Lamborghini posts record Q1 profit as hybrid models drive demand

When Automobili Lamborghini unveiled its Q1 2025 results on May 6, the Italian super‑car legend announced it had delivered 2,967 vehicles, nudging revenue up 29.6% to €895 million and lifting operating profit 33.0% to €248 million – the strongest quarterly profit in the brand’s history.

The numbers came out of Sant'Agata Bolognese, the company’s historic home‑base, where the finance team compiled an order book that now stretches to Q1 2027 for the new Revuelto V12 plug‑in hybrid and well into 2026 for the Urus SE and the yet‑to‑launch Temerario.

Record‑Breaking Numbers

Here’s the thing: the €895 million revenue mark reflects a €252 million jump from the same quarter a year earlier, while the €248 million operating profit translates into a 26.6% operating margin – a rare double‑digit feat in an industry still grappling with semiconductor shortages and raw‑material price spikes.

• 2,967 cars delivered – a 12% rise over Q1 2024.
• Revenue up 29.6% to €895 million.
• Operating profit up 33.0% to €248 million.
• Operating margin held steady at 26.6%.
• Order backlog now covers 2026‑2027 for key models.

Hybrid Strategy Fuels Growth

Turns out the full‑capacity rollout of the Revuelto and the Urus SE hybrid SUV is the engine behind the surge. The Revuelto, Lamborghini’s first V12 plug‑in hybrid, has become a halo product, while the Urus SE’s fuel consumption of 2.08 l/100 km and CO₂ emissions of 51.25 g/km have helped the brand meet tightening EU emissions targets without compromising the roar enthusiasts expect.

“The results from the first six months of 2025 are solid despite global economic and political instability, confirming that the decision to hybridize the entire range was the right one,” said Stephan Winkelmann, Chairman and CEO. “The success of the Revuelto and Urus SE demonstrates that our vision is shared by our customers, and we now look forward to the market launch of the Temerario, which will complete the first fully hybrid range in the segment.”

Chief Financial Officer Paolo Poma added, “These results confirm the brand’s resilience built over the years and its status among the global luxury elite.”

Regional Delivery Surge

Across the three commercial zones, growth was surprisingly balanced. Europe, the Middle East and Africa (EMEA) saw a modest 7% increase, but the Americas exploded with a 21% jump, driven largely by the United States, where 933 units rolled out – the single‑largest market by a wide margin. Germany contributed 366 cars and the United Kingdom 272, keeping the brand firmly anchored in its traditional strongholds.

Analyst Maria Velázquez of AutoInsights noted, “Lamborghini’s ability to grow double‑digits in the Americas while still expanding in Europe shows the universal appeal of its hybrid pivot. Competitors are still largely stuck with pure‑combustion models, so Lamborghini’s early bet is paying off.”

Leadership Perspective and Future Outlook

Looking ahead, the company’s financial calendar is packed. H1 2025 results are slated for July 30, and the full‑year 2025 numbers will be presented on November 3. The firm expects the order bank to stay robust, with Revuelto deliveries booked through Q1 2027 and the Urus SE and upcoming Temerario feeding demand well into 2026.

The twist is that, despite the bright outlook, Lamborghini still faces headwinds: ongoing semiconductor scarcity, currency fluctuations that can erode margins, and ever‑stricter emissions legislation in Europe and China. Yet the brand’s 26.6% operating margin suggests it has enough pricing power and brand cachet to weather the storm.

Challenges and Industry Context

What’s the bigger picture? The luxury‑performance segment is tightening its belt on CO₂, with the EU targeting an average of 95 g/km for new cars by 2025. Lamborghini’s hybrid models, while still delivering over 600 hp, are already positioned below the regulatory thresholds, giving the company a compliance head start.

Moreover, the eight‑year upward trend that began with the 2014 Huracán rollout, accelerated with the 2018 Urus SUV, and surged again with the 2023 Revuelto shows a consistent strategy of refreshing the portfolio every few years – a play that keeps the marque relevant and financially healthy.

Key Takeaways

1. Record profit driven by hybrid Revuelto and Urus SE.
2. Revenue rose 29.6% to €895 million; operating profit up 33.0%.
3. Strong regional growth, especially 21% in the Americas.
4. Leadership remains confident amid geopolitical uncertainty.
5. Future demand locked in through 2026‑2027 order backlog.