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Financial Performance

Ferrari Revenue & Financials

Revenue

~$8.1B (FY2025)

Net Income

~$1.8B

Employees

5,435

What is Ferrari's revenue?

Ferrari had ~$8.1B in revenue for fiscal year 2025, up 7% from 2024. Net income was ~$1.8B.

Latest revenue
~$8.1B (FY2025)
Year-over-year
+7%
Growth rate (CAGR)
9.7% over 9 years
Peak revenue
~$8.1B (FY2025)
Years of data
10
Employees
5,435
How much profit does Ferrari make?
Ferrari reported net income of ~$1.8B for fiscal year 2025. sec.gov
How many employees does Ferrari have?
Ferrari has about 5,435 employees.

Financial Analysis

Ferrari grew net revenues from ~$3.5 billion (€3.1 billion) in 2016 to ~$8.08 billion (€7.15 billion) in 2025 while shipments rose only from about 8,000 to 13,640 cars. In 2025 revenue rose 7% (8% at constant currency), EBIT margin improved 120 basis points to 29.5%, adjusted EBITDA reached ~$3.13 billion (€2.77 billion) (38.8% margin) and industrial free cash flow exceeded ~$1.69 billion (€1.5 billion). In Q2 2026 net revenues rose 8.4% to ~$2.19 billion (€1.94 billion), EBITDA hit ~$853 million (€755 million) (39.0% margin) and EBIT ~$684 million (€605 million) (31.2%), and management raised 2026 guidance to roughly $8.59 billion (€7.6 billion) of revenue and adjusted EBITDA of at least ~$3.36 billion (€2.97 billion). Ferrari commands a luxury premium in the market, sustaining a valuation well over $70 billion as one of the world's most powerful brands.

Revenue Trend Analysis

YoY Change

+7%

9-Year CAGR

+9.7%

Peak Year

2025

Trend

Consistent Growth

Ferrari N.V. has 10 full fiscal year figures on this page, compounding at +9.7% annually over 9 years. The most recent year saw a 7% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$8.1B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.

Annual revenue history

Fiscal YearRevenueNet IncomeYoY ChangeSource
FY2025~$8.1B~$1.8B+7.0%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2026-02-19)

Fiscal year ended 2025-12-31.

FY2024~$7.5B~$1.7B+11.8%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2026-02-19)

Fiscal year ended 2024-12-31.

FY2023~$6.7B~$1.4B+17.2%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2026-02-19)

Fiscal year ended 2023-12-31.

FY2022~$5.8B~$1.1B+19.3%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2025-02-21)

Fiscal year ended 2022-12-31.

FY2021~$4.8B~$938.8M+23.4%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2024-02-22)

Fiscal year ended 2021-12-31.

FY2020~$3.9B~$686.8M-8.1%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2023-02-24)

Fiscal year ended 2020-12-31.

FY2019~$4.3B~$786.3M+10.1%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2022-02-25)

Fiscal year ended 2019-12-31.

FY2018~$3.9B~$886.7M+0.1%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2021-02-26)

Fiscal year ended 2018-12-31.

FY2017~$3.9B~$605M+10.0%Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2020-02-18)

Fiscal year ended 2017-12-31.

FY2016~$3.5B~$450.6M—Ferrari N.V. annual report (Form 20-F, SEC EDGAR, filed 2019-02-26)

Fiscal year ended 2016-12-31.

Click any row to see year details.

Ferrari N.V. balance sheet and cash flow

Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 20-F, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.

Fiscal YearOperating cash flowCapital expendituresTotal assetsShareholders' equityFree cash flowSource
FY2025ended Dec 31, 2025~$2.7B~$548.3M~$10.9B~$4.4B~$2.1BForm 20-F
FY2024ended Dec 31, 2024~$2.2B~$545M~$10.7B~$4B~$1.6BForm 20-F
FY2023ended Dec 31, 2023~$1.9B~$431.4M~$9.1B~$3.5B~$1.5BForm 20-F
FY2022ended Dec 31, 2022~$1.6B~$392.9M~$8.8B~$2.9B~$1.2BForm 20-F
FY2021ended Dec 31, 2021~$1.4B~$398.1M~$7.8B~$2.5B~$1.1BForm 20-F
FY2020ended Dec 31, 2020~$947.2M~$403.4M~$7.1B~$2B~$543.7MForm 20-F
FY2019ended Dec 31, 2019~$1.5B~$397.9M~$6.2B~$1.7B~$1.1BForm 20-F
FY2018ended Dec 31, 2018~$1.1B~$339.9M~$5.5B~$1.5B~$715.6MForm 20-F
FY2017ended Dec 31, 2017~$749M~$213.5M~$4.7B~$879.9M~$535.5MForm 20-F
FY2016ended Dec 31, 2016~$1.1B~$198.5M~$4.4B~$367.2M~$937.5MForm 20-F

Keep researching Ferrari

Ferrari Revenue and Financial FAQ

Is Ferrari profitable?

Massively so. Ferrari has the absolute highest profit margins in the automotive industry (often exceeding 25%). In 2015, Fiat Chrysler (which owned Ferrari for decades) spun Ferrari off in a massive IPO on the New York Stock Exchange, unlocking billions in massive luxury valuation.

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Cite this page
CorpDigest. "Ferrari Revenue & Financials." CorpDigest, https://corpdigest.com/company/ferrari/financials.
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<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 reported ~$8.1B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/ferrari/financials" target="_blank" rel="noopener">CorpDigest — Ferrari financials</a></div>

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.