Ferrari makes over $100,000 of pure profit on each car it builds, according to a new German study based on sales results from the first half of 2018.

Porsche, while it takes in nowhere nearly as much cash as the Italian sports-car maker, still does roughly double what Mercedes-Benz, Audi and BMW does, according to Duisburg economics professor Ferdinand Dudenhöffer, raking in an average $25,000 profit for every 911, Cayenne and Macan.

The other three German marques share numbers closer to $13,500 profit per car, the (also German) Boerse-Express newspaper quotes the study.

Maserati takes in an average of less than $7,500 profit per car before taxes and interest, ahead of Volvo, and Jaguar Land Rover squeak by making $1,200 per car.

The study also showed Tesla and Bentley, which is currently investing heavily in electrification, are actually losing money on each car they build, as they try to recoup money sunk in development and other model-launch costs. We’re talking in the area of between $15,000 and $25,000 per vehicle.

Rolls-Royce and Lamborghini have kept their sales results private.

The numbers for Ferrari and Porsche haven’t changed much over the past 12 months, with Bloomberg reporting similar results last year.