RACE on NYSE

Ferrari N.V.

Logo: Ferrari, Public domain, via Wikimedia Commons4

Ferrari N.V. is a Dutch holding company that controls Ferrari based in Maranello, founded in 2013.1 It was founded by Fiat S.p.A.1 It is part of Exor.1 Its shares trade on NYSE under the symbol RACE.1

Price unavailable

Last updated Oct 20, 2026.

Overview

7.1BRevenue, fiscal 20255
1.6BNet income, fiscal 20255
May 24, 2013Founded1

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  • TickerRACE on NYSE1
  • Industryautomotive industry1
  • HeadquartersAmsterdam1
  • Founded inAmsterdam1
  • Websitecorporate.ferrari.com
  • Legal formpublic company1
  • Listed onItalian Stock Exchange (RACE), New York Stock Exchange (RACE)1
  • Incorporated inNetherlands6
  • Business addressVia Abetone Inferiore N. 4, Maranello, L6 I-410536
  • Filer categoryLarge accelerated filer6
  • LEI549300RIVY5EX8RCON763
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressVia Abetone Inferiore N.4 I, 1175 RA Maranello, Netherlands3
  • Registered withThe Netherlands Chamber of Commerce, 640609773

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.

Key numbers, fiscal 2025

29.5%Operating margin5
22.4%Net margin5
7.0%Revenue growth, 20255
40.9%Return on equity5
1.9B EURFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Cars and Spare Parts brought in 84% of the revenue Ferrari N.V. broke down this way in fiscal 2025.

  1. Cars and Spare Parts6.0B EUR584%up 5% from 2024
  2. Sponsorship, Commercial and Brand819.6M EUR511%up 22% from 2024
  3. Other Revenues321.0M EUR54%up 15% from 2024
Products and services by year
Products and services202320242025
Cars and Spare Parts5.1B EUR5.7B EUR6.0B EUR
Sponsorship, Commercial and Brand571.8M EUR669.8M EUR819.6M EUR
Other Revenues279.2M EUR279.2M EUR321.0M EUR

Regions

United States brought in 36% of the revenue Ferrari N.V. broke down this way in fiscal 2025.

  1. United States2.0B EUR536%up 3% from 2024
  2. APAC Excluding China877.3M EUR516%up 10% from 2024
  3. United Kingdom617.4M EUR511%down 5% from 2024
  4. Germany576.4M EUR510%up 5% from 2024
  5. Italy527.7M EUR510%up 14% from 2024
  6. Mainland China, Hong Kong And Taiwan491.3M EUR59%down 9% from 2024
  7. China311.7M EUR56%down 20% from 2024
  8. Netherlands118.8M EUR52%up 38% from 2024
Regions by year
Regions202320242025
United States1.5B EUR1.9B EUR2.0B EUR
APAC Excluding China752.3M EUR800.3M EUR877.3M EUR
United Kingdom625.9M EUR652.4M EUR617.4M EUR
Germany493.9M EUR549.1M EUR576.4M EUR
Italy442.8M EUR462.8M EUR527.7M EUR
Mainland China, Hong Kong And Taiwan583.8M EUR539.5M EUR491.3M EUR
China479.9M EUR390.5M EUR311.7M EUR
Netherlands68.6M EUR85.8M EUR118.8M EUR

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue48¢3.5B EUR
  • Research and development13¢918.9M EUR
  • Selling, general and admin9¢642.5M EUR
  • Interest1¢99.2M EUR
  • Income tax6¢464.1M EUR
  • Profit22¢1.6B EUR

Out of 7.1B EUR in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending21¢485.2M EUR
  • Kept or used elsewhere79¢1.9B EUR

