Q3 25 EPS
$2.50
BEAT +22.53%
Est. $2.04
Q3 25 Revenue
$2.07B
BEAT +20.77%
Est. $1.71B
vs S&P Since Q3 25
-11.0%
TRAILING MARKET
RACE -1.0% vs S&P +9.9%
Market Reaction
Did RACE Beat Earnings? Q3 2025 Results
Ferrari delivered a standout third quarter for fiscal 2025, posting earnings per share of $2.50 against a consensus estimate of $2.04, a beat of 22.53%, while revenue of $2.07 billion topped expectations by 20.77% and grew 7.4% year over year. The ou… Read more Ferrari delivered a standout third quarter for fiscal 2025, posting earnings per share of $2.50 against a consensus estimate of $2.04, a beat of 22.53%, while revenue of $2.07 billion topped expectations by 20.77% and grew 7.4% year over year. The outperformance was driven primarily by a richer product mix, as deliveries of the SF90 XX and 12Cilindri families, combined with surging personalization revenue, more than offset flat shipment volumes of 3,401 units and a negative $22.22 million currency headwind from the weaker U.S. Dollar. EBIT margins held firm at 28.4%, translating to $588.36 million in operating profit, even as higher U.S. Import tariffs weighed on costs. Sponsorship and brand revenue climbed 21% to $246.81 million, reflecting Ferrari's stronger Formula 1 commercial positioning. Looking ahead, management raised its full-year 2025 guidance, now targeting net revenues of at least $8.30 billion and adjusted diluted EPS of at least $10.29, supported by favorable mix trends and stronger advance collections tied to the upcoming F80 supercar.
Key Takeaways
- • Richer product mix driven by SF90 XX and 12Cilindri families
- • Higher contribution from personalization
- • Strong sponsorship and lifestyle activities growth (+21% YoY)
- • Better Formula 1 commercial revenues from improved 2024 ranking
- • Stable shipment volumes at 3,401 units
RACE YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
RACE Revenue by Segment
With YoY comparisons, source: SEC Filings
RACE Revenue by Geography
With YoY comparisons, source: SEC Filings
RACE Earnings Trends
RACE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
RACE EPS Trend
Earnings per share: estimate vs actual
RACE Revenue Trend
Quarterly revenue: estimate vs actual
RACE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.37 | $2.69 | +13.26% | $2.13B | +16.55% |
| Q4 25 BEAT FY | $2.20 | $2.50 | +13.93% | $2.11B | +18.35% |
| FY Full Year | — | $10.48 | — | $8.36B | — |
| Q3 25 BEAT | $2.04 | $2.50 | +22.53% | $2.07B | +20.77% |
| Q2 25 BEAT | $2.31 | $2.78 | +20.54% | $2.09B | +14.06% |
| Q1 25 BEAT | $2.25 | $2.30 | +2.39% | $1.79B | +0.91% |