In the second quarter of 2025, Ferrari recorded robust financial results that confirm the brand’s solidity in the high -performance luxury segment. Net revenues stood at 1.787 million euros, growing 4.4%compared to the same period of 2024. Ebit reached 552 million euros (+8.1%) with an operating margin of 30.9%, while the Ebitda increased by 5.9%to 709 million euros, with a margin of 39.7%. A profit for diluted action of 2.38 euros, marking an increase of 4%.
Stable deliveries
Total deliveries remained substantially unchanged to 3,494 units, in the face of a careful allocation strategy aimed at preserving the exclusivity of the brand. The 296 GTS models, thoroughbreds and Rome Spider, with an increasing contribution of the SF90 XX and 12cilinders families were towed. The incidence of hybrid engines reached 45%, while ICE represent the remaining 55%. Despite the weak trend in China (-14%), the positive performance in the Americas (+1%) and in Emea (+4%in the semester) supported the favorable geographical mix.
Brand and Lifestyle
The revenues deriving from sponsorships, commercial and brand activities have marked a considerable increase of 21.9% in the quarter, reaching 205 million euros. This was possible thanks to the increase in sponsorships, commercial revenues related to Formula 1 and the growth of the Lifestyle sector. “The first half of 2025 reminded us once again the importance of agility and flexibility in the management of our company. Today’s excellent results reflect our commitment in currently our strategy with discipline and concentration. We continue to promote innovation and enrich our product portfolio, fueling an already solid order portfolio. Amalfi, a coupe that redefines the concept of contemporary Gran Turismo, “said Benedetto Vigna, CEO of Ferrari.
Guidance 2025 confirmed upward
Ferrari confirmed greater trust in estimates for the entire year 2025, providing for revenues of over 7 billion euros and an ebitda of at least 2.68 billion (+5% compared to 2024). The removal of the risk linked to the duties on EU imports to the US and the forecast of lower industrial costs further strengthen the guidance. The industrial free cash flow has touched 232 million in the quarter and the available liquidity amounts to 2.1 billion.
