Ferrari N.V.
Explore Ferrari
Core profile pages, annual revenue records, and related research hubs for this company.
Ferrari N.V.
Explore Ferrari
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$5.97B (FY2023)
Market Cap
$78.0B
Net Income
$1.3B
Employees
4,919
Ferrari's financial profile is unlike any other automaker. Since spinning off from Fiat Chrysler in 2015, Ferrari's stock has surged, reflecting Wall Street's realization that it should be valued as a luxury brand (like LVMH) rather than an industrial manufacturer. Its margins are insulated from standard macroeconomic downturns because its ultra-high-net-worth clientele remains largely unaffected by standard recessions. The company generates massive free cash flow, reinvesting heavily in Formula 1 and R&D for next-generation powertrains.
Revenue Trend Analysis
YoY Change
+17.2%
2-Year CAGR
+18.2%
Peak Year
2023
Trend
Consistent Growth
Ferrari N.V. has reported revenue across 3 fiscal years, compounding at +18.2% annually over 2 years. The most recent year saw a 17.2% increase versus the prior year. Revenue peaked in 2023 at $6.0B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2023 | $6.0B | $1.3B | +17.2% |
| FY2022 | $5.1B | — | +19.3% |
| FY2021 | $4.3B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Ferrari N.V. is the second-largest sportswear manufacturer in the world (behind Nike), consistently generating over €21 billion in annual revenue.
When Ferrari N.V. terminated its partnership with Michael Schumacher in 2022, it was left with over €1 billion in unsold Formula 1 inventory, resulting in massive write-downs and the company's first annual loss in over 30 years.
Footwear gross margins are typically strong (around 47-50%), but operating margins were severely squeezed by the Formula 1 fallout, excess inventory markdowns, and inflation in 2023.
Yes, Ferrari N.V. traditionally pays an annual dividend, though it significantly slashed the payout during the 2023 financial crisis to preserve cash flow.
Under new CEO Benedetto Vigna, Ferrari N.V. is recovering by slowly selling off the remaining Formula 1 inventory (donating a portion to charity) and riding a massive viral sales boom of its classic 'Testarossa' and 'F40' supercars.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Ferrari N.V. Revenue & Financials." CorpDigest, https://corpdigest.com/company/ferrari/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Ferrari N.V. reported $6B in revenue (FY2023).</strong><br>Source: <a href="https://corpdigest.com/company/ferrari/financials" target="_blank" rel="noopener">CorpDigest — Ferrari N.V. financials</a></div>