How Ferrari (RACE) Makes Money: A Visual Guide

Ferrari (RACE) generated €7.15B in revenue (TTM through Q4 2025), earning €1.60B in net profit (22.3% margin). Below is an interactive breakdown of how revenue flows through the income statement.

Ferrari (RACE) Income Statement Flow

Frequently asked questions

How much revenue does Ferrari (RACE) generate?

Ferrari (RACE) generated €7.15B in total revenue for TTM through Q4 2025 with a net profit margin of 22.3%.

What is Ferrari (RACE) gross profit margin?

Ferrari (RACE) reported a gross profit margin of 51.7% for TTM through Q4 2025, equivalent to €3.69B in gross profit. This means Ferrari retains 51.7% of each revenue unit after direct costs of production.

What is Ferrari (RACE) operating profit margin?

Ferrari (RACE) reported an operating profit margin of 29.5% for TTM through Q4 2025, equivalent to €2.11B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Ferrari (RACE) net profit margin?

Ferrari (RACE) reported a net profit margin of 22.3% for TTM through Q4 2025, equivalent to €1.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Ferrari (RACE) invest in R&D?

Ferrari (RACE) invested €919.00M in research and development in TTM through Q4 2025 (12.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Ferrari (RACE) spend on capital expenditures?

Ferrari (RACE) spent €1.52B on capital expenditures in TTM through Q4 2025 (21.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Ferrari (RACE) free cash flow?

Ferrari (RACE) generated €2.66B in free cash flow for TTM through Q4 2025 (37.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Ferrari (RACE) effective tax rate?

Ferrari (RACE) had an effective tax rate of 22.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.