Ferrari Posts 413 Million Euro Profit in Q1 2026
Translated from Spanish, summarized and contextualized by DistantNews.
TLDR
- Ferrari reported a net profit of 413 million euros in the first quarter of 2026, a slight 1% increase year-on-year.
- Net revenues rose 3% to 1.848 billion euros, driven by product offerings and customization.
- Vehicle deliveries decreased by 157 units to 3,436, a planned reduction to manage model transitions.
The Italian luxury sports car manufacturer Ferrari has announced its financial results for the first quarter of 2026, revealing a net profit of 413 million euros. This figure represents a modest 1% increase compared to the same period in the previous year. The company's CEO, Benedetto Vigna, attributed the growth in net revenues, which reached 1.848 billion euros (a 3% year-on-year rise), to a robust product catalog and a surge in customization options.
Ferrari also highlighted the positive contributions from sponsorships and the supply of engines to other Formula 1 teams. While automotive sales and spare parts generated over 1.5 billion euros, the brand and sponsorship division added 218 million euros to the company's coffers. The earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a 4% increase to 722 million euros, while earnings before interest and taxes (EBIT) grew by 1% to 548 million euros.
The company highlighted the increase in revenue from sponsorships and the positive contribution of supplying engines to other Formula 1 teams.
Despite the financial growth, Ferrari delivered fewer vehicles during the first three months of 2026, with 3,436 units handed over, a decrease of 157 units from the prior year. This reduction was observed across all geographical regions, with a notable drop in the EMEA market. The company stated that this planned decrease was to facilitate model changes in its production line and was not impacted by geopolitical events in the Middle East. Ferrari reaffirmed its full-year revenue forecast for 2026, expecting net revenues of 7.5 billion euros, up from 7.15 billion euros in 2025, driven by increased model profitability and brand value investments.
The reduction was deliberately planned to facilitate model changes in our production line and our deliveries were not affected by the emergence of hostilities in the Middle East, thanks to flexibility in geographic allocation that allowed us to anticipate some deliveries to other regions.
DistantNews Editorial
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
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