Ferrari N.V.

Ferrari N.V. Earnings Recaps

RACE Consumer Discretionary 1 recap
Q3 2025 Nov 5, 2025

Ferrari's Q3 2025 results reflect strong strategic initiatives and a refined outlook on powertrain offerings, positioning the company for sustainable long-term growth despite macroeconomic challenges.

Key takeaways
  • Achieved approximately 30% reduction in Scope 1 and Scope 2 emissions since 2021, with ambitious targets set for further decarbonization by 2030.
  • Revised powertrain strategy now targets 40% Internal Combustion Engine (ICE), 40% hybrid, and 20% electric models by 2030, adapting to current market dynamics and client preferences.
  • Launched the Ferrari Amalfi and the Testarossa family, while planning for the highly anticipated electric model, the Ferrari Elettrica, with its complete reveal scheduled for Q2 2026.
  • Set an aspirational financial target of €9 billion in revenues by 2030, demonstrating confidence in Ferrari's brand strength and long-term growth strategy.
  • Expanded active client base to 90,000, enhancing customer engagement through exclusive lifestyle experiences and maintaining brand exclusivity.