Ferrari reports 5% profit rise despite flat deliveries
Ferrari reported 2025 deliveries of just over 13,500 vehicles — down 112 units YoY — but net profit rose 5% to 1.6 billion euros ($1.67 billion). Industrial free cash flow jumped 50% to 1.538 billion euros ($1.6 billion), with total revenue up 8% to 7.146 billion euros ($7.46 billion). Around 5,000 employees will receive bonuses of up to 14,900 euros ($15,550). Ferrari deliberately held volume steady to support major model renewal, a strategy continuing into 2026. EMEA remained the largest market with 6,346 deliveries. China, Hong Kong, Macau, and Taiwan saw a decline of 221 units to 941. The all-electric Luce debuts in Rome on May 25.
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