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Ferrari NV (RACE) Q3 2026 Earnings Call Highlights: Raised Guidance, Record Personalizations, ...

Ferrari reported Q3 2026 net revenues of EUR1.9 billion, up about 10% at constant currency and 7% reported, with FX headwinds from the US dollar and Japanese yen. EBIT exceeded EUR560 million and grew double digits, while industrial free cash flow topped EUR565 million and personalizations surpassed 21% of car and spare-parts revenues. The company raised full-year guidance on stronger personalizations, a better USD/EUR rate including hedges, and lower F1 costs tied to its second-place championship ranking. The full-year FX impact is now expected at EUR150–200 million, and the 22% share of Special series in Q3 is expected to normalize going forward.

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