Ferrari (RACE) Cost of Revenue (2014 - 2025)
Ferrari (RACE) posted quarterly Cost of Revenue of $1.0 billion for Q4 2025, up 9.18% YoY from $924.3 million in Q4 2024, and down 2.14% sequentially from $1.0 billion in Q3 2025.
Ferrari (RACE) Cost of Revenue (2014 - 2025) Analysis & Trends
Ferrari has disclosed Cost of Revenue across 12 years of filings, most recently posting $1.0 billion for Q4 2025.
- In Q4 2025, Cost of Revenue rose 9.18% year-over-year to $1.0 billion; the TTM figure through Dec 2025 stood at $3.9 billion (up 8.22% YoY), while the FY2025 annual figure was $3.9 billion, up 9.65% from the prior year.
- Cost of Revenue eased to $1.0 billion in Q4 2025, from $1.0 billion in the prior quarter.
- Over the last five years, Cost of Revenue for RACE reached as high as $1.0 billion in Q3 2025 and fell as low as $583.2 million in Q1 2021.
- The 5-year median for Cost of Revenue is $815.1 million (2023), against an average of $799.6 million.
- Annual changes were most pronounced in 2021 — Cost of Revenue jumped 81.99% — and 2025, when it increased 3.89%.
- A 5-year view of Cost of Revenue shows it stood at $657.6 million in 2021, then climbed by 12.72% to $741.3 million in 2022, then grew by 13.21% to $839.2 million in 2023, then advanced by 10.14% to $924.3 million in 2024, then climbed by 9.18% to $1.0 billion in 2025.
- According to Business Quant data, Cost of Revenue over the past three periods registered $1.0 billion, $1.0 billion, and $958.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 17.67 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 35.31 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 35.03 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 1.50 Bn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.26 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 3.07 Bn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.00 Bn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 40,115.94 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 594.17 Mn |
| 10 | Ferrari | - | - | 1.09 Bn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.01 Bn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.03 Bn |
| Sep 30, 2025 | 1.03 Bn |
| Jun 30, 2025 | 958.31 Mn |
| Jun 30, 2025 | 958.31 Mn |
| Mar 31, 2025 | 902.52 Mn |
| Mar 31, 2025 | 902.52 Mn |
| Dec 31, 2024 | 924.34 Mn |
| Dec 31, 2024 | 924.34 Mn |
| Sep 30, 2024 | 908.31 Mn |
| Sep 30, 2024 | 908.31 Mn |
| Jun 30, 2024 | 922.42 Mn |
| Jun 30, 2024 | 922.42 Mn |
| Mar 31, 2024 | 849.53 Mn |
| Mar 31, 2024 | 849.53 Mn |
| Dec 31, 2023 | 839.23 Mn |
| Dec 31, 2023 | 839.23 Mn |
| Sep 30, 2023 | 847.74 Mn |
| Sep 30, 2023 | 847.74 Mn |