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Trade receivables (Tables) | 12 Months Ended
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Dec. 31, 2025
Disclosure of Trade Receivable [Abstract] |
Schedule of Breakdown for Trade Receivables | The following table presents a breakdown for trade receivables.
| At December 31,
(€ thousands) | 2025 |  | 2024
Trade receivables before loss allowance | 250,139 |  | 263,380
Loss allowance | (23,052) |  | (14,590)
Total trade receivables | 227,087 |  | 248,790
The following table presents a breakdown for the loss allowance relating to trade receivables.
| Loss allowance
(€ thousands) | 2025 |  | 2024
At January 1, | (14,590) |  | (6,681)
Provisions | (12,720) |  | (11,174)
Utilizations | 2,999 |  | 353
Releases | 341 |  | 3,062
Exchange differences and other | 918 |  | (150)
At December 31, | (23,052) |  | (14,590)
Schedule of Trade Receivable by Geographic Area | The following table presents trade receivables by geographic area.
| At December 31,
(€ thousands) | 2025 |  | 2024
EMEA (1) | 97,064 |  | 97,619
of which Italy | 60,898 |  | 58,460
Americas (2) | 57,914 |  | 65,491
of which United States | 43,309 |  | 50,294
Greater China Region | 43,457 |  | 56,682
Rest of APAC (3) | 28,652 |  | 28,998
Total trade receivables | 227,087 |  | 248,790
______________________ (1)EMEA includes Europe, the Middle East and Africa. (2)Americas includes the United States of America, Canada, Mexico, Brazil and other Central and South American countries. (3)Rest of APAC includes Japan, South Korea, Singapore, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and other Southeast Asian countries.

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