Introduction
Ferrari Statistics: The global luxury automotive market undergoes continuous transformation through Ferrari N.V.’s unmatched combination of exclusive products and advanced engineering, and its commitment to fiscal responsibility. The company achieved exceptional business performance during 2025–2026 through its decision to emphasize value over volume, which enabled it to maintain high profitability with limited production capacity. Ferrari achieves continuous revenue increases through its business model, which controls product availability and charges high prices while offering customers extensive customization options.
Ferrari operates as one of the most profitable automotive brands worldwide because it combines high market demand with high-level technological research and development, which includes hybrid and upcoming electric vehicle models, and its strong 2026 order book.
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- Ferrari shipped 13,640 units during FY2025, which supported its strategy of maintaining low-volume exclusive products.
- Core “Range” models generated 92% of total shipments, which became the primary component of the volume distribution.
- Special Series accounted for 7% while Icona & Supercars contributed just 1%.
- The EMEA region delivered 46% of total shipments.
- The Americas region delivered 29% of shipments while showing a small decrease of 66 units compared to the previous year.
- The rest of the APAC region maintained 18% market share because emerging markets experienced gradual growth.
- China, Hong Kong, and Taiwan represented 7% market share, which decreased by 221 units compared to the previous year.
- Net revenues of €7,146 million, which represented a 7.0% year-over-year growth rate that equalled an 8.0% increase at constant currency exchange rates.
- Cars and spare parts revenue reached €6,005 million, which represented a 5.7% increase that drove core business expansion.
- 23.4% increase in sponsorship and brand revenue, which brought in an additional €156 million.
- An EBIT increase to €2,110 million, which represented an 11.8% growth rate, and its margins reached 29.5%.
- €2,772 million in EBITDA, which represented an 8.5% increase while maintaining a strong margin of 38.8%.
- Industrial free cash flow increased 49.8% to €1,538 million, indicating strong liquidity.
- R&D expenses grew 5.3% to €593 million, reflecting continued innovation investment.
- Capital expenditure declined 4.7% to €943 million, signaling disciplined spending.
Ferrari Shipment Mix 2025

(Source: cdn.ferrari.com)
- The volume strategy of Ferrari shows strict discipline through its shipment total of 13640 units, which maintains its business model based on exclusivity and its ability to set prices.
- Ferrari shows 92% of total shipments, which come from its main product pillar, Range models, which the company uses to create high-end performance cars that produce steady income.
- The Special Series models use 7% of sales to create high-profit limited-edition products, which increase brand value and business earnings.
- The Icona Supercar segment includes extremely rare models, which make up 1 of total sales but bring significant brand value and high-end pricing power, which serves as a fundamental element of Ferrari’s premium automobile business approach.
- Ferrari holds a dominant position in its domestic markets as the EMEA regions show 46% market share, resulting in 142 extra units sold.
- The Americas show 29% market share, which declined by 66 units but still demonstrates strong demand for U.S. luxury products.
- The Rest of APAC shows an 18% growth rate through the addition of 33 units, which indicates that emerging markets have begun to expand, whereas Mainland China, Hong Kong, and Taiwan show a 7% decline through the loss of 221 units, which shows decreased demand in the Chinese market.
- Ferrari achieves its business objectives through controlled shipment operations, which create product shortages while increasing company profits and protecting brand reputation and business value for shareholders.
Ferrari Revenue Growth Bridge

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- Ferrari achieved strong revenue results for FY2025 because the company reported net revenues of €7146 million, which represented a 7% increase and an 8% increase when measured at constant currency.
- The business model used by Ferrari maintains its strength during currency exchange rate fluctuations, which demonstrates the company’s ability to sustain its luxury car operations.
- The revenue bridge analysis shows that Ferrari generates the main growth from its basic segment, which includes cars and spare parts. This segment showed a revenue increase from €5728 million in FY2024 to €6005 million in FY2025.
- The segment generated revenue growth through a constant currency increase of €327 million, which represents a 5.7% increase.
- The demand for high-performance luxury vehicles remains strong throughout the world while new model launches continue to succeed.
- The sponsorship commercial and brand segment stands out as a key contributor because it experienced a 23.4% increase, which resulted in €156 million in additional revenue.
- The segment demonstrates Ferrari’s capacity to create revenue through its brand value, which it develops through its lifestyle products, business partnerships, and Formula 1 commercial operations.
- The other category produced a 17.2 % increase, which brought in €48 million to create additional revenue streams.
