Ferrari (RACE) Gross Margin (2014 - 2025)

Ferrari (RACE) reported Gross Margin of 51.89% for Q4 2025, up 171.0% year-over-year from 19.15% in Q4 2024, and up 3.67% quarter-over-quarter from 50.05% in Q3 2025.

Ferrari (RACE) Gross Margin (2014 - 2025) Analysis & Trends

Ferrari (RACE) has 12 years of Gross Margin data on file, last reported at 51.89% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 51.89%, up 171.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 51.65% (up 153.0% YoY), and the FY2025 annual result was 51.68%, up 155.0% from the prior year.
  • Gross Margin climbed to 51.89% in Q4 2025 per RACE's latest filing, from 50.05% in the prior quarter.
  • Over five years, Gross Margin peaked at 52.63% in Q2 2025 and troughed at 46.89% in Q4 2022.
  • A 5-year average of 50.2% and a median of 50.24% in 2021 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2021 and 2022: Gross Margin jumped 427 bps in 2021, then sank 441 bps in 2022.
  • 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.
  • Business Quant data shows RACE's Gross Margin at 51.89% in Q4 2025, 50.05% in Q3 2025, and 52.63% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn 21.08%
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn 38.72%
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 51.89%
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn 10.98%
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn 18.36%
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 8.62%
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn 18.91%
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -39.92%
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn 20.58%

Historic Data

Download Data
DateValue
Dec 31, 2025 51.89%
Sep 30, 2025 50.05%
Jun 30, 2025 52.63%
Mar 31, 2025 52.09%
Dec 31, 2024 50.17%
Sep 30, 2024 49.70%
Jun 30, 2024 49.97%
Mar 31, 2024 50.65%
Dec 31, 2023 48.79%
Sep 30, 2023 49.56%
Jun 30, 2023 50.72%
Mar 31, 2023 50.24%
Dec 31, 2022 46.89%
Sep 30, 2022 47.57%
Jun 30, 2022 47.43%
Mar 31, 2022 50.40%
Dec 31, 2021 50.95%
Sep 30, 2021 50.23%
Jun 30, 2021 51.85%
Mar 31, 2021 52.19%