# Ferrari Margins

NYSE: RACE · Reporting currency: EUR

[Interactive page](https://beanvest.com/stock/race/margins) · [JSON with these options](https://beanvest.com/stock/race/margins.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=9.4) · [Raw filing inputs](https://beanvest.com/api/v2/financials/race)

Frequency: quarterly. Newest first. Retrieved: 2026-10-23T06:47:12.873Z.
Coverage: 2023-03-31 to 2026-06-30. Rows 1–14 of 14.
Snapshot checked: 2026-10-19T21:59:30.430Z. Last validated: 2026-10-23T15:51:08.996Z.

## Definitions

- **Gross margin** (`gross_margin`, percent): Gross profit / revenue × 100. Uses revenue − reported cost of revenue when gross profit is absent.
- **Operating margin** (`operating_margin`, percent): Operating income / revenue × 100. Uses reported operating income, or reported pretax income less the complete nonoperating income/expense total when both are available.
- **Net margin** (`net_margin`, percent): Reported net income / revenue × 100.
- **EBITDA margin** (`ebitda_margin`, percent): (Operating income + reported depreciation and amortization) / revenue × 100. An EBITDA proxy, not adjusted EBITDA.
- **Operating cash flow margin** (`ocf_margin`, percent): Operating cash flow / revenue × 100.
- **Free cash flow margin** (`fcf_margin`, percent): Free cash flow / revenue × 100. Reflects the selected reported capex scope and the SBC option.
- **Capex / revenue** (`capex_intensity`, percent): Reported cash capital investment / revenue × 100. Uses PPE purchases or, when those are not separately tagged, the broader productive-assets total.
- **SBC / revenue** (`sbc_revenue`, percent): Reported share-based compensation / revenue × 100.

## Values

| Period | End date | Gross margin (percent) | Operating margin (percent) | Net margin (percent) | EBITDA margin (percent) | Operating cash flow margin (percent) | Free cash flow margin (percent) | Capex / revenue (percent) | SBC / revenue (percent) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-Q2 | 2026-06-30 | Unavailable | Unavailable | 23.8390092879257 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2026-Q1 | 2026-03-31 | Unavailable | Unavailable | 22.348484848484848 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q4 | 2025-12-31 | Unavailable | Unavailable | 21.085900071485337 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q3 | 2025-09-30 | Unavailable | Unavailable | 21.57417893544734 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q2 | 2025-06-30 | Unavailable | Unavailable | 23.726916620033574 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q1 | 2025-03-31 | Unavailable | Unavailable | 23.00390843104411 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q4 | 2024-12-31 | Unavailable | Unavailable | 22.17457486109095 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q3 | 2024-09-30 | Unavailable | Unavailable | 22.74939172749392 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q2 | 2024-06-30 | Unavailable | Unavailable | 24.065420560747665 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q1 | 2024-03-31 | Unavailable | Unavailable | 22.145110410094638 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q4 | 2023-12-31 | Unavailable | Unavailable | 19.239652666257864 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q3 | 2023-09-30 | Unavailable | Unavailable | 21.373056994818654 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q2 | 2023-06-30 | Unavailable | Unavailable | 22.59158751696065 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q1 | 2023-03-31 | Unavailable | Unavailable | 20.713785864240727 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |

## Unavailable values

- gross_margin: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- operating_margin: Operating income is unavailable in the extracted statements for this period.
- ebitda_margin: Operating income is unavailable in the extracted statements for this period.
- ocf_margin: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- fcf_margin: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- capex_intensity: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- sbc_revenue: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- operating_margin: The reported inputs required for this metric are unavailable in the extracted statements for this period.
- ebitda_margin: The reported inputs required for this metric are unavailable in the extracted statements for this period.

## Sources

- [sec-0001648416-b23a8ad9a982](https://data.sec.gov/api/xbrl/companyfacts/CIK0001648416.json) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 b23a8ad9a98210c70dd3542d448e70d76d12c9e45e3930eedf056d8384ea4f0d
- [filing-b274613cedbee6d0](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000093/ferrarinvinterimreport-033.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 b274613cedbee6d06e76714bfd0cb68af8e70fb8f38039656740d62112ac352e
- [filing-97e103b589d57083](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000158/ferrarinvinterimreport-063.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 97e103b589d57083a0d4592f52bd89c606d1f7fd38bb98ba83696905c28ab78d
- [filing-ae76dfc4f17d4196](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000196/ferrarinvinterimreport-093.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 ae76dfc4f17d419673260020e0411fefcc9a213ed22c61ad29e24e545557b64f
- [filing-029c36d269402a7c](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000088/ferrarinvinterimreport-033.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 029c36d269402a7c84065c85b0eee2672db1dac5cdc850fecadef7cbdcf66779
- [filing-24ec0cd0ddc33add](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000155/ferrarinvinterimreport-063.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 24ec0cd0ddc33add521fd326c4611ecd1e36de26a68b94aa82363850fc26c2bf
- [filing-68123eaffd4f9a41](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000195/ferrarinvinterimreport-093.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 68123eaffd4f9a416b6219956ed60af456d5315729903c465a153d68bc693f4e
- [filing-317b782db6ce07db](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000048/ferrarinvinterimreport-033.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 317b782db6ce07dba83694a92799e1a9f5616768899e4cc3d92954d702e41e47
- [filing-834dd7ed0deea065](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000066/ferrarinvinterimreport-063.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 834dd7ed0deea0650641348e950a41fed542b51f76ea258e0d35695e9499cf9e
- [filing-8d08dda7992bc1b9](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000114/ferrarinvinterimreport-093.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 8d08dda7992bc1b9fa035355b4f612a547fd1d425cac7e29eeef8bbfc863f24a
- [filing-262f67065ff0a25f](https://www.sec.gov/Archives/edgar/data/1648416/000162828026030266/ferrarinvinterimreport-033.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 262f67065ff0a25fc99c2e00e90f65bb3e4ce9ac06d1d2751a299661c20aa83e
- [filing-7fd254c34a468594](https://www.sec.gov/Archives/edgar/data/1648416/000164841626000107/ferrarinvinterimreport-063.htm) · Retrieved 2026-10-21T06:17:09.363Z · SHA-256 7fd254c34a468594abf05dfaa0f93f4c07e70257b39abedf46a63c36b71cd31e
- [filing-d71f92c9257e269a](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000196/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 d71f92c9257e269a8e38600fd72503286fc775bf339b731bf89e2aba94d39126
- [filing-9544ef0ddc872009](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000195/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 9544ef0ddc8720091021b1125f0e1a52ce6be83ec168837a0ed44a311b300b24
- [filing-73c3846445b27790](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000114/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 73c3846445b2779037ad1ea4eb768e0219b86eff3cafc4de018636bd352d2059

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.