Ferrari, net profit flies to 412 million (+17%) thanks to Rome Spider and 296 GTS. The first electric from October 2026

« It was another great beginning of the year. » Benedict Vigna Greet the first three months of 2025 with results to be framed thanks to the increase in deliveries and the mix produced as well as customizations. So much so that the Guidance includes an invariated turnover of over 7 billion and an Adjusted margin at least 2.68 billion in spite of the duties (the American price list will be up to the upnate Maranello).
«Once again, he finds confirmation our strategy that aims at quality of revenues rather than volumes. We continue to enrich our offer of products, in line with our plans, with six new models during the year, including the 296 Special and Roma Spider»Explains the CEO, which announces the electric Ferrari For next year: « It is a masterpiece of unique technology, design and characteristics. Starting from October, on the occasion of our Capital Markets Day – illustrates – we will show you the technological heart of the electric Ferrari. At the beginning of 2026 we will offer you a taste of the interior design look and concepts. A few months later, in the spring next year, the journey will culminate with the world preview. We will reveal this harmonious mix of technology and design. As expected, deliveries of the Electric Ferrari will begin a few months later, in October 2026 ».

Well the reduction of debt, Rome drives deliveries

Coming to the quarterly, the Cavallino – controlled by Exor, Holding of the Elkann-Agnelli family – He totaled net revenues for 1.79 billion euros, growing by 13% compared to the previous year. Total deliveries stood at 3,593 units (33 more). The net profit is equal to 412 million, 17% more than the same period of 2024, operational profit (EBIT) to 542 million, an increase of 22.7% with a margin of the operational profit equal to 30.3%. The debt containment strategy continues, which passed from 180 million on 31 December to 49 million of these first three months of the year. Numbers that put the turbo to the stock market: +2%.

Europe and the Middle East flywheel

The geographical distribution of deliveries – explains Ferrari – reflects the allocation strategy of the company to preserve the exclusivity of the brand. The EMEA region recorded an increase of 128 units, the Americas of 25 units, while continental China, Hong Kong and Taiwan have seen a decrease of 80 units (the 12 -cylinder was very impressed by taxes in China, « the other car that we will present this year will be more suitable for that market », said Vigna) and the 40 unit region of 40 units. The increase in sales in the quarter was drew by Ferrari Roma Spider and 296 GTS, the SF90 XX family and the thoroughbred SUV. During the quarter, the deliveries of the 12cilinders increased and the first deliveries of the Spider 12cilinders began. The sales of the 296 GTB decreased, the SF90 Spider approached the end of the life cycle, while for the 812 competition A they ended. Daytona SP3 deliveries decreased slightly compared to the previous year, in line with the plans. The products delivered during the quarter includes eight models with internal combustion engine (ICE) and five hybrid motor models, which represent 51% and 49% of total deliveries respectively. The deliveries will cover the whole 2025 and 2026 thanks to the 12 -cylinder coupe and spider.

The duties and the impact on the red

« Until now we do not see specific impact of the duties, but we remain vigilant: the customers appreciated the fact that we immediately communicated our commercial decisions clearly, illustrating what we wanted to do with our contribution to this increase in prices, » Vigna stressed. « We do not want customers to pay everyone » the increases related to the duties, he adds, specifying that « some models will not have increases for others will be at most 10% ».