Quarterly ResultJul 30, 2026, 07:00 AM
Ferrari Q2 Net Rev +8% to €1.94B; Raises FY26 Guidance
AI Summary
Ferrari N.V. reported strong second-quarter 2026 results with net revenues up 8% to Euro 1,938 million and diluted EPS increasing 10% to Euro 2.62. The company's operating profit (EBIT) rose 10% to Euro 605 million, driven by a richer product mix and higher personalizations. Due to robust performance and sustained demand, Ferrari has raised its full-year 2026 guidance for net revenues, adjusted EBITDA, adjusted operating profit, and adjusted diluted EPS. The company also continued its share buyback program, repurchasing Euro 45.5 million in shares in July.
Key Highlights
- Q2 2026 Net revenues Euro 1,938 million, up 8% (11% at constant currency) YoY.
- Q2 2026 Operating profit (EBIT) Euro 605 million, up 10% (16% at constant currency) YoY.
- Q2 2026 Net profit Euro 463 million; diluted EPS Euro 2.62, up 10% YoY.
- Q2 2026 Industrial free cash flow Euro 276 million, up 39% YoY.
- Full-year 2026 net revenue guidance raised to ~Euro 7.60 billion from ~Euro 7.50 billion.
- Full-year 2026 adjusted diluted EPS guidance raised to ≥Euro 9.68 from ≥Euro 9.45.
- Deliveries were 3,366 units in Q2, with increased shipments of 12Cilindri, Purosangue, and 296 Speciale family.
- Purchased 139,732 common shares for Euro 45.5 million from July 1-24, 2026, under buyback program.
Price Impact
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