ASML Holding N.V. Earnings Recaps
Q1 2026
Apr 15, 2026
ASML delivered a robust Q1 2026 with EUR 8.8 billion in revenue and a record-high gross margin of 53%, supported by strong Installed Base performance amid rising demand for EUV and immersion lithography. The company maintains its optimistic outlook, targeting EUR 36–40 billion in 2026, driven by expanding capacity investments from semiconductor OEMs.
Key takeaways
- Q1 net sales hit EUR 8.8 billion, with EUR 2.5 billion from Installed Base, exceeding expectations and boosting gross margin to 53%.
- Full-year 2026 guidance raised to EUR 36–40 billion, reflecting strong EUV/Deep UV demand and increasing non-EUV sales.
- Customer investments in memory and logic are accelerating, with strong capacity expansion plans for 2026 and beyond to meet AI-driven semiconductor demand.
- Capex focus on increasing EUV Low NA output to at least 80 units in 2027, with continued upgrades to existing systems for capacity and efficiency.
- Technology advancements include a 1,000-watt EUV source demo, securing Low NA EUV extendibility to 2031, alongside throughput improvements for short-term capacity.
Q3 2025
Oct 16, 2025
ASML Holding N.V. reported strong Q3 2025 results with net sales of €7.5 billion and net income of €2.1 billion, driven by robust demand in advanced logic and DRAM markets alongside a successful product roadmap execution.
Key takeaways
- Net bookings reached €5.4 billion, including €3.6 billion for extreme ultraviolet (EUV) systems.
- Guidance for Q4 2025 indicates revenue between €9.2 billion and €9.8 billion, projecting a full-year estimate of approximately €32.5 billion in net sales.
- Advanced technology development continues, with successful launches of the XT260 high productivity scanner and significant progress in 3D integration solutions.
- Strategic partnership established with Mistral AI, enhancing ASML's software capabilities and aligning with AI-driven market demands.
- Anticipation of sustained net sales in 2026, primarily supported by evolving product mix dynamics and ongoing innovations.