Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy on October 2, 2025. Reuters/Remo Casilli/File photo
Remo Casilli | reuters
Detroit – ferrari It beat Wall Street’s first-quarter earnings expectations on Tuesday and reaffirmed its guidance for the year just weeks before the sports car maker is scheduled to introduce its first all-electric vehicle.
Here’s how the company performed in the first quarter compared to average estimates compiled by LSEG:
- earnings per share: 2.33 euros (US$2.72) adjusted vs. 2.27 euros expected
- Income: 1.85 billion euros vs. 1.81 billion euros expected
Ferrari’s revenue during the first quarter of 2025 was up more than 3% compared to 1.79 billion euros, while its operating profit and adjusted earnings increased by 1.1% and 4.2% respectively year-on-year.
The company’s 2026 guidance includes 7.5 billion euros in net revenue and adjusted operating profit of at least 2.22 billion euros, or 9.45 euros of adjusted EPS. It aims for industrial free cash flow of 1.5 billion euros or more for the year.
The results came despite a 4.4% decline in year-on-year deliveries to 3,436 units, as the sports car maker said it slowed production to “facilitate the execution of planned model changes.”
the company said Deliveries “were not affected by the escalation of hostilities in the Middle East, as Ferrari, taking advantage of its geographic allocation flexibility, moved some deliveries to other regions.”
Ferrari’s results come just weeks before the scheduled debut of its first fully electric vehicle, the Lucea, on May 25.
“With only twenty days to go until the world premiere of the Ferrari Luce, the feeling of anticipation has never been higher. The Ferrari Luce brings together so many extraordinary technologies and the passion of so many people. It is a testament to how tradition and innovation can come together to create something unique,” Ferrari CEO Benedetto Vigna said in a statement on Tuesday.
