Ferrari Raises Annual Targets Slightly After Third-Quarter Beat

Ferrari N.V. reported third-quarter 2026 net revenues of €1,896 million, representing a 7% increase compared to the previous year. The company achieved an operating profit (EBIT) of €563 million with an operating margin of 29.7%. CEO Benedetto Vigna attributed the performance to the successful execution of the company's product strategy, including deliveries of the F80 supercar and high demand for vehicle personalizations. Reflecting this robust growth and an order book extending into 2028, the company has raised its full-year 2026 financial guidance. The results also highlighted continued progress in motorsport, with strong performance from Scuderia Ferrari in Formula 1 and the 499P Hypercar in the FIA World Endurance Championship.