Ferrari is raising its 2026 outlook following better-than-expected second-quarter results, driven by strong demand for the iconic Italian sports car brand.
Ferrari’s second-quarter results showed an operating profit of 605 million euros, or a 31.2% margin, and a net profit of 463 million euros, roughly a 9% increase from the previous year.
Ferrari Q2 Highlights:
- Earnings per share: 2.62 euros ($2.97) adjusted vs. 2.50 euros expected
- Revenue: 1.94 billion euros vs. 1.88 billion euros expected
Ferrari’s revised 2026 outlook projects approximately 7.6 billion euros in revenue, slightly higher than the previous 7.5 billion euros.
Adjusted earnings are now expected to be around 2.97 billion euros, up from 2.93 billion euros. The forecast also shows modest increases in industrial free cash flow, adjusted earnings, and operating profit.
Ferrari CEO Benedetto Vigna told investors, “The robust results achieved in the second quarter reflect our disciplined execution and the continued strength of our strategy. A sustained trend in personalizations allows us to raise the guidance for the year. In a single quarter, we introduced the Ferrari Luce and the Ferrari 12Cilindri Manuale: two very different sports cars that embody the same Ferrari DNA and demonstrate how we blend tradition and innovation in unique ways. Today we have the most complete line-up in Ferrari history and we continue to experience healthy demand, with an order book that entirely covers 2027.”
Ferrari shares rose 2% in premarket trading Thursday, following the announcement.
By CEO NA Editorial Staff
