The luxury automaker raised its 2026 revenue and earnings guidance following stronger-than-expected second-quarter results.
Ferrari reported adjusted earnings per share of 2.62 euros ($2.97) for Q2, surpassing the 2.50 euros estimate, while revenue reached 1.94 billion euros against expectations of 1.88 billion euros. The company attributed the beat to robust demand and high personalization trends, with its order book filled through 2027.
The automaker now expects 2026 revenue of 7.6 billion euros, up from 7.5 billion euros, and adjusted diluted EPS of at least 9.68 euros, raised from 9.45 euros. Q2 operating profit rose to 605 million euros, or a 31.2% margin, while net profit increased 9% year-over-year to 463 million euros.
Shares climbed roughly 2% in premarket trading after the announcement, with analysts noting the rare Q2 guidance raise as a positive signal for the remainder of the year.