Quarterly ResultJul 30, 2026, 09:57 AM
Ferrari Q2 Net Revenue €1.94B, EPS €2.62; Raises 2026 Guidance
AI Summary
Ferrari N.V. reported strong second-quarter 2026 results, driven by increased personalizations and a rich product mix. Net revenues rose 8% to Euro 1,938 million, and diluted EPS grew 10% to Euro 2.62. The company raised its full-year 2026 guidance for net revenues and adjusted diluted EPS, citing stronger-than-expected personalizations and lower currency headwinds. Ferrari also noted healthy demand with an order book covering production entirely through 2027, alongside continued share repurchases.
Key Highlights
- Q2 Net revenues reached Euro 1,938 million, up 8% year-over-year (11% at constant currency).
- Q2 Operating profit (EBIT) was Euro 605 million, up 10% year-over-year, with a 31.2% margin.
- Q2 Diluted EPS increased to Euro 2.62, up 10% from Euro 2.38 in Q2 2025.
- Q2 Industrial free cash flow was Euro 276 million, a 39% increase year-over-year.
- 2026 Net Revenues guidance raised to ~Euro 7.60 billion from ~Euro 7.50 billion.
- 2026 Adjusted Diluted EPS guidance raised to ≥Euro 9.68 from ≥Euro 9.45.
- Order book extends to entirely cover production through 2027.
- Share repurchases totaled Euro 209 million in Q2 2026.
Price Impact
More from RACE