ASM International NV

ASM International NV Earnings Recaps

ASM.AS Information Technology 1 recap
Q3 2025 Oct 29, 2025

ASM International reported solid Q3 2025 results with revenue of EUR 800 million, reflecting an 8% year-on-year increase at constant currency, driven primarily by strong equipment sales.

Key takeaways
  • Equipment sales rose 10% year-on-year, particularly in advanced logic/foundry and ALD segments.
  • Gross margin held steady at 51.9%, up from 49.4% year-on-year, though expected to slightly decline in Q4 due to a less stable product mix.
  • New order intake decreased 7% year-on-year, primarily impacted by a significant drop in orders from China.
  • SG&A expenses were 10% lower year-on-year, aligning with ongoing cost efficiency measures.
  • Cash position improved to EUR 1.1 billion, with reduced working capital days indicating better operational efficiency.
Full recap