Ferrari raises 2026 earnings forecast to 3 billion euros despite slight drop in vehicle deliveries.
Ferrari raises earnings forecast
Ferrari has raised its full-year earnings forecast despite challenges facing many European manufacturers. The company's chief executive, Benedetto Vigna, stated that "based on these solid foundations, we are increasing our forecasts for the entire year." Ferrari now expects its adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) to reach at least three billion euros in 2026, slightly above its previous forecast of 2.97 billion euros. Third-quarter revenue growth
The Italian automaker reported a 7 percent increase in net revenue for the third quarter, reaching 1.896 billion euros. This growth is attributed in part to the positive impact of car customizations. Between July and September 2026, Ferrari delivered 3,368 vehicles, 33 fewer than during the same period last year. Profit growth despite lower deliveries
Despite the slight decrease in vehicle deliveries, the company reported a 13 percent increase in net profit, reaching 431 million euros. Vigna also noted that "our order book now extends until 2028," indicating strong demand for the company's products.