Ferrari Exceeds Expectations with Increased Quarterly Revenue

Ferrari Reports Earnings Exceeding Expectations

Ferrari drew attention with its financial data for the last quarter of the year. The company announced that its net revenue increased to 1.8 billion euros (approximately 2.14 billion dollars), surpassing Bloomberg analysts' expectations of 1.77 billion euros.

Annual Revenue and Targets

Annual net revenue reached 7.1 billion euros with a 7% increase. Ferrari provided reassurance to investors by setting new goals for 2026, indicating that it can sustain growth and margins during a significant product transition phase.

Stock Prices Rise

The company’s forecasts exceeding analyst expectations led to a nearly 10% increase in Ferrari shares. The net profit for the fourth quarter was recorded at 381 million euros, and the annual net income rose by 5% to reach 1.6 billion euros. Earnings per share for the quarter remained at 2.14 euros, while annual earnings increased by 6% to 8.96 euros.

Order Power and Future Expectations

Ferrari's quarterly shipments decreased to 3,152 units, while total annual deliveries fell to 13,640 units. However, CEO Benedetto Vigna stated, "Demand for Ferrari is very strong. Our order book extends to the end of 2027."