Ferrari Raises 2026 Guidance After Third-Quarter Profit Beat, Shares Slip

In brief

• Ferrari raised its 2026 guidance after third-quarter results slightly beat Wall Street expectations.
• The company reported nine-month 2026 revenue above 5,682 million euros and net profit of 1,307 million euros.
• Net profit rose about 8% year on year, with an operating margin of 30.2%, but shares fell during the session.

Guidance raised after a stronger quarter

Ferrari increased its full-year 2026 outlook on Tuesday, reporting that its third-quarter revenue and adjusted per-share earnings landed a little above what analysts on Wall Street had projected (Ferrari raises 2026 guidance after Q3 earnings beat – CNBC).

Nine-month figures

The Italian luxury sports car maker posted revenue above 5,682 million euros and net profit of 1,307 million euros for the first nine months of 2026, with an operating margin of 30.2% (Ferrari conquista la F1 de la rentabilidad: gana un 8% más y eleva sus previsiones para 2026 – Expansión).

Key figures

| Metric | Nine months 2026 | |---|---| | Revenue (EUR million) | 5,682 | | Net profit (EUR million) | 1,307 | | Operating margin | 30.2% |

What it means for investors

The profit beat and guidance raise point to steady pricing and demand for Ferrari's high-margin models. The stock's reaction suggests investors had expected more, or that the upgrade did little to change their forecasts for the coming year (Ferrari slips as 2026 guidance upgrade meets estimates; Q3 profit beats – Investing.com).