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Filing Flows › Ferrari N.V. (RACE) › Q2 2026 › vs Q1 2026

Ferrari N.V. (RACE) Q2 2026 vs Q1 2026 (quarter over quarter)

Ferrari N.V.'s revenue rose $90.0M (+5%) from $1.8B in Q1 2026 to $1.9B in Q2 2026. The biggest changes: Cars and spare parts +$73.0M (+5%); Other +$26.0M (+35%); Sponsorship, commercial and brand −$9.0M (-4%). Operating margin 31.2% against 29.7% (+1.6 pts).

Ferrari N.V., Q2 2026: revenue $1.9B (+8% year over year), operating margin 31.2%, net earnings $463M, operating cash flow $437M. The chart draws each line against Q1 2026, the increases inside each band.

Ferrari N.V.: what changed, Q2 2026 vs Q1 2026Ferrari N.V.: what changed, Q2 2026 vs Q1 2026Working capital & other$476MOperating cash flow−$426MCars and spare parts$73.0MPre-tax earnings$64.0MOperating profit$57.0MNet earnings$50.0MCosts & expenses$33.0MCost of revenue$29.0MResearch & development−$27.0MSG&A$27.0M

Margins

Q2 2026Q1 2026Change
Operating margin31.2%29.7%+1.6 pts
Net margin23.9%22.3%+1.5 pts

Every line

LineQ2 2026Q1 2026Change%
Cars and spare parts$1.6B$1.6B$73.0M+5%
Sponsorship, commercial and brand$209M$218M−$9.0M-4%
Other$100M$74.0M$26.0M+35%
Revenue$1.9B$1.8B$90.0M+5%
Operating profit$605M$548M$57.0M+10%
Costs & expenses$1.3B$1.3B$33.0M+3%
Pre-tax earnings$601M$537M$64.0M+12%
Cost of revenue$919M$890M$29.0M+3%
Research & development$218M$245M−$27.0M-11%
SG&A$188M$161M$27.0M+17%
Other operating costs$8.0M$4.0M$4.0M+100%
Net earnings$463M$413M$50.0M+12%
Income tax$138M$124M$14.0M+11%
Working capital & other$26.0M−$450M$476M—
Operating cash flow$437M$863M−$426M-49%

Questions

How much did Ferrari N.V.'s revenue grow quarter over quarter in Q2 2026?

Ferrari N.V.'s revenue rose $90.0M (+5%) from $1.8B in Q1 2026 to $1.9B in Q2 2026.

What drove Ferrari N.V.'s revenue change in Q2 2026?

Cars and spare parts +$73.0M (+5%); Other +$26.0M (+35%); Sponsorship, commercial and brand −$9.0M (-4%).

Q2 2026 results → · Compare in the interactive Sankey →