Ferrari Q3 2025 Earnings Beat Estimates with Strong Revenue Growth

Ferrari had another great quarter, with both profit and revenue higher than what analysts expected. The luxury sports car brand reported net revenue of €1.77 billion in the third quarter of 2025, up 7.4% from the same time last year. Net profit reached €382 million, while earnings per share came in at €2.14, beating market forecasts.

Even though Ferrari shipped about the same number of cars as last year (3,401 units), its earnings still grew. This was mainly because of higher-priced models like the SF90 XX and 12Cilindri, along with more customizations requested by customers. These personal touches cost extra, but they also bring in more profit for the company.

Operating profit rose 7.6% year over year to €503 million, with a strong operating margin of 28.4%. Ferrari’s EBITDA grew 5% to €670 million. This shows how well the company is managing costs and keeping demand steady. It also generated €365 million in free cash flow during the quarter.

CEO Benedetto Vigna said Ferrari’s strong pricing isn’t just about charging more for the same cars. Instead, the company focuses on building better, more advanced models that customers are willing to pay more for.

After announcing the results, shares of Ferrari went up about 3%, recovering some ground after the drop of the last month. The company also raised its outlook for 2025. It now expects annual revenue of at least €7.1 billion and adjusted EBITDA of €2.72 billion or more.

Hybrid cars of Ferrari made up 43% of deliveries in Q3, showing its smooth progress toward electrification. With its first fully electric car in development, Ferrari is keeping its focus on innovation, style, and strong financial performance.