Ferrari Car Shipments By Engine Type

Sports car. Pixabay Image.

This article covers Ferrari’s vehicle shipment breakdown by engine type. Ferrari’s engine types consist of hybrid and ICE.

Keep in mind that the shipment figures presented here represent mostly the wholesale figures in which Ferrari ships its vehicles directly to dealerships.

Ferrari do deliver directly to end customer, but only in small numbers and is limted to special edition and supercars.

Let’s check out the shipments by engine type results.

For other key statistics of Ferrari N.V., you may find more resources on this page: Ferrari key stats.

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Insight & Summary of Ferrari’s Vehicle Shipment Breakdown By Engine Type

Ferrari’s shipment mix has moved through two distinct phases since FY2020: a rapid, multi-year electrification ramp that pushed Hybrid shipments from a near-nonexistent 2% of volume to a peak of 51%, followed by a first-ever pullback in FY2025 that pared that share back to 42%. Total shipments, meanwhile, have effectively plateaued for three straight years.

• Total volume has hit a ceiling Total Car Shipments grew steadily from 9,119 units in FY2020 to 13,663 by FY2023, but growth has since stalled — 13,752 in FY2024 and 13,640 in FY2025, a decline of 0.8% year-over-year. The 3-year average sits at 13,685 units. This flattening is consistent with a deliberately capped production posture rather than a demand problem, since the mix beneath the total has continued to move meaningfully even as the headline count has not.

• The hybrid ramp was the story through FY2024 Hybrid shipments grew from just 182 units (2% mix) in FY2020 to 7,014 units (51% mix) by FY2024 — a compound expansion driven by triple-digit annual growth rates in FY2021 (+817.5%) and FY2023 (+106.7%). Over the same stretch, ICE shipments fell from a FY2022 peak of 10,312 units to 6,738 by FY2024, a two-year decline of roughly 35%, as hybrid models displaced combustion-engine volume within a largely fixed total.

• FY2025 marks the first reversal FY2025 broke that pattern: Hybrid shipments fell 18.3% to 5,729 units (42% mix) — the first outright decline in the series — while ICE shipments rose 17.4% to 7,911 units, its first increase since FY2022. The 3-year average growth rate captures this inflection cleanly: Hybrid averages +35.0% but ICE averages -6.8%, a gap that is almost entirely a function of FY2025’s reversal rather than a steady multi-year trend in either direction.

• Structural Takeaway: Structurally, Ferrari has been reallocating a largely fixed production total between engine types rather than growing overall volume, and FY2025 is the first year that reallocation has moved back toward ICE rather than further toward Hybrid. Whether this is a durable change in trend or a one-year pause tied to model-cycle timing is not yet distinguishable from three data points, but it is a genuine inflection worth monitoring closely: if the FY2025 pattern continues into FY2026, the multi-year hybrid-share narrative would need to be reassessed rather than extrapolated forward.

The table below combines all key Ferrari’s car shipments breakdown by engine type metrics into a single view for the latest three fiscal years.

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Shipments breakdown by engine type

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Shipments mix by engine type

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Shipments growth by engine type

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References and Credits

1. All financial figures presented were obtained and referenced from Ferrari N.V.’s annual and quarterly filings, which are available in Ferrari investor relations.

2. Pexels images.

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Disclosure

We may use artificial intelligence (AI) tools to assist us in writing some of the text in this article. However, the data is directly obtained from original sources (usually the quarterly and annual reports) and meticulously cross-checked by our editors multiple times to ensure its accuracy and reliability.

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