Ferrari is speeding ahead once again. The Italian luxury carmaker announced better-than-expected earnings for the third quarter of 2025, showing that demand for its high-end vehicles remains as strong as ever.
For the July to September period, Ferrari reported a net profit of €382 million ($439.5 million) — up nearly 2% from last year and higher than analysts’ expectations of around €367 million.
The company’s net revenues hit €1.77 billion, a 7.4% increase from the same period in 2024, supported by 3,401 car shipments.
CEO Benedetto Vigna said Ferrari is moving forward “with conviction and strong visibility on our development path.” He added that the company’s long-term plan, laid out during its Capital Markets Day in October, positions the brand for “sustainable growth toward 2030.”
Ferrari also reaffirmed its 2025 outlook, expecting at least €7.1 billion in revenue this year — slightly higher than its previous forecast of “over €7 billion.” The company credits this to a stronger mix of models, growing personalization options, and lower industrial costs in the second half of the year.
However, the good news follows a rough patch in October. Ferrari shares plunged 15.4% on Oct. 9, marking the worst single-day drop since the company’s 2016 stock market debut. The sharp decline came after investors were underwhelmed by Ferrari’s long-term guidance for 2030.
Despite that stumble, Ferrari’s third-quarter performance shows the luxury automaker is still firing on all cylinders — with a clear road ahead toward steady growth.
