Ferrari posts 4% earnings rise in first quarter on premium models, guidance unchanged

Ferrari NV

05/05/2026 12:15

Corrects to says millions and not billions in paragraph 2

MILAN, May 5 (Reuters) - Luxury sportscar maker Ferrari RACE.MI said on Tuesday its core earnings rose 4% in the first quarter, thanks to higher demand for personalisations of its vehicles and sales of higher price models such as the F80 supercar.

The company said its earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 722 million euros ($843.58 million) in the January-March period, slightly topping a 705 million euro analyst consensus in a Reuters poll.

Milan-listed shares in Ferrari, which confirmed its forecasts for the full-year 2026, turned negative after first quarter results were published. They were down 0.8% by 1110 GMT.

($1 = 0.8559 euros)

 (Reporting by Giulio Piovaccari, editing by Gianluca Semeraro)

 ((giulio.piovaccari@thomsonreuters.com))