Ferrari’s Q1 2025 results continue to show success.
It’s quite unsurprising that Ferrari is a successful business. With a revered and time-honored presence in the motorsport world, a lineup consisting of some of the world’s most desirable cars, and a fashion house inspired by both, Ferrari is one of the world’s largest and most successful brands. However, the automotive industry is changing at a rapid pace due to various factors, and Ferrari’s Q1 2025 financial results prove that the company is continuing to experience its usual success even at this turning point in the industry.
Shipping a total of 3,593 units during the quarter, Ferrari’s revenue increased by 13 percent compared to the same period last year, with operating profit for the company increasing by a significant 22.7 percent. The double-digit growth for many metrics within Ferrari’s business comes as legendary driver Lewis Hamilton joins the Scuderia Ferrari racing team, examples of exclusive models like the 499P Modificata and SF90 XX are delivered, and the new F80 hybrid hypercar is launched. New sponsorships and brand partnerships have also contributed to the financial success of the brand.
Looking forward, the most significant announcement from Ferrari is the reveal of an all-new model, the new Ferrari 296 Speciale. Building on the success of the Ferrari 296 GTB and Ferrari 296 GTS as twin-turbo V6 hybrid models, the new 296 Speciale expounds on its cleverly engineered power, and adds track-focused aggressive aerodynamics, weight savings, and extra power to unlock a new level of racing performance. In addition, Ferrari is drumming up anticipation for the first-ever all-electric model from the brand, set to launch this year as part of a total six new models that Ferrari is launching in 2025. With success in the first quarter, Ferrari’s future innovations are going to add strength to a titanic heritage brand.
