Ferrari has revised its forecasts for 2026 upwards

In the second quarter, Ferrari reported net revenue of €1.9 billion, up 8% on the previous year (+11% at constant exchange rates), an operating profit of €605 million, with a margin of 31.2 per cent, up 10 per cent on the previous year (+16 per cent at constant exchange rates), and a net profit of €463 million, up 9 per cent. The Maranello-based company has revised its 2026 guidance upwards, with net revenue now forecast at around €7.6 billion (previously €7.5 billion).

EBITDA stood at 755 million, with a margin of 39 per cent, up 7 per cent on the previous year (+12 per cent at constant exchange rates). Industrial free cash flow stood at 276 million, up 39 per cent on the previous year.

“The solid results for the second quarter reflect our discipline in execution and the continued effectiveness of our strategy. The sustained trend in customisation is enabling us to raise our guidance for 2026,” commented Benedetto Vigna, CEO of Ferrari. “In a single quarter, we have unveiled the Ferrari Luce and the Ferrari 12Cilindri Manuale: two sports cars that are profoundly different from one another but which embody the same Ferrari DNA, demonstrating our ability to uniquely combine tradition and innovation. Today we have the most comprehensive range in Ferrari’s history and continue to see sustained demand, with an order book that is fully booked through to 2027.”

Ferrari has already met its 2026 sales target for the Luce, its first all-electric model, thanks largely to strong demand from China. This is according to the Financial Times, which cites its own sources. The Maranello-based manufacturer has not confirmed this. Ferrari has not disclosed the sales target for the Luce, but according to the Financial Times’ sources, the aim was to sell just under 500 units of the electric car in 2026, with prices starting at €550,000.