Ferrari SF90 XX Spider limited edition plug in hybrid supercar parked on the pavement as a red Ferrari passes on Bond Street on 4th January 2026 in London, United Kingdom.
Mike Kemp | In Pictures | Getty Images
Ferrari is bumping up its 2026 guidance after beating Wall Street’s second-quarter expectations amid healthy demand for the famed Italian sports car brand’s products.
Here’s how the company performed in the second quarter compared with average estimates compiled by LSEG:
Earnings per share: 2.62 euros ($2.97) adjusted vs. 2.50 euros expectedRevenue: 1.94 billion euros vs. 1.88 billion euros expected
The automaker’s new 2026 guidance includes revenue of roughly 7.6 billion euros, up from 7.5 billion euros; adjusted earnings of at least 2.97 billion euros, or 9.68 euros adjusted EPS, up from 2.93 billion euros, or 9.45 euros adjusted EPS; as well as slight increases to its industrial free cash flow and adjusted earnings and operating profit.
Ferrari CEO Benedetto Vigna attributed the company’s second-quarter results and guidance increase to a “sustained trend in personalizations” as well as resilient demand for its vehicles, with its order book full through 2027.
RBC Capital Markets analyst Tom Narayan noted that the timing of the guidance raise is important for investors: “Ferrari rarely raises its guide in Q2, favoring instead to do so in Q3, and as such we view this a positive indicator for the remainder of the year and would expect shares to move higher.”
Shares of the company were up roughly 2% during premarket trading Thursday.
Ferrari’s second-quarter results included an operating profit of 605 million euros, or 31.2% margin, and a net profit of 463 million euros, up roughly 9% from a year earlier.
