further amplified visibility during a key holiday period. Together, these initiatives demonstrate the effectiveness of our ecosystem strategy and the strength of customer demand.

Total net revenues

Net revenues for Q2 2026 were Euro 1,938 million, up 8% (up 11% at constant currency). Revenues from Cars and spare parts were Euro 1,629 million, up 8%, thanks to a richer sports cars mix and higher personalizations. Sponsorship, commercial and brand revenues reached Euro 209 million, up 2%, mainly attributable to higher sponsorships, partially offset by lower Formula 1 commercial revenues linked to the prior year Formula 1 ranking. Other revenues also grew in the quarter, mostly reflecting rental of engines to other Formula 1 racing teams. Foreign exchange impact, net of currency hedges, resulted into a negative effect primarily due to the US Dollar and the Japanese Yen.

Operating profit (EBIT) and EBITDA

Q2 2026 Operating profit (EBIT) was Euro 605 million, up 10% versus the prior year (up 16% at constant currency) and with an Operating profit (EBIT) margin of 31.2%. The increase was mostly attributable to a positive product mix – mainly supported by F80 – higher personalizations and a positive contribution from racing activities, as well as temporary lower D&A in line with the ongoing model change-over. This was partially offset by higher industrial costs and marketing expenses and higher costs due to better Formula 1 in-season ranking assumptions compared to last year. Q2 2026 EBITDA reached Euro 755 million, up 7% versus the prior year (up 12% at constant currency) and with an EBITDA margin of 39.0%.

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(Oilandgaspress) 02/08/26, – Ferrari N.V. informs that the Company has purchased, under the Euro 250 million share buyback program announced on April 10, 2026, as the second tranche of the multi-year share buyback program of approximately Euro 3.5 billion expected to be executed by 2030 in line with the disclosure made during the 2025 Capital Markets Day (the “Second Tranche”), the additional common shares – reported in aggregate form, on a daily basis Related News