Ferrari N.V. (RACE) Revenue History
Annual and quarterly revenue from 2013 to present
RACE Revenue Over Time (2013–2025)
RACE Revenue Growth History
11 of 12 years with positive growth- FY2013 revenue growth
- N/A
- FY2014 revenue growth
- +18.3%
- FY2015 revenue growth
- +3.3%
- FY2016 revenue growth
- +8.8%
- FY2017 revenue growth
- +10.0%
- FY2018 revenue growth
- +0.1%
- FY2019 revenue growth
- +10.1%
- FY2020 revenue growth
- -8.1%
- FY2021 revenue growth
- +23.4%
- FY2022 revenue growth
- +19.3%
- FY2023 revenue growth
- +17.2%
- FY2024 revenue growth
- +11.8%
- FY2025 revenue growth
- +7.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $1.80B | +3.8% |
| Q3 2025 | $1.77B | +7.4% |
| Q2 2025 | $1.79B | +4.4% |
| Q1 2025 | $1.79B | +13.0% |
| Q4 2024 | $1.74B | +14.0% |
| Q3 2024 | $1.64B | +6.5% |
| Q2 2024 | $1.71B | +16.2% |
| Q1 2024 | $1.58B | +10.9% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
RACE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RACE Revenue Analysis (2013–2025)
Current Revenue & Growth
As of June 21, 2026, Ferrari N.V. (RACE) generated trailing twelve-month (TTM) revenue of $7.15 billion, reflecting modest growth of +3.8% year-over-year. The most recent quarter (Q4 2025) recorded $1.80 billion in revenue, up 2.0% sequentially.
Historical Growth Trajectory
RACE's 5-year compound annual growth rate (CAGR) stands at +15.6%, indicating consistent double-digit revenue growth. The 3-year CAGR of +11.9% is below the 5-year average, signalling a growth deceleration in recent years. Ferrari N.V.'s highest annual revenue of $7.15 billion was recorded in 2025, an all-time high.
Revenue by Segment
RACE's revenue is primarily driven by Cars and Spare Parts (84%), Sponsorship, Commercial and Brand (11%), and Other Revenues (4%). With over half of revenue concentrated in Cars and Spare Parts, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including TM (+6.5% YoY), HMC (+1.4% YoY), and TSLA (+2.3% YoY) — RACE has outperformed the peer group in revenue growth. Compare RACE vs TM →
RACE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RACECurrent | $7.1B | +3.8% | +15.6% | 29.5% | |
 TM | $53.74T | +6.5% | +14.6% | 7.4% | |
 HMC | $23.11T | +1.4% | +11.9% | -1.9% | |
 TSLA | $94.8B | +2.3% | +24.6% | 4.6% | |
 GM | $185.0B | -2.0% | +8.6% | 1.6% | |
 F | $187.3B | +3.8% | +8.1% | 1.4% |
RACE Historical Revenue Data (2013–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.15B | +7.0% | $3.69B | 51.7% | $2.11B | 29.5% |
| 2024 | $6.68B | +11.8% | $3.35B | 50.1% | $1.89B | 28.3% |
| 2023 | $5.97B | +17.2% | $2.97B | 49.8% | $1.63B | 27.3% |
| 2022 | $5.10B | +19.3% | $2.45B | 48.0% | $1.24B | 24.4% |
| 2021 | $4.27B | +23.4% | $2.19B | 51.3% | $1.07B | 25.2% |
| 2020 | $3.46B | -8.1% | $1.77B | 51.3% | $730.0M | 21.1% |
| 2019 | $3.77B | +10.1% | $1.96B | 52.1% | $918.9M | 24.4% |
| 2018 | $3.42B | +0.1% | $1.80B | 52.6% | $827.0M | 24.2% |
| 2017 | $3.42B | +10.0% | $1.77B | 51.7% | $774.3M | 22.7% |
| 2016 | $3.11B | +8.8% | $1.53B | 49.1% | $595.4M | 19.2% |
| 2015 | $2.85B | +3.3% | $1.36B | 47.5% | $471.9M | 16.5% |
| 2014 | $2.76B | +18.3% | $1.26B | 45.5% | $397.7M | 14.4% |
| 2013 | $2.34B | - | $1.10B | 47.1% | $346.2M | 14.8% |
Full Stock Analysis
Deep dive into RACE consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
13+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
RACE — Frequently Asked Questions
Quick answers to the most common questions about buying RACE stock.
Is RACE's revenue growth accelerating or slowing?
RACE revenue growth is slowing. TTM revenue is $7.1B, up +3.8% year-over-year — below the 5-year CAGR of +15.6%. The deceleration suggests maturing end-markets or increased competition.
What is RACE's revenue history from 2013 to 2026?
Ferrari N.V. (RACE) revenue history spans 2013 to 2026. TTM revenue as of 2026 is $7.1B, growing at +3.8% YoY. The 5-year CAGR is +15.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is RACE's long-term revenue growth rate (CAGR)?
Ferrari N.V.'s 5-year revenue CAGR of +15.6% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +3.8% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for RACE.
Why does RACE's quarterly revenue fluctuate?
RACE quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Ferrari N.V.'s revenue data from 2013 to 2026 shows full historical quarterly detail on this page.
How is RACE's revenue distributed by segment?
RACE reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does RACE's revenue compare to industry peers?
Ferrari N.V. (RACE) with TTM revenue of $7.1B and +3.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.