Filing Flows › Ferrari N.V. (RACE) › How it makes money
How Ferrari N.V. (RACE) makes money
Ferrari N.V. (RACE) made $7.1B of revenue in the fiscal 2025 (FY2025), +7% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | FY2025 | % of revenue |
|---|---|---|
| Revenue | $7.1B | 100.0% |
| Operating profit | $2.1B | 29.5% |
| Income tax | $464M | 6.5% |
| Net earnings | $1.6B | 22.4% |
| Operating cash flow | $2.3B | 32.9% |
| Free cash flow | $1.9B | 26.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| FY2025 | $7.1B | +7% |
| FY2024 | $6.7B | +12% |
From Ferrari N.V.'s 20-F filed Feb 19, 2026 (on EDGAR).
Questions
How does Ferrari N.V. make money?
Ferrari N.V. (RACE) made $7.1B of revenue in the fiscal 2025 (FY2025), +7% from a year earlier. Of every dollar of revenue, 30¢ was left as operating profit, 22¢ was left as net earnings.
What is Ferrari N.V.'s profit margin?
Net earnings were $1.6B, 22.4% of revenue, in the fiscal 2025; the operating margin was 29.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.