Lamborghini reported a 4.6 percent drop in deliveries during the first half of 2026, yet its revenue climbed 7.4 percent to €1.74 billion ($2 billion).
The Italian automaker delivered 5,422 vehicles in the period, down from the same time last year.
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Sales were constrained by US tariffs, a downturn in China, and the ongoing conflict in the Middle East.
Growing uncertainty in the European market also played a role.
Despite the decline, Lamborghini managed to increase its financial performance, with operating profit reaching €395 million ($455 million).
New Models and Market Challenges
Deliveries of the all-new Temerario began in the first quarter, though the company hasn't disclosed specific sales figures for the Huracan's successor.
The Temerario is expected to compete with the Ferrari 296 GTB and build on the legacy of its V10 predecessors, the Gallardo and Huracan.
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Looking ahead, Lamborghini is focusing on the market launch of the Urus SE Performante, which was unveiled in early July.
The plug-in hybrid SUV combines a 4.0-liter twin-turbo V8 with an electric motor, producing 801 hp and 737 lb-ft of torque.
It accelerates from 0 to 62 mph in 3.3 seconds and reaches a top speed of 194 mph.
Lamborghini's managing director and CFO, Paolo Poma, acknowledged the challenging environment but expressed confidence in the brand's positioning.
“In the first half of the year, we achieved solid results despite a macroeconomic environment that remains volatile and challenging,” Poma said.
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He noted that higher US tariffs and adverse exchange rates affected performance without compromising the brand's strength in the luxury sector.