NYSE · RACE
Ferrari financials
$402.05+1.02%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.38B | $6.95B | $6.60B | $5.47B | $4.86B | $4.21B | $4.23B | $3.93B | $4.10B | $3.27B |
| Gross profit | $4.33B | $3.48B | $3.29B | $2.62B | $2.49B | $2.16B | $2.20B | $2.07B | $2.12B | $1.60B |
| Gross margin | 51.7% | 50.1% | 49.8% | 48.0% | 51.3% | 51.3% | 52.1% | 52.6% | 51.7% | 49.1% |
| Operating income | $2.46B | $1.96B | $1.78B | $1.31B | $1.22B | $866.5M | $1.03B | $946.7M | $927.5M | $622.9M |
| Net income | $1.87B | $1.58B | $1.38B | $1.00B | $944.7M | $740.2M | $780.7M | $901.7M | $642.4M | $419.6M |
| Net margin | 22.3% | 22.8% | 21.0% | 18.3% | 19.5% | 17.6% | 18.5% | 22.9% | 15.7% | 12.8% |
| Diluted EPS | $10.51 | $8.80 | $7.63 | $5.46 | $5.12 | $3.99 | $4.16 | $4.76 | $3.38 | $2.22 |
| EBITDA | $3.24B | $2.65B | $2.51B | $1.90B | $1.73B | $1.39B | $1.42B | $1.28B | $1.24B | $622.9M |
| Operating cash flow | $2.76B | $2.00B | $1.90B | $1.51B | $1.46B | $1.02B | $1.47B | $1.07B | $795.3M | $1.06B |
| Free cash flow | $2.19B | $1.50B | $1.48B | $1.13B | $1.06B | $586.0M | $1.07B | $727.7M | $568.6M | $872.9M |
| Diluted shares | 178.3M | 180.0M | 181.5M | 183.1M | 184.8M | 185.4M | 187.5M | 189.4M | 189.8M | 188.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.72B | $1.81B | $1.24B | $1.49B | $1.53B | $1.66B |
| Short-term investments | $91.6M | $26.0M | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.38B | $3.49B | $2.74B | $3.02B | $2.99B | $3.32B |
| Total assets | $11.30B | $9.88B | $8.90B | $8.33B | $7.80B | $7.63B |
| Total liabilities | $6.70B | $6.20B | $5.51B | $5.54B | $5.29B | $5.45B |
| Shareholders' equity | $4.59B | $3.69B | $3.39B | $2.79B | $2.51B | $2.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology