# PIRELLI & C. S.P.A.

Summary updated: 2026-10-04T15:24:27.289669Z
Canonical: https://finbar.com/research/companies/pirelli-c-s-p-a

## Overview

Pirelli & C. S.p.A. is an Italian tyre manufacturer focused on the high-value consumer market, producing tyres for cars, motorcycles and bicycles. Its car-tyre offerings include technologies such as Run Flat, Seal Inside, PNCS and Elect, and the company also has a presence in motorsport. Pirelli describes its mission as delivering high-value tyres and mobility services that enable people to pursue their limits safely. [1](https://app.finbar.com/go?id=T5969444)[2](https://corporate.pirelli.com/corporate/en-ww/aboutus/aboutus)[3](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/consumer-tyres)

Pirelli’s global footprint includes 18 production plants in 12 countries and commercial presence in more than 160 countries. In FY2025, it reported net sales of €6,776.2 million and 29,680 employees. [4](https://app.finbar.com/go?id=T12258047)[5](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-in-brief)
[1](https://app.finbar.com/go?id=T5969444)[4](https://app.finbar.com/go?id=T12258047)[2](https://corporate.pirelli.com/corporate/en-ww/aboutus/aboutus)[3](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/consumer-tyres)[5](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-in-brief)

## Products & services

Pirelli’s product portfolio is concentrated on consumer tyres for cars, motorcycles and bicycles. Its car ranges include P Zero for performance and prestige vehicles, Cinturato for touring and Scorpion for SUVs and crossovers. Motorcycle ranges include Diablo for sport and racing, Angel for sport-touring, and Scorpion for off-road and adventure riding. Bicycle families include P ZERO for road cycling, CINTURATO for road and gravel applications, and SCORPION for mountain biking. [6](https://app.finbar.com/go?id=P58020656)[7](https://app.finbar.com/go?id=P62729650)[8](https://www.pirelli.com/tyres/en-ww/car/catalogue/product-family)[9](https://www.pirelli.com/tyres/en-ww/motorcycle/catalogue)[10](https://www.pirelli.com/tyres/en-ww/bike/tyres/family)

Product technologies include Run Flat, designed to retain stability and control after a puncture; Seal Inside, which uses an internal sealing layer to help prevent air loss; and PNCS, which uses sound-absorbing material inside the tyre to reduce cabin noise. Cyber Tyre combines tyre-mounted sensors with software and algorithms to communicate information to vehicle electronics in real time. Pirelli also offers specialist motorsport tyres and describes ancillary and digital services for the tyre and mobility sectors. [11](https://app.finbar.com/go?id=P39123845)[12](https://app.finbar.com/go?id=P26760281)[13](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/run-flat)[14](https://www.pirelli.com/tyres/en-ww/car/tech-and-knowledge/seal-inside)[15](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/pncs-tire-noise-cancelling-with-foam)[16](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/racing)[17](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/research-and-development)

In FY2025, High Value products accounted for 79% of sales; the reported figure is a portfolio mix measure, not a revenue breakdown by individual product family. [18](https://press.pirelli.com/pirelli-2025-results-majority-approved/)
[6](https://app.finbar.com/go?id=P58020656)[7](https://app.finbar.com/go?id=P62729650)[11](https://app.finbar.com/go?id=P39123845)[12](https://app.finbar.com/go?id=P26760281)[8](https://www.pirelli.com/tyres/en-ww/car/catalogue/product-family)[9](https://www.pirelli.com/tyres/en-ww/motorcycle/catalogue)[10](https://www.pirelli.com/tyres/en-ww/bike/tyres/family)[13](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/run-flat)[14](https://www.pirelli.com/tyres/en-ww/car/tech-and-knowledge/seal-inside)[15](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/pncs-tire-noise-cancelling-with-foam)[16](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/racing)[17](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/research-and-development)[18](https://press.pirelli.com/pirelli-2025-results-majority-approved/)

## Geographic presence

Pirelli reported 18 production plants in 12 countries and commercial presence in more than 160 countries at the end of 2025. Its disclosed joint-venture plant locations include Subang, Indonesia, and Shenzhou, China; an official company feature also highlights facilities in Settimo Torinese, Italy; Silao, Mexico; Campinas, Brazil; Slatina, Romania; and Yanzhou, China. [19](https://app.finbar.com/go?id=P94097758)[20](https://www.pirelli.com/global/en-ww/150-years/world-magazine/f-for-factory)

At 31 December 2025, Pirelli had 29,680 employees. By reported region, headcount was 13,214 in Europe (about 44.5% of the total), 6,630 in South America (22.3%), 4,030 in North America (13.6%), 3,757 in APAC (12.7%), and 2,049 in Russia & MEAI (Middle East, Africa and India; 6.9%). Shares are calculated from the reported regional counts. [21](https://app.finbar.com/go?id=T5407680)

Pirelli’s R&D workforce was about 2,200 in 2025, based at its Milan headquarters and across 12 technology centres worldwide; the company also identifies a Digital Solutions Center in Bari, Italy. [22](https://app.finbar.com/go?id=P13465007)[23](https://corporate.pirelli.com/corporate/it-it/aboutus/principali-attivita/ricerca-e-sviluppo)[24](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-headquarters)
[19](https://app.finbar.com/go?id=P94097758)[21](https://app.finbar.com/go?id=T5407680)[22](https://app.finbar.com/go?id=P13465007)[20](https://www.pirelli.com/global/en-ww/150-years/world-magazine/f-for-factory)[23](https://corporate.pirelli.com/corporate/it-it/aboutus/principali-attivita/ricerca-e-sviluppo)[24](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-headquarters)

## Business segments

For financial reporting, Pirelli identifies one operating segment, **Consumer Activities**, covering tyres for cars, motorcycles and bicycles; High Value and Standard are commercial categories, not separate IFRS operating segments. [25](https://app.finbar.com/go?id=P65647869)

Pirelli’s commercial breakdown distinguishes **High Value (HV)** tyres—premium- and prestige-oriented products, including tyres of 18 inches and above, Specialties, Super Specialties and Premium Motorcycle tyres—from **Standard** products. [6](https://app.finbar.com/go?id=P58020656) In the first half of 2026, HV represented 82% of sales and Standard approximately 18%; for FY2025, HV represented 79% and Standard approximately 21%. Standard shares are calculated as the remainder of the reported HV share. [26](https://app.finbar.com/go?id=T16520860)[27](https://app.finbar.com/go?id=P144372122)[18](https://press.pirelli.com/pirelli-2025-results-majority-approved/)[28](https://press.pirelli.com/pirelli-board-majority-approves-consolidated-results-to-30-june-2026/)

Pirelli also discusses car tyres by rim size, including the ≤17-inch category in its Standard-product commentary. This rim-size distinction should not be treated as identical to the HV/Standard split, since HV also includes speciality products and Premium Motorcycle tyres. [27](https://app.finbar.com/go?id=P144372122)[6](https://app.finbar.com/go?id=P58020656)
[25](https://app.finbar.com/go?id=P65647869)[6](https://app.finbar.com/go?id=P58020656)[26](https://app.finbar.com/go?id=T16520860)[27](https://app.finbar.com/go?id=P144372122)[18](https://press.pirelli.com/pirelli-2025-results-majority-approved/)[28](https://press.pirelli.com/pirelli-board-majority-approves-consolidated-results-to-30-june-2026/)

## Company history

Giovanni Battista Pirelli founded G.B. Pirelli & C. in Milan in 1872, and the company opened its first rubber-goods factory the following year. It began producing bicycle tyres in the late nineteenth century and car tyres in 1901; Pirelli products gained early international recognition in motor racing, including the 1907 French Grand Prix. [29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history) In 1922, the company listed on the Milan Stock Exchange, while its manufacturing operations expanded abroad from Argentina in 1917 to Spain, the United Kingdom and Brazil by 1929. [29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history)

