VELDHOVEN: ASML Holding NV (ASML) reported second-quarter net sales of €7.7 billion and a net income of €2.3 billion, meeting the upper range of its guidance, the chip equipment maker said Wednesday.
Gross margin for the quarter was 53.7%, slightly down from 54.0% in Q1 but above the company’s forecast. Net bookings rose to €5.5 billion in Q2, of which €2.3 billion stemmed from its EUV lithography systems.
ASML sold 67 new lithography systems and nine used units, while its Installed Base Management revenue reached €2.1 billion.
CEO Christophe Fouquet said higher upgrade business and one-offs lowered costs, lifting margins beyond expectations. He also cited strengthening demand in DRAM and noted the shipment of ASML’s first TWINSCAN EXE:5200B High NA system.
“We expect third-quarter net sales between €7.4 billion and €7.9 billion and gross margins from 50% to 52%,” Fouquet said. Full-year net sales are projected to rise about 15% versus 2024, with margins holding around 52%.
An interim dividend of €1.60 per share will be paid on Aug. 6. ASML also repurchased €1.4 billion in shares under its 2022–2025 buyback program.
ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips.
ASML enables groundbreaking technology to solve some of humanity’s toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,000 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML.