Operating Income for Ferrari (RACE)
According to Ferrari's latest reported financial statements, the company's current operating income (TTM) is $2.11B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
RACE
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TTM (last 4 quarters)
$2.11B
YoY change
+11.5%
5Y CAGR
+23.7%
Peak year (2025)
$2.11B
Cumulative operating income
$13.33B
Operating Income history chart for Ferrari (RACE) from 2012 to 2025
Operating Income history table for Ferrari (RACE) from 2012 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.11B | +11.5% | ||
| 2024 | $1.89B | +16.1% | ||
| 2023 | $1.63B | +31.2% | ||
| 2022 | $1.24B | +15.7% | ||
| 2021 | $1.07B | +47.2% | ||
| 2020 | $729.96M | -20.6% | ||
| 2019 | $918.91M | +11.1% | ||
| 2018 | $827.04M | +6.8% | ||
| 2017 | $774.25M | +30.0% | ||
| 2016 | $595.42M | +26.2% | ||
| 2015 | $471.94M | +18.7% | ||
| 2014 | $397.73M | +14.9% | ||
| 2013 | $346.24M | +7.2% | ||
| 2012 | $322.95M | — |
Operating Income values are taken from Ferrari's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in EUR as filed.
Analysis
Ferrari (RACE) most recent annual operating income stands at $2.11B (2025) – grew 11.5% year-over-year.
Over 2020–2025 (5 years), Ferrari operating income expanded at a +23.7% compound annual rate, sustaining 5 straight years of year-over-year growth.
2025 marks the peak operating income at $2.11B, with the historical low of $322.95M recorded in 2012.
Among 8 Consumer Cyclical peers, Ferrari (RACE) ranks 9th; the peer median for operating income is $16.64B.
Ferrari Operating Income by Year
Ferrari Operating Income 2025: $2.11B
Ferrari operating income in 2025 was $2.11B, grew 11.5% from 2024. This figure represents the highest annual value in the available history.
Ferrari Operating Income 2024: $1.89B
Ferrari operating income in 2024 was $1.89B, grew 16.1% from 2023.
Ferrari Operating Income 2023: $1.63B
Ferrari operating income in 2023 was $1.63B, surged 31.2% from 2022.
Ferrari Operating Income 2022: $1.24B
Ferrari operating income in 2022 was $1.24B, grew 15.7% from 2021.
Ferrari Operating Income 2021: $1.07B
Ferrari operating income in 2021 was $1.07B.
See more financial history for Ferrari (RACE).
Sector peers — Operating Income
Companies in the same sector as Ferrari, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Ferrari's operating income?
- Latest reported operating income for Ferrari (RACE) is $2.11B (period ending December 31, 2025).
How has Ferrari operating income changed year-over-year?
- Ferrari (RACE) operating income changed +11.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Ferrari operating income?
- Ferrari (RACE) operating income compound annual growth rate is +23.7% over the most recent 5 years available.
When did Ferrari operating income hit its highest annual value?
- Ferrari operating income reached its highest annual value of $2.11B in 2025.
What was Ferrari operating income in 2024?
- Ferrari (RACE) operating income in 2024 was $1.89B.
What was Ferrari operating income in 2025?
- Ferrari (RACE) operating income in 2025 was $2.11B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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