Ferrari RACE Q2 2026: Earnings Beat, Guidance Raised, Orders Sold Through 2027
As seen on the 24/7 Wall St. homepage on July 30, 2026.
Ferrari beat estimates on both earnings and revenue while raising full-year guidance, powered by robust personalization demand and an order book that extends entirely through 2027, undercutting concerns about geopolitical headwinds on ultra-luxury spending.
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Ferrari reported Q2 2026 earnings per share of $2.62, topping the $2.48 consensus estimate by roughly 6%. Revenue came in at $1.94 billion, beating expectations of $1.87 billion by about 3.6%. The company also raised its full-year guidance, signaling management's confidence heading into the back half of 2026.
The results were driven by robust demand for personalized vehicles, where buyers pay meaningful premiums to configure cars to their exact specifications — a high-margin business that continues to expand. Ferrari's order book is booked entirely through 2027, which effectively neutralizes near-term concerns about geopolitical uncertainty weighing on ultra-luxury spending.
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The quarter also extends Ferrari's strong recent run of beating estimates. Over the past eight quarters, the company has topped EPS expectations in seven of them, with the lone miss coming in Q4 2025 when it reported $2.14 against a $2.20 estimate. The fully sold-out order book and raised guidance suggest that streak is unlikely to face immediate pressure.
Mentioned: RACE