Out of 2.3B EUR of cash from operations.5

Financial statements

Revenue789101157.1B EUR in 2025+109% since 2018
02.0B EUR4.0B EUR6.0B EUR8.0B EUR2018: 3.4B EUR3.4B EUR20182019: 3.8B EUR3.8B EUR2019+10%2020: 3.5B EUR3.5B EUR2020−8%2021: 4.3B EUR4.3B EUR2021+23%2022: 5.1B EUR5.1B EUR2022+19%2023: 6.0B EUR6.0B EUR2023+17%2024: 6.7B EUR6.7B EUR2024+12%2025: 7.1B EUR7.1B EUR2025+7%
Operating income789101152.1B EUR in 2025+155% since 2018
01.0B EUR2.0B EUR3.0B EUR2018: 826.5M EUR826.5M EUR20182019: 917.4M EUR917.4M EUR2019+11%2020: 716.1M EUR716.1M EUR2020−22%2021: 1.1B EUR1.1B EUR2021+50%2022: 1.2B EUR1.2B EUR2022+14%2023: 1.6B EUR1.6B EUR2023+32%2024: 1.9B EUR1.9B EUR2024+17%2025: 2.1B EUR2.1B EUR2025+12%
Net income789101151.6B EUR in 2025+103% since 2018
0500.0M EUR1.0B EUR1.5B EUR2.0B EUR2018: 786.6M EUR786.6M EUR20182019: 698.7M EUR698.7M EUR2019−11%2020: 608.9M EUR608.9M EUR2020−13%2021: 833.1M EUR833.1M EUR2021+37%2022: 939.3M EUR939.3M EUR2022+13%2023: 1.3B EUR1.3B EUR2023+34%2024: 1.5B EUR1.5B EUR2024+21%2025: 1.6B EUR1.6B EUR2025+5%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Net revenues7.1B EUR6.7B EUR6.0B EUR
Cost of sales3.5B EUR3.3B EUR3.0B EUR
Selling, general and administrative costs642.5M EUR561.1M EUR462.6M EUR
Research and development costs918.9M EUR894.1M EUR881.6M EUR
Other expenses, net34.3M EUR12.4M EUR18.9M EUR
Result from investments12.6M EUR8.2M EUR6.1M EUR
Operating profit (EBIT)2.1B EUR1.9B EUR1.6B EUR
Financial income168.1M EUR147.1M EUR132.3M EUR
Financial expenses214.2M EUR145.9M EUR147.3M EUR
Financial expenses/(income), net46.1M EUR-1.2M EUR15.0M EUR
Profit before taxes2.1B EUR1.9B EUR1.6B EUR
Income tax expense464.1M EUR363.0M EUR344.9M EUR
Net profit1.6B EUR1.5B EUR1.3B EUR
Owners of the parent1.6B EUR1.5B EUR1.3B EUR
Non-controlling interests2.6M EUR4.0M EUR5.4M EUR
Basic earnings per common share (in per share)8.97 EUR8.47 EUR6.91 EUR
Diluted earnings per common share (in per share)8.96 EUR8.46 EUR6.90 EUR

Compare Ferrari N.V. with another company

Corporate structure

Ferrari N.V. is part of a group headed by Giovanni Agnelli. 278 entities, 35 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Ferrari N.V.

