Ferrari NV's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ferrari NV reported revenue of $7.1B (+7.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net revenues | $7.1B | $6.7B | $6.0B | $5.1B |
| Cost of sales | $3.5B | $3.3B | $3.0B | $2.6B |
| Selling, general and administrative costs | $642.5M | $561.1M | $462.6M | $428.0M |
| Research and development costs | $918.9M | $894.1M | $881.6M | $775.6M |
| Other expenses, net | $34.3M | $12.4M | $18.9M | $21.5M |
| Result from investments | $12.6M | $8.2M | $6.1M | $6.2M |
| Operating profit (EBIT) | $2.1B | $1.9B | $1.6B | $1.2B |
| Financial income | $168.1M | $147.1M | $132.3M | — |
| Financial expenses | $214.2M | $145.9M | $147.3M | — |
| Financial expenses/(income), net | $46.1M | ($1.2M) | $15.0M | $49.6M |
| Profit before taxes | $2.1B | $1.9B | $1.6B | $1.2B |
| Income tax expense | $464.1M | $363.0M | $344.9M | $238.5M |
| Net profit | $1.6B | $1.5B | $1.3B | $939.3M |
| Owners of the parent | $1.6B | $1.5B | $1.3B | $932.6M |
| Non-controlling interests | $2.6M | $4.0M | $5.4M | $6.7M |
| Basic earnings per common share (in € per share) | $8.97 | $8.47 | $6.91 | $5.11 |
| Diluted earnings per common share (in € per share) | $8.96 | $8.46 | $6.90 | $5.09 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Goodwill | $785.2M | $785.2M | $785.2M | $785.2M |
| Intangible assets | $1.6B | $1.5B | $1.4B | $1.3B |
| Property, plant and equipment | $2.1B | $1.8B | $1.6B | $1.5B |
| Investments and other financial assets | $96.4M | $80.8M | $67.7M | $59.5M |
| Deferred tax assets | $226.0M | $236.8M | $217.6M | $203.4M |
| Total non-current assets | $4.8B | $4.5B | $4.1B | $3.8B |
| Inventories | $1.1B | $1.1B | $948.5M | $674.7M |
| Trade receivables | $360.3M | $349.2M | $261.4M | $232.4M |
| Receivables from financing activities | $1.6B | $1.7B | $1.5B | $1.4B |
| Tax receivables | $31.7M | $15.9M | $11.6M | — |
| Other current assets | $159.2M | $137.8M | $130.2M | $153.2M |
| Current financial assets | $78.1M | $25.0M | $61.1M | $87.3M |
| Cash and cash equivalents | $1.5B | $1.7B | $1.1B | $1.4B |
| Total current assets | $4.8B | $5.0B | $4.0B | $4.0B |
| Total assets | $9.6B | $9.5B | $8.1B | $7.8B |
| Equity attributable to owners of the parent | $3.9B | $3.5B | $3.1B | $2.6B |
| Non-controlling interests | $7.8M | $9.3M | $9.7M | $9.6M |
| Total equity | $3.9B | $3.5B | $3.1B | $2.6B |
| Employee benefits | $145.3M | $134.1M | $123.0M | $110.8M |
| Provisions | $184.5M | $206.2M | $187.3M | $180.7M |
| Deferred tax liabilities | $254.4M | $110.0M | $136.8M | $126.5M |
| Debt | $2.9B | $3.4B | $2.5B | $2.8B |
| Other liabilities | $1.4B | $1.1B | $1.0B | $952.0M |
| Other financial liabilities | $7.4M | $61.9M | $13.5M | $20.0M |
| Trade payables | $841.3M | $945.7M | $930.6M | $903.0M |
| Tax payables | $5.0M | $37.9M | $89.3M | $58.6M |
| Total equity and liabilities | $9.6B | $9.5B | $8.1B | $7.8B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents at the beginning of the year | $1.7B | $1.1B | $1.4B | $1.3B |
