FERRARI RELEASES ITS 2025 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
Rhea-AI Summary
Ferrari (NYSE: RACE) published its 2025 Annual Report and filed its annual report on Form 20-F with the U.S. Securities and Exchange Commission on February 19, 2026.
The filings include audited financial statements for the fiscal year ended December 31, 2025 and a voluntary 2025 Sustainability Statement prepared under ESRS. Materials are available for viewing and download on Ferrari's Investors webpage, and shareholders can request free hard copies.
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Key Figures
Market Reality Check
Peers on Argus
RACE was down 0.8% with mixed peer moves: GM up 2.1%, STLA up 0.26%, while F, HMC, and LI were modestly negative. Momentum data flagged only RIVN at about -6.1%, supporting a stock-specific rather than sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-02-16 | Buyback update | Positive | -1.1% | Reported additional share repurchases under €250m tranche of €3.5b program. |
| 2026-02-10 | Earnings results | Positive | +8.1% | Strong 2025 results with higher revenues, margins and free cash flow plus 2026 guidance. |
| 2026-02-09 | Buyback update | Positive | +0.7% | Detailed additional purchases in €250m first tranche of multi-year €3.5b buyback. |
| 2026-02-02 | Buyback update | Positive | +0.9% | Reported 193,200 shares repurchased and higher treasury holdings under buyback plan. |
| 2026-01-26 | Buyback update | Positive | +0.6% | Further share repurchases and treasury position within multi-year €3.5b program. |
Recent news with positive fundamentals or capital return (earnings and buybacks) has typically seen the stock react positively, with only one noted divergence on a buyback update.
Over recent weeks, Ferrari has focused on capital returns and strong fundamentals. Multiple updates detailed progress under a ~€3.5 billion multi-year buyback, including a €250 million first tranche and rising treasury share holdings above 8.6% of issued shares. On Feb 10, 2026, Ferrari reported strong 2025 results with growing revenues, EBIT and cash flow, which coincided with a solid positive price reaction. Today’s annual report and Form 20-F filing formalize and consolidate those previously disclosed figures and risk factors.
Market Pulse Summary
This announcement formalizes Ferrari’s 2025 results through publication of the Annual Report and filing of the Form 20-F for the year ended December 31, 2025. Much of the underlying financial detail and guidance had already been released via earlier earnings and regulatory reports. The filing also packages key risk disclosures and sustainability reporting under ESRS. Investors may focus on how these documents align with prior buyback activity, dividend plans and the company’s longer-term strategy and risk profile.
Key Terms
form 20-f regulatory
AI-generated analysis. Not financial advice.
Maranello (Italy), February 19, 2026 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2025 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2025. The 2025 Sustainability Statement, prepared in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2025 Annual Report.
Ferrari’s 2025 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari’s corporate website at https://www.ferrari.com/en-EN/corporate, where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, which include Ferrari’s audited financial statements, free of charge, through the contact below.
For further information:
Media Relations
tel.: +39 0536 949337
Email: media@ferrari.com
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1 The 2025 Annual Report, including information concerning The Netherlands as Home Member State, and the annual report on Form 20-F are available on the Company’s corporate website (https://www.ferrari.com/en-EN/corporate) at https://www.ferrari.com/en-EN/corporate/financial-documents and at https://www.sec.gov/edgar/browse/?CIK=1648416&owner=include
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