Ferrari (RACE) Research & Development (2014 - 2025)

Ferrari (RACE) reported Research & Development of $278.2 million for Q4 2025, up 5.83% year-over-year from $262.9 million in Q4 2024, and up 7.11% quarter-over-quarter from $259.7 million in Q3 2025.

Ferrari (RACE) Research & Development (2014 - 2025) Analysis & Trends

Ferrari (RACE) has 12 years of Research & Development data on file, last reported at $278.2 million in Q4 2025.

  • Research & Development for Q4 2025 came in at $278.2 million, up 5.83% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.0 billion (up 7.26% YoY), and the FY2025 annual result was $1.0 billion, up 8.66% from the prior year.
  • Research & Development rose to $278.2 million in Q4 2025 per RACE's latest filing, from $259.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $278.2 million in Q4 2025 and troughed at $183.8 million in Q3 2022.
  • A 5-year average of $234.2 million and a median of $231.6 million in 2023 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development declined 17.25% in 2022, then soared 30.84% in 2023.
  • A 5-year view of Research & Development shows it stood at $261.6 million in 2021, then fell by 17.25% to $216.4 million in 2022, then advanced by 25.77% to $272.2 million in 2023, then retreated by 3.43% to $262.9 million in 2024, then increased by 5.83% to $278.2 million in 2025.
  • Business Quant data shows RACE's Research & Development at $278.2 million in Q4 2025, $259.7 million in Q3 2025, and $254.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Tesla 1,297.09 Bn 1,252.41 Bn 4.72 Bn 1.95 Bn
2 Toyota Motor 440.56 Bn 289.71 Bn 39.87 Bn -
3 Ferrari 75.26 Bn 73.46 Bn 1.09 Bn 278.21 Mn
4 General Motors 72.40 Bn 50.02 Bn 4.32 Bn -
5 Ford Motor 56.05 Bn 25.60 Bn 7.94 Bn -
6 Rivian Automotive 20.65 Bn 15.84 Bn 119.00 Mn 458.00 Mn
7 China Yuchai International 14.25 Bn 13.19 Bn 317.01 Mn -124.48 Mn
8 VinFast Auto 7.11 Bn 10.11 Bn -15,731.99 Bn -2,869.36 Bn
9 Digital Currency X Technology 4.89 Bn 4.89 Bn - -
10 Xpeng 4.49 Bn 1.59 Bn 388.90 Mn -421.43 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 278.21 Mn
Sep 30, 2025 259.73 Mn
Jun 30, 2025 254.69 Mn
Mar 31, 2025 244.87 Mn
Dec 31, 2024 262.87 Mn
Sep 30, 2024 233.36 Mn
Jun 30, 2024 220.07 Mn
Mar 31, 2024 250.95 Mn
Dec 31, 2023 272.21 Mn
Sep 30, 2023 240.48 Mn
Jun 30, 2023 211.11 Mn
Mar 31, 2023 229.79 Mn
Dec 31, 2022 216.43 Mn
Sep 30, 2022 183.80 Mn
Jun 30, 2022 195.99 Mn
Mar 31, 2022 221.62 Mn
Dec 31, 2021 261.56 Mn
Sep 30, 2021 201.47 Mn
Jun 30, 2021 216.47 Mn
Mar 31, 2021 227.82 Mn