Ferrari Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,468	1,742	1,122	1,389	1,344
Short-Term Investments	78.09	25.01	61.13	87.3	13.5
Cash & Short-Term Investments	1,546	1,767	1,183	1,476	1,358
Cash Growth	-12.53%	49.37%	-19.85%	8.73%	-3.20%
Accounts Receivable	360.34	349.18	261.38	232.41	185
Other Receivables	1,645	1,678	1,463	1,416	1,158
Total Trade Receivables	2,005	2,027	1,724	1,648	1,343
Inventory	1,114	1,088	948.51	674.66	540.58
Other Current Assets	159.22	137.76	130.23	153.18	122.22
Total Current Assets	4,824	5,020	3,986	3,953	3,364
Net Property, Plant & Equipment	2,058	1,829	1,575	1,458	1,353
Other Intangible Assets	1,638	1,546	1,420	1,307	1,138
Goodwill	785.18	785.18	785.18	785.18	785.18
Long-Term Investments	96.44	80.82	67.67	59.53	54.51
Other Long-Term Assets	226.01	236.79	217.55	203.38	168.76
Total Assets	9,628	9,497	8,051	7,766	6,864
Accounts Payable	841.26	945.66	930.56	902.97	797.83
Other Current Liabilities	4.95	37.87	89.27	58.56	112.91
Total Current Liabilities	846.21	983.53	1,020	961.53	910.74
Long-Term Debt	2,884	3,352	2,477	2,812	2,630
Other Long-Term Liabilities	1,983	1,618	1,484	1,390	1,111
Total Long-Term Liabilities	4,867	4,970	3,961	4,202	3,741
Total Liabilities	5,714	5,954	4,981	5,163	4,652
Total Common Shareholders' Equity	3,907	3,534	3,061	2,593	2,206
Minority Interest	7.85	9.29	9.73	9.63	5.52
Shareholders' Equity	3,915	3,543	3,071	2,602	2,211
Total Liabilities & Equity	9,628	9,497	8,051	7,766	6,864
Total Debt	2,884	3,352	2,477	2,812	2,630
Net Cash (Debt)	-1,338	-1,585	-1,294	-1,336	-1,272
Net Cash Per Share	-7.51	-8.80	-7.13	-7.29	-6.89
Book Value	3,907	3,534	3,061	2,593	2,206
Book Value Per Share	21.91	19.63	16.86	14.16	11.94
Tangible Book Value	1,483	1,203	856.01	500.29	282.54
Tangible Book Value Per Share	8.32	6.68	4.72	2.73	1.53

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.