Ferrari NV (FRA:2FE) Research & Development: €931 Mil (TTM As of Mar. 2026)


FRA:2FE Ferrari NV FRA:2FE
91 GF Score
Price €302.50
GF Value €432.69
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ferrari NV Research & Development?

Ferrari NV FRA:2FE -0.87% 91 Research & Development is €931 Mil as of Mar. 2026. GuruFocus rates FRA:2FE with a GF Score™ of 91/100 and a GF Value™ of €432.69 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ferrari NV's Research & Development for the three months ended in Mar. 2026 was €245 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €931 Mil.

Ferrari NV  (FRA:2FE) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Ferrari NV Research & Development Related Terms

Ferrari NV Research & Development Historical Data

* Premium members only.

The historical data trend for Ferrari NV's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ferrari NV Research & Development Chart

Ferrari NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 768.10 775.57 881.56 894.09 918.86

Ferrari NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 232.79 224.99 222.17 238.91 245.18
FRA:2FE
91GF Score
Ferrari NV FRA:2FE
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferrari NV Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €931 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €931 Mil mean?
Ferrari NV (FRA:2FE) has a Research & Development of €931 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ferrari NV and its competitors.
Is Ferrari NV's Research & Development too high?
Ferrari NV's current Research & Development is €931 Mil. Overall, Ferrari NV has a GF Score™ of 91/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferrari NV's Research & Development compare to TSLA and GM?
Ferrari NV's Research & Development of €931 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Ferrari NV and its competitors. Ferrari NV's current Research & Development is €931 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrari NV stock overvalued right now?
Based on GuruFocus' analysis, Ferrari NV (FRA:2FE) is currently considered Significantly Undervalued. The stock's GF Value™ is €432.69, compared to a current price of €302.50 — trading 30.1% below its estimated fair value. The current Research & Development is €931 Mil. Ferrari NV's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Ferrari NV (FRA:2FE), the current Research & Development is €931 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ferrari NV (FRA:2FE) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrari NV stock appears to be undervalued. The current stock price of €302.50 is trading 30.1% below its estimated GF Value™ of €432.69. GuruFocus considers Ferrari NV to be Significantly Undervalued.

Key valuation signals for FRA:2FE:

  • Research & Development: €931 Mil
  • GF Value™: €432.69 vs. price of €302.50 (30.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the FRA:2FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ferrari NV Business Description

Address Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2025, the company sold 13,640 vehicles at an average price over EUR 520,000 with more than 80% of its vehicles being sold to existing Ferrari clients. Eighty-four percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2025, the Europe, Middle East, and Africa region accounted for 49% of revenue, the Americas was 32%, mainland China, Hong Kong, and Taiwan was 7%, and the rest of Asia was 12%.
91GF Score

Get the complete analysis for FRA:2FE

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€302.50
Price
€432.69
GF Value