- The company lost €52 million because of foreign exchange (FX) challenges that created a revenue reduction. This resulted in a smaller difference between constant currency reported figures and actual reported numbers.
- The company maintains its operational strength, but foreign currency movements affect its financial results, as businesses in the luxury market do.
- The fiscal year 2025 revenue bridge demonstrates Ferrari’s ability to maintain operational excellence through its automotive business while generating income from brand partnerships to achieve sustainable growth, increased profitability, and long-term value creation for shareholders in the global luxury automotive industry.
Ferrari Profitability and Cash Flow 2025

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- Ferrari maintains its role as the luxury automotive industry leader because its business operations deliver increasing profitability, together with widening profit margins and substantial cash flow results throughout the fiscal year 2025.
- Ferrari achieved an EBIT increase of 11.8%, which amounted to €2,110 million, while its profit margins reached 29.5%, which shows its power to set prices together with its high-end product range and its effective cost control practices.
- The nearly 30% EBIT margin that Ferrari achieves makes the company one of the top revenue-generating automotive companies worldwide because it focuses on high-end luxury products.
- The company achieved €2,772 million in EBITDA results, which represented an A8.5% growth rate, while its profit margins grew to 38.8%, which demonstrated its ability to run operations efficiently while generating substantial revenue through brand monetization.
- The company uses these metrics to demonstrate how it turns revenue increases into profitable, high-margin earnings, which sets it apart from competitors in its industry.
- The diluted EPS results of €8.96, which represent a 5.9% increase, show that the company maintains constant value creation for its shareholders while its earnings grow steadily despite current economic uncertainties.
- Industrial free cash flow increased to €1,538 million after showing a 49.8% rise from the previous year’s €1,027 million, which demonstrates Ferrari’s outstanding ability to generate cash while maintaining control over capital expenditures.
- Ferrari achieved its high-quality earnings results through FY2025, which demonstrates the company’s ability to maintain high-value earnings throughout economic challenges while executing its financial strategies effectively, which establishes investor trust in the company’s capability to create long-term value.
Ferrari R&D and Capex

(Source: cdn.ferrari.com)
- Ferrari maintains its balanced investment approach by conducting extensive research and development work during fiscal year 2025 while maintaining control over its capital expenditures.
- The total capital expenditures for the project decreased to €943 million, which represents a 4.7% decrease from the 2024 figure of €989 million.
- The capitalized development costs of the project amounted to €421 million, which represents a decrease from the previous fiscal year 2024 figure of €476 million.
- The organization now uses a more selective process to evaluate which projects should receive capitalization funding.
- Ferrari dedicated €593 million to research and development expenses, which represents a 5.3% increase from previous spending levels.
- The total research and development investment decreased to €1,014 million, which represents a 2.4% decrease.
- The organization has shifted its development activities between two financial categories, which include operational costs and development costs that require capitalization.
- The organization maintained its amortization costs for capitalized development expenses at €326 million.
- The company reported total research and development expenses of €919 million, which includes a 2.8% increase in expenses from previous periods.
- The expenses for research and development activities will rise in the future because of current innovation processes, which require constant monitoring.
- The business uses its fiscal year 2025 investment plan to shift its focus toward developing innovative solutions that will enable it to maintain product excellence and technological edge while achieving sustainable competitive advantage in the worldwide luxury vehicle industry.
The 2026 “Ferrari Luce” and Electrification Roadmap
- Ferrari will begin its new transformation process in 2026 when the company launches its Ferrari Luce electric vehicle, which will serve as a critical moment in its plan for electric vehicle development.
- The Luce functions as a premium product that delivers top industry electric performance while maintaining its status as an ultra-luxury product, according to Car and Driver.
- The Luce vehicle will produce over 1,000 horsepower because its quad-motor system uses an 880V electrical system.
- The Ferrari front axle demonstrates the company’s engineering expertise because it achieves 93% efficiency with 210 kW power output and maintains power density.
- The vehicle targets a range of approximately 330 miles to compete with other vehicles in the premium electric luxury market.
- The Luce project serves as the primary component of Ferrari’s electrification strategy because it will enable the company to reach its 2030 sales goal, which includes 40% electric vehicle sales, and 40% hybrid vehicle sales, and 20% internal combustion engine vehicle sales.
- Ferrari plans to have approximately 5% of its products become fully electric by 2026, while hybrid vehicles will make up 55% of its lineup, which represents a controlled approach to change according to Electric Motor Engineering.
- Ferrari uses this careful method to protect its exclusive brand image while maintaining its profit margins, which distinguishes the company from companies that produce vehicles for mass distribution.