| Net profit | $1.6B | $1.5B | $1.3B | — |
| Income tax expense | $464.1M | $363.0M | $344.9M | — |
| Amortization and depreciation | $661.9M | $666.8M | $662.3M | $546.2M |
| Provision accruals | $54.5M | $81.5M | $64.8M | $72.3M |
| Result from investments | ($12.6M) | ($8.2M) | ($6.1M) | ($6.2M) |
| Financial income | ($168.1M) | ($147.1M) | ($132.3M) | — |
| Financial expenses | $214.2M | $145.9M | $147.3M | $49.6M |
| Other non-cash expenses, net | $98.2M | $91.9M | $79.8M | $46.7M |
| Change in inventories | ($76.7M) | ($157.5M) | ($309.6M) | ($153.9M) |
| Change in trade receivables | ($20.6M) | ($94.0M) | ($33.4M) | ($48.4M) |
| Change in trade payables | ($59.1M) | $7.7M | $43.3M | $104.0M |
| Change in receivables from financing activities | ($154.6M) | ($118.7M) | ($107.2M) | ($187.9M) |
| Change in other operating assets and liabilities | $222.4M | ($20.0M) | $48.6M | $140.0M |
| Finance income received | $38.0M | $49.7M | $32.4M | $5.2M |
| Finance costs paid | ($126.3M) | ($50.4M) | ($83.2M) | ($37.4M) |
| Income tax paid | ($385.6M) | ($409.8M) | ($292.5M) | ($304.7M) |
| Total cash flows from operating activities | $2.3B | $1.9B | $1.7B | $1.4B |
| Investments in intangible assets | ($458.0M) | ($506.9M) | ($487.1M) | ($456.9M) |
| Investments in property, plant and equipment | ($485.2M) | ($482.3M) | ($381.8M) | ($347.7M) |
| Acquisition of subsidiary and other investments | ($1.4M) | $0 | $0 | ($1.4M) |
| Proceeds from the sale of property, plant and equipment and intangible assets | $400.0K | $2.0M | $2.5M | $578.0K |
| Total cash flows used in investing activities | ($944.1M) | ($987.1M) | ($866.5M) | ($805.4M) |
| Repayments of bonds and notes | ($451.0M) | $0 | ($575.7M) | $0 |
| Proceeds from bonds and notes | $0 | $496.1M | $0 | $0 |
| Repayments of securitizations | ($33.3M) | ($243.6M) | $49.6M | — |
| Proceeds from securitizations | $142.4M | $340.5M | $151.2M | — |
| Repayments of borrowings from banks and other financial institutions | ($378.3M) | ($104.7M) | ($72.5M) | — |
| Proceeds from borrowings from banks and other financial institutions | $400.0M | $225.0M | $250.0M | — |
| Repayments of other debt | ($46.2M) | ($41.3M) | ($35.6M) | — |
| Proceeds from other debt | $42.5M | $51.0M | $34.6M | — |
| Repayments of lease liabilities | ($23.8M) | ($22.0M) | ($17.7M) | ($16.5M) |
| Dividends paid to owners of the parent | ($529.7M) | ($439.9M) | ($328.6M) | ($249.5M) |
| Dividends paid to non-controlling interests | ($4.4M) | ($4.8M) | ($4.9M) | ($2.3M) |
| Share repurchases | ($785.3M) | ($581.1M) | ($460.6M) | ($396.5M) |
| Total cash flows used in financing activities | ($1.7B) | ($324.8M) | ($1.1B) | ($553.6M) |
| Translation exchange differences | ($12.5M) | $5.4M | ($7.7M) | $383.0K |
| Total change in cash and cash equivalents | ($274.5M) | $620.2M | ($266.9M) | $44.8M |
| Cash and cash equivalents at the end of the year | $1.5B | $1.7B | $1.1B | $1.4B |
Ferrari NV score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.