Pirelli introduced the Cinturato radial tyre in the 1950s and developed the Cinturato P7 in the 1970s; in 1988, it acquired the Armstrong Tyre Company. [29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history) In 2000, it sold its terrestrial systems and optical-components businesses, marking a significant shift away from telecommunications. [29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history) After an ownership change involving ChemChina in 2015, Pirelli separated its industrial business, refocused on consumer tyres and returned to the Milan Stock Exchange in 2017. [29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history)[30](https://annual-report-2017.pirelli.com/company-profile.html) The company returned to Formula One as the sport’s exclusive tyre supplier from the 2011 season. [31](https://press.pirelli.com/pirelli-confirmed-as-exclusive-formula-one-tyre-supplier-from-2011/)
[29](https://corporate.pirelli.com/corporate/en-ww/aboutus/history)[30](https://annual-report-2017.pirelli.com/company-profile.html)[31](https://press.pirelli.com/pirelli-confirmed-as-exclusive-formula-one-tyre-supplier-from-2011/)

## Sources

1. [PIRELLI & C. S.P.A. — Press release (2025 Y), p10](https://app.finbar.com/go?id=T5969444)
2. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/aboutus)
3. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/consumer-tyres)
4. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p262](https://app.finbar.com/go?id=T12258047)
5. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-in-brief)
6. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p397](https://app.finbar.com/go?id=P58020656)
7. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p23](https://app.finbar.com/go?id=P62729650)
8. [www.pirelli.com](https://www.pirelli.com/tyres/en-ww/car/catalogue/product-family)
9. [www.pirelli.com](https://www.pirelli.com/tyres/en-ww/motorcycle/catalogue)
10. [www.pirelli.com](https://www.pirelli.com/tyres/en-ww/bike/tyres/family)
11. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p359](https://app.finbar.com/go?id=P39123845)
12. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p19](https://app.finbar.com/go?id=P26760281)
13. [www.pirelli.com](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/run-flat)
14. [www.pirelli.com](https://www.pirelli.com/tyres/en-ww/car/tech-and-knowledge/seal-inside)
15. [www.pirelli.com](https://www.pirelli.com/tires/en-us/car/tech-and-knowledge/pncs-tire-noise-cancelling-with-foam)
16. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/racing)
17. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/what-we-do/research-and-development)
18. [press.pirelli.com](https://press.pirelli.com/pirelli-2025-results-majority-approved/)
19. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p88](https://app.finbar.com/go?id=P94097758)
20. [www.pirelli.com](https://www.pirelli.com/global/en-ww/150-years/world-magazine/f-for-factory)
21. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p263](https://app.finbar.com/go?id=T5407680)
22. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p37](https://app.finbar.com/go?id=P13465007)
23. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/it-it/aboutus/principali-attivita/ricerca-e-sviluppo)
24. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/pirelli-headquarters)
25. [PIRELLI & C. S.P.A. — Full financial report (2025 Y), p581](https://app.finbar.com/go?id=P65647869)
26. [PIRELLI & C. S.P.A. — Presentation (2026 Q 2), p5](https://app.finbar.com/go?id=T16520860)
27. [PIRELLI & C. S.P.A. — Press release (2026 Q 2), p3](https://app.finbar.com/go?id=P144372122)
28. [press.pirelli.com](https://press.pirelli.com/pirelli-board-majority-approves-consolidated-results-to-30-june-2026/)
29. [corporate.pirelli.com](https://corporate.pirelli.com/corporate/en-ww/aboutus/history)
30. [annual-report-2017.pirelli.com](https://annual-report-2017.pirelli.com/company-profile.html)
31. [press.pirelli.com](https://press.pirelli.com/pirelli-confirmed-as-exclusive-formula-one-tyre-supplier-from-2011/)

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