- The operational change depends on Ferrari’s new e-building facility, which opened its doors in 2024 to provide complete support for internal combustion engine, hybrid vehicle, and electric vehicle manufacturing activities.
- The facility enables Ferrari to manufacture its own e-motors, e-axles, and batteries through its vertical integration system, which enhances production capacity and operational efficiency and cost management ability.
- Ferrari establishes a bigger market for its product through the Luce four-door and four-seat design, which matches customer preferences shown in the Purosangue model.
- The initiative helps to improve daily vehicle use and attract various customers while maintaining stable vehicle production, which serves as essential support for growing electric vehicle market share without harming brand exclusivity.
- Ferrari plans to postpone their second electric vehicle launch until after 2028 because they believe demand for ultra-luxury electric vehicles will grow, which makes Luce’s success throughout its market introduction extremely vital.
- Ferrari focuses on software-based torque vectoring and energy management systems and human-machine interface design elements, which draw from consumer technology design experts to create software-controlled vehicles that serve as vital business advantages.
Formula 1 Commercial Synergy
- Lewis Hamilton’s arrival at Scuderia Ferrari has become a major factor that drives commercial growth, transforming the way Formula 1 generates its financial income.
- The “Hamilton Effect” does not center on racing outcomes; it instead focuses on brand value and sponsorship growth throughout the entire business ecosystem.
- The company Liberty Media showed its financial performance through sponsorship revenue, which increased from USD 634.5 million in 2024 to USD 840.4 million in 2025, showing a 32.5% annual growth rate.
- The company showed faster growth from sponsorship than its total Formula One revenue, which increased by 20.4% to reach USD 3.87 billion, because sponsorship revenue represented the most rapidly expanding source of income.
- The percentage of total revenue from sponsorship increased to 21.7% while it had been at 18.8% because sponsorship became a more crucial element of business strategy, according to PlanetF1.
- The industry-wide data shows that this pattern continues. The combined sponsorship revenues of teams and series reached USD 2.5 billion in 2025, according to SponsorUnited, while Ampere Analysis and BlackBook Motorsport projected revenues to increase by 10% YoY to reach USD 2.9 billion.
- Formula 1 had more than 300 active sponsors who provided 72% of their revenue to teams, which shows that major driver transfers like Hamilton’s create greater economic advantages for teams.
- The team’s revenues increased from €313 million in H1 2024 to €396 million in H1 2025, which created a €83 million uplift while analysts estimated that the Hamilton Effect would generate approximately €70 million in annual revenue.
- Hamilton’s transfer to a different team matches the current commercial development of Formula 1.
- The show Drive to Survive, which Netflix produced together with Apple’s F1 The Movie, has created broader audience accessibility through cultural factors, while Hamilton acts as the sport’s most visible global ambassador who promotes brand awareness in the United States and Middle Eastern markets, according to Liberty Media and BlackBook Motorsport.
- The technology and financial services sectors together contribute approximately 40 % of all new sponsorship agreements, which shows that companies now prefer to establish partnerships that deliver substantial value through innovative solutions, according to Ampere Analysis.
- Ferrari has used Hamilton’s worldwide recognition to bring in high-value sponsors who help establish the company as a racing and lifestyle enterprise.
Conclusion
Ferrari demonstrates exceptional performance for its fiscal year 2025 to 2026 through its ability to manage business operations while maintaining strong pricing power and achieving outstanding profit margins. The company achieved continuous revenue growth, improved profit margins, and strong cash flow development through its limited production operations, which helped establish its ultra-luxury market position.
Financial resilience receives a boost through the company’s strategic sponsorship approach and brand monetization initiatives. The company uses research and development together with electrification investments, which include the upcoming Ferrari Luce electric vehicle, to create an innovation strategy that maintains its exclusive market position.
Ferrari maintains its competitive advantage over the entire automotive sector because it chooses to create high-value products, which enable sustainable development, deliver exceptional profit margins, and create substantial value for shareholders during times of changing transportation requirements.
FAQ
Ferrari delivered 13,640 vehicles in FY2025, maintaining its exclusivity-driven strategy.
Ferrari generated revenue of €7,146 million, which represented a 7.0% increase compared to the previous year.
Ferrari achieved a high EBIT margin of 29.5%, among the best in the automotive industry.
Industrial free cash flow increased by 49.8% to reach €1,538 millio,n which demonstrates the company’s effective management of financial resources.
Ferrari plans a gradual transition with ~40% EV, 40% hybrid, and 20% ICE mix by 2030, led by the Ferrari Luce EV.