  • N.v. Exor Filed SCHEDULE 13D/A on Ferrari N.V., latest Jan 6, 2026 (4 filings since Dec 19, 2022)
  • Giovanni Agnelli Amsterdam
    • Exor 51.87% · Amsterdam, Netherlands
      • Juventus FC 64% · Torino, Italy
        • JOFC Corato Subsidiary · Metropolitan City of Bari, Italy
        • Juventus F.C. Next Gen Subsidiary · Italy
        • Juventus F.C. Women Subsidiary · Italy
        • Juventus F.C. Youth Sector Subsidiary · Italy
      • Ferrari N.V. 22.91% · Maranello, Italy
        • Ferrari 100% · Maranello, Italy
          • 2 more
        • FERRARI AUTO SECURITIZATION TRANSACTION, LLC Subsidiary · Englewood Cliffs, New Jersey, United States
      • GEDI Gruppo Editoriale Torino, Italy
        • A. Manzoni & C. Milano, Italy
        • L'Espresso Subsidiary · Italy
        • La Repubblica Subsidiary · Italy
      • Iveco Group Turin, Italy
        • FPT Turin, Italy
        • Heuliez Bus Mauléon, France
        • Iveco Turin, Italy
          • 10 more
        • Iveco Czech Republic Vysoké Mýto, Czechia
        • 2H ENERGY Subsidiary · Fécamp, France
        • EVCO GMBH Subsidiary · Ulm, Germany
        • FPT ARGENTINA S. A. Subsidiary · Buenos Aires, Argentina
        • FPT INDUSTRIAL BRASIL LTDA. Subsidiary · Contagem, Brazil
        • FPT INDUSTRIAL INDIA PRIVATE LIMITED Subsidiary · New Delhi, India
        • FPT POWERTRAIN TECHNOLOGIES FRANCE Subsidiary · Garchizy, France
        • IC FINANCIAL SERVICES Subsidiary · Guyancourt, France
        • IC FINANCIAL SERVICES UK LIMITED Subsidiary · Basildon, United Kingdom
        • IVECO (SCHWEIZ) AG Subsidiary · Kloten, Switzerland
        • IVECO CAPITAL SERVICES S.R.L. Subsidiary · Glina, Romania
        • IVECO CAPITAL SOLUTIONS S.P.A. Subsidiary · Turin, Italy
        • IVECO DANMARK A/S Subsidiary · Albertslund, Denmark
        • IVECO DEUTSCHLAND AKTIENGESELLSCHAFT Subsidiary · Ulm, Germany
        • Iveco Espana Subsidiary · Spain
        • IVECO ESPAÑA SL Subsidiary · Madrid, Spain
        • IVECO FRANCE Subsidiary · Vénissieux, France
        • IVECO GROUP KOREA LLC (이베코 그룹 코리아 엘엘씨) Subsidiary · Gwangju, South Korea
        • IVECO GROUP SWITZERLAND SA Subsidiary · Mendrisio, Switzerland
        • IVECO LIMITED Subsidiary · Basildon, United Kingdom
        • IVECO NORGE AS Subsidiary · Lysaker, Norway
        • IVECO Sweden Aktiebolag Subsidiary · Helsingborg, Sweden
        • and 4 more
      • Cushman & Wakefield Subsidiary · New York, New York, United States
      • The Economist Group Stake · 43.4% · London, United Kingdom
      • Fiat S.p.A. Stake · 30.06% · Turin, Italy
      • Fiat Industrial Stake · 30.01% · Torino
        • CNH Subsidiary · Amsterdam
          • 1 more
      • Stellantis Stake · 29.16% · Hoofddorp, Netherlands
      • Fiat Chrysler Automobiles Stake · 28.7% · Amsterdam
      • CNH Industrial Stake · 26.94% · Basildon, United Kingdom
        • CNH Industrial (Canada) 100% · Ottawa, Ontario, Canada
        • CNH Industrial Capital LLC 100% · Wilmington, Delaware, United States
        • New Holland Construction Subsidiary · 100% · Torino
        • Braud Subsidiary · Saint-Mars-la-Jaille
        • Case IH Subsidiary · Racine
        • CNH Industrial (Belgium) Subsidiary · Zedelgem, Belgium
        • New Holland Subsidiary · Des Moines, Iowa, United States
        • Steyr Tractor Subsidiary · Sankt Valentin
        • Usine CNH Industrial de Croix Subsidiary · Croix
        • "CNH INDUSTRIAL POLSKA" SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ Subsidiary · 100% · Płock, Poland
        • CNH Argentina S.A. Subsidiary · 100% · Buenos Aires, Argentina
        • CNH CAPITAL OPERATING LEASE EQUIPMENT RECEIVABLES LLC Subsidiary · 100% · Wilmington, Delaware, United States
        • CNH CAPITAL RECEIVABLES LLC Subsidiary · 100% · Wilmington, Delaware, United States
        • CNH COMPONENTES SA DE CV Subsidiary · 100% · Queretaro, Mexico
        • CNH INDUSTRIAL AMERICA LLC Subsidiary · 100% · Wilmington, Delaware, United States
        • CNH INDUSTRIAL ASIAN HOLDING LIMITED Subsidiary · 100% · Zedelgem, Belgium
        • CNH INDUSTRIAL AUSTRALIA PTY LIMITED Subsidiary · 100% · St Marys, Australia
          • 1 more
        • CNH INDUSTRIAL BRASIL LTDA. Subsidiary · 100% · Contagem, Brazil
        • CNH INDUSTRIAL CAPITAL AMERICA LLC Subsidiary · 100% · Wilmington, Delaware, United States
        • CNH INDUSTRIAL CAPITAL ARGENTINA S.A. Subsidiary · 100% · Ciudad Autonoma Buenos Aires, Argentina
        • CNH INDUSTRIAL CAPITAL CANADA LTD. Subsidiary · 100% · Calgary, Alberta, Canada
          • 1 more
        • CNH INDUSTRIAL CAPITAL SOLUTIONS S.P.A. Subsidiary · 100% · Torino, Italy
        • CNH INDUSTRIAL DANMARK A/S Subsidiary · 100% · Albertslund, Denmark
        • CNH INDUSTRIAL DEUTSCHLAND GMBH Subsidiary · 100% · Heilbronn, Germany
        • CNH INDUSTRIAL FRANCE Subsidiary · 100% · Morigny-Champigny, France
        • and 27 more
      • IFIL Stake · 20.32% · Turin, Italy
      • Banca Leonardo S.p.A. Stake · 16.51% · Milan
      • Welltec Stake · 13% · Allerød, Denmark
      • Exor Nederland N.V. Subsidiary · 100% · Amsterdam, Netherlands
      • EXOR INVESTMENTS LIMITED Subsidiary · London, United Kingdom
      • Fondazione Giovanni Agnelli Subsidiary · Italy
      • LINGOTTO (US) LLC Subsidiary · Wilmington, Delaware, United States
        • LINGOTTO MOSAIC FUND I-A, LP Fund · Wilmington, Delaware, United States
        • LINGOTTO MOSAIC FUND I-C, LP Fund · Wilmington, Delaware, United States
    • Exor Group Subsidiary · Luxembourg, Luxembourg

