Ferrari reported Q2 2026 net revenues of €1.94 billion, up 8% year-on-year, driven by a richer product mix and increased personalization sales. Operating profit rose 10% to €605 million with a margin of 31.2%, while net profit grew 9% to €463 million. The company raised its full-year 2026 guidance, citing stronger-than-expected personalization demand and lower currency headwinds. Ferrari continues to expand its model lineup and maintain strong order books covering 2027, supported by growth in racing and lifestyle revenues.
Ferrari's first electric vehicle, the Luce, faced early criticism and caused an 8% drop in Ferrari's stock after its reveal. Critics compared its design unfavorably and doubted its market success. However, Ferrari reached its sales target of nearly 5...
Ferrari N.V. has purchased 608,711 of its own shares worth approximately €183 million as part of the second tranche of its multi-year €3.5 billion share buyback program announced in 2025. The buybacks occurred on both the Euronext Milan and NYSE exch...
