Ferrari (RACE) Gross Margin (2014 - 2025)

Ferrari has disclosed Gross Margin across 12 years of filings, most recently posting 51.89% for Q4 2025.

• In Q4 2025, Gross Margin rose 171.0% year-over-year to 51.89%; the TTM figure through Dec 2025 stood at 51.66% (up 154.0% YoY), while the FY2025 annual figure was 51.68%, up 155.0% from the prior year.
• Gross Margin rose to 51.89% in Q4 2025, from 50.05% in the prior quarter.
• Over the last five years, Gross Margin for RACE reached as high as 52.64% in Q2 2025 and fell as low as 46.89% in Q4 2022.
• The 5-year median for Gross Margin is 50.24% (2021), against an average of 50.2%.
• Annual changes were most pronounced in 2021 — Gross Margin jumped 427 bps — and 2022, when it tumbled 441 bps.
• A 5-year view of Gross Margin shows it stood at 50.95% in 2021, then fell by 8 bps to 46.89% in 2022, then climbed by 4 bps to 48.79% in 2023, then gained by 3 bps to 50.17% in 2024, then increased by 3 bps to 51.89% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 51.89%, 50.05%, and 52.64% for Q4 2025, Q3 2025, and Q2 2025 respectively.