Ferrari N.V. (RACE) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary reveals strong financial performance with significant year-over-year increases in revenue, net profit, EBITDA, and free cash flow. These positive metrics indicate robust demand and effective cost management. Despite the mention of potential regulatory challenges, the overall financial health and growth trajectory suggest a positive market reaction. The lack of negative sentiment in the Q&A further supports this outlook.
Key Financial Performance
Revenue €1.45 billion, up 20% year-over-year, driven by strong demand for new models and increased customization options.
Net Profit €300 million, up 25% year-over-year, attributed to higher revenues and operational efficiencies.
EBITDA €500 million, up 22% year-over-year, supported by improved product mix and cost management.
Free Cash Flow €250 million, up 15% year-over-year, due to better working capital management and higher profitability.
You have reached the limit. Sign up to access full content
Get started
Operating Highlights
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Risk or Challenges
Regulatory Hurdles: The call mentions forward-looking statements being subject to risks and uncertainties, implying potential regulatory challenges that could impact future operations.
You have reached the limit. Sign up to access full content
Get started
Guidance & Outlook
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Shareholder Return Plan
The selected topic was not discussed during the call.
You have reached the limit. Sign up to access full content
Get started
Key Q&A
Q:Review of Unclear Management Responses
A:
You have reached the limit. Sign up to access full content
Get started
Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Asumendi JPMorgan
Aubin Morgan
Bernstein Institutional
Besson Kepler
BofA Securities
Bosio Intesa
CEO Executive
Dick ODDO
Director EDT
Division Besson
Division Binetti
Division Dick
Division Henning
Division Horst
Division Jose
Division Monica
EDT Edouard
Edouard Aubin
Ferrari Conference
Ferrari website
Henning Cosman
Horst Schneider
Inc day
Jose Asumendi
Monica Bosio
Relations CEO
Research Division
Research Stephen
Schneider BofA
Securities Research
Stephen Reitman
Today group
day Ferrari
section Ferrari
RACE Transcript
Ferrari N.V. (RACE) Q1 2026 Earnings Call Transcript
Positive5-5
The earnings call summary reveals strong financial performance with significant year-over-year increases in revenue, net profit, EBITDA, and free cash flow. These positive metrics indicate robust demand and effective cost management. Despite the mention of potential regulatory challenges, the overall financial health and growth trajectory suggest a positive market reaction. The lack of negative sentiment in the Q&A further supports this outlook.
Ferrari N.V. (RACE) Q4 2025 Earnings Call Transcript
Positive2-10
The earnings call highlights strong financial performance with promising future guidance, including increased profitability targets for 2025 and a robust order book extending to 2027. Despite some concerns about FX impacts and vague management responses, the strategic product launches, particularly the Ferrari Elettrica, and the positive reception of new models like Amalfi, suggest growth potential. The Q&A indicates confidence in offsetting cost increases with mix and pricing strategies. Overall, these factors, alongside the positive market sentiment towards future developments, point to a positive stock price movement.
Ferrari N.V. (RACE) Q3 2025 Earnings Call Transcript
Positive11-4
Ferrari's earnings call reflects strong financial performance and strategic growth. High EBITDA and EBIT margins, along with robust cash flow, indicate solid profitability. The strategic product development and strong order book, especially for new models like Amalfi, highlight demand strength. Despite challenges like tariffs and FX headwinds, Ferrari maintains pricing power and innovation. Guidance remains strong, with no reduction in shareholder returns. While some uncertainties exist, such as the Elettrica margin impact, overall sentiment is positive, suggesting a likely 2-8% stock price increase.
Ferrari N.V. (RACE) Q2 2025 Earnings Call Transcript
Positive7-31
The earnings call summary shows strong financial performance with growing revenues, high EBITDA, and effective cost management. Although there are concerns about U.S. tariffs, the guidance remains optimistic, and no program delays are reported. The Q&A highlights strong demand for new models and positive market strategies, despite some pressure on residual values. The overall sentiment is positive, driven by strong earnings, optimistic guidance, and a commitment to sustainability and innovation.
RACE Slides
RACE Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
