Ferrari (RACE) Capital Expenditures (2014 - 2025)
Ferrari (RACE) posted quarterly Capital Expenditures of $966.3 million for Q4 2025, up 9.75% YoY from $880.5 million in Q4 2024, and up 814.46% sequentially from -$135.3 million in Q3 2025.
Ferrari (RACE) Capital Expenditures (2014 - 2025) Analysis & Trends
Ferrari has disclosed Capital Expenditures across 12 years of filings, most recently posting $966.3 million for Q4 2025.
- In Q4 2025, Capital Expenditures rose 9.75% year-over-year to $966.3 million; the TTM figure through Dec 2025 stood at $580.3 million (up 13.99% YoY), while the FY2025 annual figure was $548.2 million, up 6.37% from the prior year.
- Capital Expenditures improved to $966.3 million in Q4 2025, from -$135.3 million in the prior quarter.
- Over the last five years, Capital Expenditures for RACE reached as high as $966.3 million in Q4 2025 and fell as low as -$145.3 million in Q2 2024.
- The 5-year median for Capital Expenditures is -$78.7 million (2023), against an average of $112.0 million.
- Annual changes were most pronounced in 2022 — Capital Expenditures jumped 42.31% — and 2024, when it plunged 99.01%.
- A 5-year view of Capital Expenditures shows it stood at $662.5 million in 2021, then dropped by 17.66% to $545.5 million in 2022, then rose by 17.03% to $638.4 million in 2023, then soared by 37.92% to $880.5 million in 2024, then gained by 9.75% to $966.3 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $966.3 million, -$135.3 million, and -$136.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 2.49 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 2.38 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 3.27 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 534.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -188.07 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 5,078.04 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 253.17 Mn |
| 10 | Ferrari | - | - | 1.09 Bn | 966.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 966.32 Mn |
| Dec 31, 2025 | 966.32 Mn |
| Sep 30, 2025 | -135.25 Mn |
| Sep 30, 2025 | -135.25 Mn |
| Jun 30, 2025 | -136.02 Mn |
| Jun 30, 2025 | -136.02 Mn |
| Mar 31, 2025 | -114.73 Mn |
| Mar 31, 2025 | -114.73 Mn |
| Dec 31, 2024 | 880.46 Mn |
| Dec 31, 2024 | 880.46 Mn |
| Sep 30, 2024 | -137.15 Mn |
| Sep 30, 2024 | -137.15 Mn |
| Jun 30, 2024 | -145.33 Mn |
| Jun 30, 2024 | -145.33 Mn |
| Mar 31, 2024 | -88.89 Mn |
| Mar 31, 2024 | -88.89 Mn |
| Dec 31, 2023 | 638.39 Mn |
| Dec 31, 2023 | 638.39 Mn |
| Sep 30, 2023 | -104.51 Mn |
| Sep 30, 2023 | -104.51 Mn |