Ferrari said revenues rose 17.3 percent last year to a record 2.25 billion euros, driven by strong demand in the United States and China.
The sports car maker's new-car sales increased 9.5 percent to a best-ever 7,195 units in 2011.
Ferrari said trading profit rose 3.2 percent to 312.4 million euros, while net profit increased slightly to 209 million euros. The company's return on sales at 14.1 percent was again one of the highest in the automotive sector, the company said.
Vehicle sales in the brand's largest market, the United States rose 8 percent to 1,958 cars. In China, now the company's second-biggest market, Ferrari sold 777 vehicles, up 62.6 percent.
In Ferrari's other top markets, volume also rose. Sales in Germany increased 14.6 percent to 705 cars; UK sales were up 23 percent to 574 and volume in the Middle East grew 22 percent to nearly 450 cars.
Ferrari Chairman Luca di Montezemolo said the results were achieved against a challenging economic backdrop. "They are the fruit of heavy investment and a culture of innovation," he said in a statement.
Ferrari will unveil a 12-cylinder supercar at next month's Geneva auto show, which Montezemolo described as "a revolutionary new car that delivers extreme performance and unprecedented power output."
The model, code-named F152, is a successor to the 599 GTB Fiorano two-seat coupe.