Filing Flows › Comparisons › TSLA vs RACE
Tesla vs Ferrari N.V.: TSLA and RACE compared
Tesla is the larger company: $28.0B of revenue in its latest quarter (Q3 2026) against $7.1B for Ferrari N.V. (FY2025). Ferrari N.V. is growing faster (+7% against -0.2% a year earlier). Ferrari N.V. is more profitable, with an operating margin of 29.5% against 2.6%.
Where the money goes: TSLA and RACE
Tesla (TSLA) · Q3 2026
Tesla, Q3 2026: revenue $28.0B (-0.2% year over year), operating margin 2.6%, net earnings $804M, operating cash flow $6.3B. The chart follows the revenue to costs, profit and cash.
Ferrari N.V. (RACE) · FY2025
Ferrari N.V., FY2025: revenue $7.1B (+7% year over year), operating margin 29.5%, net earnings $1.6B, operating cash flow $2.3B. The chart follows the revenue to costs, profit and cash.
| Tesla (TSLA) | Ferrari N.V. (RACE) | |
|---|---|---|
| Latest quarter | Q3 2026 | FY2025 |
| Revenue | $28.0B | $7.1B |
| Revenue growth, Y/Y | -0.2% | +7% |
| Gross margin | 19.6% | — |
| Operating margin | 2.6% | 29.5% |
| Net earnings | $804M | $1.6B |
| Net margin | 2.9% | 22.4% |
| Operating cash flow | $6.3B | $2.3B |
| Free cash flow | $1.5B | $1.9B |
| Market value | $1.22T | $75.8B |
| P/E | — | 47.4× |
| Analysts’ mean target | $413.10 | $460.82 |
Where the revenue comes from
Tesla
- Total revenues from sales and services: $27.6B (98%)
- Automotive leasing: $353M (1%)
- Automotive regulatory credits: $113M (0%)
Questions
Which is bigger, Tesla or Ferrari N.V.?
Tesla is the larger company: $28.0B of revenue in its latest quarter (Q3 2026) against $7.1B for Ferrari N.V. (FY2025).
Is Tesla or Ferrari N.V. growing faster?
Ferrari N.V. is growing faster (+7% against -0.2% a year earlier).
Which is more profitable, Tesla or Ferrari N.V.?
Ferrari N.V. is more profitable, with an operating margin of 29.5% against 2.6%.
More: Tesla earnings · how Tesla makes money · Ferrari N.V. earnings · how Ferrari N.V. makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 22, 2026; 20-F filed Feb 19, 2026). Fiscal quarters can end on different dates. Not investment advice.