Key facts
- Lamborghini's operating profit fell 8% to €395 million in the first half of 2026.
- Operating margin decreased to 22.7% from 26.5% year-over-year.
- Revenue increased by 7.4% to €1.74 billion.
- Vehicle deliveries were down 4.6% to 5,422 units.
- Factors cited include increased U.S. tariffs and geopolitical instability.
Lamborghini reported an 8.4% decrease in its first-half operating profit to €395 million ($450 million) for 2026, compared to €431 million a year prior. The luxury carmaker's operating margin also declined to 22.7% from 26.5%.
Despite a 7.4% increase in revenue to €1.74 billion, Lamborghini delivered 4.6% fewer vehicles, totaling 5,422 units. The company attributed the performance challenges to increased U.S. tariffs introduced last year and adverse exchange rate fluctuations. Lamborghini stated its revenue performance exceeded its reference market, which saw a 7.7% contraction due to tariffs, geopolitical instability, and a weak Chinese market.
CEO Stephan Winkelmann highlighted Lamborghini's resilience amid global market volatility, noting the company achieved its highest revenue in history. Earlier in July, parent company Volkswagen revised its sales growth target downwards after reporting a 9.5% drop in its second-quarter operating profit.