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| Date | Value |
|---|---|
| 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 |