Q1 26 EPS
$8.43
BEAT +27.42%
Est. $6.62
Q1 26 Revenue
$10.34B
BEAT +20.18%
Est. $8.61B
Did ASML Beat Earnings? Q1 2026 Results
ASML Holding delivered a solid first quarter for 2026, posting earnings of $8.43 per diluted share on revenue of $10.34 billion, with results landing within the company's guided range and gross margin reaching 53.0%, the high end of its target. Net i… Read more ASML Holding delivered a solid first quarter for 2026, posting earnings of $8.43 per diluted share on revenue of $10.34 billion, with results landing within the company's guided range and gross margin reaching 53.0%, the high end of its target. Net income rose to $3.25 billion from $2.78 billion a year ago, as AI-driven demand for semiconductor manufacturing equipment continued to pull customers toward accelerating their capacity expansion plans. System sales climbed to $7.41 billion while Installed Base Management revenue grew to $2.93 billion, reflecting deepening engagement across ASML's installed customer base. Operating margin expanded modestly to 36.0% from 35.4% in Q1 2025, underscoring disciplined cost management alongside top-line growth. Looking ahead, management raised its full-year 2026 revenue outlook to a range of $42.47 billion to $47.19 billion, with gross margin guided between 51% and 53%, and reiterated its longer-term 2030 revenue opportunity of $51.91 billion to $70.78 billion with gross margins between 56% and 60%.
Key Takeaways
- • AI-driven semiconductor infrastructure investment driving strong demand
- • Chip demand outpacing supply, prompting customer capacity expansion
- • Customers increasing short- and medium-term demand for ASML products
- • Very strong order intake
- • Growth in Installed Base Management sales from service and field option upgrades
ASML YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
ASML Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our first-quarter total net sales were €8.8 billion, within our guidance, and gross margin came in at 53.0%, at the high end of our guidance.”
— Christophe Fouquet, Q1 2026 Earnings Press Release
ASML Earnings Trends
ASML vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ASML EPS Trend
Earnings per share: estimate vs actual
ASML Revenue Trend
Quarterly revenue: estimate vs actual
ASML Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | $8.67 | — | $10.65B | — |
| Q1 26 BEAT | $6.62 | $8.43 | +27.42% | $10.34B | +20.18% |
| Q4 25 BEAT FY | $7.55 | $8.53 | +12.99% | $11.29B | +17.79% |
| FY Full Year | $24.89 | $28.70 | +15.31% | $37.94B | +16.81% |
| Q3 25 BEAT | $5.37 | $6.37 | +18.53% | $8.73B | +12.95% |
| Q2 25 BEAT | $5.25 | $6.85 | +30.53% | $8.93B | +18.16% |