Also trades as: RACE.MI (MIL) · $vol 163M · 2FE.DE (XETRA) · $vol 2M · RACE.SW (SIX) · $vol 0M

$389.83

-3.11 (-0.79%)

Weekly Expected Move ±3.0%

$369 $381 $393 $405 $417

NYSE · Consumer Cyclical · Auto - Manufacturers · Tech Score Neutral · Power 49 · $68.3B mcap · 107M float · 0.414% daily turnover · Short 61% of daily vol

Credit Risk of going bust: lower than 85% of companies Debt: 4.9% of company value Bonds: none of note held by US funds details ▾

If the stock fell to about $1.77 (down 99.5%), Ferrari N.V. would be worth roughly what it owes.
Total debt $3.52B against a stock market value of $68.35B.
Distance to default 11.40 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.21B (short-term plus half of long-term), stock volatility 31.3%; Altman Z'' 5.11. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$7.1B +7.0% ▲

5Y CAGR: +15.6%

Gross Profit

$3.7B +10.3% ▲

5Y CAGR: +15.8%

Operating Income

$2.1B +11.5% ▲

5Y CAGR: +23.7%

Net Income

$1.6B +4.9% ▲

5Y CAGR: +21.3%

EPS (Diluted)

$8.96 +5.9% ▲

5Y CAGR: +22.3%

EBITDA

$2.4B -7.9% ▼

5Y CAGR: +16.0%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.3B	$5.1B	$6.0B	$6.7B	$7.1B
YoY Growth	+23.4%	+19.3%	+17.2%	+11.8%	+7.0%
Cost of Revenue	$2.1B	$2.6B	$3.0B	$3.3B	$3.5B
Gross Profit	$2.2B	$2.4B	$3.0B	$3.3B	$3.7B
Gross Margin	51.3%	48.0%	49.8%	50.1%	51.7%
R&D Expenses	$768M	$776M	$882M	$894M	$919M
SG&A Expenses	$348M	$428M	$463M	$561M	$642M
Operating Expenses	$1.1B	$1.2B	$1.3B	$1.5B	$1.6B
Operating Income	$1.1B	$1.2B	$1.6B	$1.9B	$2.1B
Operating Margin	25.2%	24.4%	27.3%	28.3%	29.5%
Interest Expense	$38M	$54M	$36M	$47M	$41M
Income Before Tax	$1.0B	$1.2B	$1.6B	$1.9B	$2.1B
Tax Expense	$209M	$238M	$345M	$363M	$464M
Net Income	$831M	$933M	$1.3B	$1.5B	$1.6B
Net Margin	19.5%	18.3%	21.0%	22.8%	22.3%
EPS (Diluted)	$4.50	$5.09	$6.90	$8.46	$8.96
EBITDA	$1.5B	$1.8B	$2.3B	$2.6B	$2.4B
Shares Outstanding	185M	183M	182M	180M	178M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.6B	$1.7B	$1.8B	$1.8B	$1.8B	$1.8B	$1.8B	$1.9B
Cost of Revenue	$827M	$864M	$857M	$847M	$882M	$867M	$890M	$917M
Gross Profit	$817M	$871M	$933M	$941M	$884M	$935M	$958M	$1.0B
Gross Margin	49.7%	50.2%	52.1%	52.6%	50.1%	51.9%	51.8%	52.6%
R&D Expenses	$212M	$246M	$233M	$225M	$222M	$239M	$245M	$217M
SG&A Expenses	$135M	$159M	$149M	$160M	$160M	$173M	$161M	$188M
Operating Expenses	$347M	$405M	$382M	$385M	$383M	$426M	$406M	$405M
Operating Income	$470M	$466M	$551M	$556M	$501M	$509M	$552M	$613M
Operating Margin	28.6%	26.9%	30.8%	31.1%	28.4%	28.2%	29.9%	31.7%
Interest Expense	$13M	$13M	$13M	$12M	$11M	$5M	$10M	$10M
Income Before Tax	$466M	$472M	$528M	$545M	$489M	$501M	$537M	$600M
Tax Expense	$91M	$86M	$116M	$120M	$108M	$120M	$123M	$138M
Net Income	$374M	$385M	$412M	$424M	$381M	$380M	$413M	$462M
Net Margin	22.8%	22.2%	23.0%	23.7%	21.6%	21.1%	22.3%	23.9%
EPS (Diluted)	$2.08	$2.13	$2.30	$2.38	$2.14	$2.14	$2.34	$2.61
EBITDA	$648M	$658M	$690M	$711M	$570M	$694M	$721M	$763M
Shares Outstanding	180M	179M	179M	178M	178M	178M	177M	176M

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