GBAF Logo
Ferrari posts 4% earnings rise in first quarter on premium models, guidance unchanged
Finance

Ferrari posts 4% earnings rise in first quarter on premium models, guidance unchanged

Published by Global Banking & Finance Review

Posted on May 5, 2026

1 min read

· Last updated: May 5, 2026

Add as preferred source on Google
Finance Banking Markets

Ferrari posts 4% earnings rise in first quarter on premium models, guidance unchanged

Ferrari Q1 2026 Earnings Report Overview

Correction Notice

(Corrects to says millions and not billions in paragraph 2)

Financial Performance Highlights

Core Earnings Growth

MILAN, May 5 (Reuters) - Luxury sportscar maker Ferrari said on Tuesday its core earnings rose 4% in the first quarter, thanks to higher demand for personalisations of its vehicles and sales of higher price models such as the F80 supercar.

EBITDA and Analyst Expectations

The company said its earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 722 million euros ($843.58 million) in the January-March period, slightly topping a 705 million euro analyst consensus in a Reuters poll.

Stock Market Reaction

Milan-listed shares in Ferrari, which confirmed its forecasts for the full-year 2026, turned negative after first quarter results were published. They were down 0.8% by 1110 GMT.

Exchange Rate Information

($1 = 0.8559 euros)

Reporting Credits

(Reporting by Giulio Piovaccari, editing by Gianluca Semeraro)

Key Takeaways

  • Q1 2026 net revenues reached €1.848 billion (+3% reported, +6% constant currency), with EBITDA of €722 million (+4%; margin 39.1%) and net profit €413 million (EPS €2.33) (globenewswire.com).
  • Strong demand for personalizations, enriched product mix (including ramp‑up of the F80 supercar and Special Series), and favorable regional mix boosted earnings (globenewswire.com).
  • Ferrari confirmed its 2026 guidance (~€7.50 billion net revenues; adj. EBITDA ≥€2.93 billion; adj. EPS ≥€9.45), supported by robust order book into 2027, while noting negative FX impact, rising D&A, and continued investments (globenewswire.com).

References

Frequently Asked Questions

What caused Ferrari's earnings to rise in Q1?
Ferrari's earnings rose due to higher demand for vehicle personalisations and sales of premium models like the F80 supercar.
How much were Ferrari's Q1 EBITDA earnings?
Ferrari reported EBITDA of 722 billion euros in the first quarter.
Did Ferrari change its full-year 2026 guidance after Q1 results?
No, Ferrari confirmed its forecasts for the full-year 2026 and left guidance unchanged.
How did Ferrari shares react after the Q1 results?
Milan-listed Ferrari shares turned negative and fell 0.8% after the results were published.

Tags

Related Articles

Image for Hungary competition watchdog launches probe into Indamedia's purchase of Ringier assets

Hungary competition watchdog launches probe into Indamedia's purchase of Ringier assets

Image for US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

Image for LakeFusion Raises $7.5M Seed Financing to Redefine Master Data Management (MDM) Natively on Databricks

LakeFusion Raises $7.5M Seed Financing to Redefine Master Data Management (MDM) Natively on Databricks

Image for Ukraine Q1 GDP shrinks 0.5% year-on-year, statistics service says

Ukraine Q1 GDP shrinks 0.5% year-on-year, statistics service says

Image for Israeli strikes kill two Palestinians in Gaza, medics say

Israeli strikes kill two Palestinians in Gaza, medics say

Image for Novartis to cut 220 jobs as it closes German site

Novartis to cut 220 jobs as it closes German site

More from Finance

Explore more articles in the Finance category

Image for Young Europeans turn to AI chatbots for emotional support, survey shows
Young Europeans turn to AI chatbots for emotional support, survey shows
Image for Ukraine steps up medium-range strikes on Russian forces
Ukraine steps up medium-range strikes on Russian forces
Image for Prysmian explores $4.68 billion M&A as hyperscaler deals near, Bloomberg News reports
Prysmian explores $4.68 billion M&A as hyperscaler deals near, Bloomberg News reports
Image for ING settles Belgium money laundering probe for 1.6 million euros
ING settles Belgium money laundering probe for 1.6 million euros
Image for GlobalFoundries forecasts upbeat second quarter on data center demand
GlobalFoundries forecasts upbeat second quarter on data center demand
Image for Alphabet taps euro bond market with six-tranche offering
Alphabet taps euro bond market with six-tranche offering
Image for Irish data protection agency launches inquiry into Shein Ireland
Irish data protection agency launches inquiry into Shein Ireland
Image for Schaeffler sees humanoid robotics orders in three-digit million euros by 2030
Schaeffler sees humanoid robotics orders in three-digit million euros by 2030
Image for Bank of England projects 125 billion pound loss for QE programme
Bank of England projects 125 billion pound loss for QE programme
Image for Coinbase to cut about 14% of workforce
Coinbase to cut about 14% of workforce
Image for Meta to expand teen safeguards to 27 EU countries, Facebook safeguards in June
Meta to expand teen safeguards to 27 EU countries, Facebook safeguards in June
Image for Harley-Davidson bets on affordable models, dealer network in latest turnaround effort
Harley-Davidson bets on affordable models, dealer network in latest turnaround effort
View All Finance Posts