Ferrari beats Q1 earnings estimates and confirms 2026 outlook ahead of its first electric car launch.

Ferrari reported adjusted earnings per share of 2.33 euros and revenue of 1.85 billion euros in Q1 2026, surpassing Wall Street expectations. Despite a 4.4% drop in deliveries due to production adjustments, the company’s revenue and profits grew year-over-year. Ferrari reaffirmed its 2026 guidance, targeting 7.5 billion euros in revenue and at least 2.22 billion euros in adjusted operating profit. This strong performance comes just weeks before the May 25 debut of Ferrari's first fully electric vehicle, the Luce, signaling a major innovation milestone for the brand.