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

Ferrari has disclosed Research & Development across 12 years of filings, most recently posting $278.2 million for Q4 2025.

• In Q4 2025, Research & Development rose 5.83% year-over-year to $278.2 million; the TTM figure through Dec 2025 stood at $1.0 billion (up 7.27% YoY), while the FY2025 annual figure was $1.0 billion, up 8.66% from the prior year.
• Research & Development advanced to $278.2 million in Q4 2025, from $259.7 million in the prior quarter.
• Over the last five years, Research & Development for RACE reached as high as $278.2 million in Q4 2025 and fell as low as $183.8 million in Q3 2022.
• The 5-year median for Research & Development is $231.6 million (2023), against an average of $234.2 million.
• Annual changes were most pronounced in 2022 — Research & Development declined 17.25% — and 2023, when it soared 30.84%.
• 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.
• According to Business Quant data, Research & Development over the past three periods registered $278.2 million, $259.7 million, and $254.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.