𝐅𝐞𝐫𝐫𝐚𝐫𝐢 𝐐𝟑 𝟐𝟎𝟐𝟔: 𝐏𝐫𝐨𝐟𝐢𝐭 𝐉𝐮𝐦𝐩𝐬 𝟏𝟑% 𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐋𝐨𝐰𝐞𝐫 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐢𝐞𝐬, 𝐑𝐚𝐢𝐬𝐞𝐬 𝐅𝐘𝟐𝟔 𝐆𝐮𝐢𝐝𝐚

$RACE (-0.8%)

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📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬 (𝐏𝐫𝐞𝐥𝐢𝐦𝐢𝐧𝐚𝐫𝐲, 𝐔𝐧𝐚𝐮𝐝𝐢𝐭𝐞𝐝)

• Revenue: €1.896B (+7% YoY; +10% constant currency)

• Diluted EPS: €2.44 vs. €2.14 YoY (+14%)

• Net Profit: €431M (+13% YoY)

• Operating Profit (EBIT): €563M (+12% YoY)

• EBIT Margin: 29.7% vs. 28.4% YoY

• EBITDA: €753M (+12% YoY)

• EBITDA Margin: 39.7% vs. 37.9% YoY

• Industrial Free Cash Flow: €567M (+43% YoY)

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🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 (𝐅𝐘𝟐𝟔, 𝐑𝐚𝐢𝐬𝐞𝐝)

• Revenue: ~€7.65B (prior ~€7.60B)

• Adjusted EBITDA: ≥€3.00B (prior ≥€2.97B)

• Adjusted EBITDA Margin: ≥39.2% (prior ≥39.0%)

• Adjusted EBIT: ≥€2.285B (prior ≥€2.26B)

• Adjusted EBIT Margin: ≥29.8% (prior ≥29.5%)

• Adjusted Diluted EPS: ≥€9.85 (prior ≥€9.68)

• Industrial Free Cash Flow: Up to €1.65B (prior ≥€1.55B)

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📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Vehicle deliveries declined to 3,368 from 3,401 YoY as Ferrari executed planned model transitions

• Higher-margin vehicle mix and increased personalizations drove revenue and profit growth

• F80 supercar deliveries and Ferrari 296 Speciale family personalizations supported profitability

• Cars & Spare Parts revenue +7% YoY to €1.586B

• Sponsorship, Commercial & Brand revenue +4% YoY to €220M

• Order book extends into 2028, with two additional model launches planned for 2026

• Net Industrial Cash reached €219M vs. €131M net debt in Q2

• YTD Revenue: €5.682B (+6% YoY)

• YTD Industrial Free Cash Flow: €1.496B (+23% YoY)

• Continued execution of ~€3.5B share repurchase program through 2030

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💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲

“Our order book now reaches into 2028, and we still have two more launches to come this year.” — CEO Benedetto Vigna