Companies /Technology

ASML Holding NV

NASDAQ: ASML Semiconductor Equipment & Materials
$1,682.30
▲ $17.16 (+1.03%) today
Markets closed · 11:36pm ET

Q1 2026 Earnings

Reported Apr 15, 2026, 6:02am ET · SEC source
$8.43
Beat +27.42%
EPS · est. $6.62
$10.3B
Beat +20.18%
Revenue · est. $8.6B
−4.3%
Trailing market
ASML vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Apr 15Apr 16report 6:02am ETearnings+1.2%−5.1%
−6%−3%0Apr 15Apr 16earnings+1.2%−5.1%
ASML −5.1%S&P 500 +1.2%
−6%−3%0Apr 15Apr 16report 6:02am ETearnings+2.2%−5.1%
−6%−3%0Apr 15Apr 16earnings+2.2%−5.1%
ASML −5.1%NASDAQ +2.2%
−6%−3%0+3%Apr 14Apr 23report 6:02am ETearnings+2.3%−5.7%
−6%−3%0+3%Apr 14Apr 23earnings+2.3%−5.7%
ASML −5.7%S&P 500 +2.3%
−4%0+4%Apr 14Apr 23report 6:02am ETearnings+4.1%−5.7%
−4%0+4%Apr 14Apr 23earnings+4.1%−5.7%
ASML −5.7%NASDAQ +4.1%
−2.41%
Day of report
−4.79%
Next session
−2.57%
One week
+1.35%
30 days

S&P 500 over the same 30 days: +5.60%.

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 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

“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.”

ASML CEO, on the earnings call

Forward Guidance & Outlook

ASML expects Q2 2026 total net sales between €8.4 billion and €9.0 billion, with Installed Base Management sales around €2.5 billion, gross margin between 51% and 52%, R&D costs around €1.2 billion, and SG&A costs around €0.3 billion. For full-year 2026, the company now expects total net sales between €36 billion and €40 billion, with a gross margin between 51% and 53%, and an annualized effective tax rate of around 17%. Management noted that the guidance bandwidth accommodates potential outcomes of ongoing export control discussions. Longer-term, ASML sees an opportunity to achieve 2030 annual revenue between approximately €44 billion and €60 billion, with a gross margin between approximately 56% and 60%.

ASML YoY Financials

Revenue$10.3B
Gross Profit$5.5B
Operating Income$3.7B
Net Income$3.3B

ASML Revenue by Segment

Net System Sales$7.4B
DUV Lithography Systems
EUV Lithography Systems
Installed Base Management$2.9B
Metrology & Inspection Systems

Figures from SEC filings and company reports. Not investment advice.