Ferrari raises 2026 guidance after beating third-quarter forecasts
Adjusted EBITDA rose 12% in the July to September quarter, while vehicle shipments dipped slightly to 3,368.
Key facts
Story- Ferrari raised its 2026 earnings guidance on Tuesday, 3 November.
- Adjusted EBITDA rose 12% and beat analyst forecasts for the third quarter.
- Vehicle shipments dipped slightly to 3,368 units from July to September.
Ferrari has raised its earnings outlook for 2026 after its third-quarter results beat Wall Street expectations. The Italian luxury carmaker made the announcement on Tuesday, 3 November.
The company said its adjusted EBITDA, a measure of profit before interest, tax and depreciation, rose 12% in the July to September quarter. That growth was well ahead of analyst forecasts. Revenue and adjusted earnings per share also came in above expectations.
The gain came mainly from sales of high-margin vehicles and from personalised orders, where buyers choose custom options. Total shipments were slightly lower, at 3,368 vehicles between July and September.
Ferrari said its order book runs through 2028, which gives it a long pipeline of demand. The company also pointed to more product launches ahead.
Ferrari sells a small number of cars in India, and its prices are high. The company's results show that demand for its top models remains strong, even as volumes stay limited.
Ferrari has not given a figure for the new full-year guidance. It is not yet known how much of the earnings boost will carry into the next quarter.
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