
Key facts: Ferrari Q1 €1.85B revenue, €413M profit; launches €250M buyback tranche

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Ferrari reported Q1 2026 revenue of €1.85B, a 3% increase, with a net profit of €413M and 3,436 cars delivered. The company launched a €250M buyback tranche and reaffirmed its FY guidance of approximately €7.5B in revenue. A proposed 25% U.S. tariff on EU-made cars may impact Ferrari, but it is expected to pass most costs to buyers. Management has adjusted deliveries to maintain revenue and margins amid geopolitical challenges.
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