ASML Holding N.V. Earnings Recaps
Q1 2026
Apr 15, 2026
ASML delivered a robust Q1 2026 with EUR 8.8 billion in revenues and a net income of EUR 2.8 billion, driven by strong Installed Base sales and high gross margins amidst record demand for advanced lithography solutions.
Key takeaways
- Q1 revenue within guidance at EUR 8.8B, with Installed Base revenue exceeding expectations at EUR 2.5B, contributing to a 53% gross margin.
- Anticipated FY 2026 revenues revised upward to EUR 36–40B, supported by surging demand across EUV and non-EUV segments, and strong capacity additions.
- Market momentum remains solid, fueled by persistent AI-driven demand, with customers actively expanding capacity into 2027 and beyond.
- ASML plans to sustain capacity growth, targeting at least 60 EUV Low NA systems in 2026 and up to 80 units in 2027, alongside capacity enhancements in deep UV and immersion lithography.
- Technological progress includes demonstration of 1,000-watt EUV sources and throughput improvements, ensuring extendibility and capacity ramp-up through 2028+ amid advancing High NA platform development.
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, bolstered by ongoing demand for advanced semiconductor technologies.
Key takeaways
- Q3 net sales included €2 billion in installed base revenue and one High NA system recognition.
- Gross margin for the quarter was 51.6%, in line with company guidance.
- Net bookings for the quarter were €5.4 billion, with €3.6 billion attributed to extreme ultraviolet (EUV) systems.
- Q4 revenue guidance is projected between €9.2 billion and €9.8 billion, anticipating strong seasonal demand.
- ASML's partnership with Mistral AI, including an 11% equity stake, aims to enhance software capabilities and accelerate product development.