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Ferrari N.V. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net2.1B EUR5 Dec 31, 20251.8B EUR5 Dec 31, 2024+12.5%
Operating-lease assets (leased space)146.3M EUR5 Dec 31, 2025116.4M EUR5 Dec 31, 2024+25.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents1.5B EUR5 Dec 31, 20251.7B EUR5 Dec 31, 2024−15.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill785.2M EUR5 Dec 31, 2025785.2M EUR5 Dec 31, 20240%
Intangible assets, net (excluding goodwill)1.6B EUR5 Dec 31, 20251.5B EUR5 Dec 31, 2024+6.0%

Inventory

ItemLatestA year beforeChange
Inventory, total1.1B EUR5 Dec 31, 20251.1B EUR5 Dec 31, 2024+2.4%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Fiat S.p.A. on May 24, 2013, in Amsterdam.1

Products and brands

  • sports car
  • supercar

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

From Wikidata.1

Former names

  • NEW BUSINESS NETHERLANDS N.V.Jul 23, 2015 to Oct 19, 20156

Timeline

  1. 2016Went public Listed on NYSE1
  2. 2015Renamed Name changed to Ferrari N.V.1
  3. 2015Went public Listed on Italian Stock Exchange1
  4. May 24, 2013Founded Founded in Amsterdam1

Calendar

Coming up

  1. Nov 3, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $2.50 a share, on Nov 4, 2025.13

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

351 filings to the SEC since October 2021: 5 annual reports, 7 large holders, 339 other. The latest 20:

  1. Oct 13, 20266-K EDGAR
  2. Oct 5, 20266-K EDGAR
  3. Sep 28, 20266-K EDGAR
  4. Sep 21, 20266-K EDGAR
  5. Sep 17, 20266-K EDGAR
  6. Sep 15, 20266-K EDGAR
  7. Sep 8, 20266-K EDGAR
  8. Sep 1, 20266-K EDGAR
  9. Jul 31, 20266-K EDGAR
  10. Jul 30, 20266-K EDGAR
  11. Jul 30, 20266-K EDGAR
  12. Jul 27, 20266-K EDGAR
  13. Jul 20, 20266-K EDGAR
  14. Jul 15, 20266-K EDGAR
  15. Jul 13, 20266-K EDGAR
  16. Jul 6, 20266-K EDGAR
  17. Jun 29, 20266-K EDGAR
  18. Jun 23, 20266-K EDGAR
  19. Jun 22, 20266-K EDGAR
  20. Jun 11, 20266-K EDGAR

The 351 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • N.v. ExorSCHEDULE 13D/A, 4 filings Dec 19, 2022 to Jan 6, 202614

Members of Congress who traded it

10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 30, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−0.4%Report
Mar 24, 2026Alan ArmstrongRepublican, SenateSale$50,001 - $100,000−5.5%Report
Dec 18, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000+7.2%Report
Nov 19, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−14.3%Report
Oct 21, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−15.5%Report
Jan 19, 2024Tommy TubervilleRepublican, SenateSale$1,001 - $15,000+46.0%Report
Jul 10, 2023Daniel S. GoldmanDemocratic, HouseSale$15,001 - $50,000+50.4%Report
Oct 6, 2022Tommy TubervilleRepublican, SenateBuy$1,001 - $15,000+1.8%Report
Oct 20, 2020Tom MalinowskiDemocratic, HouseBuy$15,001 - $50,000−17.9%Report
Jun 3, 2020Tom MalinowskiDemocratic, HouseSale$15,001 - $50,000+21.2%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Ferrari N.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFerrari N.V.2
  • CIK0001648416
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company15
  • Incorporated inP715
  • Fiscal year endsDecember 312
  • Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business addressVia Abetone Inferiore N. 4, Maranello, L6 I-410532
  • Phone003905369491112
  • Shares outstanding177,278,893 Ordinary Shares shares; 56,665,641 Special Voting Shares shares as of Dec 31, 202515
  • AuditorDELOITTE & TOUCHE S.p.A., Bologna, Italy PCAOB ID 1376; it also attests to the company’s internal control over financial reporting15
  • On EDGAR sinceJul 23, 20152
  • Filings641 in all: 6-K (553), CORRESP (14), 20-F (11), UPLOAD (10), S-8 (9), SD (9), SC 13G/A (6), F-1/A (5)2
    All 25 form types

    SC 13G (3), SCHEDULE 13D/A (3), 424B7 (2), FWP (2), SC 13D/A (2), 25-NSE (1), 424B1 (1), 6-K/A (1), 8-A12B (1), 8-K12B (1), CERTNYS (1), CT ORDER (1), EFFECT (1), F-1 (1), F-3ASR (1), SC 13D (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Feb 19, 2026

Securities registered for trading

ClassSymbolExchange
Common Shares (par value of €0.01 each)RACENew York Stock Exchange

From the cover page of the 20-F filed Feb 19, 2026 (Section 12(b) of the Exchange Act).15

Sources

The numbers on this page point here. Each one links to the record it came from.

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